assets.rbl.ms

TD Bank, U.S. Bank Tie for Best National Bank by Kiplinger

TD Bank (No. 38 on the DiversityInc Top 50 Companies list) and U.S. Bank tie for Best National Bank in a first-ever list published by Kiplinger’s Personal Finance ranking the best banks in the United States.


To identify the best banking practices, the magazine picked a winner and runner-up among national banks, nationally available credit unions and internet banks, plus the best bank in each of four regions, as well as the top and runner-up institutions in a number of personalized categories.

The editors of Kiplinger’s Personal Finance arrived at its Best Banks honorees from a pool of nearly 12,000 contenders. TD Bank and U.S. Bank “rose to the top, and they were so close in total number of points that we declared a tie,” according to the publication.

U.S. Bank was also named the Best Bank for Retirees.

The complete rankings are now available online at Kiplinger.com, along with in-depth profiles of the selected institutions.

“While banks are on a mission to cut costs and raise revenues with customers getting caught in the crossfire some institutions are making all the right moves to win satisfied customers, and we’re proud to say we were able to name them in our first-ever Best Banks list,” said Kiplinger editor Janet Bodnar in a statement.

“One of the most important, personal decisions consumers make is where to keep their money. Since situations vary, our goal is to help people make informed choices for themselves and their families.”

The editors at Kiplinger’s Personal Finance used data from Moebs Services, a Lake Forest, Ill., economic research firm, to rank national and regional banks and thrifts, credit unions, and internet banks. The process to select the best started with all 11,831 U.S. depositories as of year-end 2016.

To identify the soundest financial institutions, the list was screened for asset size, excess fees, high expenses and sufficient capital. For each specific customer profile, the editors started with top financial institutions identified by the Moebs rankings and then added their own research and judgment to find banks, thrifts and credit unions with accounts and features most appealing to each group.

Founded in 1920 by W.M. Kiplinger, for nine decades the Kiplinger organization has been a staple in personal finance and business forecasting.

Latest News

woke politics

Republicans Launch a War on ‘Woke’ Politics in Hopes of Big Legislative Wins in 2022

In 2020, former President Barack Obama warned that the phrase “Defund the Police” could become a dangerous rallying cry for the conservative right. But now, Republicans have apparently taken that warning one step further, declaring war on all things “woke.” Allan Smith and Sahil Kapur of NBC News wrote that…

women in politics

Women Remain Vastly Underrepresented in Local Government, Despite Conventional Wisdom Suggesting Otherwise

Vice President Kamala Harris and Speaker of the House Nancy Pelosi sat behind President Biden during his first speech to a joint session of Congress on April 28 — representing the first time two women held such important and high-ranking political offices. Even after such a historic moment, the reality…

voter restriction

Florida Follows Georgia’s Lead, Approves Racist Anti-Voter Restrictions Aimed Primarily at Democrats and People of Color

Not content with letting Georgia be the only state in the South demonized for its bigoted and racist attacks on voter rights, Florida has jumped into the fray in issuing its own series of new and highly controversial “Jim Crow-esque” anti-voting restrictions aimed specifically at disenfranchising Democrats and voters of…

Kentucky Derby

Inspired by Protests Over Breonna Taylor’s Death, Humana and Kentucky Derby Festival Launch Diversity and Inclusion Initiative in Louisville

Ahead of the 147th Kentucky Derby on Saturday, May 1, Kentucky Derby officials and Humana (No. 25 on The DiversityInc Top 50 Companies for Diversity list in 2020) have announced a new equity initiative meant to make the race more accessible and welcoming to everyone, regardless of race, gender, age…

crimes against human ity

‘Crime Against Humanity’; Global Report Says the US Should Be Prosecuted in International Criminal Court for Ongoing Police Murders of Black Americans

In what has been described as a “devastating” report, human rights experts and lawyers have investigated and released a 188-page analysis of the ongoing police brutality and killing of Black Americans in the U.S. Their verdict: the country is guilty of “crimes against humanity” and should be prosecuted for its…

Tokyo, Olympics

Tokyo Olympics to Encourage Significant Increase in Gender Equality Among Event’s Corporate Sponsors

Besides simply being a showcase for some of the most talented and athletic men and women on the planet, the organizers of the Tokyo Olympics are hoping their event this summer can also help promote significant change in corporate culture, both in Japan and around the globe. Bloomberg’s Ayai Tomisawa…