This is the list of the top seven leading banks in the US on the issue of security of customer information, deposit guarantee and credit insurance for customers.
1. Wells Fargo & Company bank
1. Wells Fargo & Company bank
When JP Morgan Chase & Co. was investigated by FBI about the $2 billion loss, Wells Fargo & Company with dignity becomes the safest bank in the U.S. Wells Fargo is having 6,200 branches in all US states and 12,000 ATMs with the total assets reaching to $ 1.3 trillion.
2. JP Morgan Chase & Co. bank
Despite of being watched relentlessly by social media after a billion of dollar loss, JPMorgan Chase & Co. is still extremely stable in operating. This bank has a very good balance sheet with $ 2.3 trillion the amount of assets. JP Morgan Chase’s CEO, Jamie Dimon has announced that nothing can threaten the bank’s activities unless this Earth is doomed.
Although the stock’s price of this bank has fallen deeply after the loss of billions dollar, JP Morgan Chase & Co still remains a high market capitalization which reaches to 135.17 billion US dollars.
3. U.S. Bancorp bank
U.S. Bancorp is not given much attention like other bigger banks, perhaps because this is a local bank based in Minneapolis, Minnesota. Even so, this is the 5th largest commercial bank in the US, serving millions of customers. The asset value of U.S. Bancorp bank is up to 341 billion dollars, with more than 3,000 branches and 5,000 ATMs across over 25 states of the United States.
4. M&T Bank Corporation
M&T Bank Corporation is headquartered in New York, currently holding the amount of asset which worth $ 79 billion. M&T Bank Corporation is now presenting in eight states, with nearly 700 branches and 2,000 ATMs in the United States.
5. PNC Financial Services
PNC Bank Financial Services, is headquartered in Pittsburgh, Pennsylvania. The bank is presenting in more than 14 states with 2,500 branches and 7,000 ATMs. The asset of PNC Financial Services is more than $ 300 billion, and market capitalization reaches up to $ 31 billion.
PNC Financial Services is one of the strongest banks in the U.S, even overcoming the largest global financial crisis.
6. KeyCorp
Key Corp. is the only exception in the list of the 7 safest banks, with a very low share price traded on the market, under $ 10 per share. However, the market capitalization of Key Corp. reaches 7.12 billion US dollars and the value of assets reaches $ 87 billion.
7. BOK Financial Corporation
BOK Financial Corporation Bank is the bank with the smallest size in this ranking with a market capitalization value of only $ 3.8 billion and assets of a $ 26 billion. However, BOK Financial Corporation’s shares traded on the market with $ 56 per share, and analysts predict this figure will continue to rise, possibly up to $ 59 per share.
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