Best Banks in New Hampshire 2024

Looking for a bank in New Hampshire? You’re in luck! Whether you need a new credit card, checking account, or business banking, there are many options.

New Hampshire has many financial institutions, including some of the largest banks and credit unions.

Whether you’re in Manchester, Nashua, or Massachusetts, you’re likely to find financial services to suit your needs.

In this article, we’ll review the best banks in New Hampshire, including their best features, bank accounts, minimum balances, annual percentage yield (APY), and monthly maintenance fees.

8 Best Banks & Credit Unions in New Hampshire

Here are the top banks and credit unions in New Hampshire you can open an account with today:

1. Bank of America: Best for Large Bank Presence
2. Citizens Bank: Best for Checking Account Selection
3. TD Bank: Best for Late Banking Hours
4. Capital One: Best for No Fees
5. Bank of New Hampshire: Best Customer Service
6. M&T Bank: Best Local Branch Availability
7. Enterprise Bank: Best for Business Banking
8. Digital Federal Credit Union: Best for Checking Account APYs

See New Hampshire’s Best Bank Bonus Offers & Promotions

1. Bank of America

Best For: Large bank presence

Bank of America is a national bank with branches in 50 states across the U.S.

Large banks like Bank of America have many advantages, such as a wide range of services, plenty of branch locations, and an extensive ATM network.

Like all reputable financial organizations, Bank of America is a member of the FDIC, so your money is protected (up to $250,000).

Bank of America has 20+ branches in various New Hampshire locations, so it’s a great bank to choose from if you want to visit a branch. You can also complete most banking transactions without visiting a branch. Bank of America offers mobile banking with a highly-rated mobile app for Android and Apple devices.

Accounts

Bank of America offers many banking solutions for individuals, small and large businesses. While they have fewer account options than some other large (and even small) banks, the accounts they offer have many advantages

Consumers can choose from three checking accounts and one savings account, but they also offer CDs and IRAs for those with long-term goals or want to earn more interest. Like most banks, Bank of America could offer higher APY on savings accounts — but it does have many bonuses and promotions, which are great for new customers.

Learn More:

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

2. Citizens Bank

Best For: Checking account selection

Citizens Bank is smaller than U.S. Bank overall but has more branches in New Hampshire.

The bank operates over 1,100 branches in 11 states across the U.S., with over 48 branch locations in New Hampshire.

Accounts

Citizens Bank has a range of deposit accounts — from checking to savings bank accounts, as well as many other financial services, including credit cards, home loans, and student loans.

Citizens Bank has five checking accounts, one of which is for students. Most accounts have waivable monthly maintenance fees, and each has different benefits. They also have three savings accounts, including Private Client™ savings, which pays higher APYs, and CDs with various terms.

Small businesses will also find plenty of financial products and services, such as checking accounts, debit and ATM cards, business overdrafts, online banking, and more.

Learn More:

• Read our full Citizens Bank Review
• Visit CitizensBank.com↗

3. TD Bank

Best For: Late banking hours

TD Bank is another national bank with a presence in New Hampshire. Known as America’s most convenient bank, it has over 1,100 locations in 16 states.

When it comes to New Hampshire, the bank has 60 bank stores and ATMs in New Hampshire cities and towns, which is fantastic if you value in-person banking.

Accounts

TD Bank offers a wide range of banking services, from basic checking to money market accounts. They have three regular checking accounts and one for students. This includes an ‘Essential’ bank account that doesn’t allow overdrafts but has a non-waivable $4.95 monthly fee.

TD Bank also offers two savings accounts with multiple ways to waive the monthly fee and offers various benefits, such as free automatic transfers and competitive tiered interest rates.

TD Bank’s maintenance fees range from $5 to $25, but you can avoid most fees. The bank has a relatively large overdraft fee ($35), which it may charge up to five times daily.

The bank’s online banking comes with 24/7 access to accounts, plus money transfers with Zelle, online bill pay, and more.

The bank generally gets great customer service reviews, so you know you’ll be in good hands.

Learn More:

• Read our full TD Bank Review
• Visit TD.com↗

4. Capital One

Best For: No fees

Capital One is another excellent option in New Hampshire if you prefer banking with a national bank.

As one of the top ten consumer banks in the U.S., Capital One offers a great range of products and services.

The bank has over 70,000 ATM locations across the country, but most of the banking is done online or via its mobile app.

Accounts

Capital One’s 360 Checking account is a basic bank account. It offers great mobile banking on the bank’s app and features like bill pay, money transfers, and mobile check deposits. You can open a bank account online in minutes. You can also quickly transfer and receive money via Zelle.

One of Capital One’s strongest advantages is the bank’s competitive APY savings account rates. Right now, you can earn 4.35% APY with Capital One’s 360 Performance Savings Account—a top-tier interest rate.

Learn More:

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

5. Bank of New Hampshire

Best For: Personal customer service

Bank of New Hampshire (BNH) is an FDIC-insured local bank offering personal banking, loans, mortgages, commercial banking, and wealth management services.

It is one of the largest independent banks and has 23 offices statewide, with many more ATMs.

The bank has a more traditional banking approach and provides personal customer service.

Accounts

Customers looking for personal banking services will find checking accounts (including interest checking), savings accounts, money market accounts, and certificates of deposit.

Some of the accounts offer perks and privileges, like travel programs with seminars, social gatherings, and overnight stays. You can open an account with a minimum deposit of $25 – $50, though CDs require $2,500.

Regarding the bank’s interest rates, the money market account rates are 0.05% APY, while interest checking accounts will earn you 0.01% APY.

Learn More:

• Visit BNH.bank↗

6. M&T Bank (previously People’s United Bank)

Best For: Local branch availability

People’s United Bank was a regional community bank that became part of M&T Bank in 2022. With 30+ bank branches and ATMs in New Hampshire, M&T Bank is an excellent option to consider if you’d like to be able to visit a local branch.

M&T Bank offers personal, business, and commercial banking. Personal banking customers can open checking accounts, savings accounts, and CDs, get credit cards, or take out loans.

The bank also offers investment, financial planning, insurance services, and business and commercial banking.

Accounts

M&T Bank has four checking accounts, with EZChoice being the essential bank account. The account has no monthly maintenance fee — but doesn’t come with bells and whistles.

M&T offers traditional savings accounts, including a relationship savings account, but don’t expect high APYs, as the rate is currently 0.01%. They also offer various CDs with rates as high as 4.75%.

Learn More:

• Visit MTB.com↗

7. Enterprise Bank

Best For: Business banking

Enterprise Bank is another locally-owned bank located in Derry, Hudson, Londonderry, Pelham, Salem, Windham, and Nashua.

The bank offers personal, business, and non-profit banking. You can also access wealth management services with personal service and a tailored approach.

While the bank offers personal banking services, its strength lies in its business banking services. The bank offers various business cash management solutions, online banking, card services, and more.

Accounts

When it comes to personal banking, Enterprise Bank offers Rewards Checking, Interest Checking, Student Checking, and Military Checking accounts.

The interest-bearing checking accounts earn you 0.01% APY if you keep an average daily balance of $750 – $5,000, depending on the account.

Money market accounts can earn you from 0.01% to 0.15% APY, but you’ll need a very high balance to earn the higher rate ($1,000,000 and above).

Learn More:

• Visit EnterpriseBanking.com↗

8. Digital Federal Credit Union (DCU)

Best For: Higher Checking Account APYs

Another option to consider is a credit union in New Hampshire.

Credit unions are nonprofit, typically cheaper than banks, and often offer better interest rates. However, becoming a credit union member isn’t always as easy as they typically have more requirements.

Digital Federal Credit Union offers various personal and business banking services and personal and commercial loans.

You can join Digital Federal Credit Union if you live, work, attend school, or worship in New Hampshire. Any businesses located in New Hampshire are also automatically eligible to join.

Accounts

Digital Federal Credit Union offers checking accounts, savings accounts, certificates of deposit, retirement accounts, and even specialty accounts (like fiduciary, Totten, or trust accounts). The credit union also offers loans and financial planning advice.

According to the credit union’s website, it has locations in all 50 states.

With Digital Federal Credit Union, you can open a free checking account that doesn’t have a minimum deposit — and even pays interest on up to $1,000 (0.20% APY).

Certificate accounts offer pretty great APY (as high as 4.86%), with a $500 minimum to open and earn it.

Digital Federal Credit Union also has many digital banking tools (even though its banking app doesn’t get the best reviews for usability).

Learn More:

• Visit DCU.org↗

How To Choose The Best Bank In New Hampshire

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

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 New Hampshire.

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.