50 Longest-Running Banks You Can Count On in Every State
Historic banks fell like dominoes during the Great Recession. The Federal Deposit Insurance Corporation (FDIC) closed more than 450 banks as a result of the 2008 financial crisis, including Washington Mutual, the largest bank failure in United States history. But while many storied institutions became victims of the market turmoil, some kept right on ticking and have been for hundreds of years.
If you’re looking for a trusted bank to keep your money in for years to come, look no further. GOBankingRates has uncovered the longest continuously running banks in America. Most of the companies listed predate ATMs, credit cards and the Federal Reserve. Three banks were founded before the New York Stock Exchange was created. And some of the companies you’ll find here are even older than the states they are headquartered in. But there are also a few that are barely older than PayPal (looking at you, State Bank of Arizona).
GOBankingRates combed through the FDIC’s Institution Directory and Deposit Market Share Reports to determine the longest-running banks headquartered in each state. To be eligible for the list, banks could not be a subsidiary of another institution. If a bank had merged with another company, its headquarters were required to remain within the same state. The results are compiled chronologically, starting with Rhode Island’s Washington Trust Company, of Westerly — founded all the way back in 1800. We’ve also included how much the banks have in total assets and the number of branches each bank runs inside their home state.
The Washington Trust Company, of Westerly
State: Rhode Island
Founded: 1800
Total assets: $5,188,883,000
Number of branches in state: 23
PNC Bank, National Association
State: Delaware
Founded: 1804
Total assets: $393,267,250,000
Number of branches in state: 40
Citibank, National Association
State: South Dakota
Founded: 1812
Total assets: $1,459,623,000,000
Number of branches in state: 2
Institution for Savings in Newburyport and Its Vicinity
State: Massachusetts
Founded: 1820
Total assets: $3,595,915,000
Number of branches in state: 16
JPMorgan Chase Bank, National Association
State: Ohio
Founded: 1824
Total assets: $2,354,812,000,000
Number of branches in state: 259
Liberty Bank
State: Connecticut
Founded: 1825
Total assets: $5,270,083,000
Number of branches in state: 55
Saco & Biddeford Savings Institution
State: Maine
Founded: 1827
Total assets: $1,024,313,000
Number of branches in state: 8
Bank of New Hampshire
State: New Hampshire
Founded: 1831
Total assets: $1,719,344,000
Number of branches in state: 27
The National Bank of Middlebury
State: Vermont
Founded: 1831
Total assets: $369,065,000
Number of branches in state: 7
Chemung Canal Trust Company
State: New York
Founded: 1833
Total assets: $1,748,070,000
Number of branches in state: 30
Bank of Maysville
State: Kentucky
Founded: 1835
Total assets: $127,298,000
Number of branches in state: 3
The Honesdale National Bank
State: Pennsylvania
Founded: 1836
Total assets: $696,312,000
Number of branches in state: 12
Provident Bank
State: New Jersey
Founded: 1839
Total assets: $993,306,000
Number of branches in state: 81
The First Bank of Alabama
State: Alabama
Founded: 1848
Total assets: $552,910,000
Number of branches in state: 7
Comerica Bank
State: Texas
Founded: 1849
Total assets: $72,406,000,000
Number of branches in state: 126
Burke & Herbert Bank & Trust Company
State: Virginia
Founded: 1852
Total assets: $2,940,620,000
Number of branches in state: 25
Connection Bank
State: Iowa
Founded: 1854
Total assets: $307,120,000
Number of branches in state: 6
Exchange Bank & Trust
State: Kansas
Founded: 1856
Total assets: $34,391,000
Number of branches in state: 8
Root River State Bank
State: Minnesota
Founded: 1856
Total assets: $68,632,000
Number of branches in state: 1
Central Bank of Boone County
State: Missouri
Founded: 1857
Total assets: $2,049,146,000
Number of branches in state: 16
First National Bank of Omaha
State: Nebraska
Founded: 1857
Total assets: $21,357,028,000
Number of branches in state: 58
Baraboo State Bank
State: Wisconsin
Founded: 1857
Total assets: $370,864,000
Number of branches in state: 8
First Hawaiian Bank
State: Hawaii
Founded: 1858
Total assets: $20,526,147,000
Number of branches in state: 53
The First National Bank of Litchfield
State: Illinois
Founded: 1860
Total assets: $103,541,000
Number of branches in state: 2
First Financial Bank, National Association
State: Indiana
Founded: 1863
Total assets: $2,969,040,000
Number of branches in state: 33
First Tennessee Bank, National Association
State: Tennessee
Founded: 1864
Total assets: $41,988,700,000
Number of branches in state: 164
Bank of Stockton
State: California
Founded: 1867
Total assets: $3,185,723,000
Number of branches in state: 19
The Bank of Holly Springs
State: Mississippi
Founded: 1869
Total assets: $232,469,000
Number of branches in state: 5
Baker-Boyer National Bank
State: Washington
Founded: 1869
Total assets: $581,645,000
Number of branches in state: 7
Jefferson Security Bank
State: West Virginia
Founded: 1869
Total assets: $313,432,000
Number of branches in state: 5
First State Bank of Decatur
State: Michigan
Founded: 1870
Total assets: $52,198,000
Number of branches in state: 1
Arvest Bank
State: Arkansas
Founded: 1871
Total assets: $19,259,475,000
Number of branches in state: 125
The Geo. D. Warthen Bank
State: Georgia
Founded: 1871
Total assets: $182,905,000
Number of branches in state: 1
Branch Banking and Trust Company
State: North Carolina
Founded: 1872
Total assets: $223,086,000,000
Number of branches in state: 292
BayVanguard Bank
State: Maryland
Founded: 1873
Total assets: $299,535,000
Number of branches in state: 8
Zions Bancorporation, N.A.
State: Utah
Founded: 1873
Total assets: $70,064,730,000
Number of branches in state: 102
The First National Bank in Trinidad
State: Colorado
Founded: 1875
Total assets: $25,303,000
Number of branches in state: 4
The Goose River Bank
State: North Dakota
Founded: 1881
Total assets: $116,480,000
Number of branches in state: 3
Bank of The Rockies, National Association
State: Montana
Founded: 1883
Total assets: $1,804,152
Number of branches in state: 7
Eureka Homestead
State: Louisiana
Founded: 1884
Total assets: $110,345,000
Number of branches in state: 1
First Northern Bank of Wyoming
State: Wyoming
Founded: 1885
Total assets: $366,675,000
Number of branches in state: 3
First National Bank and Trust Company of Ardmore
State: Oklahoma
Founded: 1889
Total assets: $551,373,000
Number of branches in state: 11
Southwest Capital Bank
State: New Mexico
Founded: 1890
Total assets: $3,874,000
Number of branches in state: 6
Ireland Bank
State: Idaho
Founded: 1892
Total assets: $99,972,000
Number of branches in state: 14
Spratt Savings Bank
State: South Carolina
Founded: 1893
Total assets: $119,636,000
Number of branches in state: 2
Pictured: This a representational image of Columbia, South Carolina, which is the closest major city to the Spratt Savings Bank headquarters.
Capital City Bank
State: Florida
Founded: 1907
Total assets: $2,994,817,000
Number of branches in state: 51
The First National Bank of Ely
State: Nevada
Founded: 1907
Total assets: $103,653,000
Number of branches in state: 1
Clackamas County Bank
State: Oregon
Founded: 1911
Total assets: $228,705,000
Number of branches in state: 4
First National Bank Alaska
State: Alaska
Founded: 1922
Total assets: $3,762,718,000
Number of branches in state: 28
State Bank of Arizona
State: Arizona
Founded: 1991
Total assets: $678,511,000
Number of branches in state: 10
More From GOBankingRates
Photo Disclaimer: Images are for representational purposes only and may not reflect the banks listed in the article.
Methodology: GOBankingRates examined the Federal Deposit Insurance Corporation’s Institution Directory and Deposit Market Share Reports – Summary of Deposits to determine the oldest continuously run banks in each state. To be included on this list, banks had to be headquartered in their respective states, could not be a subsidiary of a fellow institution, and, if they had merged with another institution, the bank’s headquarters had to have remained within the state. The FDIC data is accurate as of June 30, 2019, and was collected on Sept. 23, 2019.
This article originally appeared on GOBankingRates.com: 50 Longest-Running Banks You Can Count On in Every State
