Which Banks Are The Largest In Texas?

Texas is a state located in the southern part of America, and its population is about 26,956,958 people. Texas is bordered by such states as New Mexico, Oklahoma, Louisiana, Arkansas and is surrounded by the Gulf of Mexico on the one side.

Texas is a very large state, which ranks second in population after California. Texas is developed in almost all sectors of the economy, especially in agriculture, education, medicine, oil, the gas industry, as well as in the financial sector and the banking sector.

Let us consider providers of banking services in Texas. One can count approximately 520 local as well as national banks which offer their numerous banking services to all the Texas citizens. We would like to take a little closer look at the most popular and the largest banks located in Texas.

1. JP Morgan Chase Bank

JP Morgan Chase Bank is the largest American bank. JP Morgan Chase Bank provides commercial financial services to both corporations and smaller companies, as well as to individuals. These services include both settlement banking as well as investment management and expert advice. One can count 570 branches of this bank located in 127 cities in Texas.

2. Bank of America

Bank of America is a company which provides multinational financial services and was founded in the U.S. The company is serving a wide range of clients from individuals to major corporations and even governments. Bank of America operates in five main areas, which are: banking services for clients and companies, real estate services, global banking, global markets and investment management. In Texas, you can find 368 offices of this bank in 111 cities.

3. Wells Fargo

Wells Fargo is an American multinational corporation which provides services in banking and insurance, and its headquarters can be found in San Francisco, California. It takes the fourth place among the largest bank in the U.S. by asset size and it is the largest bank by market capitalization. Wells Fargo is a massive financial structure that accumulates all the world experience in commercial banking. In the state of Texas, there are approximately 609 offices of the bank located in 206 cities.

4. Comerica Bank

Comerica Bank is a company which provides different types of financial services. One can find its headquarters in Dallas, Texas and it is considered to be the largest commercial American bank located in this state. Comerica Bank also made it to the list of largest banks in the USA. One can find 122 offices of this bank located in 41 cities in Texas.

Of course, this is not a full list of large banks with their offices in Texas. As we have stated earlier, the state is well developed in the banking sector, and there are plenty of different banks to choose from, so it all comes to one’s needs. About a mail offer from CapitalOne bank you can read at getmyoffer.capitalone.com

About the author

Justin is a Certified Financial Planner with over 14 years of experience writing about personal finance. He has been the Banking and Loans Expert for The Balance (and prior to that, About.com) since 2005. He wrote in the Stocks section for About.com starting in 2003. Justin has worked for large financial firms and served in small credit unions, and he founded a fee-only financial planning practice, Approach Financial Planning in Montrose, Colorado.

Justin Ppritchard

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