Best Banks In Virginia For Financial Services
Virginia has a number of nationalized banks providing financial services to its residents. In all, there are 100 banks in the state with only a handful of banks providing top quality services. The best banks in the state provide excellent customer service combined with competitive rates, good accessibility, and minimal maintenance fees.
BB&T
This bank is the easiest to access in Virginia. It has 300 branches across the state which makes it the most accessible bank for those looking for a checking accounts in Virginia. BB&T caters to a variety of customers and provides products that cater to all sections of the society. This bank has a dozen checking account options that fit in every budget and provide some excellent services like mobile banking, online banking, and mobile check deposit. With BB&T bank, a customer can open an account with $50. The two most famous checking accounts are Bright Banking and Fundamentals Checking accounts.
Bank of America
This is the best bank for students in Virginia. This bank provides the best checking account for students and provides for a good accessibility through 132 branches in the state. Many of its branches are located in the prominent college campuses in the state making it the first choice for students. The Core Checking account of this bank has no monthly fee as long as the student is in college or under the age of 24. Once the college is over, this account can be easily converted to other accounts. Bank of America also provides a sophisticated mobile app which is beneficial for students who cannot visit a bank frequently.
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Wells Fargo
This is one of the top banks in the country and is also much loved in the state of Virginia for its best joint checking accounts. Wells provides a Preferred Checking Account for people looking to open a joint account. This account carries no monthly fee if the direct deposits per month can be fixed to $1,000. It also earns an APY of 0.01% if the account is maintained with a minimum balance of $500. Wells Fargo has excellent digital capabilities like mobile and online banking. Wells Fargo’s joint account is a good choice for couples and individuals who can maintain a high deposit in the account.
PNC Bank
PNC’s Virtual Wallet is the best savings account for individuals who prefer online banking over in person banking this account has 3 accounts incorporated in one account. The ‘Spend’ is the checking account, ‘Reserve’ is the short-term savings account and the ‘Growth’ is for long-term savings. PNC provides web-based features to its customers so that they can monitor the spending and savings of their account. Further, the Virtual Wallet rewards individuals who work towards building wealth and meet financial goals from time to tie. This banking option is good only for people who like online banking because PNC has very few branches in Virginia.
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