Map shows biggest bank headquartered in each state

Map shows biggest bank headquartered in each state

(GOBankingRates)


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SALT LAKE CITY — A recent survey shows that public opinion of big banks has improved significantly over the past few years, prompting GOBankingRates to create a map displaying the biggest bank headquartered in each state.

GOBankingRates compiled the data for the map by surveying the biggest bank headquartered in each state. The data included the accessibility and technology of each bank's branches including how many branches and ATMs were offered in the state and if online and mobile banking was available.

The data also included the economic impact of each bank including the amount of taxes paid in the state and the number of employees. Community outreach from each bank and the number of charitable donations was also included in the data.

The biggest bank headquartered in Utah was Ally, according to the map. Ally was started in 1919 as a captive finance subsidiary, according to its website. The bank currently has around 784,000 customers in Utah.

"Big banks are often thought of on a national scale — after all, they certainly have that reach," GoBankingRates.com said. "Our study, however, uncovered the numerous ways these institutions prop up their local communities — through charity, through outreach, through taxes and employment."

The map was released on July 7.

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Faith Heaton Jolley

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