The best regional banks in the entire South Atlantic

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Banks and credit unions in the South Atlantic region are scattered throughout the southeast coast of the United States, including Florida, Georgia, the Carolinas, Virginia, Delaware and Maryland – the Non-coastal West Virginia is also part of the region. .

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In banking terms, this is an area defined by extremes. An average-sized credit union in the top 10 has about 300 branches, but beyond that, each institution on the list has either a few dozen branches or more than a thousand.

GOBankingRates has ranked the best banks and credit unions in the South Atlantic region based on factors such as verification fees, savings APY, 12-month CD APY and number of locations, which are all defined for each institution in the list. The study also looked at each bank’s total assets and the presence or absence of 24/7 customer service and live human chat. Finally, the study took into account other products offered – such as car loans, mortgages, credit cards, investment services and insurance – while taking into account the rating of the application from each bank in the Apple and Android stores.

Here are the top 10 credit unions and banks in the South Atlantic region.

JPMorgan Chase

  • Branches: 4,960
  • Verification fees: $12
  • APY savings: 0.01%
  • CD APY 12 months: 0.02%

Learn more about this financial institution in our full review about it.

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Federal Naval Credit Union

  • Branches: 298
  • Verification fees: $0
  • APY savings: 0.25%
  • CD APY 12 months: 0.55%

Learn more about this financial institution in our full review about it.

Bank of America

  • Branches: 4,215
  • Verification fees: $12
  • APY savings: 0.01%
  • CD APY 12 months: 0.03%

Learn more about this financial institution in our full review about it.

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Wells Fargo

  • Branches: 5,024
  • Verification fees: $10
  • APY savings: 0.01%
  • CD APY 12 months: 0.01%

Learn more about this financial institution in our full review about it.

American Airlines Credit Union

  • Branches: 38
  • Verification fees: $4.75
  • APY savings: 0.40%
  • CD APY 12 months: 0.50%

Learn more about this financial institution in our full review about it.

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KeyBank

  • Branches: 1,046
  • Verification fees: $0
  • APY savings: 0.01%
  • CD APY 12 months: 0.05%

Learn more about this financial institution in our full review about it.

Wings Financial

  • Branches: 31
  • Verification fees: $0
  • APY savings: 0.15%
  • CD APY 12 months: 0.45%

Learn more about this financial institution in our full review about it.

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Delta Community

  • Branches: 30
  • Verification fees: $0
  • APY savings: 0.08%
  • CD APY 12 months: 0.55%

Learn more about this financial institution in our full review about it.

Fifth Third Bank

  • Branches: 1,110
  • Verification fees: $0
  • APY savings: 0.01%
  • CD APY 12 months: 0.01%

Learn more about this financial institution in our full review about it.

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American bank

  • Branches: 2,319
  • Verification fees: $6.95
  • APY savings: 0.01%
  • CD APY 12 months: 0.05%

Learn more about this financial institution in our full review about it.

More from GOBankingRates

To discover the Top 100 Banks, GOBankingRates reviewed all institutions with published data available (national, regional, local and online) from the Best Banks 2021 categories as well as all credit unions with over $1 billion in total assets and accessible to a wide audience. GOBankingRates considered the following factors: (1) total assets from the FDIC and NCUA; (2) the number of branches from the FDIC and NCUA; (3) annual current account fees; (4) savings account APY rate; (5) 12-month APY CD rate; (6) customer service products offered (24/7 customer service and live chat with a human); (7) Bauer rating (out of 5 stars); (8) products/services offered (car loans, mortgages, credit cards, investment services and insurance); and (9) the average mobile app rating between Android and Apple stores. All factors were then scored and combined, with the lowest score being the best. Factors (1) and (4) were weighted 1.5 times in the final rating, factor (2) was weighted 2 times, factor (6) was weighted 0.5 times and factor (8) was weighted 2.5 times. For all savings and checking account data, only the core accounts/products offered at each institution were analyzed. All data current as of 12/08/21, rates and fees are subject to change.

About the Author

Andrew Lisa has been writing professionally since 2001. An award-winning writer, Andrew was previously one of the youngest nationally distributed columnists for the nation’s largest newspaper syndicate, the Gannett News Service. He worked as a business editor for amNewYork, the most widely distributed newspaper in Manhattan, and worked as an editor for TheStreet.com, a financial publication at the heart of New York’s Wall Street investment community. .

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