10 Safest Banks Holding Most of Your Cash
Weiss Safety Ratings (banks, credit unions and insurance companies) represent our opinion of the financial well-being of an institution. The higher the rating, the more likely the business will remain financially stable in good times or bad. They are designed to help consumers find the best institutions to entrust with their hard-earned savings and retirement money and to provide financial security.
When you are looking for a safe place for your cash, you could do a lot worse than these large safe banks that already have a lot of deposits. Of course, you would need to look into whether they meet your other requirements as well.
Charles Schwab Bank takes the top spot on our recommended list, with over $137 billion in total deposits from its customers. The other better known names such as, Morgan Stanley Bank, NA, Goldman Sachs Bank USA, and Key Bank, NA are also on the list with at least $78 billion in deposits.
Recommended Banks with Largest Deposits
(In descending order by the total deposits)
The entire recommended list contains over 1,500 banks with a Weiss safety rating of B+ or higher. You may further sort the list by bank name, city, state, total assets or rating. Simply click on the header and make your selection.