Thursday, 1 March 2012

What Are The Top US Banks

By Marlene Doyle


United States is without any doubt the most advanced and established country of the world and is the epitome of all kinds of financial and business activities. It is implausible to even think about United States and forget about mentioning the world's largest banks. Needless to say, the US is home to some of the most renowned and in fact the world's best banks.

Among the top US banks the dominant names are Bank of America, J. P. Morgan Chase & Company, Citigroup, Wells Fargo & Company, HSBC and Barclays. These banks are known world over for their superior services to the customers. In this article, I'm going to shed light on the four best of the best USA banks which are busy expanding their networks in the entire world.

Well, among these top US banks, the first place no wonder is occupied by the Bank of America or BOA. According to the number of assets; BOA is without dispute the number one bank in the US. BOA has earned it customers in more than 150 countries of the world owing to the premium services that it provides. Moreover, this bank is a key player in the investment banking sector. A characteristic feature of this bank is that it is a Global ATM Alliance member. This membership is basically a collective effort of a few renowned international banks that allow the customers of those banks to use their ATM cards at any other GTA member bank without being liable of any fees. This facility has no wonder made the lives of the customers of BOA a lot easier.

Then there is J. P. Morgan Chase and company; another top US bank providing its services to a large number of countries. Although, all of its services and features are worth mentioning, yet the one which is earning a lot of customers is its cash rewards visa card feature. It allows its customers having good credit background to get gifts and cash prizes, in case they earn a certain number of points. Moreover, the point earning is not even difficult as you earn a point on even spending a single dollar. Other than this, it also provides other services to the customers like purchase protection, emergency cash and card replacement etc.

Then the third and the fourth place is occupied by Citigroup and Wells Fargo respectively, that are providing their services in over 140 countries in the world. They offer a number of attractive features along with providing quality services. Finally, the characteristic which makes all these top US banks the most sought after is that they have huge number of ATMs in nearly every city and state of the US, plus they have the perfect online banking system in all over the world.




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