Best Banks in Orlando

Are you looking for a new bank in Orlando? Look no further than this guide to the best banks in Orlando, Florida.

Member FDIC

Bank of America Advantage Banking - Up to $500 Cash Offer

• The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
• The offer is for new checking customers only.
• Offer expires 1/31/2026.
• To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.

  Cash Bonus	Total Qualifying Direct Deposits
  $100	$2,000
  $300	$5,000
  $500	$10,000+

• If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
• Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
• Additional terms and conditions apply. See offer page for more details.
• *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
• Bank of America, N.A. Member FDIC.

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Expires 1/31/2026

Member FDIC

Business Checking Account - $400 Bonus

• Open a new Truist Simple Business Checking or Dynamic Business Checking account online, via phone, or in a branch from 10/1/2025 through 4/2/2026 and earn $400 by making Qualifying Deposits* of $2,000 or more into your account within 30 days of account opening. Must be a new Truist business checking client, Terms Apply.
• Enrollment in the promotion is required at the time of account opening using promo code SB25Q4BIZAFL to be eligible for a promotion reward. Please refer to the Account Opening & Promotion Enrollment sections below for instructions.
• *Qualifying Deposits for new business checking accounts exclude debit card credit transactions and NSF fee refunds. Deposits can be made on a one-time basis or cumulatively over the 30 days.

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Expires 4/2/2026

Terms and Conditions

Terms and Conditions for the Truist Small Business Checking Affiliate Q4 2025 & Q1 2026 Offer: SB25Q4BIZAFL

Offer Information: Open a new Truist Simple Business Checking or Dynamic Business Checking account online, via phone, or in a branch from 10/1/2025 through 4/2/2026 and earn $400 by making Qualifying Deposits* of $2,000 or more into your account within 30 days of account opening.

Enrollment in the promotion is required at the time of account opening using promo code SB25Q4BIZAFL to be eligible for a promotion reward. Please refer to the Account Opening & Promotion Enrollment sections below for instructions.

*Qualifying Deposits for new business checking accounts exclude debit card credit transactions and NSF fee refunds. Deposits can be made on a one-time basis or cumulatively over the 30 days.

Offer Eligibility: You must be a new Truist business checking client. To be considered a new business checking client, the business cannot have an existing Truist business checking account or have closed a Truist business checking account within 180 days of the promotion start date (i.e., on or after 4/4/2025), with the same Taxpayer Identification Number (TIN), including, but not limited to, an Employer Identification Number (EIN). The business account holder must be 18 years or older at time of account opening. The account holder cannot be a non-resident alien. The business account holder must have a valid U.S. TIN. The business's physical address must be located in one of the following states: AL, AR, FL, GA, IN, KY, MD, MS, NC, NJ, OH, PA, SC, TN, TX, VA, WV or DC.

Reward Processing: The reward will be deposited to the new business checking account within 4 weeks after the qualification requirements have been met and verified. In order to receive the reward, the new business checking account must be open, not restricted, and in good standing with a balance of at least $0.01 at the time of Truist verification and at the time of payout. An account is considered restricted if it has a temporary or permanent block that prevents credits from posting to the account. Truist verification will occur one time after the qualification requirements are initially met. Promotion is only applicable once per client and for one new qualifying business account. Truist may report the value of any offer reward received to the IRS as required by law. Any appliable taxes are the responsibility of the recipient.

Reward Forfeiture: Reward forfeiture will occur if: (1) the new business checking account is changed to an account type not included in this offer prior to payout, (2) the new business checking account has a $0.00 or negative available balance or is restricted at the time Truist verifies the qualification requirements have been met or, (3) the new business checking account is closed or restricted at the time of payout.

Other Terms: Minimum opening deposit is $100. A monthly maintenance fee is applicable for Truist Dynamic Business accounts whose average daily balance is less than $5,000; the monthly maintenance fee is waived for accounts with a combined average relationship ledger balance of $5,000 or more. See Truist's Business Deposit Accounts Fee Schedule for additional information.

The offer is non-transferable and may not be combined with any other offers. This offer is subject to change and may be discontinued at any time. Truist reserves the right, in its sole discretion, to disqualify any account if Truist suspects accounts are being opened for the purpose of exploiting this promotional offer. All promotional payouts will be processed no later than 9/30/2026, at which point this promotion and any related disbursements will be considered final, and no further disbursements will be made.

Online Account Opening & Promotion Enrollment Instructions: During the online application process, ensure the promo code SB25Q4BIZAFL is entered into the Promo Code field and accept the offer when presented. Accounts opened online without the Promo Code will not be eligible to participate in the offer.

Branch Account Opening & Promotion Enrollment Instructions: Visit your local Truist branch or call a Small Business representative and ask to open an eligible account and enroll you in the Truist Small Business Checking Affiliate Q4 2025 & Q1 2026 Offer using promo code SB25Q4BIZAFL.Once enrolled in the promotion, clients may receive promotional updates via the email address provided or by calling 800-709-8700.

Truist Bank, Member FDIC. ©2025, Truist Financial Corporation. Truist, Truist Purple and the Truist Logo are service marks of Truist Financial Corporation

Version 1 08142025 SB25Q4BIZAFL

Wells Fargo Everyday Checking Account - $325 Bonus

• Get a $325 new checking customer bonus when you open an Everyday Checking account and receive $1,000 or more in qualifying direct deposits.
• Wells Fargo Bank, N.A. Member FDIC

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Expires 10/15/2025

Member FDIC

BMO Smart Advantage Checking account - Earn $400 Cash Bonus*

$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26. *Conditions apply. Accounts are subject to approval and provided in the U.S. by BMO Bank N.A. Member FDIC

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Expires 1/28/2026

Whether you're an Orlando native or a newcomer, there's no reason to settle for a bad bank.

But which bank is really the best in Orlando?

In this guide, learn about the best banks in Orlando, what they offer, and who offers free accounts.

Best Banks in Orlando

We considered a variety of factors to find the best banks. This included the accounts they have, the rates they offer, and how convenient it is to bank with them.

Now let's take a look at the best banks in Orlando.

Member FDIC

Bank of America® Business Advantage Banking Checking Account - $200 Bonus Offer

• The $200 bonus offer is an online only offer and must be opened through the Bank of America promotional page.
• The offer is for new eligible business checking customers only.
• Offer expires 12/31/2025.
• To qualify, deposit $5,000 or more in New Money* directly into a new eligible Bank of America Business Advantage Banking account within thirty (30) days of account opening.
• Maintain an average balance of $5,000 in that new Business Advantage Banking account during the Maintenance Period**.
• Once all requirements are met, Bank of America will attempt to pay bonus within 60 days.
• Additional terms and conditions apply. See offer page for more details.
• *New Money is new funds deposited into your business checking account that are not transfers from other Bank of America deposit accounts or Merrill investment accounts.
  
• ** The Maintenance Period begins thirty-one (31) calendar days after account opening and ends ninety (90) calendar days after account opening.
  
• Bank of America, N.A. Member FDIC

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Expires 12/31/2025

Member FDIC

BMO Smart Money Checking account - Earn $400 Cash Bonus*

$400 cash bonus* when you have a cumulative total of $4,000 in qualifying direct deposits within 90 days of account opening between 9/9/25 - 1/28/26. *Conditions apply. Accounts are subject to approval and provided in the U.S. by BMO Bank N.A. Member FDIC

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Expires 1/28/2026

Regions Bank: Best Regional Bank

Regions Bank is a regional bank offering full financial services to consumers and businesses in the South, Midwest, and Texas.

They have 14 branches in the Orlando area, and are headquartered in Birmingham, Alabama.

Regions offers a range of financial services for everyday customers, including checking, savings, money market accounts, and CDs, as well as debit and prepaid cards.

Their checking accounts come in a variety of types to serve different customers' needs, including:

• An account designed for online banking
  
• An interest-bearing checking account
  
• A fee-free student account
  
• An account for seniors over 62

As for savings, they have four options, including:

• The Regions LifeGreen Savings
  
• Regions Savings
  
• Regions Savings for Minors
  
• Regions Now Savings accounts

Regions also offers credit cards, financial planning and wealth management services, and individual retirement accounts. They offer a variety of loans including home and auto, student loans, lines of credit, as well as a range of financial services for small businesses.

Bank of America: Best National Bank

One of the biggest upsides to working with a national bank is convenience. Bank of America has 36 financial centers within 15 miles of Orlando, which means it's easy to find a branch when you need one, and get access to ATMs and real human staff.

Bank of America's savings APY won't be as high as you'll find at an online bank, but they do offer a wide range of other products, including:

• Credit cards
  
• Home and auto loans
  
• Investing through Merrill

The Bank of America Advantage SafeBalance Banking® is a great start for students and young adults, the monthly service fee is waived for those under 25 years old, or if you maintain a minimum daily balance of $500 or more in your account, and no overdraft fees either.

The Bank of America Advantage Plus Banking® account provides overdraft protection, and they'll waive the $12 monthly fee with qualifying monthly direct deposits of $250 or more, or a minimum daily balance of $1,500.^[1]

And the Bank of America Advantage Relationship Banking® account will accrue interest and they'll waive the $25 monthly fee when you maintain a minimum daily balance of $20,000 in your account during each statement cycle.

Monthly maintenance fees for eligible Bank of America checking and savings accounts can also be waived as long as you are a member of the Bank of America Preferred Rewards® program.

Member FDIC

Bank of America Advantage Banking - Up to $500 Cash Offer

Learn More

Expires 1/31/2026

• The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
• The offer is for new checking customers only.
• Offer expires 1/31/2026.
• To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.

  Cash Bonus	Total Qualifying Direct Deposits
  $100	$2,000
  $300	$5,000
  $500	$10,000+

• If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
• Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
• Additional terms and conditions apply. See offer page for more details.
• *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
• Bank of America, N.A. Member FDIC.

Suncoast Credit Union: Best Credit Union

Suncoast Credit Union is our pick for the best credit union for Orlando residents.

They have branches across western Florida, and membership is available to residents of the Orlando area, alumni of Florida College, and family of current members.

They offer interest rates that lie somewhere between online and brick-and-mortar banks. The Suncoast Credit Union Smart Checking account is a dividend-earning checking account that earns a generous rate, has no minimum balance, and no monthly fees.

Unfortunately, its interest rate on the Suncoast Credit Union Share Savings account isn't quite what you'll find at an online-only bank such as Ally.

You might consider a Suncoast Credit Union CD if you're looking for higher returns and can afford to put your money aside for a while.

If you're looking for something a little more convenient than a credit union, you might consider Chase Bank.

Chase Bank: Best for Checking

Chase Bank has the most branches in the country, with more than 4,700. Florida, in particular, has 400+ physical locations, 21 of which are in the Orlando area.

But Chase actually performs a lot of its services online. They have an easy-to-use mobile app, which means that while Chase users have the option to visit a physical branch, most of the time they won't need to.

Chase's interest rates aren't quite as good as you'd find at a purely online bank, but they do frequently offer generous sign-up bonuses that might make up for it.

All three Chase checking accounts provide access to their branches and ATMs and online banking services, as well as a range of perks and features including Autosave automatic transfers.

Other Banks to Consider

While big banks are right for some, they aren't for everyone. If you feel that you might get better service from a bank that understands your needs as an Orlando resident, then one of these local banks might be right for you.

United Community Bank
Headquartered in Greenville, SC, United Community Bank acquired Seaside National Bank & Trust in 2020, which still carried the name Seaside Bank and Trust in Orlando until 2023. At this time, it has been fully rebranded as United Community Bank.

This bank was founded over 7 decades ago, with 18 locations around the Sunshine State and more branches in AL, GA, NC, SC, and TN. They have a range of banking services including checking accounts, money market accounts, CDs, IRAs, savings accounts, tax-advantaged health savings accounts, and more.

Addition Financial
Addition Financial is a member-owned credit union that was founded in 1937 as Orange County Teachers' Federal Credit Union, and has since grown to one of the largest credit unions in Central Florida.

While they aren't a bank, they offer many of the same services, including checking and savings accounts, loans, credit cards, investing and retirement accounts, and more.

Synovus®
Synovus® is another regional bank which has 246 branches spread across AL, FL, GA, SC, and TN. It has 6 locations within 25 miles of Orlando.

Synovus® is based in Columbus, Georgia, and its presence in surrounding states can offer locals a level of convenience when they travel.

The bank offers checking and savings accounts, money market accounts, CDs, health savings accounts, and more to its customers.

How to Choose Best Bank in Orlando

To ensure you find the best fit for your financial needs, here are a few considerations:

Purpose
Is it for personal or business? Either way, choosing a bank with a range of services is a no-brainer. Identify the account types you plan to open. If you are banking for the first time, starting with a checking account is best.

Accessibility
Convenience cannot be overstated. Choose a bank with branches and fee-free ATMs close to your home or workplace. Online and mobile banking capabilities may be non-negotiables for some as well.

Monthly fees
When you think about it, who likes paying fees? Free checking is an option for several banks. Alternatively, other financial institutions offer ways to waive their account's monthly service charges.

Customer service
If you want a more personalized experience, try credit unions or regional banks. Some of them may impress you with their white-glove treatment, a rarity among big banks.

Deposit rates
You are probably wise enough to not expect so much from banks when it comes to interest rates on savings. But if it matters to you, consider banking with fintechs or digital banks known to be competitive in this area.

Bottom Line

As you can see, there is a wide range of excellent banking options for residents of the Orlando area.

For the widest range of services and most convenience, you'll probably do best with a big national bank like Chase or Bank of America.

For those who prefer something a little closer to home, a regional bank like Regions, or a credit union like Suncoast, will provide the local touch that you're looking for.

There's also a lot to be said for smaller, Florida-focused banks and credit unions, such as Cogent Bank and Addition Financial.

References