17 Best Banks in Missouri

1. Chase

Chase runs 45 branches in Missouri, and it will pay you $400 to open a checking account. That is the largest new-checking bonus any major bank is offering right now, and it is money most Missourians leave on the table by keeping the account they opened years ago.

Here is the entire requirement. Open a new Total Checking account, then have $1,000 or more in qualifying direct deposits arrive within 90 days of enrolling in the offer. It is cumulative, so two or three ordinary paychecks clear it, and the bonus is paid within 15 days of you meeting the requirement. The $15 monthly service fee drops to $0 in any statement period with $500 or more in qualifying electronic deposits, a $1,500 daily beginning balance, or $5,000 in average beginning day balance across linked accounts. One trap to know: Zelle, cash, checks, wires and interest do not count toward either number.

Past the bonus, the footprint is the argument. 45 Missouri branches plus 5,000+ branches and 14,000+ ATMs nationwide means you can deposit cash near home and still use the account anywhere you travel. Zelle is built in, the mobile app is well rated, and you can add a Chase savings account or credit card later under the same login.

The catch worth naming: the bonus is only open to people who are not already Chase checking customers, and you can collect one new-checking bonus every two years. It is reported to the IRS on a 1099-INT. If that fits you, open a Total Checking account and route your paycheck to it.

If you want the biggest checking bonus on the market alongside a real Missouri branch network, claim the $400 with Chase here.

2. Current

A Kansas City rent payment and a car repair rarely arrive in a helpful order. The gap between when a bill is due and when your paycheck lands is where most budgets actually break, and it is the specific problem Current is built for.

The signup math is simple. Open an account with promo code WELCOME75 and get $75 once your Eligible Payroll Deposits total $1,500 or more in your first 35 days. It is cumulative rather than one big deposit, it is new customers only, and the cash arrives about 10 business days after you cross the line. Recurring wages from an employer, a payroll provider or a government payer count. Non-direct-deposit ACH transfers, Venmo, Cash App, Zelle, PayPal, Google Pay, mobile check deposits, cash and one-off deposits such as a tax refund do not.

The feature that earns its keep after the bonus is Paycheck Advance, which lets you draw up to $1,000 of pay before payday and is offered by Finco Advance LLC rather than a bank. There is no monthly fee on the account, and the whole thing opens from your phone, which is the point in a state where the nearest branch may not be convenient.

One thing to be clear about, because it is routinely written up wrong: Current is a financial technology company, not a bank. Banking services come from Choice Financial Group and/or Cross River Bank, both Member FDIC, so deposit insurance reaches you on a pass-through basis up to $250,000 and depends on those conditions being met. If that structure is fine with you, open an account with code WELCOME75 and claim the $75.

3. Wells Fargo

Missourians can rely on Wells Fargo for its dependable services and $325 bonus for new customers.

With branches and ATMs across Kansas City, St. Louis, and Springfield, Wells Fargo provides easy access to your money.

Open an Everyday Checking account with $25, meet the $1,000 direct deposit requirement within 90 days, and the bonus is yours. Wells Fargo also offers 24/7 fraud monitoring and secure online tools.

4. Arsenal Credit Union

Arsenal Credit Union offers a diverse range of banking options, including four distinct checking accounts: 

• Totally Free Checking
• Value Checking
• Advantage Plus Checking
• Business Checking

One of the standout offerings is the Totally Free Checking account, which stands out due to its lack of fees or minimum balance requirements. This account provides members with a fee-free and hassle-free banking experience.

Arsenal Credit Union has branch locations in Arnold and St. Louis, ensuring convenient access to its services. To become a member, individuals must live or work in Jefferson County, St. Louis County, or St. Louis City. 

Eligibility also extends to those employed with select companies or individuals with family members who have already joined the credit union. Arsenal Credit Union also offers various credit union promotions, including special incentives, benefits, or rewards that members can enjoy, further enhancing the banking experience.

5. Bank of Missouri

Bank of Missouri offers three checking accounts, one earning an impressive APY that competes with the best digital banks. Of the two remaining checking accounts, one earns you cashback for debit card purchases, while the other offers monthly refunds on iTunes, Amazon, or Google Play purchases. 

None of these checking accounts have monthly fees. You can get up to $25 back in ATM refunds and take advantage of competitive CD rates with Bank of Missouri.  

6. Belgrade State Bank

Belgrade State Bank is a local financial institution that offers a range of banking services, including checking and savings accounts, business banking options, and personal loans. While it has limited ATMs and branches compared to larger banks, it strives to provide convenient and accessible services to its customers.

One of the notable features of Belgrade State Bank is its out-of-network ATM fee policy. Customers are only charged $1 when using an ATM outside the bank’s network.

The bank offers a fee-free checking account for businesses that includes 1,000 items per month. After reaching this limit, 25 cents per item is charged. 

Additionally, the bank does not impose any minimum balance requirements, providing flexibility for businesses of all sizes. Belgrade State Bank also caters to individuals by offering competitive rates on personal loans. 

The bank has a low minimum opening deposit requirement of $50, making it accessible to many customers. Customers who prefer a simple and cost-effective banking experience can benefit from Belgrade State Bank’s free checking account option, provided they enroll in eStatements. 

7. Central Bank of Kansas City

The Central Bank of Kansas City operates with two locations in the Kansas City area. It offers three checking account options: eBanking, Blue Basic, and Premier Checking.

A minimum balance of $1,000 is required to waive the monthly fee. However, the Premier Checking account also necessitates a $1,000 minimum balance. 

On the other hand, the eBanking and Blue Basic accounts only require a minimum deposit of $100, making them more accessible to customers with lower initial funds. Monthly fees for these accounts range from $7 to $10, depending on the specific account and whether the account balance falls below $1,000. 

In addition to the branch locations, the Central Bank of Kansas City emphasizes the importance of digital banking services. Through its eBanking option, customers can access their accounts online, offering convenient and efficient management of their finances. 

8. Commerce Bank

Commerce Bank is a community-oriented financial institution with a strong presence throughout the Kansas City area and branches in 10 other states. The bank offers comprehensive services, including checking and savings accounts, loans, and CDs.

With the CONNECT app, Commerce Bank provides a convenient chat feature that allows customers to communicate with bank representatives. This user-friendly app is among the best banking apps available.

The bank’s free account option includes mobile banking. However, it is important to note that the interest rates offered on savings accounts and CDs by Commerce Bank are relatively low.

For customers seeking a fee-free checking account, Commerce Bank offers the Commerce Free Checking option. This account requires a minimum deposit of $25 to open and does not charge a monthly fee. 

In addition, the bank provides Popmoney person-to-person (P2P) transfers, allowing convenient and secure money transfers between individuals.

9. First Midwest Bank

First Midwest Bank, originally founded in Poplar Bluff, has expanded its presence. You can find First Midwest Bank branches and ATMs in:

• Poplar Bluff
• Columbia
• Greenville
• Piedmont
• Puxico
• Van Buren
• Williamsville 

This bank offers a unique perk of earning 10 cents cashback for each debit card swipe. Recently, First Midwest Bank merged with Old National Bank. 

First Midwest Bank provides a wide variety of account options to suit the diverse needs of its customers. With most bank accounts, customers can enjoy having no monthly fees, contributing to a cost-effective banking relationship. 

Whether individuals are looking for basic checking or savings accounts or more specialized banking products, the bank offers a range of choices to meet their preferences. The bank requires a minimum deposit of $50 to open an account. 

10. First State Community Bank

First State Community Bank boasts an extensive network of 50 branches throughout Missouri. The bank offers free access to the MoneyPass ATM network but requires opening deposits for most of its checking accounts.

This bank’s basic account option is the Free eChecking account, providing customers with a straightforward, no-cost banking solution. By signing up for electronic statements, customers can avoid monthly fees.

First State Community Bank also offers a unique feature to boost savings: round-up debit transactions. With this feature, customers can automatically round up their debit card transactions to the nearest dollar and transfer money to their savings account. 

11. Great Southern Bank

Great Southern Bank, headquartered in Springfield, operates branches across several states, including:

• Missouri
• Arkansas
• Iowa
• Kansas
• Minnesota
• Nebraska

The bank offers various checking account options to cater to different needs. Among these options is a free basic checking account that provides customers with a simple, cost-effective banking solution. 

In addition, three checking accounts have a minimum opening deposit requirement of just $25. Great Southern Bank also offers a second-chance checking account which requires a $25 minimum opening deposit.

Great Southern Bank is part of the Allpoint ATM network. In addition to its checking account options, Great Southern Bank offers competitive rates on personal loans. 

12. Mid-Missouri Bank

Mid-Missouri Bank is renowned as an excellent choice for consumers and small business owners, offering various banking services. With 14 branches throughout the state, the bank provides convenient access to its services for customers across the region.

When it comes to checking accounts, Mid-Missouri Bank stands out for offering some of the best checking accounts in the market. They provide two options, each tailored to different needs. 

One account offers a decent APY, allowing customers to earn interest on their balances. The other account provides cashback on purchases, providing a unique and rewarding banking experience. 

Mid-Missouri Bank also offers competitive rates on personal loans and home equity lines of credit (HELOCs). While their personal loan rates and HELOC rates are competitive, it’s worth noting that Mid-Missouri Bank’s rates for savings accounts are below average. 

13. Missouri Credit Union

Missouri Credit Union offers a second-chance checking account called Smart Start Checking. This account requires a $25 deposit but does not have any monthly fees or minimum balance requirements.

While mobile banking is available, this service has a nominal monthly charge of $1. Similarly, a $1 monthly fee applies to using a debit card associated with the account. 

Becoming a member of Missouri Credit Union is open to individuals who live or work in the following counties:

• Audrain
• Boone
• Callaway
• Cole 
• Cooper
• Howard
• Miller
• Moniteau 
• Osage
• Randolph

Missouri Credit Union also extends membership to those who have a family member already enrolled as a member. Eligibility also extends to employees of the State of Missouri or individuals employed by specific cities such as: 

• Branson
• Camdenton
• Canton
• Kirksville
• Marceline
• Nevada
• Osage Beach City

Missouri Credit Union has branch locations in Jefferson City and Columbia.

14. Simmons Bank

Simmons Bank maintains a widespread branch network across the state, ensuring convenient customer access to its services. The bank offers a variety of financial products, including checking and savings accounts, catering to different banking needs.

To enhance accessibility, Simmons Bank provides fee-free cash withdrawals from MoneyPass ATMs. One notable offering from Simmons Bank is its fee-free checking account. 

This account does not impose any minimum balance requirements or require an opening deposit, making it an accessible and hassle-free option for customers. Simmons Bank also strives to provide competitive rates on CDs.

15. UMB Bank

Compared to the best national banks, UMB Bank is one of Missouri’s longest-running financial institutions with a history of over 100 years. While its roots are deep in Missouri, UMB Bank has expanded its footprint with branches in Colorado, Illinois, Kansas, Oklahoma, Nebraska, Arizona, and Texas.

UMB Bank offers a fee-free checking account, providing customers with a cost-effective banking solution. However, it’s worth noting that a minimum deposit is required for all checking accounts, ensuring that customers have a stake in their banking relationship.

UMB Bank offers competitive rates on CDs for those looking to save and invest. While UMB Bank excels in many areas, it’s important to mention that their savings accounts may offer a lower APY. 

16. United Credit Union

United Credit Union offers a second chance checking account called Restore Checking, specifically designed to allow individuals to rebuild their banking history. This account comes with a $10 monthly fee, but it also includes free online banking, a debit card, and bill pay services, ensuring convenient access to essential banking features.

Account holders must maintain a positive balance in their Restore Checking account for at least six consecutive months. Once this condition is met, they become eligible for transfer to a standard checking account.

You can join United Credit Union if you live or work in the following counties: 

• Adair
• Audrain
• Boone
• Callaway
• Chariton
• Howard
• Lincoln
• Linn
• Macon
• Marion
• Monroe
• Montgomery
• Pike
• Ralls
• Randolph
• Shelby

United Credit Union has branch locations in Mexico, Vandalia, Moberly, Troy, Columbia, and Fulton.

17. Central Bank of the Ozarks

Central Bank of the Ozarks is a community bank that prides itself on delivering personalized service to its customers. With a focus on both personal and business banking, the bank provides a comprehensive range of financial services tailored to individuals and small businesses alike.

Central Bank of the Ozarks offers specialized bank accounts, loans, and credit cards for small businesses. One standout feature is the MaxMoney® Checking account. 

This account not only provides basic checking account features but also offers additional benefits. These include access to credit scores, gift cards, credit monitoring services, shopping rewards, insurance options, and gas savings. 

While this account has an $8.95 monthly fee, the added perks can prove valuable to customers who take advantage of the various benefits. In terms of savings, Central Bank of the Ozarks provides a classic savings account that earns a decent APY. 

To enhance convenience, the bank offers mobile and online banking services. Central Bank of the Ozarks also provides CDs as an investment option.