Tap on the profile icon to edit
your financial details.
Advertiser Disclosure

Best Banks In Nevada

Your Details Done
by Updated

Finding the Best Banks in Nevada

Nevada is home to hundreds of banks ranging from large national ones to regional financial institutions. So it can be hard to narrow down your choices. To give you a hand, the banking experts at SmartAsset have done the homework and have devised an in-depth report on the best banks in Nevada.

Bank APY Minimum Deposit Highlights
Bank of America Bank of America logo Read More 0.03% $100
  • Best national bank in Nevada
  • Full suite of banking products
Zions Bank Zions Bank logo Read More 0.10% $25
  • Best regional bank in Nevada
U.S. Bank U.S. Bank logo Read More 0.01% $25
  • Best customer service
  • Thousands of branches nationwide
Washington Federal Bank Washington Federal Bank logo Read More 0% $100
  • Best free checking account
Washington Federal Bank Washington Federal Bank logo Read More 0.50% $100
  • Best High-Yield Checking Account
Zions Bank Zions Bank logo Read More 0.90% $500
  • Best money market account
Chase Bank Chase Bank logo Read More 0% $25
  • Best for students
  • Thousands of branches nationwide

How We Determine the Best Banks in Nevada

We started out by gathering data on the largest banks in Nevada based on how many branches they operated in the state. We then examined different reasons some of these stood out. We explored factors like product versatility, overall fee structure and best savings accounts. In the end, we boiled our list down to the seven best banks in Nevada. Read on to see why these came out on top. 

Best National Bank: Bank of America

Bank of America

Bank of America is one of the biggest banks in the country. So it's no surprise that it offers its clients nearly every banking product you can imagine. You can find everything from a basic checking account to mutual funds and exchange-traded funds (ETF) through a partnership with the brokerage giant Merrill Edge

So no matter what type of customer you are, Bank of America should be a solid fit. Plus, you’d have access to thousands of branches and fee-free ATMs throughout the nation. But no matter where you are, you’d have 24/7 access to your accounts via online banking. In addition, Bank of America offers a mobile banking app that was recently certified by J.D. Power for providing “an outstanding mobile banking experience.”

Best Regional Bank: Zions Bank

Zions Bank

Those who want to work with a large regional bank may be interested in opening an account at Zions Bank. It operates in several states including Nevada, Arizona, California, Colorado, Idaho, New Mexico, Texas, Utah and Wyoming. In fact, Nevada houses about 50 branches. 

Plus, you can find the same kinds of products you’d expect at a national bank including checking, savings and certificate of deposit (CD) accounts. Its long-term CD options in particular offer some of the best CD rates we’ve seen among similarly sized banks. 

In addition, customers have access to the latest mobile banking features like mobile check deposit and seamless money transfer. At the time of this writing, users gave it a 4.2/5 star rating on the Apple App Store.

Best Customer Service: U.S. Bank

U.S. Bank

Following the 13th annual U.S. Retail Banking Satisfaction Study, U.S. Bank came out on top. The study surveyed thousands of customers on different aspects of the customer service experience including advice and overall fee structure.

Nevada is home to nearly 100 U.S. Bank branches. But it's reach extends to thousands of offices nationwide. So even if you’re traveling, you're likely to find top-rated customer service near you. In fact, U.S. Bank stands as one of the largest banks in the country with more than 73,000 employees. 

Plus, U.S. Bank offers a wide network of communication. For instance, you have access to customer service representatives via phone, email and thousands of physical branches. The company’s website even offers a detailed Q&A section where you can find answers before you decide to pick up the phone or make a trip to the bank.

Best Free Checking Accounts: Washington Federal

Washington Federal Basic Checking Account

If you’re interested in a simple checking account with no hidden fees, Washington Federal has you covered with its Basic Checking Account. You can open one with $100. But after that, you don’t have to worry about any monthly service fees. You don’t even need to maintain a minimum balance. 

However, you have to establish direct deposit and enroll in eSatetements. But that should be a minimal task compared to the benefits and peace of mind you’re getting with this account. 

But if your financial life is a bit more complex, you can open a variety of other products including CD and money market accounts (MMAs). You can also apply for a mortgage.

Best High-Yield Checking Account: Washington Federal

Washington Federal Stellar Plus

Washington Federal also scores with Stellar Plus, its premium checking account. You can earn a 0.50% APY on it if you maintain a minimum balance of $10,000. While the required balance is large, the interest rate climbs considerably high for a checking account even when compared to similar options at the best banks in the country. 

So if you’re looking to deposit a large some of money, Washington Federal may be the place for you. 

And the bank gives you a few opportunities to lower your monthly service fee or avoid it all together. For instance, the bank will waive it if you keep a minimum balance of at least $20,000. Or it will lower it to $3 if you keep a balance between $10,000 and $19,999. If you keep less than $10,000 in the account, the monthly service fee will be $8.

Best Money Market Account: Zions Bank

Zions Bank Online Money Market Account

Money market accounts tend to generate higher interest rates than your typical savings account. And at Zions Bank, you can open an online MMA with an APY of 0.90%, which towers over the national average rate for savings accounts. 

However, the minimum deposit is higher at $500. You’d also be limited to online and mobile banking for this account. It’s important to note, however, that this option can compete with some of the best money market accounts we’ve analyzed. So it may be worth sacrificing access to physical branches. Plus, you’d still get checks

Best for Students: Chase

Chase Bank

Chase bank offers one of the most student-friendly checking options we’ve seen. With a $25 minimum deposit, you can open a Chase College Checking account. And Chase will waive the monthly service fee for up to five years while you’re in college. 

You can still avoid the fee if you set up a direct deposit of at least $500 or if you keep an average ending day balance of at least $5,000.

Tips on Better Banking

  • These days, brick-and-mortar banks generally aren’t offering the best rates on their traditional savings accounts. However, you don’t have to live in a certain location or have several accounts with a specific bank to open an online high-yield savings account
  • Look out for the best money market accounts, which typically generate interest rates superior to those of traditional savings accounts. 
  • Managing your finances and climbing out of debt can seem like an impossible task. But a financial adviser can guide you through every step of the process with confidence. If you’d like to work with one, you can use our SmartAsset financial advisor matching tool. It links you with up to three local financial advisors in your area. Each can walk you through every step of your financial life from balancing a budget to planning for retirement.


Save more with these rates that beat the National Average
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure
Unfortunately, we are currently unable to find savings account that fit your criteria. Please change your search criteria and try again.
Searching for accounts...
Ad Disclosure