Money's 2023 Best Banks in America
Top 100 Banks Led by City National Bank
Money's annual review of the nation's largest banks and thrifts has identified the top 100 financial institutions based on their overall financial health and customer satisfaction. City National Bank, headquartered in Charleston, West Virginia, emerged as the top-ranked bank for 2023, marking an impressive year of growth and performance.
Methodology and Key Factors
To determine the rankings, Money evaluated a comprehensive set of criteria, including:
- Financial strength
- Customer service
- Interest rates
- Fees
- Convenience
The analysis included both traditional brick-and-mortar banks and online-only institutions, ensuring a thorough comparison across the industry.
City National Bank's Success
City National Bank's rise to the top spot can be attributed to its exceptional financial performance. The bank's stock gained an impressive 18% in 2023, a testament to its strong growth and profitability. Positive customer reviews and a focus on providing personalized financial services have also contributed to its success.
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