People of Maryland are very lucky when it comes to banking because the state is blessed with more than 80 local and nationalized banks. These banks make it hard for individuals to decide where to put their money. Following is a list of the top banks in Maryland that are good in their own ways. Some of these provide the best interest rates on savings and investments while there are some that provide the most convenient branch access and some of the best online facilities. Read on to know more which one will be the best for you.
M&T Bank
This bank is a favorite among the people of Maryland because of its free checking account. The bank is the perfect choice for people who are looking for a financial institution which offers all the facilities under a single roof. This bank can easily qualify to become the favorite bank of all generations. M&Ts checking account comes with a zero monthly fee and it has no minimum account balance requirement. This checking account comes with all the standard modern features like online banking, phone banking, and an FDIC insurance.
PNC Bank
This nationalized bank helps the people of Maryland enjoy financial benefits and gives them some of the best deals on their savings accounts. This bank is the most preferred bank of the individuals who love the traditional way of banking. This bank has more than 200 branches in the state and is so easy to find that you will always be a few minutes away from one of the branches of the bank. Further, the bank offers a really good checking account which comes with features like online banking, unlimited checks and a debit card with the cash back facility.
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BB&T
This is the best bank in Maryland for students as it has the best checking account for students. This account gives the students the benefit of a minimum opening deposit, there is no requirement of minimum balance and the best part is there is no monthly fee. This account further gives the students the liberty to customize their banking experience on both the mobile as well as online. BB&T has the third most number of bank branches in the state making it one of the best banks for students who might not be able to travel far and wide to fulfill their banking needs.
Bank of America
Bank of America is the best bank of Maryland when it comes to the APY that it offers on the savings accounts. The bank also has more than 150 branches across the state making it an easy to access branch for its customers. Bank of America’s savings accounts come with a variety of benefits like a nominal maintenance fee and a link to the Bank of America Interest Checking account. The monthly maintenance fee is also flexible for preferred clients and can be completely waived off by maintaining a minimum balance in the account.
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