The Top 10 Banks in America

The Top 10 Banks in America

8. TD Bank

TD Bank, which combines many banks, has assets of $415 trillion. It has variously been known as Portland Savings Bank, Banknorth, and presently TD Bank over the years. It bought Commerce Bank in 2008 and afterwards amalgamated with TD Banknorth in Canada.

Toronto-Dominion is what the TD in TD Bank truly stands for. Despite having a Canadian parent corporation, the American division has 1,156 locations nationwide and its headquarters are in Cherry Hill, New Jersey.

The Top 10 Banks in America

9. Bank of New York Mellon

Alexander Hamilton, the first Secretary of the Treasury, was a co-founder of the Bank of New York in 1784. The consequence of the union of that company with T. Mellon and Sons, a Pittsburgh-based organization that provided financing for the steel and petroleum sectors, is Bank of New York Mellon (BNY Mellon). BNY Mellon is the oldest financial organization in the nation because to its lengthy history. Its assets reach $384 trillion, and it has branches in 29 American cities, Washington, D.C., and three other nations (Dubai, Grand Cayman and England). Services for investment management are offered by its subsidiary BNY Mellon Wealth Management.

The Top 10 Banks in America

10. Capital One

In addition to offering checking and savings accounts, Capital One also offers credit cards, vehicle loans, and mortgages. Capital One began to seriously enter the banking industry in 2005 after initially focusing solely on credit cards. Capital One received criticism at the beginning of 2014 for altering its customer terms of service to permit the bank to contact consumers anyway it saw fit, including purposefully misleading them with phony caller IDs. Despite having one among the fewest branch networks on our list, Capital One currently has assets worth more than $369 billion.

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