Best Banks and Credit Unions in Pennsylvania for 2025
Earn up to 4.30% APY*
- Limited Time Offer - New accounts earn a 0.70% APY boost to 4.30% for up to 6 months with eligible direct deposit*
- $0 min. balance to earn APY
- Open Checking & Savings Accounts with 1 Sign Up
- Up to 2-Day-Early Paycheck3
- FDIC Insured up to $250k plus up to $3M in supplemental insurance4
- No Account Fees5 & No-fee Overdraft Coverage6
*Terms Apply
1. Up to $300 Bonus Tiered Disclosure
New and existing Checking and Savings members who have not previously enrolled in Direct Deposit with SoFi are eligible to earn a cash bonus of either $50 (with at least $1,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period) OR $300 (with at least $5,000 total Eligible Direct Deposits received during the Direct Deposit Bonus Period). Cash bonus will be based on the total amount of Eligible Direct Deposit. If you have satisfied the Eligible Direct Deposit requirements but have not received a cash bonus in your Checking account, please contact us at 855-456-7634 with the details of your Eligible Direct Deposit. Direct Deposit Promotion begins on 12/7/2023 and will be available through 1/31/2026. Full terms at sofi.com/banking. SoFi Checking and Savings is offered through SoFi Bank, N.A., Member FDIC. SoFi members with Eligible Direct Deposit can earn 3.60% annual percentage yield (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. There is no minimum Eligible Direct Deposit amount required to qualify for the 3.60% APY for savings (including Vaults). Members without Eligible Direct Deposit will earn 1.00% APY on savings balances (including Vaults) and 0.50% APY on checking balances. Interest rates are variable and subject to change at any time. These rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional information can be found at http://www.sofi.com/legal/banking-rate-sheet.
2. APY disclosures
Annual percentage yield (APY) is variable and subject to change at any time. Rates are current as of 11/12/25. There is no minimum balance requirement. Fees may reduce earnings. Additional rates and information can be found at https://www.sofi.com/legal/banking-rate-sheet
3. Fee Policy
We do not charge any account, service or maintenance fees for SoFi Checking and Savings. We do charge a transaction fee to process each outgoing wire transfer. SoFi does not charge a fee for incomingwire transfers, however the sending bank may charge a fee. Our fee policy is subject to change at any time. See the SoFi Bank Fee Sheet for details at sofi.com/legal/banking-fees/.
4. Additional FDIC Insurance
SoFi Bank is a member FDIC and does not provide more than $250,000 of FDIC insurance per depositor per legal category of account ownership, as described in the FDIC’s regulations. Any additional FDIC insurance is provided by the SoFi Insured Deposit Program. Deposits may be insured up to $3M through participation in the program. See full terms at SoFi.com/banking/fdic/sidpterms. See list of participating banks at SoFi.com/banking/fdic/participatingbanks.
5. ATM Access
We’ve partnered with Allpoint to provide you with ATM access at any of the 55,000+ ATMs within the Allpoint network. You will not be charged a fee when using an in-network ATM, however, third-party fees may be incurred when using out-of-network ATMs. SoFi’s ATM policies are subject to change at our discretion at any time.
6. Early Access to Direct Deposit Funds
Early access to direct deposit funds is based on the timing in which we receive notice of impending payment from the Federal Reserve, which is typically up to two days before the scheduled payment date, but may vary.
7. Overdraft Coverage
Overdraft Coverage is a feature automatically offered to SoFi Checking and Savings account holders who receive at least $1,000 or more in Eligible Direct Deposits within a rolling 31 calendar day period on a recurring basis. Eligible Direct Deposit is defined on the SoFi Bank Rate Sheet, available at https://www.sofi.com/legal/banking-rate-sheet. Members enrolled in Overdraft Coverage may be covered for up to $50 in negative balances on SoFi Bank debit card purchases only. Overdraft Coverage does not apply to P2P transfers, bill payments, checks, or other non-debit card transactions. Members with a prior history of unpaid negative balances are not eligible for Overdraft Coverage. Eligibility for Overdraft Coverage is determined by SoFi Bank in its sole discretion. Members can check their enrollment status, if eligible, at any time by logging into their account through the SoFi app or on the SoFi website.
8. 0.70% Savings APY Boost
Earn up to 4.30% Annual Percentage Yield (APY) on SoFi Savings with a 0.70% APY Boost (added to the 3.60% APY as of 11/12/25) for up to 6 months. Enroll in SoFi Plus between 9/18/25 and 1/31/26. Rates variable, subject to change. Terms apply at sofi.com/sofi-plus SoFi Bank, N.A. Member FDIC.
Earn 4.00% APY* with Barclays' Tiered Savings Account
- $0 Min. Balance to Earn APY on Barclays' Tiered Savings
- No Monthly Maintenance Fees
- Easy Direct Deposits & Online Transfers
- Deposits are FDIC Insured
*Rate as of 11/19/2025
* Barclays Tiered Savings Annual Percentage Yields (APYs) are accurate as of 01/13/2025 and may change at any time without prior notice, before or after the account is opened. The APYs are determined by the Balance Tiers (Tiers) and the amount deposited. The same rate may apply to multiple Tiers and Tiers may change without notice. APY is calculated based on the Tier into which the end of day account balance falls. Fees could reduce the earnings on the account. No minimum balance to open, but for interest to post to your account you must maintain a minimum balance that would earn you at least $0.01. Please see the Compare Account Page for current Tier and APY information. The APY for the Barclays Tiered Savings account for balance tiers greater than $250,000 are currently 10X the national average of 0.46% APY, based on the national average of savings account rates published in the FDIC's National Rates and Rate Caps, accurate as of 09/16/2024.
Earn 3.75% APY* with Platinum Savings
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With a Balance of $5,000 or More*
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Earn 0.25% APY with a Balance of Less than $5k*
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$100 Minimum Deposit to Open Account
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No Account Opening or Monthly Service Fees
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CIT Bank Account is FDIC Insured
*For complete list of account details and fees, see our Personal Account disclosures
1 Platinum Savings is a tiered interest rate account. Interest is paid on the entire account balance based on the interest rate and APY in effect that day for the balance tier associated with the end-ofday account balance. *APYs — Annual Percentage Yields are accurate as of November 20, 2025: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Interest Rates for the Platinum Savings account are variable and may change at any time without notice. The minimum to open a Platinum Savings account is $100.
2 Based on comparison to the national average Annual Percentage Yield (APY) on savings accounts as published in the FDIC National Rates and Rate Caps, accurate as of November 17, 2025.
Enjoy hassle-free banking and earn 4.20% APY* with no more hidden fees.
- Enjoy free monthly maintenance
- Watch your savings grow with daily compounded interest.
- Deposit anytime, anywhere with unlimited mobile check deposits.
- Deposits are FDIC-insured up to $250,000
*Rate as of 10/10/2025
The Keystone State is one of the largest states in the country based on its population. As a result, there is a vast variety of financial institutions operating within the state — approximately 150 banks and credit unions in operation as of 2024.
Money researched account offerings, annual percentage yields (APYs) and fees of leading institutions to determine the best banks and credit unions in Pennsylvania for 2024-2025:
- PNC - Best Overall
- Fulton Bank - Best Customer Satisfaction
- Huntington Bank - Best for Money Market Accounts
- M&T Bank - Best for Checking Accounts
- Pennsylvania State Employees Credit Union - Best Credit Union
*Rates and APYs are subject to change. All information provided was accurate as of Oct. 8, 2024.
Best Overall: PNC
With its headquarters in Pittsburgh and 250 branches in the Keystone State, PNC offers Pennsylvanians a variety of deposit accounts with low fees and deposit minimums, and customers can benefit from the bank's promotional APYs on CDs to grow their money. PNC Bank is highly rated for customer service; J.D. Power ranked PNC third out of 15 banks for the state in the J.D. Power U.S. Retail Banking Satisfaction Study.
The downside? PNC's rates tend to be on the lower end for its savings accounts, and rates vary by ZIP code, so not everyone will qualify for its best rates.
- Higher-than-average APYs for CDs
- Broad branch and ATM access
- High customer satisfaction ratings
- Relatively low APY on savings accounts
- Rates vary by ZIP code
Best Customer Satisfaction: Fulton Bank
For those who prefer building a relationship with a local bank, Fulton Bank is a good choice. It has hundreds of branches in Pennsylvania and offers a variety of customer support options, including in-person appointments, secure messaging and phone. It also has a powerful mobile app you can use to manage your money.
The bank has several account options, including interest-bearing checking accounts, and a relatively rare rewards program that allows you to earn rewards on debit card purchases. Although Fulton Bank has a strong presence in the state, it recently announced it was closing several branches, so it may not be as accessible in Pennsylvania as it once was.
- Hundreds of branches in Pennsylvania
- Offers rewards on checking accounts
- Powerful mobile app
- Recently announced the closure of some branches
- Money market accounts have high deposit requirements
Best for Money Market Accounts: Huntington Bank
When it comes to money market accounts — a useful tool for building your savings — Huntington Bank offers accounts with significantly higher-than-usual APYs. Additionally, as long as you have a Huntington Bank checking account, there is no monthly fee. The bank operates physical branches in Pennsylvania, and it's the top-rated bank for customer satisfaction for the state in the J.D. Power U.S. Retail Banking Satisfaction Study.
You must have a Huntington Bank checking account to qualify for a money market account, and the account only earns the higher APY once you reach a balance of $25,000 or more.
- No monthly fees
- Much higher-than-usual APYs on money market accounts
- Top-ranked for customer satisfaction
- Must have a Huntington Bank checking account
- Only earns interest if you maintain a balance of $25,000
Best for Checking Accounts: M&T Bank
With many banks, there's a fee to have a checking account. Even if a bank offers monthly fee waivers, you have to meet balance or deposit requirements to qualify. By contrast, M&T Bank offers completely free checking options without any fees or balance requirements. M&T Bank operates hundreds of branches, and it has a broad ATM network, making it easy to access your money when you need it.
However, M&T Bank has limited CD terms, and it doesn't disclose its APYs online for its savings accounts or CDs.
- Checking accounts without monthly fees or balance requirements
- Extensive branch and ATM network
- Low opening deposit requirement
- Limited CD terms
- Doesn't disclose APYs online
Best Credit Union: Pennsylvania State Employees Credit Union
Pennsylvania State Employees Credit Union, or PSECU, is a state-charted credit union in Pennsylvania offering bank accounts with low fees and higher-than-average APYs on some accounts. With its low-cost checking account, you can even earn cash back rewards on debit card purchases. With PSECU, you can earn interest on your checking account balance, and it offers substantially higher-than-average rates on share certificates — the credit union version of a CD — for certain terms.
Unfortunately, not everyone is eligible for PSECU membership. To qualify, you must work for a Pennsylvania college or university, work for a partnering employer or be related to a current member. There is a workaround; you can join if you become a member of the Pennsylvania Recreation and Parks Society or the Pennsylvania Consumer Council, but becoming a member of those organizations may require an additional fee.
- Cash back rewards on debit purchases
- Interest-bearing checking
- High APYs on share certificates
- Relatively low APYs on savings accounts
- Not everyone qualifies for membership
Compare Savings Accounts rates today
Up to 2-day-early paycheck
Earn up to 4.30% APY*
- Limited Time Offer - New accounts earn a 0.70% APY boost to 4.30% for up to 6 months with eligible direct deposit*
- $0 min. balance to earn APY
- Open Checking & Savings Accounts with 1 Sign Up
- Up to 2-Day-Early Paycheck3
- FDIC Insured up to $250k plus up to $3M in supplemental insurance4
- No Account Fees5 & No-fee Overdraft Coverage6
*Terms Apply
No monthly maintenance fees
- $0 Min. Balance to Earn APY on Barclays' Tiered Savings
- No Monthly Maintenance Fees
- Easy Direct Deposits & Online Transfers
- Deposits are FDIC Insured
*Rate as of 11/19/2025
Open an account in 5 minutes
- With a Balance of $5,000 or More*
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Earn 0.25% APY with a Balance of Less than $5k*
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$100 Minimum Deposit to Open Account
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No Account Opening or Monthly Service Fees
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CIT Bank Account is FDIC Insured
No hidden fees
Enjoy hassle-free banking and earn 4.20% APY* with no more hidden fees.
- Enjoy free monthly maintenance
- Watch your savings grow with daily compounded interest.
- Deposit anytime, anywhere with unlimited mobile check deposits.
- Deposits are FDIC-insured up to $250,000
*Rate as of 10/10/2025
How we chose the Best Banks of 2024-2025
To determine our list of best banks for 2024-2025, Money evaluated hundreds of the largest retail banks, credit unions, regional and state banks and online banks ranked by assets. We then compared opening balance requirements, interest paid, fees and features to determine our top picks.
The best banks and credit unions in Pennsylvania were selected based on the account options they offer, their APYs, minimum deposit requirements, fees and customer satisfaction ratings. We prioritized banks with a broad network of branches and ATMs, and multiple customer service contact options.
You can read our full methodology here.