15 Best Banks in Georgia for 2024


Georgia offers an affordable cost of living, top-notch schools and universities, and ample attractions, like the World of Coca-Cola, Forsyth Park, and Atlanta Botanical Garden. It’s also home to a diverse selection of reputable, member FDIC banks for individuals and small business owners.

No matter what your financial needs may be, you’re sure to find a good fit in the Peach State.

Welcome to Georgia

15 Best Banks in Georgia

We’ve made finding the best banks in Georgia effortless with our comprehensive list, so let’s dive straight into the options.

1. First Citizens Bank

A part of the First Citizens BancShares family, First Citizens Bank emerges as one of the best banks in Georgia with a well-established presence, boasting 56 branches across the state.

Customers can open a checking account with a minimum deposit of just $50 and avoid monthly maintenance fees by opting for paperless statements.

The bank’s standard savings account is a standout offering, permitting customers to accrue interest without the imposition of a monthly service fee or the need to maintain a specific minimum balance.

Furthermore, First Citizens Bank expands its portfolio with a diverse range of additional banking solutions encompassing credit cards, loans, retirement planning, investment services, and insurance options.

Whether preferring to bank locally at a physical branch or leveraging the convenience of online access and a multifunctional mobile app, customers find managing their accounts to be a straightforward process.

2. SoFi

SoFi is a popular choice for Georgia residents looking for an online-only bank. It offers great benefits with its Checking & Savings account.

You can earn a solid interest rate of 4.60% APY with the high-yield savings account, and even the checking account gives you a 0.50% APY. Plus, you don’t have to worry about monthly fees.

One of the features that customers really like is that you can get your paycheck up to two days early with their early direct deposit service.

SoFi makes sure your money is safe by providing FDIC insurance covering up to $2 million. And if you ever find yourself a little short, they offer overdraft protection of up to $50 if you have direct deposits that qualify.

To welcome new customers, SoFi offers a bonus that ranges from $50 to $300, depending on how much you deposit initially. Another benefit is that you can use any of the 55,000 Allpoint® ATMs around the world.

3. Axos Bank

A leading digital solution for Georgians, Axos Bank offers a wealth of checking account options. These include Essential Checking and Rewards Checking, where customers have the opportunity to earn cash rewards or accumulate interest, with no monthly maintenance fees.

For those focused on growing their savings, the bank presents high-yield savings and money market accounts, alongside promising certificate of deposit (CD) opportunities.

Investment-minded individuals can make use of Axos Invest, the bank’s complimentary robo-advisor service, to make informed investment decisions.

With 24/7 customer support, Axos Bank ensures a hassle-free banking experience, marking it as a strong contender in the lineup of the best banks in Georgia.

4. Renasant Bank

Renasant Bank is based in Mississippi and has many branches in Georgia. It’s one of the top banks that don’t use ChexSystems when you apply for an account.

This bank has several free checking accounts to choose from. Each one comes with helpful features like being able to pay bills online, use mobile banking, and easily switch from your current account to a new one without the hassle.

You have a good selection of savings accounts at Renasant Bank too. They offer an account that earns interest, a special account for kids to start saving, and a health savings account. There are also money market accounts available.

If you are thinking of taking out a loan, Renasant has got you covered with different loan options such as personal and auto loans, and home equity lines of credit.

One standout feature is the Renasant Rewards Extra program. It provides you with access to thousands of deals, cell phone insurance, identity theft protection, roadside assistance, and a health savings card.

5. Ally Bank

Ally Bank is a digital bank with a reputation for industry leading interest rates and no monthly fees. While it doesn’t have a physical presence in Georgia, you can open and manage your accounts through Ally’s intuitive online and mobile banking tools.

The Ally Interest Checking account online is a solid pick if you’d like to earn interest and don’t want to worry about a monthly fee, minimum opening deposits, or minimum balance requirements.

You can use the online portal or mobile app to pay bills online, deposit checks, and transfer funds. If you need to withdraw cash, you’ll be able to do so at over 43,000 Allpoint ATMs for free.

Ally will also reimburse you if you make any out-of-network ATM reimbursements. In addition to the Ally interest bearing checking account, you might want to open the Ally Online Savings account, which comes with an impressive interest rate and savings bucket tools to help you meet your financial goals.

6. CIT Bank

CIT Bank is an online bank serving customers in all states, including Georgia. You can earn a competitive annual percentage yield or APY on various accounts without any monthly service fees.

The CIT checking account requires a $100 minimum deposit but comes with interest and a free debit card. There’s also the Savings Builder account, which is a two-tiered savings account that requires a $25,000 balance or at least one monthly deposit of $100 or more.

Other options include the CIT Bank money market account, CDs, and business accounts. You can download the CIT Bank app on your Android or IOS device to make mobile check deposits and transfer money with Zelle.

7. United Community Bank

Based in Blairsville, United Community Bank is a regional bank with branch locations throughout Georgia, Alabama, Florida, Tennessee, South Carolina, and North Carolina. It’s insured by the Federal Deposit Insurance Corporation or FDIC and has been around since 1950.

The United Checking comes with a minimum opening deposit of $50 and an $8 monthly service fee, but it can be waived if you enroll in eStatements or monthly direct deposits. With this account, you get access to more than 206 United ATMs and 1,260 Publix Presto! ATMs for free.

The bank also offers savings accounts, credit cards, mortgages, and investment products. Whether banking remotely through the intuitive mobile app or scheduling in-person consultations, customers are well taken care of.

Additionally, a supportive online help desk awaits to address any queries, emphasizing United Community Bank’s commitment to customer service, a vital attribute that marks it as one of the best banks in Georgia.

8. Ameris Bank

Ameris Bank is a regional full-service bank with branches in cities like Atlanta, Tucker, Woodstock, Marietta, and Oakwood.

It offers a free checking account that requires a $100 minimum opening deposit, and two others. The checking accounts come with features such as a free Visa debit card, online banking access, e-statements, online bill pay, mobile banking, and Zelle transfers.

Ameris Bank also offers a plethora of savings accounts, including a personal savings account, money market account, minor savings account, health savings account, educational savings account, IRA, and CDs.

You can also turn to Ameris Bank for numerous mortgage options and down payment assistance. The bank provides personalized business banking solutions as well.

9. Bank of America

Bank of America is a well-known leader in the banking industry. It has over 70 branches in various Georgia cities. From checking accounts, savings accounts, and credit cards to auto and home loans, and investing products, Bank of America offers it all.

The bank is also a great resource if you’re a small business owner. Its Business Advantage Banking product is a business checking account with two settings to meet varying business demands.

While the Fundamentals setting has all the basic tools you need to manage your business, the Relationship setting is more robust and won’t charge you fees for wire transfers and electronic deposits.

10. Community Bank of Georgia

Based in Baxley, Community Bank of Georgia is a locally owned and operated bank with 24/7 ATM access. It aims to develop long-term relationships with account holders while offering a full suite of products and services.

The bank’s savings accounts include the regular savings account, Treasuresaver Club account for children ages zero to 13 and a holiday savings account for holiday expenses.

Community Bank of Georgia also offers checking accounts and credit cards. The bank serves local business owners as well.

11. Chase Bank

The consumer banking arm of JPMorgan Chase, Chase is the largest national bank in the U.S. with a widespread presence in Atlanta. If you decide to open a deposit account at Chase with eligible Chase checking accounts, there’s a good chance you’ll qualify for a generous sign-up bonus.

You’ll also have access to a wide selection of products, including numerous checking accounts, two savings accounts, CDs with terms ranging from one month to 10 years, mortgages, and more. We can’t forget to mention that Chase offers Chase overdraft assist to help you avoid overdraft fees and inconveniences.

Thanks to Chase’s highly rated mobile banking app, you’ll be able to manage your account, make electronic transfers, deposit mobile checks, pill bays online, transfer money with Zelle, automate your savings, and set up account alerts. If you need assistance, you may reach out to Chase directly via phone or social media.

12. Morris Bank

Many residents believe Morris Bank is the best local bank. It has branches in Georgia cities like Dublin, Gray, and Warner Robins. Regardless of which checking account you choose, you’ll enjoy access to free online banking, remote deposit services, online bill pay, and mobile banking.

When it comes to savings accounts, Morris offers the Savings Builder account, which will round up your purchases so you can save more money. In addition, the Blue Savings account allows for three free withdrawals per quarter.

Morris Bank also serves small business owners through its checking and savings accounts, business loans, treasury services, and merchant services. Even though it’s smaller than other banks on this list, Morris is technologically savvy and allows for online and mobile banking.

13. Fifth Third Bank

Fifth Third Bank operates around 30 branches in Georgia, spanning cities like Alpharetta, Atlanta, Augusta, Marietta, and Lawrenceville.

Customers can take advantage of a host of services through the bank’s app, including transferring money, checking balances, and monitoring direct deposit transactions.

Momentum Checking is a free checking account with no monthly maintenance fee, minimum opening deposit, and no minimum balance stipulations.

It offers expansive ATM access with over 40,000 fee-free partner ATMs nationwide and the Extra Time® feature that gives you a buffer to avoid overdraft fees.

Besides serving individuals and small businesses, the bank furnishes personalized wealth management solutions encompassing services from private banking to investment products.

14. Truist Bank

Truist has physical locations in Georgia cities like Atlanta, Brunswick, Cartersville, and Pooler. Formerly known as BB&T, it offers a variety of personal and business banking products. You can select from five checking accounts and two savings accounts.

In addition to deposit accounts, Truist provides HSAs, prepaid cards, prepaid money account products, mortgages and home equity lines, personal loans, investment products, retirement accounts, and insurance.

Truist Mobile is the bank’s mobile app, which you may use to manage your account, deposit mobile checks, transfer money, and locate branches. 

15. Wells Fargo

Wells Fargo is a large national bank with more than 200 branches and over 600 ATMs in the Peach State. Just like most traditional banks, it offers a wide variety of options to its customers.

These options include savings and checking accounts, credit cards, home, auto, and personal loans, and investment accounts.

The bank also offers a mobile app with LifeSync, a tool to monitor your spending habits and make smarter financial decisions.

Additionally, Wells Fargo, which is considered the best national bank by many people, lets you automate your investing or work with a dedicated financial advisor.

Types of Georgia Banks

In Georgia, various types of banks cater to the diverse financial needs of its residents. Here, we unpack the distinct features of each to guide you in finding the right fit.

National Banks

National banks have branches and ATMs scattered across the country. These banks typically offer a comprehensive range of products and services, making them a viable choice for individuals and businesses with various financial objectives.

Community Banks

Community banks operate in specific geographical areas, emphasizing personalized customer service to meet the specific requirements of the local populace. In Georgia, you have several commendable community banks to choose from, such as Ameris Bank, Morris Bank, Mountain Valley Community Bank, and Gwinnett Community Bank.

Regional Banks

Regional banks offer a wide array of services, combined with a touch of personalization, fostering strong connections with the communities. Some examples of regional banks in Georgia include Fifth Third Bank, PNC Bank, Regions Bank, and United Community Bank.

Credit Unions

Credit unions stand as non-profit entities, operated and owned by their members, generally offering lower fees and better interest rates on savings and loans. Credit unions prioritize the financial well-being of their members, presenting a community-focused approach to banking.

Some of the top credit unions in Georgia include Delta Community Credit Union, Georgia’s Own Credit Union, Robins Financial Credit Union, and Navy Federal Credit Union.

Online Banks

Online-only banks and neobanks let you bank online and on your phone. Despite lacking physical locations, they provide several advantages, such as lower fees and competitive APYs.

Some of the best online banks for Georgia residents include SoFi, Chime, Ally Bank, CIT Bank, and Axos Bank. Each offers a hassle-free and modern banking experience with potential financial perks.

How to Choose the Best Bank in Georgia

Finding the best banks in Georgia involves sifting through a variety of options, each presenting unique attributes to cater to your specific needs. To help you choose the right bank, we encourage you to consider these factors:

  • Accessibility: Most traditional banks and credit unions have local branches throughout the state, which is great if you prefer in-person banking. However, you’ll likely be able to lock in better interest rates and lower fees if you opt for an online-only bank with less overhead costs. Fortunately, most financial institutions nowadays have mobile apps so you can bank from just about anywhere.
  • Fees: Some examples of common banking fees you might come across include monthly maintenance fees, ATM fees, overdraft fees, wire transfer fees, account closing fees, and dormancy fees.
  • Minimum balance requirements: Depending on the bank and accounts you choose, you might have to maintain a minimum balance. If you don’t, you’ll likely have to pay fees. Before you pursue a certain account, make sure you can afford it comfortably.
  • Product options: Before choosing a bank in Georgia, identify the products and services you require. Consider your need for checking or savings accounts, online banking, credit cards, and other options. Explore banks that offer perks like cashback or rewards programs. Match the offerings with your personal or business needs to find the most suitable option.
  • Customer service: There’s a good chance you’ll have questions or concerns once you decide on a bank. For this reason, it’s important to choose a financial institution with high customer service ratings and easy access to customer support. While some banks provide 24/7 customer service via phone, email, and live chat, others will only help you during select business hours.
  • Reviews: Be sure to read reviews from real customers on reputable review sites. If you notice many negative reviews about the same topics, you may want to be cautious and look to other banking institutions. It’s also a good idea to check out ratings on websites, like Better Business Bureau (BBB) and Consumer Affairs. In addition, don’t be afraid to ask family and friends for their recommendations.
  • FDIC insurance: FDIC insurance will keep your money safe in the event your bank fails. The FDIC usually insures up to $250,000 per depositor. In addition to deposit accounts, it covers money orders, cashier’s checks, and other official products. Before you open an account at a bank, make sure it’s FDIC insured. Most banks have the FDIC insurance logo on their websites. In contrast, NCUA (National Credit Union Administration) insurance covers credit unions up to $250,000.
  • Extras: Some financial institutions go above and beyond to offer more than traditional banking products like checking and savings accounts. You may want to look for extra perks like overdraft protection or assist credit monitoring services, introductory offers, foreign currency exchange accounts, robo advising, and credit cards with impressive rewards.

Bottom Line

Georgia has no shortage of banking options. However, the right one for you depends on numerous factors, like your preferred products and services, the types of fees you can afford and are willing to pay, and whether you’d like to bank online or in-person.

If you’re unsure of which bank makes the most sense for your situation, don’t hesitate to open accounts in a few of them. From there, you can hone in on the best option. Good luck with your search for the ideal bank in Georgia.

Frequently Asked Questions

What are the largest banks in Georgia?

The largest banks in Georgia have the most branches throughout the state. These include Truist Bank (223), Wells Fargo (202), and Bank of America (104). All of these financial institutions are known for their extensive ATM networks and diverse product lineup.

How do I open a bank account in Georgia?

In most cases, you can open a bank account on the bank’s website or mobile app. You’ll likely need to submit a government-issued ID, like a driver’s license or passport, as well as personal information, such as your Social Security number.

Should I open an account at different Georgia banks?

If you have large amounts of cash, you might want to open accounts at different banks. This is because the FDIC usually insures up to $250,000 per depositor and bank. This holds true even if you have several accounts with the same bank. You may also want to open different accounts if you want to take advantage of different benefits.

How can I easily switch bank accounts in Georgia?

First, gather basic information like your Social Security number or Tax Identification Number. Then, start the application process, fund your new accounts, and transfer funds from older accounts. Don’t forget to set up direct deposits and automate recurring payments. Some banks provide switch kits to simplify this process.

Anna Baluch
Meet the author

Anna Baluch is a freelance personal finance writer from Cleveland, OH. She enjoys helping people make smart financial decisions.