Still Risky State Fact Sheets

Costs associated with maintaining a checking account can vary state by state. Pew collected data on the fees, terms, and conditions of the nations's 12 largest banks* by deposit volume as of October 2011. Each state is evaluated according to the banks that maintain retail operations there, with no state containing data on all 12 banks.

  Alabama   Kentucky   North Dakota
  Alaska   Louisiana   Ohio
  Arizona   Maine   Oklahoma
  Arkansas   Maryland   Oregon
  California   Massachusetts   Pennsylvania
  Colorado   Michigan   Rhode Island
  Connecticut   Minnesota   South Carolina
  Delaware   Mississippi    South Dakota
  District of Columbia   Missouri   Tennessee
  Florida   Montana   Texas 
  Georgia   Nebraska   Utah

None of the 12 Banks studied,
held deposits in Hawaii

  Nevada   Vermont
  Idaho   New Hampshire   Virginia
  Illinois    New Jersey   Washington
  Indiana   New Mexico   West Virginia
  Iowa   New York   Wisconsin
  Kansas   North Carolina   Wyoming

The 12 Largest Banks 

*The financial institutions studied were the 10 largest banks as identified by their holding companies’ deposit volume:

  • Bank of America
  • Wells Fargo Bank
  • JP Morgan Chase Bank
  • Citibank
  • U. S. Bank
  • PNC Bank
  • TD Bank
  • SunTrust Bank
  • Branch Banking & Trust
  • HSBC Bank USA
  • Regions Bank
  • Capital One

Nationwide Fact Sheet

Checking accounts, the most widely used financial product in America, contain hidden risks that can harm consumers. Here’s an overview of what is being offered.

Nationwide Fact Sheet (PDF)

Media Contact

Esther Berg

Officer, Communications