Did you know that most people stay with their current bank or credit union for an average of 14 years? Managing money is often hard enough for most people without worrying about changing bank accounts every few years.
However, changing your bank account can help you take advantage of more opportunities and bonuses. If you live in New Hampshire, you’ve come to the right place to find a new bank account.
Your financial status isn’t set in stone. With the right bank account and financial resources, you can reach new heights like the White Mountains of New Hampshire.
The best banks in New Hampshire in our list below offer several perks, some of which you can access daily. Others offer one-time bonuses that can help you increase your savings balance.
Whether or not you choose a new bank to work with, there are a lot of great banks in New Hampshire. You’ll also find a few credit unions on our list.
Are you ready to learn more about the best banks in New Hampshire? Let’s get started!
Best Banks in New Hampshire
Based on our research, these are the best banks in New Hampshire for 2023.
Best Checking Accounts in New Hampshire
When searching for the best checking account in New Hampshire, 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 New Hampshire.
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 New Hampshire
The best savings accounts in New Hampshire 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 New Hampshire
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 New Hampshire, 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
Several of the best banks in New Hampshire offer bank account bonuses for new members. Check out our list below to see which banks fit your lifestyle.
1. Bank of America
Bank of America, often nicknamed “BofA,” has branches in all 50 states, including New Hampshire. There are over 20 locations within the state.
This national bank is a member-FDIC, which means your funds are protected up to $250,000. Bank of America offers three checking accounts, each of which comes with a monthly fee you can waive if you meet certain criteria.
You can also find savings accounts and the rest of the full suite of services under the Bank of America umbrella. While the savings APY could be higher, it’s still easy and convenient to bank and save with one financial institution.
BofA also offers bonuses and promotions throughout the year for new members. It also connects members to a vast ATM network you can access from almost anywhere in the continental U.S.
2. Bank of New Hampshire
Bank of New Hampshire offers various financial products and services, including checking and savings accounts. Your funds are also protected by FDIC insurance up to $250,000.
Bank of New Hampshire has over 20 offices across the state. This New Hampshire-based bank provides personal banking services, including money market accounts and CDs.
Most accounts have a $50 minimum opening deposit requirement, although some may require a higher minimum deposit of $1,000. Customers can also benefit from travel programs associated with certain accounts, offering perks such as discounted overnight stays and seminars.
Bank of New Hampshire emphasizes a more traditional banking approach, prioritizing personalized customer service. They offer a range of loans, mortgages, and wealth management services.
Bank of New Hampshire actively engages with the local area. This bank offers fraud monitoring and commercial banking services to help individuals and business owners.
3. Bellwether Community Credit Union
Bellwether Community Credit Union owns several locations in Bedford, Manchester, and Nashua. As a Co-Op Shared Branch Network member, customers can access services across New Hampshire at over 15 credit union locations.
The credit union offers three distinct checking account options: Silver, Gold, and Platinum. Each account comes with mobile and online banking, free online bill pay, free remote deposit, free debit card, and unlimited check writing.
You can find several credit union promotions at Bellwether Community Credit Union. Customers can enjoy the convenience of managing their accounts online with online bill pay and through mobile banking.
You can also take advantage of free remote deposits. Each checking account comes with a free debit card.
4. Digital Federal Credit Union
This New Hampshire-based credit union is a versatile financial institution that caters to personal and business banking needs. Digital Federal Credit Union (DFCU) offers various services, including commercial and personal loans.
Membership with DFCU is open to individuals who live, work, attend school, or worship in New Hampshire. Select businesses and their employees are also eligible to join.
DFCU provides a diverse selection of accounts, including checking, savings, CDs, retirement accounts, and specialty accounts. Whether it's purchasing a home, financing education, or handling unexpected expenses, DFCU has an answer.
With locations in all 50 states, DCU offers widespread accessibility to its members. The bank also offers online and mobile banking services.
Open a free DFCU checking account with no minimum deposit requirements, and you can earn interest on balances up to $30,000. This credit union also provides CDs that require a $500 minimum deposit and financial planning advice.
5. Enterprise Bank
Enterprise Bank is locally-owned and caters to individuals, businesses, and non-profit organizations. You can find branches in:
- Derry
- Hudson
- Londonderry
- Pelham
- Salem
- Windham
- Nashua
This bank offers a comprehensive range of personal and business banking solutions. Choose from four checking accounts, including:
- Rewards Checking
- Interest Checking
- Student Checking
- Military Checking
Enterprise Bank also provides business credit cards, cash management tools, and online banking capabilities. This bank also offers money market accounts and wealth management.
6. Members First Credit Union
Members First Credit Union offers a range of exceptional checking account options, including Kasasa Cash, Kasasa Cash Back, and Everyday Checking. These accounts are all free and have no minimum balance requirement, making them among the best checking accounts available.
The credit union prioritizes convenience by providing online, mobile, and text banking services. Additional features include bill pay, eStatements, a debit card, and convenient phone banking services.
Members First Credit Union goes the extra mile by offering early access to funds. Members can receive their direct deposits two days in advance through their First Pay service.
7. Northern Lights Credit Union
Northern Lights Credit Union offers membership to individuals who live, work, worship, or attend school in Cheshire City or Sullivan County. Immediate family members of current members are also eligible to join.
You’ll find Northern Lights Credit Union locations in Littleton, New Hampshire, and St. Johnsbury in Vermont. The credit union provides a selection of five checking account options, including:
- Free-Checking
- Basic Checking
- Premier Checking
- You Earned It Checking
- Business Checking
Their Free-Checking account stands out as it doesn't require a minimum deposit, monthly fee, or minimum balance requirements. Northern Lights Credit Union also offers free online and mobile banking services, eStatements, a debit card, and the option for direct deposit.
Furthermore, Northern Lights Credit Union is known for having one of the best banking apps. Their user-friendly and feature-rich app enhances the banking experience.
8. People’s United Bank
People's United Bank is a community-based regional bank that offers a comprehensive range of services. These include commercial and retail banking as well as wealth management services.
With 26 branches spread across New Hampshire, People's United Bank provides convenient access to their services. You can find People's United Bank branches in:
- Connecticut
- New York
- Massachusetts
- Vermont
- Maine
A standout feature offered by People's United Bank is their AlwaysChecking service. This service allows customers to monitor their digital, credit, and social information from one secure dashboard.
With real-time alerts and a digital identity protection service, customers can feel confident safeguarding their personal information. The AlwaysChecking service is provided free of charge with any personal checking account.
9. TD Bank
You can easily bank online or through the mobile app with TD Bank. This national bank has been recognized as one of the most convenient banks in the U.S. and serves New Hampshire residents in over 40 cities.
If you’re traveling through the United States, you can also find TD Bank physical branches and ATMs in 16 states. You’ll find personalized service at all 1,300 locations, no matter where you’re from.
TD Bank operates 56 branches in New Hampshire. It offers a full suite of banking products and services, including checking, savings, and money market accounts.
While most accounts come with a monthly fee of up to $25, you can easily waive those fees if you meet certain criteria. You can also transfer money with Zelle and pay your bills online.
One thing to keep in mind with TD Bank is that it does charge a high overdraft fee of $35. The bank’s terms and conditions state it can charge you this overdraft fee up to five times per day, so think twice before you spend more than what’s in your account.
Common Banking Terms Explained
The best national banks and the banks in New Hampshire work from a similar playbook. As you read through the best banks listed above, you probably came across several of the following terms:
- Account balance: The total amount of money in a bank account, including deposits and withdrawals.
- Interest: The fee a financial institution charges for borrowing money or the amount earned on deposits.
- ATM: An Automated Teller Machine (ATM) allows you to perform basic banking transactions, such as cash withdrawals and deposits, without visiting a bank branch.
- Overdraft: This occurs when you withdraw more money from your account than is available, resulting in a negative balance. Overdrafts may incur fees and interest charges.
- APR: The Annual Percentage Rate represents the yearly cost of borrowing money, including interest and fees, expressed as a percentage.
- Credit score: Based on your credit history, your credit score determines what loans and interest rates you qualify for.
- Collateral: An asset, such as a house or car, pledged as security for a loan. If the borrower defaults, the lender can seize the collateral to recover the loan amount.
- Direct deposit: The electronic transfer of funds directly into a bank account, such as a paycheck or government benefits.
- Mortgage: A loan provided to finance the purchase of a property, typically with a fixed or adjustable interest rate and a predetermined repayment period.
- Wire transfer: An electronic transfer of funds from one bank account to another.
It’s good to know these terms before you open a bank account. Knowing which terms and features you want to prioritize can help you find the best match.
FAQs
Some of the best credit unions in New Hampshire include Bellwether Community Credit Union, Service Credit Union, Granite State Credit Union, and Digital Federal Credit Union. This state hosts many other, smaller credit unions that offer a similar caliber of service.
There are over 20 banks located in New Hampshire. Our list includes seven of the best banks in the state.
When looking at checking accounts, you should consider the account fees, minimum balance requirements, and any required opening deposits. Check to see if the bank offers interest on your balance and what other perks you can get for opening a checking account.
Most of the best banks in New Hampshire are FDIC-insured to protect your account balance of up to $250,000. Credit unions offer similar protection through the NCUA for $250,000 as well.
Expand Your Finances with the Best Banks in the Granite State
New Hampshire is home to many majestic sights, from the White Mountains to the vast wilderness that makes it so beautiful. It can be hard to think about banking in this wondrous state, especially with so many things to do and see.
If you’re looking for a new bank account to open and take advantage of, we hope this article helps. There are many worthy banks in the state of New Hampshire, several of which we’ve included on our list.
With the best banks in New Hampshire, you can put your financial fears to rest. These banks offer superior financial products, services, and education to put you back on track.
Which of the best banks in New Hampshire suits your fancy?
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