12 Best Banks in Idaho for 2024

U.S. Bank is currently welcoming new applicants with a special offering:

• Earn up to $400 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities.
• Subject to certain terms and limitations. Offer valid through October 31, 2024. Member FDIC.
• Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.

The account includes a free debit card that can be locked or unlocked if ever misplaced or stolen. There are no ATM transaction fees at U.S. Bank ATMs and no surcharge fees at over 40,000 MoneyPass® Network ATMs.

The checking account requires a $25 opening deposit and a $6.95 monthly fee. This fee can be waived for those 24 and under, 65 and over, or military members (must self-disclose).

Additionally, the fee can be waived with monthly deposits of $1,000+, an average balance of $1,500+, or holding an eligible U.S. Bank credit card. Qualifying for any Smart Rewards® tier (Primary, Plus, Premium, or Pinnacle) also waives the fee.

D.L. Evans Bank provides a wide variety of deposit accounts, from checking and savings to money market accounts and CDs.

The Free Community Checking account stands out for its user-friendly features, such as no monthly fees and no minimum balance requirement. The bank also ensures ease of use through integrated online and mobile platforms, along with quick transactions via Zelle.

In addition to these benefits, account holders have the advantage of a widespread ATM network, which includes both D.L. Evans and 40,000 MoneyPass ATMs nationwide.

Those who require further assistance can opt for video chat consultations with customer service representatives. Moreover, D.L. Evans Bank is competitive in the loan market, presenting attractive rates to suit a range of financial needs.

One of SoFi’s standout features is its early direct deposit option, which can get your paycheck into your account up to two days ahead of schedule.

This is in addition to other perks like robust FDIC insurance coverage up to $2M. If that wasn’t enough, SoFi also offers no-fee overdraft coverage up to $50 for those with qualifying direct deposits.

New customers have the opportunity to earn a bonus ranging from $50 to $300 depending on the amount of their direct deposit.

With access to over 55,000 Allpoint® ATM locations, it’s easy to see why SoFi is quickly becoming a go-to option for financially savvy individuals.

Chase Bank’s range of financial products is designed to meet diverse needs. The checking account, in particular, comes with several perks. Customers can avoid fees by either maintaining a $1,500 balance or receiving monthly direct deposits of at least $500.

The bank also provides a $200 bonus for new checking accounts that meet certain qualifications. Additionally, Chase expands its range of services to include savings accounts, CDs, and an extensive wealth management portfolio backed by JPMorgan expertise.

Families will appreciate the special bank accounts designed for children ages 6-17. Furthermore, the bank has over 16,000 ATM locations nationwide.

The bank has a diverse financial portfolio, including a savings account, CD, auto and personal loans, and even specialized military checking accounts.

While Zions Bank excels in digital services—offering an easy-to-use mobile app for tasks like mobile check deposits, bill payments, and money management—its geographical footprint is worth noting.

The bank has 200 ATMs, primarily serving Utah, Idaho, and Wyoming. If you find yourself in these regions, you’ll enjoy free ATM access at these locations. However, if you use a third-party ATM, you’ll pay a $2.50 fee per transaction.

The bank has locations in Idaho, Washington, and Oregon. It has a range of account options to suit different needs, including checking and savings accounts, CDs, and money market accounts. Each kind of account has its own special features, so people can choose the one that works best for them.

Washington Trust Bank makes banking easy and affordable with their checking accounts. Account holders don’t have to worry about monthly maintenance fees or overdraft fees. Plus, opening an account is simple and can be done with just a $25 deposit.

One of its standout features is its free checking account, which boasts an enticing 4.07% APY, a rate that’s hard to match in the current banking landscape. There’s a $100 minimum opening deposit, but no minimum balance requirements.

While its savings account rates may not eclipse the checking, it’s still worth a look, especially for those who prioritize keeping substantial funds in checking.

Besides its financial offerings, the bank is known for its personalized service, understanding the unique needs and aspirations of its Idaho clientele.

A major perk of ICCU is its free checking accounts, although you can secure a higher interest rate if you opt for their savings accounts instead.

As a member, you’ll have nationwide ATM access and an array of mobile banking features, such as the ability to transfer money, pay bills, set up alerts, and more.

Opening a checking account with ICCU is pretty straightforward. There are no monthly fees to contend with and no requirement to maintain a minimum daily balance. Getting started involves a $5 membership fee, and a minimum deposit of $100 to open your account.

Northern and Southern Idaho residents who prefer traditional banks will like that they have numerous branch locations.

The most affordable checking account is Everyday Checking, which comes with a $10 monthly service fee that can be waived by keeping a $500 balance or having $500 in at least one qualifying deposit each month.

Wells Fargo also offers savings accounts, CDs, credit cards, personal loans, mortgages, and much more.

What makes it attractive to many customers is its free checking account offer. If you opt for e-statements, you won’t be charged any monthly fees, or be required to maintain a minimum balance. Opening an account is straightforward, with only a $100 initial deposit required.

In addition, Farmers Bank offers a mobile banking app that allows you to handle bill payments and receive alerts, enhancing your banking experience without complicating it.

While it offers considerable advantages, it’s worth noting that the Bank of Idaho maintains a limited number of physical branches.

They’ve chosen strategic locations for these full-service branches in areas including Pocatello, Idaho Falls, St. Anthony, Ashton, and Island Park, ensuring accessibility in key regions.

When it comes to checking accounts, those who choose e-statements can enjoy a waiver on the monthly service fee.

Additionally, the bank does not require a minimum daily balance, which can make daily banking stress-free. Setting up the bank account is a straightforward process with just a $100 initial deposit.

They have checking accounts with no monthly fees, no minimum deposit, and no minimum balance requirements. Plus, their easy-to-use mobile banking app lets you check your balance and move money around without any hassle.

Besides checking accounts, they also have various other services including savings and money market accounts, CDs, personal loans, credit cards, and retirement accounts to help you manage your finances and plan for the future.