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Banks The Best Bank for Seniors  

Business and Company Info
250 votes 230 voters 4.8k views

The best banks for seniors will help them manage their retirement funds and much more. Banks and credit unions have different criteria for setting up a senior account. In some banks, age 50+ qualifies for a senior account; at other banks, 65 is the minimum age. The top banks for senior citizens offer lots of benefits, in addition to free or low-cost checking. Many offer high-interest senior accounts, low deposit requirements for free checking, free money orders, cashier’s checks, and wire transfers, free notary services, discount brokerage accounts for seniors, free deposit boxes, and free foreign transactions for seniors.

Since many seniors spend their retirement years traveling, the best banks for senior checking often offer online banking services, for easy access anywhere in the world. Other benefits for the include: discounted travel planning and travel insurance, free or discounted traveler’s checks, and emergency funds in case of a lost or stolen wallet. Free senior checking is common at most banks, but you can really do yourself a favor by shopping additional benefits and looking for a senior account with no hidden fees. Best choices in senior bank accounts vary by user preference.  

If you’re comfortable using online banking services, you’ll find lots of convenient and time-saving features like photo deposit, online billpay, automatic bill pay, and online transfers. Many credit unions also offer online gift card shopping, so you can send gifts from your computer or smartphone, without ever going near the mall! If you’re less comfortable with online banking, be sure to look for a bank with plenty of branches and ATM locations near you. 

Make sure to vote for your favorite bank that caters to seniors below, and add any we might have missed to this list. 

list ordered by

1
46 23
BB&T is listed (or ranked) 1 on the list The Best Bank for Seniors
Finance, Insurance Carriers, National Commercial Banks

2
12 4
TD Banknorth is listed (or ranked) 2 on the list The Best Bank for Seniors

3
20 13
PNC Bank is listed (or ranked) 3 on the list The Best Bank for Seniors

4
9 3
M&T Bank is listed (or ranked) 4 on the list The Best Bank for Seniors
State Commercial Banks, Financial Services

5
12 7
U.S. Bancorp is listed (or ranked) 5 on the list The Best Bank for Seniors
Financial Services, National Commercial Banks

6
4 0
First National Bank of Pennsyl... is listed (or ranked) 6 on the list The Best Bank for Seniors
First National Bank of Pennsylvania

7
6 3
Valley National Bank is listed (or ranked) 7 on the list The Best Bank for Seniors
Finance, Insurance Carriers, Financial Services

8
5 2
Ally Bank is listed (or ranked) 8 on the list The Best Bank for Seniors
Bank

9
3 0
Cascade Bank is listed (or ranked) 9 on the list The Best Bank for Seniors
Cascade Bank

10
4 2
Huntington Bancshares is listed (or ranked) 10 on the list The Best Bank for Seniors
Financial Services, National Commercial Banks

11
3 1
Synovus Bank is listed (or ranked) 11 on the list The Best Bank for Seniors
Synovus Bank

12
3 1
Amegy Corp is listed (or ranked) 12 on the list The Best Bank for Seniors
Amegy Corp

13
3 1
Barclays Investment Bank is listed (or ranked) 13 on the list The Best Bank for Seniors
Finance, Investment banking

14
2 0
First Chicago Bank is listed (or ranked) 14 on the list The Best Bank for Seniors
First Chicago Bank

15
5 4
Capital One Bank (USA) Nationa... is listed (or ranked) 15 on the list The Best Bank for Seniors

16
3 2
Alliance Bank & Trust Co is listed (or ranked) 16 on the list The Best Bank for Seniors
Alliance Bank & Trust Co

17
3 2
Sandy Spring Bank is listed (or ranked) 17 on the list The Best Bank for Seniors
Sandy Spring Bank

18
2 1
East West Bank is listed (or ranked) 18 on the list The Best Bank for Seniors
State Commercial Banks, Financial Services

19
2 1
Zions Bancorporation is listed (or ranked) 19 on the list The Best Bank for Seniors
Financial Services, National Commercial Banks

20
1 0
MUFG Union Bank is listed (or ranked) 20 on the list The Best Bank for Seniors

21
1 0
STATE STREET BANK & TRUST CO is listed (or ranked) 21 on the list The Best Bank for Seniors

22
2 2
FIRST CITIZENS BANK & TRUST CO is listed (or ranked) 22 on the list The Best Bank for Seniors

23
2 2
People's United Bank is listed (or ranked) 23 on the list The Best Bank for Seniors

24
0 0
Valley Bank South Dakota is listed (or ranked) 24 on the list The Best Bank for Seniors
Valley Bank South Dakota

25
0 0
Gate City Bank is listed (or ranked) 25 on the list The Best Bank for Seniors
Gate City Bank Financial Services

26
6 7
Bank of the West is listed (or ranked) 26 on the list The Best Bank for Seniors

27
0 1
Great Western Bank is listed (or ranked) 27 on the list The Best Bank for Seniors
Great Western Bank

28
0 1
First National Bank Kansas is listed (or ranked) 28 on the list The Best Bank for Seniors
First National Bank Kansas

29
1 3
RBC Bank (USA) is listed (or ranked) 29 on the list The Best Bank for Seniors
RBC Bank (USA) State Commercial Banks, Commercial Banking

30
0 4
Florida Credit Union is listed (or ranked) 30 on the list The Best Bank for Seniors
Florida Credit Union