The major disadvantage of Online Virtual banks revolves around ATMs. Because they have no ATM machines, Online banks typically charge the same surcharge that your brick-and-mortar bank would if you used another bank's automated teller. Likewise, many virtual banks won't accept deposits via ATM; you'll have to either deposit the check by mail or transfer money from another account.
USA Banks Operating in Multiple States
- AmSouth Bank - Provides banking services to Alabama, Georgia, Tennessee, and Florida with over 270 locations.
- Associated Bank - Financial organization serving Wisconsin, Illinois, and Minnesota
- BancWest Corporation - With assets of more than $15 billion, BancWest serves nearly one million households. BancWest has over 200 branches in California, Oregon, Washington, Idaho, Hawaii, Guam and Saipan.
- Bank Audi - Commercial bank provides full banking facilities to US and foreign clients.
- Bank of America - Created from the merger of BankAmerica and NationsBank, Bank of America provides full-service banking nationwide.
- BB and T Corp. - Financial holding company operating banking subsidiaries in the eastern and southern states. Features history, branch locations, investor relations, and employment opportunities.
- Central Carolina Bank - A bank holding company whose principal subsidiaries are Central Carolina Bank and Trust Company of Durham, North Carolina and American Federal Bank of Greenville, South Carolina.
- Centura - A U.S. bank with more than 210 offices and more than 200 ATMs in North Carolina, South Carolina, and Virginia.
- Charter One Bank - Provides financial products and services for both consumers and businesses.
- Citibank U.S. - One of the largest full service banks in the world.
- Commerce Bank - A financial services bank with over 100 offices throughout New Jersey and Pennsylvania.
- Compass Bank - A regional bank with offices in Texas, Alabama and Florida.
- Continental Savings Bank - Provides financial services in Washington, Oregon, Idaho, and Hawaii.
- First Citizens Bank - Commercial bank with branches in North Carolina and Virginia, and West Virginia.
- First Financial Bancorp - Network of banking organizations with 115 locations in Ohio, Indiana, Michigan, and Kentucky.
- Firststar Bank - A bank holding company with approximately 1,200 banking offices in Ohio, Wisconsin, Missouri, Kentucky, Iowa, Illinois, Kansas, Indiana, Arkansas, Minnesota, Tennessee, Arizona and Florida.
- Fleet Bank - Provides a full range of personal, small business and commercial banking throughout the Northeast.
- Harris Bank - Major Chicago-based bank providing retail banking in the Chicago area and corporate banking services to corporations, institutions, non-profit and government entities nationwide.
- J.P. Morgan and Co. Incorporated - A leading global financial firm that meets critical financial needs for business enterprises, governments, and individuals.
- KeyBank - One of the nation's largest financial institutions, offering online banking to its customers.
- LaSalle Bank - Provides consumer and commercial banking from more than 120 locations throughout the Midwest.
- Marquette Banks - Provides a wide range of financial services from branches throughout Minnesota, South Dakota, Iowa and Illinois.
- MBNA America Bank, N.A. - Major commercial bank, based in Delaware, offering services in the United States, England, Scotland, Ireland, and Canada.
- Mellon Bank Corp. - Corporation's subsidiaries include Mellon Bank, Dreyfus Corporation, and the Boston Company.
- The Midwest Trust Company - Provides wholesale and retail trust services.
- Pinnacle Bank - Offers a wide range of banking services, including online banking, loans and accounts.
- PNC Bank Corp. - Serving consumer and corporate clients throughout the mid-Atlantic region, with a presence in all 50 states.
- Raymond James Bank, FSB - Offering banking services nationwide through more than 1,000 office locations.
- Safeway Select Bank - Includes online account access, local store ATMs, and free groceries for opening an account.
- SouthTrust Bank - A corporate bank headquartered in Birmingham, AL, with over 600 offices in Alabama, Florida, Georgia, Mississippi, North Carolina, South Carolina, Tennessee, and Texas.
- State Farm Bank - The banking services of State Farm Insurance. Includes information on accounts, loans and online banking.
- SunTrust Banks Inc. - Major southeastern-based U.S. bank, offering commercial, industrial/corporate, investment banking and personal banking services.
- U.S. Bank - A diversified financial services company headquartered in Minneapolis, Minnesota, with over 5,000 ATMs and 1,000 banking offices in 17 states.
- U.S.Trust - An investment management company headquartered in New York that manages over $79 billion in assets for clients throughout the country.
- Wachovia Corp. - Financial services company offers online banking, bill pay, brokerage, loans, and financial planning, as well as services for small businesses and corporations.
- Washington Mutual - Institution offers a wide range of banking and financial solutions, including online account access.
- Wells Fargo - Connects customers to essential financial services 24 hours a day -- by ATM, phone or personal computer, as well as through a growing network of traditional and supermarket branches.