When it comes to finance, assets can be considered anything that a bank owns, and can include things like securities, checking or savings accounts, or even loans that generate interest, such as personal loans or mortgages. When looking at the banks in the United States, the top banks have trillions of dollars in these assets. There are many large banks in the United States, but some of the biggest are actually found in Chin
From the team at Wyoming LLC Attorney comes this infographic that looks at the 30 largest banks in the United States, ranked by total assets. To develop these rankings, their team utilized data from the Federal Reserve through the end of 2022, and it includes major banks that have since failed, all according to the FDIC (Federal Deposit Insurance Corporation). According to their research from analyzing the Federal Reserve data, it was found that the largest bank in the United States, in terms of assets, is Chase Bank. With $3,201,942,000,000 in assets, the nearly 5,000 Chase Bank branches span more than 100 different countries. The bank, which was originally founded in 1799, is headquartered in New York City.
According to their research, other banks near the top of the rankings include Bank of America and Citibank, which are the second and third largest banks in the United States. Headquartered in Charlotte, North Carolina, Bank of America was founded in 1998, and today boasts approximately $2,418,508,000,000 in assets. The third-largest bank in the country would be Citibank, which has an estimated $1,766,752,000,000 in assets. Founded in 1812 as the City Bank of New York, has established its place as one of the top banks in the United States today. Other top banks on this ranking include Wells Fargo, US Bank, PNC Bank, Truist, Goldman Sachs, CapitalOne, and TD Bank.