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.

1. Regions Bank regions bank logo

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.


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.


  • 24/7 customer support
  • Wide range of CD terms
  • Maintenance fees can be waived


  • APY rates could be higher


2. Capital One capital one bank logo

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.


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.


  • Great APY rates
  • No fees or minimum balance requirements
  • Highly-rated mobile app


  • No bank branches in Missouri
  • Small selection of account options


3. Mid-Missouri Bank mid missouri bank logo

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.


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.


  • Competitive interest rates
  • Easy to open accounts
  • Low or no fees


  • Only 13 branches
  • Must meet requirements to earn the higher APYs


4. Belgrade State Bank belgrade bank logo

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.


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.


  • Competitive certificate of deposit rates
  • Financial education tools
  • Some checking accounts pay interest


  • Only 6 branches
  • Low APY on checking and savings accounts


5. U.S. Bank us bank logo

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.


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.


  • Special CDs earn high rates
  • User-friendly website offering financial education
  • Highly-rated mobile app


  • Low rates on standard CDs
  • Most accounts have maintenace fees


6. Bank of Missouri bank of missouri logo

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.


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!


  • Competitive APY rates
  • Wide range of banking products and services
  • Little to no fees


  • Limited branches
  • No 24/7 customer service or live chat


7. Commerce Bank commerce bank logo

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.


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.


  • Has a free checking account
  • Monthly fees are easy to avoid
  • Options for people in any stage of life


  • Only one savings account option
  • Low APY on savings accounts and CDs


8. Bank of America bank of america logo

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.


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.


  • Wide ATM and branch network
  • A good range of products
  • Monthly fees that are easy to waive


  • APY rates could be better on savings accounts
  • Higher APYs and rewards require high account balances


9. Central Bank of the Ozarks central bank of the ozarks logo

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.


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.


  • The mobile app has an excellent rating
  • Personalized customer service
  • Great perks with checking accounts


  • Limited availability (only the lake area)
  • Low APY on savings accounts and CDs


10. UMB Bank umb bank logo

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.


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.


  • Good rewards on credit cards
  • Special CD rates
  • Low account opening deposits


  • Low interest rates
  • Monthly fees


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.

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.

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