Some popular banks in Arizona include Wells Fargo, JPMorgan Chase and Bank of America, as reported by the Phoenix Business Journal. Other popular banks include BMO Harris Bank, BBVA Compass Bank, National Bank of Arizona, US Bank NA, Alliance Bank of Arizona, MidFirst Bank, Amstrust, Zions Bank, Copper Star Bank, Gold Canyon Bank and American Southwest Credit Union.
The Phoenix Business Journal's list of top banks in Arizona ranks banks in the state by market share. National bank chains enjoy higher percentages of deposit market share by a large margin. Wells Fargo has 26.5 percent of the market share, JPMorgan Chase has 25.95 percent and Bank of America has 20.77 percent of the market share in the state. The other seven banks on the list have smaller shares of under five percent.
Other lists of top banks in the state include gobankingrates.com list of top banks and credit unions and a Huffington Post ranking of best banks in the country. Gobankingrates.com lists top Arizona-based banks and credit unions by popularity. Its top 10 banks include Copper Star Bank, Gold Canyon Bank, 1st Bank Yuma, A. E. A. Credit Union, Alhambra Credit Union, Altier Credit Union, Arizona Bank and Trust and Bashas' Associates Credit Union. Huffington Post's list includes national chains such as Wells Fargo and Bank of America, which are popular in Arizona. It also includes Zions Bank, which operates in several Western states such as Arizona, as reported by the April 2015 article.