Best Banks in Orlando
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Are you looking for a new bank in Orlando? Look no further than this guide to the best banks in Orlando, Florida.
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Bank of America Advantage Banking - $300 Bonus Offer
- The $300 bonus offer 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 05/31/2025.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- 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.
- *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.
Chase Total Checking® - $300 Bonus
- New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
- Chase Mobile® app - Manage accounts, pay bills, send money to friends with Zelle® and deposit checks from almost anywhere.
- Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
- Help keep your money protected with features like Zero Liability Protection, fraud monitoring and card lock.
- Chase Total Checking includes FDIC insurance up to the maximum amount allowed by law.
- With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
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 4/1/2025 through 9/30/2025 and earn $400 by making Qualifying Deposits* of $2,000 or more into your new 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 SB25Q2BIZAFL to be eligible for a promotion reward. 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.
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
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 5/5/25 - 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
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.
Chase Secure Banking℠ - $100 Bonus
- New Chase checking customers enjoy a $100 checking account bonus when you open a Chase Secure Banking℠ account with qualifying transactions. Open online or at any Chase branch.
- Set up direct deposit and you may get your money up to two business days early-exclusively for Chase Secure Banking℠ customers.
- No minimum deposit to open an account and get started plus no overdraft fees with a Chase debit card that helps you stay within your balance.
- No need to worry about overdraft fees - Chase Secure Banking℠ allows you to spend only the money you have available.
- Chase Secure Banking℠ customers told us they save an average of more than $60 per month on fees after opening their account.
- Pay bills, cash checks and send or receive money with Zelle® with a Chase Secure Banking℠ account.
- Bank from anywhere with access to more than 15,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase.com.
- JPMorgan Chase Bank, N.A. 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
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 5/5/25 - 9/8/25. *Conditions Apply. Accounts are subject to approval and available in the U.S. by BMO Bank N.A. Member FDIC
Chase is arguably the most popular bank in the O-Town. It has 11 branches within a 5-mile radius, a few of which have as many as 6 ATMs in-house. You can also enjoy Saturday banking up to 2pm in several locations.
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.
Business Referral Program - $150 Bonus
Referred business must open a new Regions business checking account within 90 days of receiving the invite. Opening deposit should be $500 or more. Within 60 days of account opening, complete at least one Visa Business CheckCard purchase that posts to the new account, and enroll in Online Statements through Regions Online Banking.
Personal Checking Account - $300 Bonus
Open a new personal LifeGreen Checking account. Make $1,000 or more in qualifying ACH direct deposits that post to your account within 90 days of account opening. Enroll in Online Banking within 90 days of account opening. Registration to this offer by June 30, 2025 is required to qualify for the bonus.
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.
Bank of America Advantage Banking - $300 Bonus Offer
- The $300 bonus offer 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 05/31/2025.
- To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* totaling $2,000 or more into that new eligible account within 90 days of account opening. Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
- 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.
- *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.
While credit unions are smaller and may offer fewer features than major banks, they make up for it in low costs, fewer fees, and better customer service.
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.
Chase Total Checking® - $300 Bonus
- New Chase checking customers enjoy a $300 bonus when you open a Chase Total Checking® account with qualifying activities
- Chase Mobile® app - Manage accounts, pay bills, send money to friends with Zelle® and deposit checks from almost anywhere.
- Chase Overdraft Assist℠ - no overdraft fees if you're overdrawn by $50 or less at the end of the business day or if you're overdrawn by more than $50 and bring your account balance to overdrawn by $50 or less at the end of the next business day*
- Help keep your money protected with features like Zero Liability Protection, fraud monitoring and card lock.
- Chase Total Checking includes FDIC insurance up to the maximum amount allowed by law.
- With over 4,700 branches, Chase has the largest branch network in the U.S. plus access to more than 15,000 ATMs.
- Open your account online now
- Available online nationwide except in Alaska, Hawaii and Puerto Rico. For branch locations, visit locator.chase.com.
Chase Secure Banking℠ - $100 Bonus
- New Chase checking customers enjoy a $100 checking account bonus when you open a Chase Secure Banking℠ account with qualifying transactions. Open online or at any Chase branch.
- Set up direct deposit and you may get your money up to two business days early-exclusively for Chase Secure Banking℠ customers.
- No minimum deposit to open an account and get started plus no overdraft fees with a Chase debit card that helps you stay within your balance.
- No need to worry about overdraft fees - Chase Secure Banking℠ allows you to spend only the money you have available.
- Chase Secure Banking℠ customers told us they save an average of more than $60 per month on fees after opening their account.
- Pay bills, cash checks and send or receive money with Zelle® with a Chase Secure Banking℠ account.
- Bank from anywhere with access to more than 15,000 Chase ATMs, more than 4,700 Chase branches, the Chase Mobile® app and Chase.com.
- JPMorgan Chase Bank, N.A. Member FDIC.
Chase College Checking℠ - $100 Bonus
- Enjoy $100 as a new Chase checking customer when you open a Chase College Checking℠ account and complete 10 qualifying transactions within 60 days of coupon enrollment.
- $0 Monthly Service Fee while in school up to the graduation date provided at account opening (five years maximum) for students 17-24 years old.
- Wire funds internationally using the Chase Mobile® app or chase.com. Send money to recipients around the world with multiple currency options. Fees apply.
- Keep track of your money with confidence and control in the Chase Mobile® app. The Chase Mobile app helps you bank securely and conveniently from anywhere.
- With Zelle®, you can send and receive money with people and businesses you know and trust who have an eligible account at a participating U.S. bank.
- With Fraud Monitoring, Chase may notify you of unusual debit card purchases and with Zero Liability Protection you won't be held responsible for unauthorized debit card purchases when reported promptly.
- JPMorgan Chase Bank, N.A. Member FDIC
Chase Private Client Checking℠ - Up to $3,000 Bonus
- You're eligible for up to a $3,000 bonus when you open a new Chase Private Client Checking℠ account with qualifying activities.
- Speak with a Private Client Banker to open your Chase Private Client Checking℠ account today. Schedule your meeting at your nearest branch to get started.
- Priority service for everyday banking. Receive personalized attention from a dedicated Chase Private Client Banker and 24/7 access to a U.S. based banking service line.
Earn $1,000 when you deposit $150,000 or earn $2,000 when you deposit $250,000 or earn $3,000 when you deposit $500,000. - No fees at Chase and non-Chase ATMs worldwide.
- No Chase fee on incoming or outgoing wire transfers.
- Enjoy higher limits on Chase Private Client debit card purchases and ATM withdrawals, as well as higher Zelle® and Chase QuickDeposit℠ limits.
- Relationship rates which may make you eligible for a 0.25% auto loan rate discount, and invitation-only events.
- Enhance your relationship with access to a J.P. Morgan Private Client Advisor who can help create a personalized investment strategy.
- Deposit products provided by JPMorgan Chase Bank, N.A. Member FDIC. Deposit products are FDIC insured up to the maximum amount allowed by law.
J.P. Morgan Wealth Management is a business of JPMorgan Chase & Co., which offers investment products and services through J.P. Morgan Securities LLC (JPMS), a registered broker-dealer and investment adviser, member FINRA and SIPC. Insurance products are made available through Chase Insurance Agency, Inc. (CIA), a licensed insurance agency, doing business as Chase Insurance Agency Services, Inc. in Florida. Certain custody and other services are provided by JPMorgan Chase Bank, N.A. (JPMCB). JPMS, CIA and JPMCB are affiliated companies under the common control of JPMorgan Chase & Co. Products not available in all states.
INVESTMENT AND INSURANCE PRODUCTS: •
Referral Program - Up to $500 Bonus
Earn $50 for every referred client who successfully opens a new qualifying checking and/or savings account, and completes qualifying activities. Referred clients must be new Chase customers. Earn a maximum of $500 in referral bonus per calendar year.
The information for the Chase Refer a Friend has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
Chase Total Checking® + Chase Savings℠ - $900 Bonus
- Earn $300 when you open a new Chase Total Checking® account and set up and receive a direct deposit within 90 days of coupon enrollment
- Earn $200 when you open a new Chase Savings℠ account, deposit $15,000 or more in new money within 30 days of coupon enrollment, and maintain $15,000 or more for 90 days of coupon enrollment.
- Earn an additional $400 when you open a new Chase Total Checking® and new Chase Savings℠ at the same time and complete qualifying activities for both accounts.
The information for Chase Total Checking® and Chase Savings℠ have been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
Chase Savings℠ - $200 Bonus
Earn $200 when you open a new Chase Savings℠ account, deposit $15,000 or more in new money within 30 days of coupon enrollment, and maintain $15,000 or more for 90 days of coupon enrollment.
The information for the Chase Savings℠ account has been collected independently by CreditDonkey. The details on this page have not been reviewed or provided by the bank.
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.
Cogent Bank
Cogent Bank is a Florida-based bank with one banking center in Downtown Orlando and more in 10 other cities throughout the state.
Cogent Bank offers banking services for individuals and businesses, as well as private banking and specialty divisions serving customers with exceptional needs. Their personal banking services include checking and savings accounts, tax-advantaged health savings and retirement accounts, lending options and more.
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
- ^ Bank of America. Personal Schedule of Fees, Retrieved 08/06/2024
Jeremy Harshman is a creative assistant at CreditDonkey, a bank comparison and reviews website. Write to Jeremy Harshman at jeremy.harshman@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.
Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.
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