Largest Privately Owned U.S. Bank (2024)

FAQs

What is the largest privately owned bank in the US? ›

MidFirst Bank is the largest privately owned bank in the United States with $36.9 billion in assets. We offer our customers personal, commercial, trust, private banking, wealth management and mortgage products backed by $3.6 billion in capital and reserves, and more than $16 billion in available liquidity.

It is backed by comprehensive risk management and strict corporate governance principles. Bank Julius Baer & Co. Ltd. has a A1 long-term deposit rating (domestic and foreign currency) from Moody's.

The bank was formed in 1892 and has been owned by the Ware family since 1909. ANB is known as the largest, 100-percent family-owned bank in the United States. In 1999, the magazine Texas Monthly called the Wares the "bankers of the century." The bank is headquartered in two high-rise buildings in downtown Amarillo.

For its ninth annual World's Best Private Banks Awards, Global Finance Magazine ranked J.P. Morgan Private Bank* first overall. J.P. Morgan Private Bank has once again been named “Best Private Bank in the World” as well as “Best Private Bank in North America.”

With great rates and the comfort of your money being insured by the FDIC¹ up to $250,000, you can be sure your money is in great hands with Vio Bank. FDIC insurance information available at fdic.gov/bankfind.

To avoid the monthly fee, the account holder must 1) set up a direct deposit of $200 or more per month to the account (a combination of direct deposits totaling $200 does not satisfy this requirement), or 2) maintain an average monthly balance of at least $5,000 in the account on or after the end of the second ...

Although it's not a household name, Julius Baer is one of the leading wealth management firms in Switzerland. Its focus is to provide advisory services to private clients through high-end services. 25 The firm's strategy is built on three main principles: Best-in-class client experience.

Summary. Julius Bär ranks 75th in the Financial System Benchmark. In comparison to other banks, it ranks 42nd out of 155.

1. JP Morgan Private Bank. “J.P. Morgan Private Bank is known for its investment services, which makes them a great option for those with millionaire status,” Kullberg said. “With J.P. Morgan, each client is given access to a panel of experts, including experienced strategists, economists and advisors.”

JPMorgan Chase – $3.5 trillion

Columbus, Ohio-based JPMorgan Chase is the largest US bank with total assets of $3.503 trillion. Some $2.684 trillion are domestic assets, accounting for 77% of its total assets. The bank operates 4,912 domestic branches and 32 foreign branches.

What is the largest minority owned bank in the US? ›

OneUnited is the largest Black-owned bank in the U.S. It is also FDIC insured and initially launched in 1968. How do I find out if my bank is Black owned?

JPMorgan Chase, the financial institution that owns Chase Bank, topped our experts' list because it's designated as the world's most systemically important bank on the 2023 G-SIB list. This designation means it has the highest loss absorbency requirements of any bank, providing more protection against financial crisis.

U.S. Bank is one of four honorees in the banking category and the only U.S.-based bank to be honored for 10 consecutive years. The listed 2024 World's Most Ethical Companies® honorees outperformed a comparable index of global companies by 12.3% from January 2019 to January 2024.

HDFC (Housing Development and Finance Corporation Ltd) Bank is currently the largest private sector bank in India. HDFC Bank had a massive net revenue of Rs. 38,151 crores for the fiscal year 2022-23. The bank offers a wide spectrum of product and service offerings in various banking segments.

JP Morgan private bank minimum requirement is $10 million. Chase private bank minimum requirement is an average beginning day balance of $150,000 or more.