Best Banks in Indiana

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Contributor, Benzinga
July 10, 2020

Are you ready for a new bank in Indiana? Don’t be overwhelmed with all the options. Start with Benzinga’s list of the best banks in the state.

Best Banks in Indiana Near You:

Axos Bank Savings
Best For
  • No Maintenance Fees
securely through Axos Bank Savings's website

Best Checking Accounts: Axos Bank 

Axos Bank is an online bank that offers checking, savings, mortgages, auto loans, personal loans and investing for consumers. 

You can check your account balance, transfer funds, pay bills, view your transaction history and contact customer service with Axos’ mobile banking. The app and website are both encrypted and secured to ensure your personal information is protected. 

Axos Bank operates 5 different checking accounts. Some checking accounts even allow you to deposit your paychecks up to 2 days faster, reimburse your ATM fees and give you cash back. 

Chase Bank
Best For
  • Best for Checking Account Variety
securely through Chase Bank's website

Best for Businesses: Chase

Chase works with consumer and commercial clients. It offers credit cards, checking accounts, savings accounts, mortgages, home equity lines of credit, auto loans, financial planning and investing services.

You can create an investing account through J.P. Morgan and may earn up to $725 as a bonus offer when you open a new You Invest Trade account. 

Chase’s team of business professionals can help improve your business’ cash flow, offer credit solutions, manage payroll and even provide merchant services. Chase offers business banking products like checking accounts, savings accounts, credit cards, debit cards and more. Chase lets you manage your accounts through online and mobile banking .  

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

Best Savings Accounts: CIT Bank 

CIT Bank offers personal banking, business banking, commercial banking and community association banking. If you are always on-the-go, CIT Bank is a great option for online and mobile banking. 

You can deposit checks, transfer funds, monitor your accounts, view your transaction history and pay your bills with the CIT mobile app. You can also open an eChecking account online that will earn interest. 

CIT Bank is recognized for its savings accounts and savings products. Whether you’re planning a major purchase or want to build an emergency fund, CIT Bank has a savings product that can help you reach your goal. You can save your money in different high-yield interest earning savings accounts, money market accounts and various certificates of deposit (CDs). 

US Bank – personal banking
securely through US Bank – personal banking's website

Best Branches: U.S. Bank

U.S. Bank operates personal banking, business banking and wealth management divisions. There are U.S. Bank branches and ATMs in 13 locations throughout Indiana. 

You can use the U.S. Bank digital tools to pay your bills, deposit checks, transfer funds, review your statements and more. Banking products include checking accounts, savings accounts, credit cards, mortgages, refinancing options, loans and credit lines. You can also find help with investments and retirement. 

Business services include checking and savings accounts. U.S. Bank also offers lending options, credit cards, merchant services and payroll services. 

Best Mobile Banking: BBVA

BBVA was founded in Birmingham, Alabama, in 1964. Since then, BBVA has expanded its locations throughout the United States and developed mobile and online banking services. 

It’s award-winning mobile app is a simple and convenient way to manage your finances. Customer service is available via text, email or phone. 

You’ll have access to credit cards, loans, mortgages and investing. If debt is an area of concern for you, look into a BBVA Express Personal Loan to consolidate your debt into a single payment at a low-interest rate. 

Frequently Asked Questions

Q: What are certificates of deposit (CDs)?

A: CDs are similar to savings accounts. You deposit a set amount of money for a specific amount of time. Although you can’t access your money during that time frame, you’ll receive a higher interest rate than a traditional savings account. CDs with longer terms earn more interest.

Q: What do I need to open a bank account?

A: Requirements can vary bank to bank. You’ll likely need your identification, Social Security number and personal information. Make sure to contact someone from the bank and ask about any additional requirements. 

Choose the Right Bank

Choosing the right bank doesn’t need to be a complicated decision. Ask questions to find the information you need and prioritize the services that are important to you. Start with our list of recommended banks to find the perfect match today.  


To determine the best banks in Indiana, Benzinga analyzed over 100 banks and financial institutions. We gave weight to banks in Indiana 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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