10 Best Banks in Missouri for 2024

Missouri has some of the country’s best banks, with many community banks and some of the top national banks available.

So, whether you’re looking for a new checking account, a savings account with a high APY, or other banking services, you’ll find a bank that offers everything you need.

Many banks are in the largest cities of Missouri, like Kansas City, St Louis, Jefferson City, and Springfield. However, if you don’t live near a branch — plenty of banks offer mobile banking services with a user-friendly mobile app.

Check out this list of the best banks in Missouri to find the one that suits you best.

10 Best Banks in Missouri

Here’s a brief overview of the best banks in Missouri.

• Regions Bank: Best for 24-hour Customer Service
• Capital One: Best for High CD APYs
• Mid-Missouri Bank: Best for Interest Bearing Checking
• Belgrade State Bank: Best for Interest Bearing Business Checking
• U.S. Bank: Best for Physicial Bank Presence
• Bank of Missouri: Best for Digital Resources
• Commerce Bank: Best for Banking at any Life Stage
• Bank of America: Best for ATM Presence
• Central Bank of the Ozarks: Best for Community Bank Feel
• UMB Bank: Best for Credit Card Rewards

See the Best Bank Bonus Offers & Promotions in Missouri

1. Regions Bank

Best For: 24-hour customer service

Regions Bank is a regional bank with a full spectrum of banking services in the Southeast. They have 49 branches in Missouri and 1,400 branches total across the Midwest and South.

Accounts

Regions Bank has six checking accounts, including a student and senior checking account, to make banking accessible for everyone. Many of the accounts have monthly fees, and most can be waived.

If you’re looking for a place to park and grow your money, they offer several options, including savings, money markets, and CD accounts. The opening deposit requirements are low on most accounts unless you want a CD with a maturity date of 7 – 89 days then, you’ll need $2,500 to invest.

Regions Bank offers 24/7 customer support and online banking and has small business and commercial banking products, too.

Learn More:

• Read our complete Regions Bank review
• Visit Regions.com↗

2. Capital One

Best For: High CD APYs

Capital One is an option if you prefer banking with a national bank. Capital One is one of the top ten largest banks in the U.S., offering a wide range of banking services.

Capital One has 70,000 fee-free ATMs nationwide. However, they don’t have physical bank locations in Missouri — just partner ATMs. You can get robust banking services if you don’t mind doing your banking online or using a mobile app.

Accounts

Capital One has a handful of bank accounts but not the largest selection. They have one checking and savings account for adults, as well as an option for teens. Where they really shine is their high-yield CDs, with rates between 4% – 5% and no minimum balance requirements.

Like most of the best banks in Missouri, they also have robust banking options for small businesses and commercial operations.

Learn More:

• Read our full Capital One Bank review
• Visit CapitalOne.com↗

3. Mid-Missouri Bank

Best For: Interest-bearing checking accounts

Mid-Missouri Bank is a community bank headquartered in Springfield. It offers personal and business banking services and has great customer reviews.

The bank has 13 locations in Missouri and a top-rated mobile app for iPhone and Android devices.

Accounts

Mid-Missouri Bank offers a surprisingly large selection of checking and savings accounts, including checking accounts with APYs as high as 3%. Their account selection includes savings accounts for kids, round up savings accounts, and money market accounts.

Mid-Missouri Bank also caters to businesses with a handful of banking options, including checking, savings, and merchant card services.

Learn More:

• Visit MidMOBank.com↗

4. Belgrade State Bank

Best For: Interest-bearing business checking

Belgrade State Bank has been around for over 100 years and is headquartered in Belgrade, Missouri. The bank has six branches in Missouri, so it might not be the best option if you’re looking for in-person banking — unless you live close to one of the six branches. However, you can easily access your accounts through online banking.

Accounts

Belgrade State Bank offers personal checking and savings accounts, loans, debit cards, CDs, and overdraft protection. The bank offers a Premium Checking Account with tiered interest rates on higher balances.

Small business owners will find business accounts, loans, and other business banking services. Belgrade State Bank’s Business Checking account even offers interest and has a minimum deposit of $50.

Belgrade State Bank also has a useful online portal with educational resources for kids, helping them learn more about money management.

Learn More:

• Visit BelgradeStateBank.com↗

5. U.S. Bank

Best For: Physical bank presence

U.S. Bank is a well-known national bank in 26 states, including Missouri. U.S. Bank has over 2,000 branches, with 263 in Missouri, according to the branch locator on the bank’s website.

Accounts

U.S. Bank offers various financial services, including personal accounts, money markets, small business banking, and wealth management services. They also offer a wide range of CDs (certificates of deposit) — from standard to CD Special and Step Up CDs. The Special CDs earn much higher rates (e.g., 4.90% APY for nine months). However, the bank’s standard CDs have a fairly low rate, starting at 0.25% APY.

U.S. Bank also offers loans and banking products for small and commercial businesses. All customers can use the highly rated mobile app to manage their money easily anywhere. The app offers bill pay features, and you can easily download your e-statements.

Learn More:

• Read our complete U.S. Bank review
• Visit USBank.com↗

6. Bank of Missouri

Best For: Digital resources

Bank of Missouri might be a good option if you’re looking for a smaller local bank. The bank has 30 locations across the state and offers personal and business banking.

The bank’s website has many helpful digital resources on buying a home, starting a business, saving, and learning to budget. Bank of Missouri also has a handy app that gets good reviews from customers.

Accounts

Bank of Missouri has basic bank offerings, including checking, savings, home, and personal loans. They don’t have a large selection of other accounts like larger banks, but you get personalized service and great rewards, like high APYs on checking or opportunities to earn cash back and most accounts don’t have monthly service fees!

Learn More:

• Visit BankofMissouri.com↗

7. Commerce Bank

Best For: Banking at any life stage

Commerce Bank is an FDIC-insured bank offering banking services catering to all life stages. It takes a tailored approach to customer service and receives great reviews.

Commerce Bank has over 80 bank branches in Missouri (at least 26 in St. Louis), making it a great option for in-person banking.

You’ll find both personal and business banking at Commerce Bank.

Accounts

Commerce Bank offers several checking accounts, including free and interest-bearing accounts. They also offer one savings account, CDs, student banking options, mortgage, personal and auto loans, and a few investment plans.

Commerce Bank works with people in all financial stages from just starting to those handling large sums of money and need wealth planning services. Its APYs are low on many accounts, but they make up for it with their personalized services.

Learn More:

• Visit CommerceBank.com↗

8. Bank of America

Best For: ATM presence

Bank of America is a large national bank operating in 50 states of the U.S.

Bank of America has branches and ATM locations in 35+ cities in Missouri and offers a great branch and online experience. In total, Bank of America has over 3,800 branches and 15,000 ATMs.

Accounts

You can open a checking account in a few steps online. The bank has three main checking accounts: SafeBalance, Advantage Plus, and Advantage Relationship. The monthly maintenance fees range from $4.95 to $25, but there are ways to waive them.

Bank of America also offers a savings account, CDs with rates up to 4.85% with a $1,000 minimum deposit, IRAs, credit cards, home and auto loans, and investing services. You can use Bank of America for all your financial needs.

They have robust services, great online capabilities, and affordable fees, but their APYs leave a little to be desired.

Learn More:

• Read our full Bank of America Review
• Visit BankofAmerica.com↗

9. Central Bank of the Ozarks

Best For: Community bank feel

Central Bank of the Ozarks could be a great option if you’re looking for a community bank that offers personalized customer service and builds long-term relationships with clients.

This small bank serves the entire lake area, so if you live nearby and prefer to bank in person, you’re in luck.

Accounts

The bank offers personal, business, and corporate banking services. Small businesses can open bank accounts, get loans and credit cards, invest with the bank, and more.

As far as personal services, they offer checking, savings, mortgage loans, and credit cards. They also have retirement services, private banking, and a health savings account. The Central Bank of the Ozarks offers features larger banks would offer, but with a more personalized feel, including Zelle, savings roundups, and wire transfers.

Learn More:

• Visit CentralBank.net/Ozarks↗

10. UMB Bank

Best For: Credit card rewards

UMB Bank has been around in the Midwest since 1913. The bank offers personal and business banking and has 50+ branches in Missouri providing the local community with banking services for over a century.

Accounts

UMB Bank offers all the standard banking products you’d expect, including a Free Checking account that requires only a $10 minimum deposit. They also offer various savings and money market accounts, and high interest CDs.

If you have other services in mind like borrowing for a car or house, private wealth management, or basic asset management, UMB Bank offers those services too.

Learn More:

• Visit UMB.com↗

How To Choose The Best Banks In Missouri

At BankBonus.com, we’re committed to providing consumers with the resources they need to select a bank or credit union. Here’s an overview of the steps we recommend our readers take to choose a bank:

• Understand different types of banks: You have access to traditional banks, online banks, credit unions, and neobanks. It’s important to understand the differences between them and determine which type of institution aligns best with your preferences.
• Choose the right account: Checking, savings, money market, and certificate of deposit accounts are the most common types of bank accounts. Understand what each offers and choose a bank with the type of account(s) you need.
• Look for low-fee banks: Account fees can add up quickly. As you compare bank accounts, look for an account that doesn’t charge unavoidable monthly maintenance fees, overdraft fees, and ATM fees.
• Consider branch and ATM access: If having access to branches matters to you, choose a bank with physical locations. Regardless, you should prioritize banks that have a vast ATM network or reimburse ATM fees.
• Compare account features: Determine which features you’re looking for. A few common bank account features to consider are interest, cashback, mobile features, cash deposits, and minimum account balance requirements.
• Check out reviews and ratings: It’s crucial to pick a reputable bank. To get an idea of a bank’s customer experience, you can read expert reviews and look to sources like TrustPilot, the Better Business Bureau, and J.D. Power.
• Read the fine print: Don’t sign up for an account without understanding the terms and conditions. Make sure the account is FDIC or NCUA insured and get a sense of its requirements, fees, and expiration dates for bank bonuses.
• Look at the bank’s additional products: If you want to manage all of your finances under one roof, look into each bank’s additional products. A lot of banks also offer credit cards, wealth management, investment accounts, and loans.

Read our full guide to choosing a bank here

Our Methodology

The BankBonus team has analyzed dozens of banks to provide our readers with thoroughly informed and accurate reviews. We evaluated digital financial platforms, online banks, regional banks, and national banks with a presence in Missouri.

Our assessment of each bank factors in these considerations:

• Product lineup: We review the types of accounts, loans, and services offered by each bank, as well as the number of accounts.
• Fees and pricing: We also consider each institution’s fees, including monthly maintenance fees and other service charges.
• Account features: To compare banks, we take a close look at the features, limits, and capabilities each one has to offer.
• Interest: Along with these features, we consider whether or not the bank offers interest-bearing accounts and compare their rates to industry averages.
• Brand reputation: The bank accounts we recommend have been carefully vetted to ensure they are legitimate, secure, and backed by FDIC insurance.
• User experience: Additionally, we consider the ease of use and availability of resources on each bank’s website and factor in reviews of the mobile app from the Apple App Store and Google Play Store.
• Branch and ATM access: To gauge convenience, we also look at each bank’s branch and ATM availability and consider their ATM reimbursement policies.
• Customer service: In our review process, we also explore their customer service channels, hours of availability, and third-party reviews.