Leading Financial Institutions in Maryland for 2024

Maryland residents enjoy a diverse banking landscape with over 80 local and national banks operating in the state. This extensive choice can make selecting the right bank challenging. Below is a list of top banks in Maryland, each excelling in different areas. Some offer competitive interest rates on savings, others provide wide branch networks, and some lead with innovative online banking services. Continue reading to find the best fit for your financial needs.

M&T Bank
Popular among Maryland residents, M&T Bank is known for its free checking accounts. It offers a comprehensive banking experience with features like online and phone banking, FDIC insurance, and no monthly maintenance fees. It’s suitable for all age groups seeking convenience and reliability.

PNC Bank
PNC is a prominent bank in Maryland, offering attractive savings account benefits and excellent customer service. With over 200 branches statewide, it’s highly accessible. PNC’s checking accounts feature online banking, unlimited checks, and a cashback debit card, appealing to traditional banking enthusiasts.

BB&T Bank
This bank stands out for students, providing an ideal checking account with no minimum deposit or monthly fees. Its flexible online and mobile platforms allow students to customize their banking experience. BB&T’s extensive branch network in Maryland ensures convenient access for students and customers alike.

Bank of America
Bank of America leads in offering the highest APY on savings accounts in Maryland. With over 150 branches, it provides easy access and a range of benefits including low maintenance fees, and account linking options. Preferred clients can waive monthly fees by maintaining minimum balances.

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