About US Bank
US Bank was originally founded in 1891 as the United States National Bank of Portland. It is based in Minneapolis, Minnesota, has branches in 28 states, and is the fifth-largest bank in the country. It has more than 3,000 branches and more than 5,000 ATMs, mostly in the western and midwestern regions of the country.
US Bank Overview
US Bank is one of the largest banks in the country, though it primarily serves the western and midwestern regions of the country. For those people in those regions, its more than 3,000 branches and 5,000 ATMs make it very convenient to access your money. It offers some very competitive rates on CDs, but if you are looking for savings or checking accounts with competitive yields, US Bank may not be a good option for you as their yields are at the low end of the spectrum.
| It offers some mid to short term CDs with competitive yields. | Very low rates offered on savings and checking accounts. |
| 24/7 customer service availability. | Monthly service charges assessed if account minimum aren't met with many types of savings and checking accounts. |
| Large bank branch network. | |
| Large ATM network. | |
| Highly-rated mobile app. |
US Bank Product Offerings
Savings Accounts
A savings account is a deposit account at a bank or credit union that insures your principal up to the FDIC or NCUA limitations and generally pays a modest interest rate. US Bank customers have limited options available. Here is the most current US Bank savings account information for June 2025:
Checking Accounts
US Bank currently offers several personal and business checking accounts that offer features such as ATM rebates, little to no opening balance requirements, monthly service charges, and peer-to-peer services provided by Zelle. Here is the most current US Bank checking account information for June 2025:
Certificates of Deposit (CDs)
A certificate of deposit (CD) is a form of savings account that pays a fixed interest rate on the money in the account for a certain period of time, known as a term. US Bank offers a wide-range of CDs with terms ranging from 1-month to 6-years. US Bank offers competitive yields on some of their CDs that offer CDs with an APY higher than the national average of 2.60%. Here are some of their top CD accounts for June 2025:
Bank Fees
Non-sufficient funds fee: $36 if the overdraft paid by the bank is $5.01 or more or the transaction causes the account to have a negative available balance of $50.01 or more. There is no overdraft fee if the bank pays out $5.00 or less.
Paper Statement fees: $2 per month for paper statements.
Monthly service charge: $4-$10, depending on the type of account. Check with the bank for detailed information.
Overdraft fee: $36 if the overdraft paid by the bank is $5.01 or more or the transaction causes the account to have a negative available balance of $50.01 or more. There is no overdraft fee if the bank pays out $5.00 or less.
Account closure fee: $25 if the account has been open six months or less.
Wire transfer fee: Incoming: International - incoming is $25 and outgoing is $50 for personal accounts. For business accounts, incoming is $15 and outgoing is $70. Domestic - incoming is $25 and outgoing is $30. For business accounts, incoming is $15 and outgoing is $70.
Non-network ATM fee: $2.50
US Bank Features
US Bank provides 24-hour, 7-day-a-week customer service in case there are any questions or concerns for individuals to call in. The bank also has more than 3,000 physical branches in 28 states, along with more than 5,000 ATMs. The bank also offers a highly rated mobile app that is user-friendly and brings all of your accounts to the convenience of your mobile phone.
US Bank FAQs
Our Take
US Bank is a fairly large and reputable bank with a large presence in the West and Midwest. It has some really good CD options with highly competitive rates for those looking to set money aside for one to three years. As with most large banks in the country, their savings and checking yields are not very enticing unless you just want easy access to your money, whether through a physical branch or an ATM nearby. All in all, it is a good bank, but if you're looking for better yields, an online bank or a mid- or small-sized bank might be a better option.
Methodology
Our editorial staff continually updates the information contained on our website. Our editorial staff has analyzed virtually all of the banks and credit unions that it follows, and it does weekly rate analysis for more than 250 prominent banks and credit unions. These institutions were chosen because they provide competitive APYs, low fees, and other factors we find important. These banks and credit unions often provide accounts that are available nationally. All of these banks are FDIC-insured, and all of these credit unions are NCUA-insured. Choosing an FDIC-insured bank or an NCUA-backed credit union assures that your money is protected as long as it stays within insurance limits and requirements.