Best Banks in Florida

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Contributor, Benzinga
August 17, 2021

Living in Sunshine State has its perks — great weather, tons of beaches and access to best-in-class banks. To narrow your search for the top banks in the state, we identified highly-rated banks that offer multiple services. 

Read on to discover the best banks in Florida for your financial transactions today. 

CIT Bank
Best For
  • Business and Personal Checking
securely through CIT Bank's website

Best for Flexible Solutions: CIT Bank

CIT Bank is 1 of the top 50 banks in the U.S. The bank can help you with your short-term goals like a vacation and long-term goals like buying a home. It also offers savings flexible solutions with its Savings Builder account.

CIT Bank’s eChecking account lets you pay bills and people and access your money anywhere through online and mobile banking. You can transfer, pay and purchase with Zelle® or use Bill Pay, Samsung Pay and Apple Pay. With CIT Bank’s mobile app, you can deposit checks and make unlimited withdrawal and disbursements.

The bank doesn’t charge monthly fees or ATM fees. If you use another bank’s ATM, you’ll incur fees but you can get up to $30 in fees reimbursed per month.

Wells Fargo | banking
Best For
  • In-person service and support
securely through Wells Fargo | banking's website

Best for Security: Wells Fargo

Wells Fargo is a popular bank in the U.S. serving 1 in 3 households. It has over 7,400 locations and 13,000 ATMs. Its mobile app is used by over 24.4 million customers to conveniently pay bills, send money or check balances.

Worried about losing your money? Wells Fargo monitors for fraud 24/7 using proven technologies and security measures. The Wells Fargo debit card comes with liability protection at no extra cost, so you’ll be reimbursed for any unauthorized card transactions that you report promptly. The debit card’s chip technology creates a unique security code to help protect against counterfeit fraud.

PNC | banking
securely through PNC | banking's website

Best for Students: PNC

PNC is an excellent bank for personal, small business and even corporate use. It lets you manage your money online with its Virtual Wallet. The basic account options are:

  • Spend: your primary checking account
  • Reserve: short-term savings
  • Growth: long-term savings

PNC also has a special account for student banking known as Virtual Wallet Student. There’s no minimum balance or monthly service charge for 6 years from the date of opening. After 6 years, it will convert to its standard Virtual Wallet and be subjected to its fees and features.

In addition to the benefits of the standard Virtual Wallet, students can get 1 automatic refund of any overdraft item, 1 free incoming domestic or international wire transfer per statement period and more.

Bank United | banking
securely through Bank United | banking's website

Best for Wide Range of Accounts: Bank United

Bank United offers a wide variety of options when it comes to checking accounts as a 1-size-fit-all approach might not cater to unique needs. The bank offers 4 types of checking accounts:

  • Value Checking. An easy, worry-free checking account to help you manage your money with free monthly eStatements.
  • Vertical Rewards Elite Checking. The premium account that offers a full range of checking account benefits.
  • Relationship Checking. It combines all of the smart features of its regular checking account and exclusive benefits such as better rates on certificates of deposit.
  • Health Savings Account. The account helps you control your healthcare costs. It helps you reduce expenses such as office visits, vision and dental care and other services not covered by health plans with high deductibles.

Choose the Right Bank in Florida

All banks offer the standard services to carry out your day-to-day banking activities. Consult multiple banks to see which meet your unique financial needs. You can further filter based on minimum balance requirements, interest rates, fees and other relevant information. The combination of traditional and online banks available in today’s market mean you’re sure to find the perfect fit.

Frequently Asked Questions


When you open a deposit account, what kinds of disclosure does a bank have to make?


Every bank must provide you with disclosures regarding its deposit products so that you can make meaningful comparisons among banks. These include minimum balance requirements, interest rates, service fees, transaction limits and more.


Are the deposits in my bank insured?


Yes, as long as your deposits are in a financial institution backed by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures all types of deposits received by a financial institution including checking accounts, savings accounts, money market deposit accounts and certificates of deposit (CDs).


To determine the best banks in Florida, Benzinga analyzed over 100 banks and financial institutions. We gave weight to banks in Florida with co-op ATMs and cash-back options. We also gave greater rankings to banks which offered the following: checking and savings accounts, online banking, personal loans, mortgages, educational resources, and a mobile app.

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