U.S. retail bank customer satisfaction 2023 | Statista (2024)

Capital One received the highest customer satisfaction score among the largest banks in the United States as of 2023, with a score reaching 706 points out of 1,000. JPMorgan Chase, TD Bank, and U.S. Bank followed, while Bank of America, Wells Fargo, and Truist received the lowest scores. In 2022, Capital One was the fifth most-used bank in the United States.

Most important factors for bank customers worldwide

According to a survey conducted by Statista among more than 75,000 bank customers across 32 nations worldwide, trust is the most important factor when customers think about their banks. More than half of all respondents highlighted trust as the most important factor. Banks seem to understand this and put focus on increasing their trustworthiness, which can be seen by the high level of customer satisfaction with the trustworthiness of their banks. More in-depth information can be found Statista's global bank customer satisfaction survey.

Largest banks in the U.S.

There are several aspects to look at when determining the largest banks in the United States, but it would be difficult to find one that is not led by JPMorgan Chase. Across the main profitability metrics, such assets, market capitalization, market share, deposits, revenue, and net income, JPMorgan Chase is on top of the list. Return on equity (ROE) and return on assets (ROA) seem to be two of the few key performance indicators where JPMorgan Chase does not rank first.

U.S. retail bank customer satisfaction 2023 | Statista (2024)

FAQs

U.S. retail bank customer satisfaction 2023 | Statista? ›

Capital One received the highest customer satisfaction score among the largest banks in the United States as of 2023, with a score reaching 706 points out of 1,000. JPMorgan Chase, TD Bank, and U.S. Bank followed, while Bank of America, Wells Fargo, and Truist received the lowest scores.

Which bank has the best customer service 2023? ›

Bank of America

The bank ranked highest for customer satisfaction in one of 15 U.S. geographic regions in J.D. Power's 2023 retail banking satisfaction study. With Bank of America, customers have access to a mobile app that stands out from many of its rivals.

What is US bank ranked in customer satisfaction? ›

1 in full-service investor satisfaction in 2024 J.D. Power study. MINNEAPOLIS (March 27, 2024) – U.S. Bank is No. 1 in overall customer satisfaction for Wealth Management in the J.D. Power 2024 U.S. Full-Service Investor Satisfaction Study, the bank shared today.

What is the best bank in JD Power 2023? ›

Capital One ranks highest in overall satisfaction for a fourth consecutive year, with a score of 706. Chase (674) ranks second and TD Bank (661) ranks third.

What is the customer satisfaction score of Bank of America? ›

1 in the U.S. for its retail banking advice in the J.D. Power 2023 U.S Retail Banking Advice Satisfaction Study. In this annual study, customers rated Bank of America No. 1 in all five study factors relating to financial advice and guidance: clarity, quality, concern for needs, relevancy, and frequency.

How stable is US Bank? ›

Fitch Affirms U.S. Bancorp at 'A+'; Outlook Stable. Fitch Ratings - New York - 16 Oct 2023: Fitch Ratings has affirmed U.S. Bancorp and its subsidiaries' (USB) Long- and Short-Term Issuer Default Ratings (IDRs) at 'A+' and 'F1', respectively. The Rating Outlook is Stable.

Which bank has the highest customer satisfaction? ›

Capital One received the highest customer satisfaction score among the largest banks in the United States as of 2023, with a score reaching 706 points out of 1,000. JPMorgan Chase, TD Bank, and U.S. Bank followed, while Bank of America, Wells Fargo, and Truist received the lowest scores.

What bank is the safest to put your money 2023? ›

Bank of America is just one place below JPMorgan Chase on both the 2023 G-SIBs list and the Federal Reserve's list of the largest U.S. banks, which is why it was chosen in our research as one of the safest banks. The bank's security features also helped it score highly.

What is the safest bank 2023? ›

Global Top 100
RankNameFitch Score
1KfW10
2Zuercher Kantonalbank10
3BNG Bank10
35 more rows
Nov 10, 2023

What is the best bank in America 2023? ›

Full List of Best Banks 2023 - 2024
  • Alliant Credit Union.
  • Ally Bank.
  • Axos Bank.
  • Bank of America.
  • Bank5Connect.
  • Barclays.
  • Bethpage Federal Credit Union.
  • Bread Financial.

What score does U.S. Bank use? ›

Similar to most major credit card issuers, U.S. Bank looks at your FICO® Score when you apply for one of its cards. For that reason, we always suggest checking your FICO® Score so you'll have the most accurate information.

What is Chase customer satisfaction rating? ›

In our Chase Bank review, we evaluate its checking, savings and certificate of deposit options, as well as customer ratings. Key Takeaways: We give Chase 4.0 out of 5 stars overall because it offers a diverse selection of bank accounts, a positive customer experience and convenient branch access.

What are Bank ratings 1 to 5? ›

Government agencies rate banks on a number system from one to five, with one being the best and five indicating a significant possibility that the bank will fail in the short term.

Which bank provides the best service? ›

Overview of 10 Best Banks in India 2024
  • SBI. ...
  • Kotak Mahindra. ...
  • Axis Bank. ...
  • IndusInd Bank. ...
  • Bank of Baroda. ...
  • Punjab National Bank. ...
  • Union Bank of India. UBI, or Union Bank of India, is a public sector bank specializing in corporate, personal, and NRI banking services. ...
  • Canara Bank.
Mar 1, 2024

Have 3 banks failed in 2023? ›

Earlier last year Silicon Valley Bank failed March 10, 2023, and then Signature Bank failed two days later, ending the unusual streak of more than 800 days without a bank failure. Before Citizens Bank failed in November 2023, Heartland Tri-State Bank failed July 28, 2023 and First Republic Bank failed May 1, 2023.

Which bank is best for customer? ›

Top Savings Bank Accounts of 2024
  • State Bank of India (SBI) Savings Account. Balances less than Rs. ...
  • HDFC Bank Savings Account. Balances below Rs. ...
  • Kotak Mahindra Bank Savings Account. ...
  • DCB Bank Savings Account. ...
  • RBL Bank Savings Account. ...
  • IndusInd Bank Savings Account. ...
  • ICICI Savings Bank Account. ...
  • Axis Bank Savings Account.
Apr 3, 2024

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