Whether you fall on the east or west side of the Mississippi River, the best banks in Mississippi are sure to help you take on any financial challenge.
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Local branches are only half the picture. These five are available nationwide, so they compete with anything in your state and usually pay more to switch.
You’re not alone if you’re anything like us and laughing out loud at that statistic. Most people had to rely on their savings accounts to swing them through the pandemic, so that number could arguably be a bit off.
However, creating and contributing to a savings fund can start today. With the best banks in Mississippi, saving money feels more like an accomplishment than a punishment.
Our list of the best banks below includes a few you might be familiar with. If you haven’t seen some of the banks on our list before, check them out to see what they might be able to offer you.
Are you ready to learn more about the best banks in Mississippi? Let’s get started!
17 Best Banks in Mississippi
You won’t find any of the best digital banks on our list below. These banks are local and proud of it.
Chase runs 8 branches in Mississippi, 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 Mississippians 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.
Set your expectations on the footprint. 8 branches across Mississippi is not a bank on every corner, so treat Chase as a national account you can occasionally reach in person rather than a neighborhood bank. What carries it is the nationwide side: 5,000+ branches and 14,000+ ATMs, Zelle built in, a well-rated app, and the option to 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 Mississippi branch network, claim the $400 with Chase here.
A Jackson utility bill and a grocery run can outrun a paycheck by days. 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 $750 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. Bankfirst
BankFirst offers the Kasasa Cash Checking account, which comes with various benefits. This account has no monthly fee and requires a minimum deposit of $100 to open.
This account stands out by offering interest on your balance, allowing your money to work for you. Additionally, BankFirst refunds up to $15 in ATM fees each month.
The Kasasa Cash Checking account includes free online and mobile banking, bill pay, a debit card, and unlimited check writing. These features enable customers to conveniently manage their finances and make transactions whenever and wherever necessary.
For customers looking to maximize their earnings, BankFirst offers a rewards checking account. This account allows you to earn a respectable APY on balances up to $10,000.99.
To qualify for the APY, you must have a monthly direct deposit or ACH payment and make at least 18 debit card purchases. BankFirst provides free online and mobile banking services to enhance your banking experience.
4. BankPlus
BankPlus offers a unique financial education program called CreditPlus, designed to assist individuals in rebuilding their bank accounts and credit history. This program focuses on helping you manage your money effectively and gain essential financial literacy skills.
By completing the course, you become eligible to create a CreditPlus checking and savings account with BankPlus. CreditPlus also provides the opportunity to apply for a CreditBuilder loan.
With over 30 branches throughout Mississippi, BankPlus ensures convenient access to its services. To open a CreditPlus account, BankPlus requires a minimum opening deposit of $100.
The account has a monthly fee of $6 but does not impose any minimum balance requirements. Customers can also explore CDs to grow their savings and claim up to $1,200 in cell phone protection annually.
5. Bank of Aguilla
This local community bank is FDIC insured and offers some of the best money market accounts. You can choose from three checking accounts, all of which offer online and mobile banking.
Bank of Aguilla offers three checking accounts, the most popular of which is the Personal Checking account. This account requires $200 to open but has no monthly fees if you maintain a $500 balance.
The Statement Savings account is the only savings account this Mississippi bank offers. You must visit a physical branch to open this account.
Bank of Aguilla also offers personal and business loans, money market accounts, and agricultural loans.
6. Cadence Bank
Cadence Bank has a rich history, starting from humble beginnings at the back of a hardware store in 1876. As a regional bank, Cadence Bank has expanded its presence across multiple states, including:
One of their notable checking account options is the My Way Checking account. This account allows you to waive service fees by:
Maintaining a minimum balance of $250
Making at least five debit card purchases per month
Having a direct deposit of $100 or more
Being a student under the age of 25
With an $8 monthly fee that can be waived through these qualifying activities, the account offers flexibility and accessibility. Opening the My Way Checking account requires an initial deposit of $50.
Cadence Bank also provides additional financial services, such as CDs and wealth management solutions. The bank also offers a special checking account for seniors 62 and over.
7. Citizens National Bank
Citizens National Bank operates branches in:
Carthage
Columbus
Flowood
Hattiesburg
Kosciusko
Laurel
Macon
Madison
Meridian
Olive Branch
Philadelphia
Quitman
Ridgeland
Southaven
Waynesboro
Citizens National Bank provides a second-chance checking account called Clean Slate Checking. By maintaining the account in good standing for 18 months, customers can upgrade to a traditional account.
Opening this account requires an initial deposit of $50 and a monthly fee of $9.95. However, customers can reduce their monthly fee by $2 by signing up for direct deposit.
Clean Slate Checking from Citizens National Bank offers additional features to enhance convenience. Customers receive a free debit card for their transactions, and they can take advantage of text banking capabilities and use Apple Pay for digital payments.
Citizens National Bank understands the importance of providing an opportunity for individuals to regain their financial footing. With the Clean Slate Checking account, customers can work towards improving their banking history and eventually transition to a traditional account.
8. Cleveland State Bank
Cleveland State Bank, a small bank with five branches in the state, takes pride in providing a personal and customer-centric approach to banking. With a focus on meeting individual needs, the bank offers a range of accounts and services.
For checking accounts, Cleveland State Bank provides two options. One of these accounts offers interest-earning opportunities, allowing customers to grow their funds.
The Elite Checking account is designed to bear interest, requiring a minimum deposit of $1,000. Although there is a monthly fee of $9, it can be waived by maintaining a minimum balance of $1,000 in the account.
In addition to checking accounts, Cleveland State Bank offers three different savings accounts. The Regular Savings Account, with a minimum opening deposit of $100, incurs a $5 monthly fee if the minimum balance requirement is unmet.
These savings accounts allow customers to save and manage their funds effectively. Cleveland State Bank provides various financial services, including credit cards, mortgages, loans, and safe deposit boxes.
9. Community Bank of Mississippi
Community Bank of Mississippi offers a free checking account with a $50 deposit. Its Community Checking account is designed to provide convenience and flexibility with no minimum balance requirements or monthly fees.
Customers can enjoy unlimited check-writing privileges, free bill pay, and eStatements. With 36 branches throughout the state, Community Bank of Mississippi ensures accessibility and a strong local presence for its customers.
While the checking account doesn’t earn interest on the balance, it’s important to note that it provides essential features and services without any associated costs. This lack of a fee allows customers to manage their day-to-day finances conveniently and efficiently.
10. First State Bank
First State Bank, a community bank, proudly serves customers across multiple branches in:
Waynesboro
Ellisville
Laurel
Leakesville
Lucedale
Meridian
Quitman
State Line
One standout choice is First State Bank’s Kasasa Cash Checking account. With no opening deposit or monthly fees, the Kasasa Cash Checking account is designed to provide rewards and benefits to account holders.
Customers can earn a decent APY on their balance by maintaining a minimum balance. Opening this account requires a minimum deposit of $100.
First State Bank understands the importance of convenience and reimburses up to $25 in out-of-network ATM fees each month, allowing customers to access their funds without worrying about additional charges. In addition to its checking accounts, First State Bank provides a range of banking services, including savings accounts.
11. Gulf Coast Community Federal Credit Union
Gulf Coast Community Federal Credit Union offers the New Chance Checking account, catering to individuals who may need a fresh start. With this account, customers can access the benefits of a checking account.
While there is a $15 monthly fee, it provides an opportunity to rebuild banking history. Opening the account requires a deposit of $100, and there are no minimum balance requirements.
The New Chance Checking account from Gulf Coast Community Federal Credit Union includes a free Visa debit card and unlimited check-writing privileges. You can also graduate to a traditional checking account after maintaining good standing for a year or more without any NSF charges.
Gulf Coast Community Federal Credit Union has branches in Gulfport, Bay St. Louis, and D’Iberville.
12. Hope Credit Union
In addition to offering several credit union promotions throughout the year, Hope Credit Union offers five checking accounts. Most of these accounts require a $25 minimum balance and a $9.95 monthly fee.
You can waive the monthly fee if you have at least $200 in your bank account. Hope Credit Union offers unlimited paperless transactions, free online and mobile banking, overdraft protection, and eStatements.
13. Magnolia Federal Credit Union
Magnolia Federal Credit Union understands everyone deserves a fresh start, so they offer the Opportunity Checking account. Opening the account requires a $20 deposit and a $20 account fee.
If you sign up for direct deposit, the monthly fee is reduced to $15. Otherwise, it remains at $20.
After demonstrating 12 months of responsible banking behavior, members can graduate to any other checking account offered by the credit union. A $100 savings deposit is provided as a reward for this milestone.
Magnolia Federal Credit Union has branches in Jackson, Brandon, Madison, and Yazoo City.
14. Planters Bank
Planters Bank operates 19 physical locations across Mississippi, Tennessee, and Louisiana, ensuring convenient access to their services. When it comes to checking accounts, Planters Bank provides four different options.
One of these accounts offers the opportunity to earn interest on your balance. The Essential Checking account includes a free Visa debit card and unlimited check-writing privileges.
Opening this account requires a minimum deposit of $50. There are no monthly fees to worry about.
In addition to checking accounts, Planters Bank offers two savings account options. Opening these accounts requires a minimum deposit of $100, and by maintaining a balance of $250 or more, customers can avoid the $8 quarterly fee.
Planters Bank also provides a comprehensive range of financial services, including credit cards, loans, business banking solutions, home equity lines of credit, and merchant services. These services cater to the specific needs of individuals, businesses, and entrepreneurs.
15. PriorityOne Bank
PriorityOne Bank offers the Keep It Simple Checking account as a straightforward and accessible option. Customers can open this basic checking account with a minimum deposit of $50.
The monthly fee is $7, which can be waived by maintaining a minimum balance of $100 or more. PriorityOne Bank provides online banking services, bill pay, and mobile banking with mobile check deposits to enhance convenience.
With locations in several counties, including Rankin, Scott, Simpson, Covington, Lamar, and Madison, the bank ensures accessibility to its services for a wide range of customers. In addition to checking accounts, PriorityOne Bank offers a variety of financial products, including money market accounts, CDs, and savings accounts.
These options allow customers to save and grow their funds according to their financial goals. With 16 locations across Mississippi, the bank provides a solid local presence, fostering a sense of community and personalized service.
16. Renasant Bank
Renasant Bank, a regional bank based in Tupelo, offers a diverse range of checking accounts to meet the needs of different customers. With options like Renasant Checking, Student Checking, Rewards Checking, and Rewards Extra, individuals can choose the account that aligns with their preferences and lifestyle.
These accounts have convenient features such as online and mobile banking, bill pay, and a free Visa debit card. Renasant Bank also provides a Mobile Wallet, which includes popular services like Zelle, Apple Pay, Apple Pay Cash, and Google Pay.
With 195 branches spanning seven states, Renasant Bank ensures a strong regional presence to serve its customers effectively. Their basic checking account can be free of charge by enrolling in eStatements, having at least one direct deposit per month, or maintaining a minimum daily balance of $1,000.
Opening this account requires an initial deposit of $50. Renasant Bank also offers CDs to help customers grow their savings over time. These accounts provide an opportunity for individuals to earn competitive interest rates on their funds.
Renasant Bank understands the importance of digital banking and strives to provide one of the best banking apps in the market. Through their user-friendly app, customers can conveniently manage their accounts, make transactions, and access a wide range of banking services on the go.
17. Trustmark National Bank
Trustmark National Bank, headquartered in Jackson, Mississippi, boasts an extensive presence with 180 branches spread across the southeastern region. They offer various banking services, including free checking accounts with multiple ways to avoid fees.
Customers can enjoy fee-free checking by:
Conducting 15 transactions per month
Receiving a monthly direct deposit of $100 or more
Maintaining an average daily balance of $1,500 or higher
Trustmark National Bank caters to different customer segments, including students and small business owners, with specialized account options. Some accounts may even offer some of the best bank account bonuses on our list.
For example, students opening a checking account can benefit from a $50 bonus. The bank requires a modest minimum opening deposit of $50 and doesn’t impose a minimum daily balance requirement.
To further cater to customers’ needs, Trustmark National Bank offers a range of financial solutions and services, such as personal loans, mortgages, wealth management, and small business lending. With 124 locations in Mississippi alone, the bank ensures convenient access to its services for residents throughout the state.
Mississippi banking questions, answered
Which bank has the biggest sign-up bonus in Mississippi?
Chase Total Checking pays the biggest bonus on this list: $400 once your qualifying direct deposits total $1,000 or more within 90 days of opening. It is cumulative, so two or three normal paychecks clear it, and the cash lands within 15 days. You also get branch access across Mississippi, plus 5,000+ branches and 14,000+ ATMs nationwide.
Which bank can spot me money when I need it?
Current lets you draw up to $750 of your next paycheck early, with no interest and no credit check. New customers can also earn a $75 bonus with code WELCOME75 after $1,500 or more in eligible payroll deposits within 35 days. Current is a financial technology company, not a bank; banking services are provided by Choice Financial Group and Cross River Bank, both Members FDIC.
What services do the best banks in Mississippi offer?Â
The best banks in Mississippi offer various services, including checking and savings accounts, loans, credit cards, mobile and online banking, business banking, and wealth management. Many of these services are also offered by the best national banks. If you bank mostly from your phone, compare fees and bonuses instead. Our best bank account bonuses roundup tracks both.
Which of the best banks in Mississippi offer free checking accounts?
Trustmark National Bank, Community Bank, and Renasant Bank offer free checking accounts. Other banks on our list also offer free checking accounts, some of which require you to meet specific requirements to waive the monthly fees. Read the fee schedule first. Our guide to the best checking accounts compares more no-fee options in Mississippi.
Can I open more than one bank account in Mississippi?
Yes, you can open more than one bank account in Mississippi. You can open as many bank accounts as you like, provided you can keep track of them all. Stacking accounts is how most people collect several welcome bonuses. Our best bank account bonuses roundup lists what each pays.
Have Your Mississippi Mud Pie and Eat It, Too
When it comes to banking, having your cake and eating it means you can enjoy accounts that keep your money safe, on track, and right where you need it. A few of the best banks in Mississippi may add a few extra perks (or toppings) as well.
We hope this list has helped you find some of Mississippi’s best banks. If anything, you’ll at least know that there are plenty of banks to choose from if you ever find yourself living in this state.
The best banks in Mississippi support local communities with efforts that improve the lives of many. What can you do with your new bank account that could change someone’s life, including yours?
$400 once your direct deposits total $1,000. You have 90 days from enrolling, and it is cumulative rather than one big deposit.
Paid within 15 days of hitting the requirement.
$15 monthly fee, waivable four ways. $500+ in qualifying electronic deposits, a $1,500 daily balance, $5,000 average across linked accounts, or linking a qualifying checking account. Zelle, cash, checks and wires do not count.
More than 5,000 branches and 14,000 ATMs.
Bonus paid within 15 days, and it is closed to existing Chase checking customers.
Pros & Cons
$400 for $1,000 of direct deposits, the best ratio here
Up to $450, and it is three separate bonuses. $25 for opening and depositing $50 or more within 25 days, $25 more for enrolling in SoFi Plus, and up to $400 on direct deposit.
The $400 tier is strict. Eligible direct deposits totalling $5,000 or more inside 25 calendar days. $1,000 to $4,999.99 pays $50, under $1,000 pays nothing.
No fees and no minimums, and savings earns 3.30% APY with eligible direct deposit activity.
Only real payroll counts. Check deposits, Zelle, PayPal, Venmo, Wise, wires and IRS tax refunds are excluded.
Paid within about 7 business days. The direct deposit bonus runs to December 31, 2026, and SoFi lists the two $25 bonuses as running October 1 to October 21, 2026.
Pros & Cons
Three bonuses stack to $450 if you qualify for all of them
3.30% APY on savings with eligible direct deposit
No monthly fee, no minimum, no overdraft fee
SoFi Bank, N.A. is itself a Member FDIC bank
Bonus pays within about 7 business days
The $400 tier needs $5,000 in eligible direct deposits
$1,000 to $4,999.99 pays only $50
Deposits are totalled over just 25 calendar days
P2P, wires, check deposits and tax refunds do not count
The $1,000 headline needs $200,000 deposited. The welcome bonus is tiered: $40 at $10,000, $100 at $25,000, $200 at $50,000, $425 at $100,000 and $900 at $200,000 or more, plus a Savings and CD Boost of $10 to $100 on top.
Code STACK has to be entered at sign-up, and it is new customers only.
The first deposit must be initiated by October 31, 2026. Balances then have to be maintained for 90 days, and the cash lands within 30 days of qualifying.
Raisin is not a bank. It is a marketplace over 100+ partner banks and credit unions. Your money sits at the partner institution through a custodial bank, so cover is pass-through FDIC or NCUA up to $250,000 per institution.
No platform fees and a $1 minimum to open a product. APY up to 4.40%, accurate as of September 28, 2026.
Pros & Cons
Access to 100+ partner banks and credit unions from one login
Up to 4.40% APY, well above a typical bank savings rate
No platform fees and a $1 minimum to open
Spreading across partners can reach $10M+ in FDIC or NCUA coverage
Move money between savings products as rates change
The $1,000 headline needs $200,000 deposited
First deposit must be initiated by October 31, 2026
Balances have to be maintained for 90 days
Code STACK must be entered at sign-up, new customers only
$1,500 in eligible payroll deposits within 35 days. This is the requirement people miss. It is cumulative, not a single deposit.
$75 with code WELCOME75. New customers only, and the code has to be entered at signup.
Paid within about 10 business days of your deposits reaching $1,500.
Transfers do not count. Venmo, Cash App, Zelle, PayPal, mobile check deposits, cash and one-off deposits like a tax refund are all excluded.
No credit check to open, and up to $750 before payday. Instant access carries a fee, or wait up to 3 days for free.
Current is a fintech, not a bank. Banking services come from Choice Financial Group and Cross River Bank, both FDIC members, so cover is pass-through up to $250,000.
Pros & Cons
No credit check to open
$0 monthly fee
Up to $750 of your paycheck before payday
No credit check on Paycheck Advance, and repayments are not reported
Realistic approval after a past bank closure
Needs $1,500 in eligible payroll deposits within 35 days
Smallest bonus here at $75
Venmo, Cash App, Zelle and PayPal do not count
Current is a fintech, not a bank, so FDIC cover is pass-through
Instant advances carry a fee unless you wait 3 days
3.75% APY on balances of $5,000 or more, and 0.25% below that. It is tiered, so your end-of-day balance sets the rate and it is paid on the whole balance.
$100 minimum to open, and no account opening or monthly service fees.
CIT Bank is a division of First Citizens Bank, FDIC insured to $250,000 per depositor per ownership category. Deposits across First Citizens divisions are combined for that limit.
Opening takes about five minutes online.
APYs accurate as of July 1, 2026 and variable, so confirm before funding.
Every figure above comes from each provider’s own page. For the full breakdown of the checking bonuses, including what counts as a qualifying direct deposit at each bank, see our guide to the best checking accounts.
CIT Platinum Savings APYs are accurate as of July 1, 2026: 0.25% APY on balances of $0.01 to $4,999.99; 3.75% APY on balances of $5,000.00 or more. Platinum Savings is a tiered interest rate account. Rates are variable and may change at any time without notice. $100 minimum to open. CIT Bank is a division of First Citizens Bank, Member FDIC.
Raisin bonus: new customers only, code STACK required at sign-up. Welcome Bonus is $40 at $10,000 through $900 at $200,000 or more, plus a Savings and CD Boost of $10 to $100. First deposit must be initiated by October 31, 2026 and balances maintained 90 days. Raisin is not a bank; deposits are held at FDIC-insured banks and NCUA-insured credit unions through a custodial bank. APY accurate as of September 28, 2026. Raisin charges no platform fees.
Before you go
Two accounts that pay you to switch
Both are open to residents of every state. The only real difference is how much you have to move to earn it.
Brian Meiggs founded My Millennial Guide and has spent over a decade writing about money. He tries every app and product before it goes on the site. No fluff, no guesswork. Named to the Northern Virginia 40 Under 40 earlier this year, and featured in WSJ, Business Insider, and Entrepreneur. Off the clock: chess, the gym, a quiet night in.
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