Did you know that the average person has approximately five bank accounts? That’s quite a few accounts to keep track of, especially if those accounts have large sums of money in them.
With the best banks in Nevada, having multiple accounts may be optional. Instead, you can use one or two accounts to manage your finances and work towards your goals.
If you haven’t found a Nevada bank you like, our list of the best banks below includes several that offer superior services with plenty of products and services. These banks can help you open new financial doors.
It’s common practice to find a bank account and stick with it for years. If you’re looking for a chance or want to see what’s out there, this article can help you find a new bank account that grows with you as you flourish.
Are you ready to learn more about the best banks in Nevada? Let’s get started!
Best Banks in Nevada
Based on our research, these are the best banks in Nevada for 2023.
Best Checking Accounts in Nevada
When searching for the best checking account in Nevada, you want to make sure you're getting the most out of it. That means keeping an eye out for low fees, great customer support, and easy access to free ATMs nearby.
And if you happen to find an account that also earns you some interest on your money, well, that's even better! So, keep these factors in mind as you explore your options and find the checking account that suits you best in Nevada.
Here are the details on our favorite checking accounts this month.
- More than 15,000 ATMs and 4,700 physical locations
- New customers can qualify for a $300 intro bonus
- User-friendly online and mobile banking tools
- No minimum deposit to open
- Chase Overdraft Assist and Zero Liability Protection
- Grow your money with the highest APY on your balances
- Member FDIC, up to $2M of additional FDIC insurance
- No account fees or balance minimums
- Earn up to $300 with qualifying direct deposit, terms apply
- No. Fees. Period.
- Get up to $30 in other bank's ATM fees reimbursed per month
- .25% APY on balances over $25K
- Build credit with everyday purchases
- No annual fees
- No credit checks or history required to apply
- Get up to a $500 paycheck advance anytime
- Get paid up to 2 days faster
Best Savings Accounts in Nevada
The best savings accounts in Nevada have high annual percentage yields (APYs), allowing your money to grow more over time. Look for accounts with competitive APYs to make the most of your savings.
Here are the details on our favorite savings accounts this month.
- APY: 4.00%
- Minimum to Earn APY: $1
- Up to $325 welcome bonus for new accounts
Best Bank Promotions in Nevada
Bank account bonuses and promotions often offer attractive cash bonuses when you establish a new checking or savings account. If you're looking for the best bank bonuses in Nevada, it's important to note that these bonuses are typically awarded as one-time perks.
To be eligible for such rewards, you will typically need to arrange for direct deposit with the bank and maintain the account for a minimum duration, often a few months.
Here are the details on our favorite bank account bonuses this month.
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Best for checking
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Best for savings
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Best for business
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Chase Total Checking® (Nationwide)
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SoFi Checking & Savings (Nationwide)
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Chase Business Complete Checking® (Nationwide)
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- Bonus Offer: $300
- Minimum Deposit: $500
- Direct Deposit: Yes
- Expiration Date: 1/22/25
- Bonus Offer: $325
- Minimum Deposit: $1,000-$5,000
- Direct Deposit: Yes
- Expiration Date: 12/31/24
- Bank Bonus: $300
- Minimum Deposit: $2,000
- Direct Deposit: No
- Expiration Date: 1/16/25
Some of the best banks in Nevada offer the best banking apps, so you can bank while you’re relaxing in a casino or sailing on Lake Mead. Keep reading to learn more about the Silver State's best banks.
1. Chase
As you might expect, Chase has over 60 locations in Nevada, most of which are in Las Vegas. With everything from basic checking and savings accounts to credit cards, loans, investments, and business banking, Chase is one of the best national banks you can work with.
Chase’s everyday and premium checking accounts have monthly fees starting at $4.95. However, you can waive most fees by meeting specific criteria, such as maintaining a minimum balance.
Choose from two Chase savings accounts: Chase Savings and Chase Premier Savings; You can waive the $5 monthly fees, but the interest rates aren’t as competitive as online-only banks.
You can view more of Chase's products below.
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Earn $300 bonus
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Earn $3,000 bonus
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Earn $300 bonus
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Earn $100 bonus
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Earn $100 bonus
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A versatile business checking account offering a $300 bonus and multiple ways to waive the monthly fee.
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A premium checking account offering personalized services and exclusive benefits for high-balance customers.
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A flexible checking account with a $300 bonus and easy ways to waive fees.
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A straightforward checking account offering a $100 bonus and no overdraft fees.
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A student-friendly checking account offering a $100 bonus and no monthly fees while in school.
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- Comprehensive business checking account with essential features.
- Earn a $300 bonus by meeting qualifying activities.
- $15 monthly fee, waivable with qualifying activities.
- Unlimited electronic deposits and up to 20 free teller transactions monthly.
- Access to over 16,000 ATMs and 4,700 branches nationwide.
- Premium checking account with personalized services.
- Designed for individuals with $150,000+ in qualifying balances.
- Earn up to $3,000 in sign-up bonuses.
- No Chase fees with qualifying balance requirements met.
- Access to exclusive perks and dedicated support.
- Essential checking account with convenient access.
- Earn a $300 bonus with $500+ in direct deposits.
- $12 monthly fee, waived with qualifying activities.
- Access to 15,000+ ATMs and 4,700+ branches.
- Includes Chase Overdraft Assist℠ for added protection.
- Basic checking account with no overdraft fees.
- Earn a $100 bonus with qualifying transactions.
- $4.95 monthly fee, waivable with qualifying electronic deposits.
- No fees for money orders or cashier’s checks.
- Access to over 15,000 ATMs and 4,700 branches.
- Designed for students aged 17-24 enrolled in college or vocational programs.
- Earn a $100 bonus by completing 10 qualifying transactions within 60 days.
- No monthly service fee for up to five years while in school.
- Access to over 15,000 ATMs and more than 4,700 branches nationwide.
- Includes Chase Overdraft Assist℠ for added protection.
2. First Foundation Bank
Among its many checking accounts, First Foundation Bank offers a free checking account that requires a $100 minimum deposit. In addition, you can get up to $20 in ATM fees reimbursed each month with First Foundation Bank.
Besides some of the best checking accounts in Nevada, First Foundation Bank also offers wealth management, small business banking, and CDs. First Foundation Bank’s savings account comes with above-average interest rates and doesn’t require a minimum balance.
3. Nevada State Bank
You don’t have to swim Lake Tahoe to find Nevada's best checking and savings accounts. Nevada State Bank offers several accounts to choose from, in addition to CDs and loans.
The basic checking account is free if you have $250 in deposits or make 10 debit card purchases per month. This account requires $50 to open.
You can also open an OnBudget Banking account with the same amount. This account comes with a free debit card, PopMoney access, and online and mobile banking, though it lacks overdraft protection and check-writing.
The OnBudget Banking account has a $5 monthly fee. Nevada State Bank is also part of Zions Bancorporation, N.A., so you can use your debit card for free at Zions Bank locations.
4. One Nevada Credit Union
Among the deserts of Nevada, you’ll find One Nevada Credit Union. You can join and take advantage of any credit union promotions if you live, work, attend school, or worship in Clark, Nye, or Washoe County.
The One Checking Account has a $5 monthly fee you can waive with a $2,000 average daily balance or if you have 15 debit card transactions each month. Membership requires a $5 fee to open an account.
One Nevada Credit Union also offers savings accounts, CDs, and personal loans. You can earn monthly dividends on the savings accounts and access thousands of ATMs through the Allpoint ATM network.
5. Plumas Bank
This local bank serves northern Nevada and offers several types of accounts. The basic checking account has no monthly fee if you make 10 or more transactions with your free debit card and enroll in eStatements.
You’ll need $100 to open this basic checking account, but there’s no minimum balance required. Plumas Bank also offers small business banking services and competitive rates on CDs and savings accounts.
6. Valley Bank of Nevada
Headquartered in northern Las Vegas, Valley Bank of Nevada was established in 2005. Nevada has three Valley Bank of Nevada branches, each offering several financial products and services.
These include two checking accounts and one savings account. Personal Checking requires a $100 minimum opening deposit, while Personal Interest Checking requires $1,000 to open the account.
The traditional savings account, Personal Savings, also requires a $100 minimum opening deposit. Valley Bank of Nevada pays interest monthly with this account.
You can also open a money market account, CD, credit card, or loan with this Nevada-based bank. Valley Bank of Nevada offers up to five monthly ATM reimbursements and business banking services.
7. WaFd Bank
Choose from two checking accounts at WaFd Bank:
- Basic Checking Account: Open this account with a $25 deposit. No monthly fees or minimum balance requirements exist, but you must enroll in eStatements and set up direct deposit.
- Stellar Plus Checking Account: This account requires a $25 opening deposit. You can waive the monthly fee if you have at least $20,000 in your account. If you have between $10,000 and $19,999, you can lower the monthly fee from $8 to $3. Accounts with less than $10,000 require an $8 monthly fee.
WaFd Bank also offers money market accounts, mortgages, and CDs. This regional bank lets you choose between three styles of debit cards, which you can use for free with any MoneyPass ATM.
8. Zions Bank
This regional bank operates in the following states:
- Arizona
- Colorado
- Idaho
- New Mexico
- Utah
- Texas
- Wyoming
- Nevada
You’ll find over 50 Zions Bank branches in Nevada alone. This bank offers checking and savings accounts, CDs, and money market accounts.
To open a Zions Bank checking account, you need a $50 opening deposit. These accounts come with online and mobile banking, including mobile check deposit capabilities.
While Zions Bank savings accounts don’t have a particularly high interest rate, you can earn a better rate on CDs. Zions Bank’s money market accounts require a $1,000 minimum deposit but no minimum balance.
Credit Unions vs. Banks
Nevada is home to many credit unions and banks, but what’s the difference? Here are a few common differences to help you decide between Nevada credit unions and banks:
- Structure: Banks are for-profit, but credit unions are not-for-profit organizations. In a credit union, members gather to loan funds to other members. Banks, however, require a board of directors to make decisions. Investors or shareholders own most banks.
- Membership: Banks typically don’t require membership to open an account. Instead, you only have to meet the minimum requirements. However, credit unions require a bit more from you. You might have to work, live, worship, or attend school in a specific area. Membership can also come from working with a certain employer.
- APYs and APRs: National banks tend to have the highest annual percentage rates (APRs) and the lowest annual percentage yields (APYs) for loans and savings accounts, respectively. However, credit unions and regional or local banks tend to offer better rates to compete with these larger national banks you’re probably familiar with.
- Customer focus: Local banks and credit unions prioritize their customers in ways most national banks can’t manage. You might find basic financial education resources with banks like Chase, Wells Fargo, and Bank of America. However, community banks and credit unions can offer more personalized service and a more comprehensive range of financial literacy resources.
Though we traditionally think about banks when looking for a bank account, don’t cut out your credit union options as well. You may find that joining a local credit union offers more rewards and perks than the best banks in Nevada.
8 Types of Bank Loans You Can Borrow With
Some of the best bank account bonuses include the chance to take out loans with a lower interest rate. Here are eight common bank loans you can borrow from most major banks.
1. Personal
If you want money to afford a vacation, use it as a safety net, or just need to pay off some debt, personal loans can help. These loans are typically unsecured, so you don’t have to provide collateral. Terms vary, and interest rates can be fixed or variable.
2. Mortgage
These loans help you purchase a house. Unlike personal loans, mortgage loans require the home as collateral.
3. Student
College students can often find student loans from local, regional, and national banks. These loans differ from federal student loans, which often have more repayment flexibility.
4. Home Equity
Sometimes confused with home equity lines of credit (HELOCs), home equity loans award you a lump sum you pay back over time. A HELOC acts like a credit card, where you repay what you’ve borrowed on a revolving basis.
5. Auto
Most people obtain an auto loan from a bank they trust to help pay for their purchases. You can often get a lower rate or more agreeable terms from a bank than the dealership.
6. Debt Consolidation
Trading debt for more debt can seem counterintuitive, but debt consolidation loans can help you get a lower interest rate on your balance so you pay less over time.
7. Payday
Short-term loans like payday loans can help you make ends meet between paychecks. However, they typically come with a high annual percentage rate (APR), though you don’t have to do a credit check to be eligible.
8. Credit Builder
If you’ve struggled with your credit and want to put your best foot forward, a credit builder loan can help. These loans report your activity to the credit bureaus to help boost your score.
Most of the best banks in Nevada offer one or more of these loans. Remember them the next time you find yourself in a financial pinch.
FAQs
Nevada State Bank and First Foundation Bank offer free checking accounts. Other Nevada banks offer free checking accounts, but you may need to meet specific requirements to waive the monthly fees.
Some of the best credit unions in Nevada include One Nevada Credit Union, Boulder Dam Credit Union, and Sierra Pacific Federal Credit Union. These credit unions offer membership to most Nevada residents, with low minimum opening deposits.
The best banks in Nevada offer retirement accounts, wealth management, investment accounts, and credit cards. Many also provide loans and small business banking to support entrepreneurs.
As you look through the list of the best banks in Nevada above, keep your eye out for the following features: Opening deposits, Monthly fees, ATM network access, Customer service, Online and mobile banking presence, Security, additional financial services and products. Compare these features between your top choices to see which bank best fits your needs. If you come up with a few, consider opening a few accounts if you can manage them.
Managing Your Gold in the Silver State
We often associate Nevada with losing money rather than managing it, but that’s not the case with the best banks in this state. These banks offer several services and products you can use to achieve your financial goals—and still have some money left over to play with.
We hope our list of the best banks in Nevada gives you the resources you need to improve your financial standings. With loans, investment services, wealth management, and money market accounts, these banks specialize in managing money.
Which of the best banks in Nevada will you choose?
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