Best banks in California in 2026

California boasts a diverse range of banking options, from major banks like Chase Bank to credit unions such as Patelco Credit Union and Golden 1 Credit Union. Online-focused Ally Bank also offers competitive rates. Choosing the best bank depends on individual needs and priorities.

Chase Bank earned first place in J.D. Power's 2025 Retail Banking Satisfaction Survey for California, outranking U.S. Bank. The bank features hundreds of branches throughout the state and several convenient services like mobile banking, multiple ATM locations, and an affordable overdraft policy.

Patelco Credit Union, with over 500,000 members nationwide and 35 branches in California, offers a variety of deposit accounts. Its certificate terms have accessible minimum balances and competitive yields, though some rates are lower than competitors. Membership is open to anyone living or working in northern California or affiliated with certain businesses.

Golden 1 Credit Union is California's largest credit union by assets, with 70 branches and 24/7 support via phone. Membership is open to anyone residing or working in California, along with their immediate family and registered domestic partners. The credit union provides CDs, savings accounts, checking accounts, and money market accounts, with above-average CD rates and a free checking account option. However, some rates are unimpressive.