Top banks list in Alabama 2022

Top banks list in Alabama 2022

1. Peoples Bank of Alabama


Peoples Bank of Alabama was established in 1977 as Peoples Bank of Holly Pond. Peoples Bank of Alabama is a community bank that provides personal, business and digital banking services to its customers.

Address: 1912 Cherokee Ave SW, Cullman, AL 35055, United States

2. CIT Bank


CIT is a division of First Citizens Bank, the largest family-controlled bank in the United States,
continuing a unique legacy of strength, stability and long-term thinking that has spanned generations.
Parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution
with more than $100 billion in assets. The company’s commercial banking segment brings a wide array of
best-in-class lending, leasing and banking services to middle-market companies and small businesses
from coast to coast. First Citizens also operates a nationwide direct bank and a network of more than
600 branches in 22 states, many in high-growth markets. Industry specialists bring a depth of expertise
that helps businesses and individuals meet their specific goals at every stage of their financial journey.


  1. Competitive APYs
  2. No monthly fees
  3. Mobile and online access 24/7
  4. Mobile check deposit capabilities
  5. Small minimum deposit requirements
  6. FDIC insured


  1. No physical locations
  2. No checkbooks for eChecking accounts
  3. No IRAs
  4. No auto loans
  5. No credit cards

Customer service: 00 1 626-535-8964
Headquarters location: Pasadena, California, United States
Founded: 2000

3. BBVA Compass Bank


BBVA USA was a bank headquartered in Birmingham, Alabama. It was a subsidiary of Banco Bilbao Vizcaya Argentaria from 2007 until 2021, when it was acquired by PNC Financial Services. It operated mainly in Alabama, Arizona, California, Colorado, Florida, New Mexico, and Texas.
Customer service: 00 1 866-342-2512
CEO: Javier Rodríguez Soler (Jan 2019–)
Successor: PNC Financial Services
Headquarters: Birmingham, Alabama, United States
Founder: Harry B. Brock Jr.
Parent organizations: Banco Bilbao Vizcaya Argentaria, PNC Financial Services
Subsidiaries: Simple, BBVA Compass Financial Corporation

4. Axos Bank


Axos Bank is an American federally chartered savings and loan association and direct bank headquartered in San Diego, California. It is the main consumer brand of Axos Financial.
Total assets: 13.9 billion USD (2020)
Headquarters location: San Diego, California, United States
Founded: July 4, 2000, San Diego, California, United States
Number of employees: 1,100 (2020)
Parent organization: Axos Financial
Founders: Jerry F Englert, Gary Lewis Evans

5. Ally Bank


Ally Bank is a full-service online bank offering competitive rates, low fees, no minimums and 24/7 customer service. Headquartered in Sandy, Utah, and founded in 2009, Ally Bank is the digital-only banking division of Ally Financial Inc., which has roots dating back to the 1920s.

Like other online banks, Ally is suitable for consumers who are comfortable banking from their mobile device, tablet or computer. Along with checking, savings, money market and certificate of deposit (CD) accounts, Ally provides mortgages, auto loans, personal loans and investing and retirement services.

This review focuses on Ally Bank’s banking products and services. Here’s a detailed look at what this bank offers and how it compares to similar online banks. Account details and annual percentage yields (APYs) are accurate as of Aug. 17, 2022.
Customer service: 00 1 757-247-2559
Headquarters: Sandy, Utah, United States
Founded: 2009
Parent organization: Ally Financial
Subsidiaries: Ally Servicing LLC, STS Properties LLC,

6. PNC Bank


The history of PNC Bank began nearly 170 years ago. During that time, the bank has grown to become the seventh largest U.S. commercial banking organization by assets, according to Federal Reserve data. The Pittsburgh-based regional bank operates primarily in the midwestern, northeastern and southern U.S.

In June 2021, PNC completed its acquisition of BBVA USA, giving the bank more coverage in the western part of the country and a more national footprint. The full-service bank offers an assortment of personal, business and commercial banking products and services.

PNC product details, rate and fee information may vary by location. For the purposes of this review, we primarily used the bank’s headquarters in Pittsburgh. This review focuses on PNC’s personal banking services. Account details and annual percentage yields (APYs) are accurate as of Oct. 6, 2021.


PNC Bank also offers the following financial products and services:

Credit cards
Mortgage loans
Mortgage refinancing
Home Equity Lines of Credit (HELOCs)
Auto loans
Personal loans and lines of credit
Student loans
Student loan refinancing
Retirement and investment accounts and services
Private banking
Business banking, credit cards, and lending
Commercial, corporate, and institutional banking and financial services

PNC operates approximately 2,300 local branches and roughly 18,000 ATMs across the U.S.

PNC customer support is available in person at local branches. You can also reach customer support via online chat or by phone at 1-888-762-2265 Monday through Friday from 7 a.m. to 10 p.m. ET and Saturday and Sunday from 8 a.m. to 5 p.m. ET. You can also tweet customer support at @PNCBank_Help.

Competitive APY on its online savings account
A large number of local branches and ATMs
Full suite of digital banking tools

High Yield Savings account isn’t available everywhere
Most CDs can only be opened in person at a branch
Expensive overdraft fees

For more than 160 years, we have been committed to providing our clients with great service and powerful financial expertise to help them meet their financial goals. We are proud of our longstanding history of supporting not only our customers but also our communities, employees and shareholders.

7. Regions Bank


Regions Financial Corporation is a bank holding company headquartered in the Regions Center in Birmingham, Alabama. The company provides retail banking and commercial banking, trust, stockbrokerage, and mortgage services.
Stock price: RF (NYSE) $22.60 -0.38 (-1.65%)
Headquarters: Birmingham, Alabama, United States
CEO: John M. Turner Jr. (Jul 2, 2018–)
Total assets: 153.3 billion USD
Founded: July 13, 1971
Number of employees: 19,969 (2018)
Revenue: 6.762 billion USD (2018)
Subsidiaries: Regions Trust, SCP Servicing, LLC,

8. First Citizens Bank


First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina. Its primary subsidiary is First Citizens Bank. It is on the list of largest banks in the United States. Wikipedia
Headquarters: Raleigh, North Carolina, United States
CEO: Frank B. Holding Jr. (Jan 28, 2008–)
Stock price: FIZN (OTCMKTS) $56.00 +1.00 (+1.82%)
Aug 18, 4:00 PM EDT
Total assets: 37.16 billion USD (2019)
Founded: 1898
Number of employees: 7,176 (2019)
Net income: 457 million USD (2019)
Subsidiaries: OneWest Bank


9. Wells Fargo Bank


Wells Fargo & Company is an American multinational financial services company with corporate headquarters in San Francisco, California; operational headquarters in Manhattan; and managerial offices throughout the United States and internationally. Wikipedia
Stock price: WFC (NYSE) $45.35 -0.82 (-1.78%)
Aug 19, 4:03 PM EDT
CEO: Charles W. Scharf (Oct 21, 2019–)
Headquarters: San Francisco, California, United States
Founder: William Fargo
Founded: 1852, United States
President: Charles W. Scharf
Subsidiaries: Wells Fargo Advisors,

10. AloStar Bank of Commerce


AloStar Bank of Commerce provides a full range of commercial banking services. The Bank offers consumer, commercial, and mortgage loans, as well as deposit products, trust services, internet banking, credit cards, insurance, wealth management, and local and international payment services. AloStar Bank of Commerce serves customers in the State of Alabama.

Founded: 2011
Headquarters location: Birmingham, Alabama, United States

Post Office Box 43600 Birmingham, AL 35243 United States

11. First Community Bank of Central Alabama


First Community Bank of Central Alabama is a commercial bank that has been open since August, 2001. We currently have offices in Wetumpka, Millbrook, Eclectic, Prattville, Tallassee, and Holtville. We also operate a Wealth Management Division and a full-service mortgage company, First Community Mortgage.

It is our belief that a community is best served by a local financial institution which understands the communities it serves and the financial needs of the people who live in those communities. It is our philosophy to employ the most competent, professional people our industry has to offer and then empower those people with the authority to make decisions at the point of customer contact.

Service options: Drive-through
Address: 715 Wilson St, Wetumpka, AL 36092, United States
Closed ⋅ Opens 8:30AM Mon
Phone: +1 334-567-0081
Website: https://www.fcbca.com/

Michael R. Morgan , CEO
Rana S. Futral President & CFO
(334) 567-0081
Richard W. Pinckard Senior VP\Commercial Lender
Brad Shedd Vice President\Loan Officer
William Carter, Loan Officer
Janna Roberts, Senior VP Retail Banking
Adrienne Kidd, Financial Services Rep
Rachel Gaines, Assistant Branch Operations Officer
(334) 386-4322
Rusty Smith, Vice President\Loan Officer
Amber Harris Loan Officer
Joyce F. Evans, Branch Operations Officer
(334) 541-2265
Summer Fuller, Vice President\Branch Manager
Abby Traylor, Branch Operations Officer
(334) 358-1663
Amanda Parker, Loan Officer
Andrea Comstock, Vice President\Branch Operations Officer
(334) 238-0800
Tommy Bracknell, Assistant VP\Branch Manager
Wendy Davis, Branch Operations Officer
West Prattville
(334) 351-0081
Jessica Albrets, Branch Operations
(334) 283-2299
Jace Peaden, Loan Officer
Tammy Knapp,Branch Operations Officer
South Tallassee
(334) 640-2502
Brad Mason, Vice President\City President
Ashley Hammonds, Branch Operations
Wealth Management
(334) 351-0095
Troy Stubbs, Financial Advisor and Manager
First Community Mortgage
(334) 285-8850
Ramona Carter, Vice President
Sarah Sommerville,Loan Originator
Alexus Jackson, Loan Originator

12.Liberty Bank


Liberty Bank is the oldest mutual savings bank in the United States, as well as the third largest bank in Connecticut. Liberty Bank is headquartered in Middletown, Connecticut and has 62 banking offices throughout the state, and one in western Massachusetts.
Headquarters: Middletown, Connecticut, United States
CEO: David Glidden (Mar 18, 2019–)
President: David Glidden
Founded: 1825
Type of business: Bank
Number of locations: 63 (2021)
Subsidiaries: Naugatuck Valley Mortgage Servicing Corporation.
Website: http://www.liberty-bank.com

13.Navy Federal Credit Union


Navy Federal Credit Union is a global credit union headquartered in Vienna, Virginia, chartered and regulated under the authority of the National Credit Union Administration. Navy Federal is the largest natural member credit union in the United States, both in asset size and in membership. Wikipedia
Customer service: 00 1 703-255-8837
Headquarters: Vienna, Virginia, United States
Members: 11,200,000 (February 2022)
CEO: Mary McDuffie (Jan 18, 2019–)
Founded: March 13, 1933
Number of employees: 20,800
Subsidiaries: Navy Federal Financial Group, Llc, Navy Federal Asset Management, LLC

14.Redstone Federal Credit Union


Redstone Federal Credit Union is a federally chartered credit union based in Huntsville, Alabama. Redstone Federal Credit Union is currently Alabama’s largest credit union, and is regulated and insured through the National Credit Union Administration.
Headquarters: Huntsville, Alabama, United States
CEO: Joseph H. Newberry (Jan 21, 2008–)
Founded: 1951
Number of employees: 750
Subsidiaries: Redstone Family Realty LLC, Redstone Consulting Group

Website: http://www.redfcu.org/

15.Valley National Bank


Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey, with approximately $42 billion in assets.
Headquarters: Wayne, New Jersey, United States
CEO: Ira Robbins (Jan 1, 2018–)
Total assets: 41.16 million USD (September 30, 2018)
Number of employees: 2,842 (2017)
Founded: 1927, Passaic, New Jersey, United States
Parent organization: Valley National
Subsidiaries: Masters Coverage Corp., VNB New York, LLC

Website: http://www.valley.com

16.Truist Bank


Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T and SunTrust Banks. Wikipedia
Customer service: 00 1 910-914-8250
Stock price: TFC (NYSE) $50.63 -0.79 (-1.54%)
Aug 19, 4:00 PM EDT
Headquarters: Charlotte, North Carolina, United States
CEO: Kelly S. King (Jan 1, 2009–)
Founded: 1872
Number of employees: 54,982 (2020)
Revenue: 20.37 billion USD (2020)
Subsidiaries: SunTrust Mortgage, Inc.

Website: http://www.truist.com

17.BancorpSouth Bank


Cadence Bank is a commercial bank headquartered in Tupelo, Mississippi with operations in Alabama, Arkansas, Florida, Georgia, Louisiana, Mississippi, Missouri, Tennessee, Texas, and Illinois. In 1876, Raymond Trice and Company received a charter to create a bank in its hardware store in Verona, Mississippi. Wikipedia
Headquarters: Tupelo, Mississippi, United States
CEO: James D Rollins III (Nov 27, 2012–)
Total assets: 48 billion USD (2021)
Revenue: 775 million USD (2019)
Number of employees: 4,693 (2019)
Founded: 1876

Website: http://www.bancorpsouth.com

18.Trustmark National Bank


Trustmark is a commercial bank and financial services company headquartered in Jackson, Mississippi, United States, with subsidiaries Trustmark National Bank, Trustmark Investment Advisors, and Fisher Brown Bottrell Insurance.
Stock price: TRMK (NASDAQ) $33.93 -0.27 (-0.79%)
Aug 19, 4:00 PM EDT
Headquarters: Jackson, Mississippi, United States
Revenue: 189.8 million USD (2020)
Total assets: 16.61 billion USD (2020)
Founded: 1889
Net income: 160.1 million USD (2020)
CEO: Duane Dewey (2020–), Gerard R Host (Jan 1, 2011–)

Website: http://www.trustmark.com

Top banks list in Alabama 2022