Choosing a bank to house your cash can be a hassle. Lucky for you, Benzinga’s done all the hard work.
We’ve dug up the banks that stand out with a wide range of banking products and services. Read on to learn about our top picks for the best banks in New Hampshire.
Best Banks in New Hampshire Near You:
- Best for Customer Satisfaction: TD Bank
- Best for Business Credit Cards: Citizens Bank
- Best for Range of Accounts: Bank of New Hampshire
- Best for College Students: Bank of America
- Best for Security: People’s United Bank
- Convenient Banking
Best for Customer Satisfaction: TD Bank
TD Bank has a strong presence in the eastern U.S. with 59 branches in 49 different cities and towns in New Hampshire. It also has 1,174 more offices in 15 states. The bank has been ranked No. 1 in Customer Satisfaction among all National Banks by J.D. Power, a global leader in consumer insights, advisory services and data and analytics.
TD Bank ranks highly for convenience, branch service and online banking satisfaction. Most of the bank’s branches are open even on weekends and some holidays.
Its mobile banking app has all of the features you’d expect, like Bill Pay, Zelle® and personalized email alerts.
- Comparing Checking Accounts
Best for Business Credit Cards: Citizens Bank
Citizens Bank operates with 59 branches in the state of New Hampshire. The bank also has 1,025 more offices in 11 states.
Citizens Bank offers business credit cards designed to help your business grow faster. The card comes with no annual fee, 0% annual percentage rate (APR) for 6 months and other comprehensive benefits.
Some of the features of the business credit card include:
- Cash flow monitoring. Track and manage all of your business card spendings in 1 place.
- Budget management. Establish a limit for each card and streamline budget reconciliation.
- Increased security. The highest level of security with Chip and PIN technology and Enhanced ID Theft Protection.
- Cell phone protection. Provides reimbursement for damaged or stolen phones. Simply pay for your monthly mobile phone bill with your credit card and you're covered.
- Travel benefits. Travel benefits including travel accident and baggage delay insurance and Mastercard Global Services.
Best for Range of Accounts: Bank of New Hampshire
Bank of New Hampshire is the oldest and largest independent bank headquartered in New Hampshire and has grown to 24 offices statewide.
The bank offers several types of accounts — traditional free checking account, eco-friendly account, several IRA accounts and more. It also offers a health savings account. This account is a tax-exempt account exclusively for the purpose of paying qualified health-related expenses.
The bank also offers a Kids’ Savers Club account to help children learn to save. When you open your account with its $5 minimum deposit, the bank will match it with an additional $5. Plus, there’s no minimum balance to maintain to earn interest.
- Best for Security
Best for College Students: Bank of America
Bank of America has 20 branches in 17 different New Hampshire locations and accessibility throughout the U.S.
It has been ranked as 1 of the best banks in the U.S. for college students due to its low overdraft fees and volume of ATMs.
The bank offers a fee waiver for college students under the age of 24. Qualifying students can take advantage of its checking account and savings account without paying the monthly maintenance fee. The bank also offers credit cards just for students with 3% cash back in the category of your choice — online shopping, off-campus dining and more.
Best for Security: People’s United Bank
People’s United Bank is a premier, community-based, regional Northeast bank. It offers commercial and retail banking, as well as wealth management services. The bank operates with 26 branches in 22 different cities and towns in New Hampshire. It also has branches in 5 other states — Connecticut, New York, Massachusetts, Vermont and Maine.
People’s offers a premium digital identity protection service called AlwaysChecking. It enables you to actively monitor your digital, credit and social information in a single and secure dashboard. It also provides real-time alerts and mitigation when necessary. You can get this service for free with any People’s United Bank personal checking account.
Frequently Asked Questions
Q: What is the difference between a checking account and a savings account?
A: A checking account is an account to use for your everyday spending and bills. There is typically no limit on the number of times you can use it at an ATM. The account pays little or no interest.
A savings account is an account you would use to deposit your savings. There is only a limited number of withdrawals you can make on this account. A savings account usually pays a small interest.
Q: Can you have checking accounts at multiple banks?
A: Yes. But having all your accounts at 1 bank simplifies the banking process. There are pros to having multiple checking accounts. Be sure to manage multiple accounts carefully.
Choose the Right Bank in New Hampshire
Ensure that the bank you select is FDIC-insured. This means that your money is protected by the federal government up to $250,000 in the event of a bank failure.
Assess your priorities and choose the bank that meets your needs. Selecting an account that suits you best can help you make the most out of a bank.
Methodology
To determine the best banks in New Hampshire, Benzinga analyzed over 100 banks and financial institutions. We gave weight to banks in New Hampshire with co-op ATMs and cash-back options. We also gave greater rankings to banks which offered the following: checking and savings accounts, online banking, personal loans, mortgages, educational resources, and a mobile app.
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