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Banking Giants: The Top 10 Biggest Banks in the United States

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  • Last updated on August 6, 2024
  • 5:20 pm

Banking Giants: The Top 10 Biggest Banks in the United States

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  • Last updated on August 6, 2024
  • 5:20 pm

6. Bank of New York Mellon

Bank of New York Mellon is the sixth-largest bank in the United States, with assets totaling over $381 billion. Founded in 1784, the bank has a long history of providing financial services to individuals, businesses, and governments. Headquartered in New York City, the bank operates in 35 countries and has over 50,000 employees.



Bank of New York Mellon offers a range of financial services, including investment management, custody and administration, and investment servicing. With a strong focus on innovation and technology, the bank has become a leader in the financial services industry, known for its expertise in asset management, securities servicing, and treasury services.

7. State Street Corporation

State Street Corporation is the seventh-largest bank in the United States, with assets totaling over $341 billion. Founded in 1792, State Street has a rich history of providing financial services to institutions and individuals. Headquartered in Boston, Massachusetts, the bank operates in 29 countries and has over 40,000 employees.

State Street offers a range of financial services, including investment management, custody and administration, and investment servicing. With a strong focus on innovation and technology, State Street has become a leader in the financial services industry, known for its expertise in asset management and investment solutions.

8. Capital One

Capital One is the eighth-largest bank in the United States, with assets totaling over $330 billion. Founded in 1988, Capital One has disrupted the banking industry with its innovative approach to financial services. Headquartered in McLean, Virginia, the bank operates in 10 countries and has over 40,000 employees. Capital One offers a range of financial services, including personal and commercial banking, credit cards, and investment services.



With a strong focus on digital transformation and customer experience, Capital One has become a leader in the fintech space, known for its user-friendly banking apps and innovative products like Capital One 360 and Quicksilver Cash Rewards.

9. PNC Financial Services Group

PNC Financial Services Group is the ninth-largest bank in the United States, with assets totaling over $324 billion. Founded in 1845, PNC has a rich history of providing financial services to individuals, businesses, and governments. Headquartered in Pittsburgh, Pennsylvania, the bank operates in 19 states and has over 50,000 employees. PNC offers a range of financial services, including personal and commercial banking, investment banking, and asset management.

With a strong commitment to community development and environmental sustainability, PNC Financial Services Group is a respected leader in the US banking industry, known for its innovative approach and exceptional customer service.

10. Truist Financial Corporation

Truist Financial Corporation is the tenth-largest bank in the United States, with assets totaling over $313 billion. Founded in 2019, the bank is a result of the merger between BB&T and SunTrust, two of the largest banks in the country. Headquartered in Charlotte, North Carolina, Truist Financial Corporation operates in 15 states and has over 50,000 employees.

The bank offers a range of financial services, including personal and commercial banking, investment banking, and asset management. With a strong commitment to innovation and customer service, Truist Financial Corporation is a significant player in the US banking industry.


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