15 Best Banks in Missouri for 2024

From the Kansas City Chiefs to St. Louis’s Gateway Arch, Missouri has plenty to offer both residents and visitors. As a result, there are plenty of banks in Missouri. In fact, it can be tough to narrow down the options.

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15 Best Banks in Missouri

From online banking apps to small community banks and large financial institutions, Missouri has a little of everything. Here are some of the best banks in Missouri to kick off your search.

1. U.S. Bank

With a strong presence throughout the Show-Me State, U.S. Bank continues to provide Missourians with a wide array of financial services backed by its national reputation and extensive branch network.

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

  • Earn up to $700 when you open a new U.S. Bank Smartly® Checking account and a Standard Savings account, and complete qualifying activities.
  • Subject to certain terms and limitations. Offer valid through June 27, 2024. Member FDIC.
  • Offer may not be available if you live outside of the U.S. Bank footprint or are not an existing client of U.S. Bank or State Farm.

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.

2. First Midwest Bank

First Midwest Bank, originally from Poplar Bluff, operates branches across Missouri in locations such as Columbia, Greenville, Piedmont, Puxico, Van Buren, and Williamsville.

Among the highlights of First Midwest is their Dime-a-Time program, which offers $0.10 cash back each time you use your First Midwest debit card.

Opening a checking account requires a minimum deposit of $50, but it includes perks such as a free debit card, online banking, and bill pay. This makes managing your finances convenient and straightforward.

Recently, First Midwest has expanded its services and geographic reach by merging with Old National Bank, now also serving customers in Indiana, Illinois, and Kentucky. This merger has enhanced their offerings, providing more comprehensive financial solutions to a broader customer base.

It’s worth noting that the rates for most interest-bearing accounts are not publicly disclosed, which will require direct inquiry for potential savers.

3. Upgrade

Upgrade offers a compelling banking solution for Missouri residents with the option to open both a Rewards Checking Plus account and a Performance Savings account, enabling customers to earn up to 5.21% APY on their savings.

Setting up an account with Upgrade is straightforward, quick, and free, with no hidden costs. The checking account, in particular, provides significant advantages, including no monthly fees, no overdraft fees, and no transfer fees.

Additionally, the checking account offers the convenience of getting paid up to 2 days early with direct deposit.

Upgrade’s mobile app, available for both iOS and Android, simplifies financial management, allowing you to easily handle your finances from anywhere in Missouri.

4. Commerce Bank

Kansas City residents looking for a reliable community bank may find Commerce Bank to be an excellent choice.

With branches spread throughout Missouri and in 10 additional states, Commerce Bank provides a broad spectrum of financial products, including a diverse array of checking and savings accounts, loans, and CD options.

One of the standout features of Commerce Bank is its commitment to personalized customer service. In addition to traditional in-person support at its branches, Commerce Bank offers an innovative service called Commerce Bank CONNECT.

This platform allows customers to receive 24/7 chat support, enabling them to choose their banker and consistently connect with the same representative for a more personalized banking experience.

5. Regions Bank

Regions Bank has an extensive network of locations in several Midwest and Southeast states, including Missouri.

It’s a practical choice for travelers and residents in these regions. It serves a broad customer base with various banking solutions tailored to meet diverse needs.

Regions Bank stands out not only for its conventional banking services but also offers specialized wealth management services and dedicated support for small business owners.

Additionally, Regions provides modern convenience with its DepositSmart ATMs, which allow customers to deposit funds anytime without the need to visit a branch.

The bank’s mobile and online banking platforms are designed to provide users with a secure and efficient way to manage their accounts, pay bills, and transfer money, all from the comfort of their home or on the go.

6. Central Bank

Central Bank operates over 130 branches across Missouri, Kansas, Illinois, and Oklahoma, offering a wide range of banking services.

Among its offerings are multiple checking account options, including a popular fee-free account that encompasses all essential banking features.

Customers enjoy free transactions at any Central Bank ATM, as well as access to more than 37,000 ATMs nationwide. This extensive ATM network ensures easy access to funds across a broad geographic area.

For business clients, Central Bank provides several business checking accounts and various business loan products. These services are tailored to help businesses manage their finances efficiently and grow sustainably.

7. Bank of America

Bank of America, one of the largest national banks, provides extensive benefits, including easy access to banking services while traveling and a broad array of features.

This bank delivers a wide range of banking products and wealth management services to meet diverse customer needs.

Business customers can earn a $200 bonus by opening a new account and depositing $5,000 within the first 30 days. Individual customers can also take advantage of a $200 rewards bonus on new credit cards.

With 3,900 branches and 15,000 ATMs nationwide, Bank of America ensures convenient access to financial services across the country.

Additionally, the bank offers an extensive selection of personal and business credit cards, tailored to different spending habits and business requirements.

8. Great Southern Bank

Great Southern, based in Springfield, has branches across Missouri, Arkansas, Iowa, Kansas, Minnesota, and Nebraska.

The bank provides multiple checking account options, including a free basic account suitable for everyday banking needs.

Great Southern requires a minimum deposit for its checking accounts, but three options only need a $25 minimum deposit to start.

This set includes a second chance checking account that helps individuals who have had difficulties with banking in the past due to their financial history.

Customers of Great Southern have access to Allpoint ATMs nationwide for convenient cash withdrawals at no extra charge.

The bank also offers competitive rates on personal loans, which can be attractive for financing significant purchases or consolidating debts.

9. Belgrade State Bank

Belgrade State Bank is a local bank that offers a diverse array of financial services to cater to different needs. They offer personal checking and savings accounts, with the Premium Checking Account being a notable option.

It accrues 0.05% APY on balances up to $2,499.99 and 0.20% APY on balances of $2,500 and above, albeit with a mandatory minimum balance of $1,000.

For business owners, the bank offers a selection of business checking accounts. A standout choice is the free account that permits up to 1,000 transactions each month at no cost, followed by a nominal charge of $0.25 for every additional transaction.

Additionally, the bank provides investment opportunities through certificates of deposit (CDs) with rates reaching as high as 4.17% APY, paving the way for potentially rewarding investments.

10. PNC

PNC Bank is one of the largest national banks in the U.S. and maintains a significant presence in Missouri with 26 branches.

It operates across 29 states, providing customers with easy and free access to over 60,000 ATMs nationwide, making it an ideal choice for frequent travelers or those needing widespread banking access.

To avoid monthly fees on its standard checking accounts, PNC requires just $500 in direct deposits each month. If this requirement isn’t met, a modest $7 monthly fee applies.

PNC also excels in digital banking, offering advanced mobile banking features that allow customers to manage their accounts, pay bills, and deposit checks remotely with ease.

The bank’s mobile app is user-friendly and designed to provide a seamless banking experience that meets the needs of today’s digital consumer.

Additionally, PNC is known for its innovative financial products and services, such as the Virtual Wallet, which combines spending and savings accounts with innovative budgeting tools to help customers manage their finances more effectively.

They also offer a range of loan products, investment services, and wealth management solutions, catering to the diverse needs of their customer base.

11. Mid-Missouri Bank

Mid-Missouri Bank stands out as a top choice for both small business owners and consumers, featuring 14 branches across Missouri and a network of ATMs within the coverage area.

This bank offers two types of checking accounts: one that earns an annual percentage yield (APY) on your balance and another that provides cash back on debit card purchases, catering to different financial needs and preferences.

Customers benefit from Mid-Missouri’s competitive rates on personal loans, which include options for auto, home, and home equity lines of credit, making it easier to finance big-ticket items or projects.

The checking accounts at Mid-Missouri Bank are especially appealing. The basic account allows customers to choose between earning cash back or an APY on their balance, adding a flexible benefit based on their usage preferences.

Additionally, the bank offers a perk of refunding up to $25 in ATM fees each month, which can significantly reduce the cost of accessing cash across various locations.

12. Bank of Missouri

Bank of Missouri is recognized as one of the top banks in the state, particularly for the attractive perks that come with its checking accounts.

Customers can choose from three types of accounts: one offering 3.05% APY, another providing cash back on debit transactions, and a third that rewards users with monthly refunds for iTunes, Amazon, or Google Play purchases.

All of these checking accounts are free from monthly maintenance fees, which enhances their appeal. Additionally, Bank of Missouri offers the convenience of refunding up to $25 monthly in ATM fees for withdrawals made outside its network.

The bank also presents competitive rates on certificates of deposit (CDs), appealing to savers looking for solid returns on their investments.

Overall, Bank of Missouri delivers a comprehensive banking package, combining feature-rich checking accounts, no routine fees, and competitive investment options, making it a favored choice for many Missouri residents.

13. UMB Bank

UMB Bank has a rich history of over a century and serves customers not only in Missouri but also in Illinois, Colorado, Kansas, Oklahoma, Nebraska, Arizona, and Texas.

The UMB Free Checking account stands out due to its affordability, requiring just a $10 minimum to open, and it carries no monthly fees. The bank also provides robust online banking options that simplify transferring funds and depositing checks.

Key advantages of banking with UMB include comprehensive mobile banking capabilities that offer convenience and flexibility, competitive rates on CDs, and the availability of a free checking account, making it a cost-effective choice for everyday banking.

14. Simmons Bank

Simmons Bank is a top choice for those seeking the best checking account options in Missouri. With an extensive network of branches throughout the state, Simmons Bank offers several impressive checking and savings accounts.

The bank’s free checking account is particularly attractive, as it comes with no minimum balance requirement and no minimum opening deposit.

Additionally, customers enjoy the convenience of being able to withdraw cash at MoneyPass ATMs across the nation.

15. First State Community Bank

First State Community Bank maintains a significant presence across Missouri, boasting over 50 branches that offer in-person service.

Their Free eChecking account is a standout option for everyday banking, requiring no monthly fees as long as customers sign up to receive electronic statements.

This account includes all the essential features expected from a modern bank, such as online bill pay, mobile deposits, and robust security measures, making it an excellent choice for those who value both convenience and simplicity in their banking experience.

Additionally, First State Community Bank is known for its commitment to community involvement and customer service, further enhancing its appeal to residents looking for a reliable local banking partner.

How to Choose the Best Bank in Missouri

When it comes to managing your finances, choosing from the best banks in Missouri is paramount to securing a fruitful financial future. While the “best” is subjective and varies based on individual preferences and needs, there are a few key factors to consider when making your selection. Here are some of these factors to help you make an informed choice.

Type of Financial Institution

Understanding the different categories of financial institutions can aid in making an informed decision that caters to your individual needs and financial objectives. Here, we look at the features and benefits of each type:

  • National banks: These banks provide a comprehensive array of offerings, including various loan options and investment services. With a national bank, you can access ATMs and branches across the country, making them a convenient option for individuals who favor accessibility and a wide range of services.
  • Regional banks: Serving a specific geographic region, regional banks offer services similar to national banks but with a more localized focus. They have a good network of branches and ATMs within their operating region. They can be the go-to option for individuals who prefer a bank that understands the local market nuances while offering a broad spectrum of services.
  • Community banks: Community banks primarily focus on the needs of the local community, providing more personalized services. They usually have branches limited to a specific community or region, fostering a close-knit banking experience. These banks are ideal for individuals who prioritize personalized service and community engagement over a wide array of services.
  • Online banks: Online banks operate solely on digital platforms, offering competitive interest rates and lower fees due to reduced overhead costs. They are a great choice for tech-savvy individuals who prefer banking from the comfort of their homes, prioritizing convenience and better interest rates.
  • Credit Unions: Owned by their members, credit unions often offer favorable interest rates and lower fees. They have a community-focused approach, providing personalized services to their members. A credit union can be an excellent choice for those looking for a community-centric financial institution that offers a more personal touch.

Financial Products and Services Offered

Different banks offer a range of banking products and services. From basic savings and checking accounts to more sophisticated financial instruments such as investment funds and retirement accounts. Ensure that the bank you choose offers the products and services that align with your financial goals and lifestyle.

Fees and Charges

Some of the best banks in Missouri offer low-fee or no-fee bank accounts, which can save you a substantial amount over time. Be sure to scrutinize any potential hidden fees, including ATM fees, overdraft charges, and monthly maintenance fees. Comparing the fee structures of various banks can lead you to the most economical choice for your banking needs.


Consider the accessibility of the bank’s physical locations and their online platforms. A bank with numerous branches and ATMs across the state will provide you with easy access to your funds. Additionally, a user-friendly online and mobile banking platform is vital for seamless banking transactions in this digital age.

Customer Service

Exceptional customer service is a signature trait of the best banks in Missouri. When choosing a bank, prioritize one that offers responsive support through multiple channels such as phone, email, and in-branch consultations. To ensure a satisfactory experience, consult reviews and testimonials of other customers’ interactions with the bank’s support staff.

Community Engagement

Many people appreciate banks that are involved in their local communities. Check if the bank engages in community services and supports local initiatives. Banks that foster community growth through various philanthropic activities often have a strong local presence and understand the needs of the residents.


Missouri is home to a wide array of banks, each offering unique strengths, such as customer service, mobile banking, and community involvement. As you weigh your options, remember that the optimal choice hinges on your personal financial circumstances and preferences. By pinpointing what is vital for you in a bank, you can find a partner that accommodates your needs seamlessly.

Frequently Asked Questions

In Missouri, there is a mix of prominent national banks such as Bank of America and U.S. Bank, and local favorites including Central Bank and Commerce Bank. While the large banks boast a broad array of services and widespread ATM access, Missourians often prefer local banks for their strong state presence and personalized services.

If you opt for a local institution, ensure that it’s covered by the Federal Deposit Insurance Corporation (FDIC) and consider the ATM accessibility, especially when you are on the move.

What is the best bank for small businesses in Missouri?

Selecting a bank for small business banking depends largely on specific needs, such as invoicing clients or monitoring expenditures for tax documentation. For freelancers in Missouri, GO2Bank is a viable option, whereas U.S. Bank stands out for its commendable money management features in its small business banking solutions.

Which Missouri bank is the most reliable?

Safety and reliability in banking often come with partnering with an FDIC-insured institution, guaranteeing the security of your deposits up to $250,000. Larger banks like Bank of America and U.S. Bank bring a legacy of stability and substantial assets, assuring them against default.

In addition, long-standing local banks such as First State, with over 150 years of operation, and Central Bank, established in 1902, offer reliable banking solutions.

Stephanie Faris
Meet the author

Stephanie Faris is a professional finance writer with more than a decade of experience. Her work has been featured on a variety of top finance sites, including Money Under 30, GoBankingRates, Retirable, Sapling, and Benzinga.