Regional banks offer higher rates than national banks and more locations than community banks.

To find the Best Regional Banks of 2022, GOBankingRates ranked nearly two dozen financial institutions across the following factors: – Total assets – Number of branch locations – Checking account annual fee

– 12-month CD APY – Customer service products offered – Bauer rating – Products/services offered – Average mobile app rating

First Horizon Bank Pros: – No checking fee with FirstView Checking account – Wide range of products offered – Add-on CD Cons: – Need high balances to earn more than minimal interest

Comerica Bank Pros: – Good selection of products – Ability to bank across Canadian and Mexican borders Cons: – Fees and account minimums are disproportionately high for rates offered

MUFG Union Bank Pros: – Low minimum balance requirements for most CDs – Good selection of basic account types – Waivable fees on most accounts Cons: – Low savings rates – Limited physical locations – Must schedule an in-person appointment to open the account

Washington Federal Bank Pros: -WaFd checks win perks -Good savings and checking interest rates -Special CD  cons: -Some monthly checking fees are non-waivable.

First National Bank of Pennsylvania Pros: – No checking fee – Products include IRAs and CDs. Cons: – No credit cards – Low rates across the board