8 Best Banks in Nevada for 2023

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You don’t have to win big on the Las Vegas Strip to join the best banks in Nevada. Our list below includes everything you need to know about these local banks.

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Did you know that the average person has approximately five bank accounts? That’s quite a few accounts to keep track of, especially if those accounts have large sums of money in them. 

With the best banks in Nevada, having multiple accounts may be optional. Instead, you can use one or two accounts to manage your finances and work towards your goals. 

If you haven’t found a Nevada bank you like, our list of the best banks below includes several that offer superior services with plenty of products and services. These banks can help you open new financial doors. 

It’s common practice to find a bank account and stick with it for years. If you’re looking for a chance or want to see what’s out there, this article can help you find a new bank account that grows with you as you flourish. 

Are you ready to learn more about the best banks in Nevada? Let’s get started! 

Best Banks in Nevada

Based on our research, these are the best banks in Nevada for 2023.

Best Checking Accounts in Nevada

When searching for the best checking account in Nevada, you want to make sure you're getting the most out of it. That means keeping an eye out for low fees, great customer support, and easy access to free ATMs nearby.

And if you happen to find an account that also earns you some interest on your money, well, that's even better! So, keep these factors in mind as you explore your options and find the checking account that suits you best in Nevada.

Here are the details on our favorite checking accounts this month.

Best for liability protection
Best for cashback rewards
Best for APY
Best for mobile banking
Best for building credit
MMG Rating:
5.0
MMG Rating:
5.0
MMG Rating:
4.5
MMG Rating:
3.9
MMG Rating:
4.5
Monthly fee: $12
Monthly fee: $0
Monthly fee: $0
Monthly fee: $0
Monthly fee: $0
  • Bonus: $300
  • APY: N/A
  • Bonus: $300
  • APY: 3.30%
  • Bonus: $250
  • APY: 4.60%
  • Bonus: N/A
  • APY: 0.10%
  • Bonus: N/A
  • APY: N/A
Best for liability protection
MMG Rating:
5.0
Monthly fee: $12
  • Bonus: $300
  • APY: N/A
Best for cashback rewards
MMG Rating:
5.0
Monthly fee: $0
  • Bonus: $300
  • APY: 3.30%
Best for APY
MMG Rating:
4.5
Monthly fee: $0
  • Bonus: $250
  • APY: 4.60%
Best for mobile banking
MMG Rating:
3.9
Monthly fee: $0
  • Bonus: N/A
  • APY: 0.10%
Best for building credit
MMG Rating:
4.5
Monthly fee: $0
  • Bonus: N/A
  • APY: N/A

Best Savings Accounts in Nevada

The best savings accounts in Nevada have high annual percentage yields (APYs), allowing your money to grow more over time. Look for accounts with competitive APYs to make the most of your savings.

Here are the details on our favorite savings accounts this month.

Best for large balances
No monthly fees
Offers welcome bonus
Ease of use
No balance req.
APY: 5.00%
APY: 4.65%
APY: 4.60%
APY: 4.50%
APY: 4.40%
Minimum to Earn APY: $5,000
Minimum to Earn APY: $100
Minimum to Earn APY: $1
Minimum to Earn APY: $100
Minimum to Earn APY: $0
Bonus: N/A
Bonus: N/A
Bonus: $300
Bonus: N/A
Bonus: N/A
Best for large balances
APY: 5.00%
Minimum to Earn APY: $5,000
Bonus: N/A
No monthly fees
APY: 4.65%
Minimum to Earn APY: $100
Bonus: N/A
Offers welcome bonus
APY: 4.60%
Minimum to Earn APY: $1
Bonus: $300
Ease of use
APY: 4.50%
Minimum to Earn APY: $100
Bonus: N/A
No balance req.
APY: 4.40%
Minimum to Earn APY: $0
Bonus: N/A

Best Bank Promotions in Nevada

Bank account bonuses and promotions often offer attractive cash bonuses when you establish a new checking or savings account. If you're looking for the best bank bonuses in Nevada, it's important to note that these bonuses are typically awarded as one-time perks.

To be eligible for such rewards, you will typically need to arrange for direct deposit with the bank and maintain the account for a minimum duration, often a few months.

Here are the details on our favorite bank account bonuses this month.

Intro bonus: $300
Intro bonus: $50-300
Intro Bonus: $300
(Nationwide)
(Nationwide)
(Nationwide)
(Nationwide)
  • Bonus Offer: $300
  • Minimum Deposit: $500
  • Direct Deposit: Yes
  • Expiration Date: 7/24/24
  • Bonus Offer: $50-$300
  • Minimum Deposit: $1,000-$5,000
  • Direct Deposit: Yes
  • Expiration Date: 6/30/24
  • Bank Bonus: $300
  • Minimum Deposit: $2,000
  • Direct Deposit: No
  • Expiration Date: 7/22/24
  • Bonus Offer: Up to $300
  • Minimum Deposit: $5,000
  • Direct Deposit: Yes
  • Expiration Date: 6/30/24
Intro bonus: $300
(Nationwide)
  • Bonus Offer: $300
  • Minimum Deposit: $500
  • Direct Deposit: Yes
  • Expiration Date: 7/24/24
Intro bonus: $50-300
(Nationwide)
  • Bonus Offer: $50-$300
  • Minimum Deposit: $1,000-$5,000
  • Direct Deposit: Yes
  • Expiration Date: 6/30/24
Intro Bonus: $300
(Nationwide)
  • Bank Bonus: $300
  • Minimum Deposit: $2,000
  • Direct Deposit: No
  • Expiration Date: 7/22/24
Intro Bonus: $300
(Nationwide)
  • Bonus Offer: Up to $300
  • Minimum Deposit: $5,000
  • Direct Deposit: Yes
  • Expiration Date: 6/30/24

Some of the best banks in Nevada offer the best banking apps, so you can bank while you’re relaxing in a casino or sailing on Lake Mead. Keep reading to learn more about the Silver State's best banks. 

1. Chase

As you might expect, Chase has over 60 locations in Nevada, most of which are in Las Vegas. With everything from basic checking and savings accounts to credit cards, loans, investments, and business banking, Chase is one of the best national banks you can work with. 

Chase’s everyday and premium checking accounts have monthly fees starting at $4.95. However, you can waive most fees by meeting specific criteria, such as maintaining a minimum balance. 

Choose from two Chase savings accounts: Chase Savings and Chase Premier Savings; You can waive the $5 monthly fees, but the interest rates aren’t as competitive as online-only banks.

You can view more of Chase's products below.

Earn $300 bonus
Earn $100 bonus
Earn $100 bonus
MMG Rating:
5.0
MMG Rating:
4.9
MMG Rating:
4.5
MMG Rating:
4.5
MMG Rating:
4.9

If you’re new to Chase and open a Chase Total Checking® account, you can earn up to a $300 welcome bonus. To complete the requirements for this consumer checking account, set up a direct deposit within 90 days. You’ll receive your bonus within 15 business days.

If it’s a business bank account you’re looking for, look no further than the Chase Business Complete Checking® account that allows you to earn up to a $300 bonus with qualifying activities.

A $100 bonus is yours if you open a Chase Secure Banking℠ account and complete 10 qualifying transactions within 60 days. Once you complete the requirements, you should receive your Chase Secure Banking bonus within 15 days.

Open a Chase College Checking℠ account to earn a $100 bonus. To qualify for this promotion, you’ll need to make at least 10 transactions within the first 60 days between debit card transactions. You’ll receive your bonus within 15 business days.

The Chase Private Client experience unlocks access to lower rates when financing a big purchase and connects you with a private banker and investment advisor whenever you like. Save time and money with better banking benefits and special services, plus a $3,000 welcome bonus.

Earn $300 bonus
MMG Rating:
5.0

If you’re new to Chase and open a Chase Total Checking® account, you can earn up to a $300 welcome bonus. To complete the requirements for this consumer checking account, set up a direct deposit within 90 days. You’ll receive your bonus within 15 business days.

Earn $300 bonus
MMG Rating:
4.9

If it’s a business bank account you’re looking for, look no further than the Chase Business Complete Checking® account that allows you to earn up to a $300 bonus with qualifying activities.

Earn $100 bonus
MMG Rating:
4.5

A $100 bonus is yours if you open a Chase Secure Banking℠ account and complete 10 qualifying transactions within 60 days. Once you complete the requirements, you should receive your Chase Secure Banking bonus within 15 days.

Earn $100 bonus
MMG Rating:
4.5

Open a Chase College Checking℠ account to earn a $100 bonus. To qualify for this promotion, you’ll need to make at least 10 transactions within the first 60 days between debit card transactions. You’ll receive your bonus within 15 business days.

Earn $3,000 bonus
MMG Rating:
4.9

The Chase Private Client experience unlocks access to lower rates when financing a big purchase and connects you with a private banker and investment advisor whenever you like. Save time and money with better banking benefits and special services, plus a $3,000 welcome bonus.

2. First Foundation Bank 

Among its many checking accounts, First Foundation Bank offers a free checking account that requires a $100 minimum deposit. In addition, you can get up to $20 in ATM fees reimbursed each month with First Foundation Bank. 

Besides some of the best checking accounts in Nevada, First Foundation Bank also offers wealth management, small business banking, and CDs. First Foundation Bank’s savings account comes with above-average interest rates and doesn’t require a minimum balance. 

3. Nevada State Bank 

You don’t have to swim Lake Tahoe to find Nevada's best checking and savings accounts. Nevada State Bank offers several accounts to choose from, in addition to CDs and loans. 

The basic checking account is free if you have $250 in deposits or make 10 debit card purchases per month. This account requires $50 to open. 

You can also open an OnBudget Banking account with the same amount. This account comes with a free debit card, PopMoney access, and online and mobile banking, though it lacks overdraft protection and check-writing. 

The OnBudget Banking account has a $5 monthly fee. Nevada State Bank is also part of Zions Bancorporation, N.A., so you can use your debit card for free at Zions Bank locations.

4. One Nevada Credit Union 

Among the deserts of Nevada, you’ll find One Nevada Credit Union. You can join and take advantage of any credit union promotions if you live, work, attend school, or worship in Clark, Nye, or Washoe County. 

The One Checking Account has a $5 monthly fee you can waive with a $2,000 average daily balance or if you have 15 debit card transactions each month. Membership requires a $5 fee to open an account. 

One Nevada Credit Union also offers savings accounts, CDs, and personal loans. You can earn monthly dividends on the savings accounts and access thousands of ATMs through the Allpoint ATM network. 

5. Plumas Bank 

This local bank serves northern Nevada and offers several types of accounts. The basic checking account has no monthly fee if you make 10 or more transactions with your free debit card and enroll in eStatements. 

You’ll need $100 to open this basic checking account, but there’s no minimum balance required. Plumas Bank also offers small business banking services and competitive rates on CDs and savings accounts. 

6. Valley Bank of Nevada

Headquartered in northern Las Vegas, Valley Bank of Nevada was established in 2005. Nevada has three Valley Bank of Nevada branches, each offering several financial products and services. 

These include two checking accounts and one savings account. Personal Checking requires a $100 minimum opening deposit, while Personal Interest Checking requires $1,000 to open the account. 

The traditional savings account, Personal Savings, also requires a $100 minimum opening deposit. Valley Bank of Nevada pays interest monthly with this account. 

You can also open a money market account, CD, credit card, or loan with this Nevada-based bank. Valley Bank of Nevada offers up to five monthly ATM reimbursements and business banking services. 

7. WaFd Bank 

Choose from two checking accounts at WaFd Bank: 

  • Basic Checking Account: Open this account with a $25 deposit. No monthly fees or minimum balance requirements exist, but you must enroll in eStatements and set up direct deposit. 
  • Stellar Plus Checking Account: This account requires a $25 opening deposit. You can waive the monthly fee if you have at least $20,000 in your account. If you have between $10,000 and $19,999, you can lower the monthly fee from $8 to $3. Accounts with less than $10,000 require an $8 monthly fee. 

WaFd Bank also offers money market accounts, mortgages, and CDs. This regional bank lets you choose between three styles of debit cards, which you can use for free with any MoneyPass ATM. 

8. Zions Bank

This regional bank operates in the following states: 

  • Arizona
  • Colorado
  • Idaho
  • New Mexico
  • Utah
  • Texas
  • Wyoming
  • Nevada

You’ll find over 50 Zions Bank branches in Nevada alone. This bank offers checking and savings accounts, CDs, and money market accounts.

To open a Zions Bank checking account, you need a $50 opening deposit. These accounts come with online and mobile banking, including mobile check deposit capabilities. 

While Zions Bank savings accounts don’t have a particularly high interest rate, you can earn a better rate on CDs. Zions Bank’s money market accounts require a $1,000 minimum deposit but no minimum balance. 

Credit Unions vs. Banks

Nevada is home to many credit unions and banks, but what’s the difference? Here are a few common differences to help you decide between Nevada credit unions and banks:

  • Structure: Banks are for-profit, but credit unions are not-for-profit organizations. In a credit union, members gather to loan funds to other members. Banks, however, require a board of directors to make decisions. Investors or shareholders own most banks. 
  • Membership: Banks typically don’t require membership to open an account. Instead, you only have to meet the minimum requirements. However, credit unions require a bit more from you. You might have to work, live, worship, or attend school in a specific area. Membership can also come from working with a certain employer. 
  • APYs and APRs: National banks tend to have the highest annual percentage rates (APRs) and the lowest annual percentage yields (APYs) for loans and savings accounts, respectively. However, credit unions and regional or local banks tend to offer better rates to compete with these larger national banks you’re probably familiar with. 
  • Customer focus: Local banks and credit unions prioritize their customers in ways most national banks can’t manage. You might find basic financial education resources with banks like Chase, Wells Fargo, and Bank of America. However, community banks and credit unions can offer more personalized service and a more comprehensive range of financial literacy resources. 

Though we traditionally think about banks when looking for a bank account, don’t cut out your credit union options as well. You may find that joining a local credit union offers more rewards and perks than the best banks in Nevada. 

8 Types of Bank Loans You Can Borrow With

Some of the best bank account bonuses include the chance to take out loans with a lower interest rate. Here are eight common bank loans you can borrow from most major banks. 

1. Personal 

If you want money to afford a vacation, use it as a safety net, or just need to pay off some debt, personal loans can help. These loans are typically unsecured, so you don’t have to provide collateral. Terms vary, and interest rates can be fixed or variable. 

2. Mortgage

These loans help you purchase a house. Unlike personal loans, mortgage loans require the home as collateral. 

3. Student

College students can often find student loans from local, regional, and national banks. These loans differ from federal student loans, which often have more repayment flexibility.

4. Home Equity

Sometimes confused with home equity lines of credit (HELOCs), home equity loans award you a lump sum you pay back over time. A HELOC acts like a credit card, where you repay what you’ve borrowed on a revolving basis. 

5. Auto

Most people obtain an auto loan from a bank they trust to help pay for their purchases. You can often get a lower rate or more agreeable terms from a bank than the dealership. 

6. Debt Consolidation

Trading debt for more debt can seem counterintuitive, but debt consolidation loans can help you get a lower interest rate on your balance so you pay less over time. 

7. Payday

Short-term loans like payday loans can help you make ends meet between paychecks. However, they typically come with a high annual percentage rate (APR), though you don’t have to do a credit check to be eligible. 

8. Credit Builder

If you’ve struggled with your credit and want to put your best foot forward, a credit builder loan can help. These loans report your activity to the credit bureaus to help boost your score. 

Most of the best banks in Nevada offer one or more of these loans. Remember them the next time you find yourself in a financial pinch.   

FAQs

Which of the best banks in Nevada offer free checking accounts?

Nevada State Bank and First Foundation Bank offer free checking accounts. Other Nevada banks offer free checking accounts, but you may need to meet specific requirements to waive the monthly fees. 

What are some of the best credit unions in Nevada?

Some of the best credit unions in Nevada include One Nevada Credit Union, Boulder Dam Credit Union, and Sierra Pacific Federal Credit Union. These credit unions offer membership to most Nevada residents, with low minimum opening deposits. 

What services besides checking and savings accounts do the best banks in Nevada offer? 

The best banks in Nevada offer retirement accounts, wealth management, investment accounts, and credit cards. Many also provide loans and small business banking to support entrepreneurs. 

What should you look for in a bank account? 

As you look through the list of the best banks in Nevada above, keep your eye out for the following features: Opening deposits, Monthly fees, ATM network access, Customer service, Online and mobile banking presence, Security, additional financial services and products.  Compare these features between your top choices to see which bank best fits your needs. If you come up with a few, consider opening a few accounts if you can manage them.

Managing Your Gold in the Silver State 

We often associate Nevada with losing money rather than managing it, but that’s not the case with the best banks in this state. These banks offer several services and products you can use to achieve your financial goals—and still have some money left over to play with. 

We hope our list of the best banks in Nevada gives you the resources you need to improve your financial standings. With loans, investment services, wealth management, and money market accounts, these banks specialize in managing money. 

Which of the best banks in Nevada will you choose? 

Earn $300 bonus
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5.0

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About the author

Brian Meiggs
Hi, I'm Brian Meiggs! A personal finance expert, entrepreneur, and the founder of My Millennial Guide. My drive is to help others unlock the wealth of freedom and pave the path to financial success. With my bachelor's degree in finance, I help millennials follow the smart money in order to increase their earning potential and start building wealth for the future. I write regularly about side hustles, investing, and general personal finance topics aimed to help anyone earn more, pay off debt, and reach financial freedom. I have been quoted in major publications including Business Insider, Yahoo Finance, NASDAQ, Discover, GoDaddy, BiggerPockets, Fox News, Debt.com, Quick Sprout, Money Geek, MSN Money and many more!