All banks and credit unions are not the same. Some points make one bank better than the other one. And people trust that best bank or credit union with their money. First, let me tell you the difference between bank and credit union. The credit union is nonprofitable organizations that are people-oriented and they work for the betterment of people only. On the other hand, banks are profitable organizations with shareholders. And they introduce different policies to increase business.
In this article, I have selected the top 3 best Banks and share unions that need to be trusted in the year 2019. Let’s have a look at them.
Let’s start with the best and my favorite bank i.e. M&T bank. It is one of the best no-fee checking banks with assets of $118 billion. M&T Bank is in business and one of the best profitable banks that is providing its services from the year 1976. Though I cannot refer to it as the largest bank of the word I am sure that you will love its services.
M&T Bank offers the best policies for the people with low budgets, as the bank checking account doesn’t demand any interest and it’s completely free. As compared to other banks M&T has better rates for CDs and other bank investments. Not only this M&T bank also offers the best customer services in the world. With the latest technology, online transaction, 24/7 customer support and credit cards with a 1.5% cash back guarantee. All these factors make M&T one of the best banks and credit unions that can be trusted easily.
The 2nd best bank in my list is Chase. It is the New York-based bank that claims all the comforts to its regular customers. The net worth of the America bank chase is $2.623 trillion. With employees more than 2500000. Chase has 51000 nationwide branches that are serving millions of customers in the world. As compared to its competitor’s chase has many best services to offer, including a wide range of credit cards. If we talk about technology and online services of Chase, it no doubt has a very functional and easy to use website. Its website can be used 24 hours a day and 7 days a week. Chase offers the lowest interest on bank accounts and CDs. The only drawback of using Chase is its unavoidable expenses on bank accounts.
Popular Community Bank
Last but not least, the bank no 3 in my list of top 3 best banks is a popular community bank. A popular community bank in a New York base profitable bank that is located at more than 50 locations. It is a mid-sized bank that offers interest-free bank account to the beginners. As you become the regular user the account fee increases but still it is negligible. It has 55000 perfectly working atms that barely gives any technical fault. A wide range of credit cards with very easy policies is also available.