We analyze online bank accounts in the U.S. to uncover which have the best earnings, benefits, and the lowest fees. Learn more about our methodology here. Bank awards methodology

1. Best Southern Tech-Forward Bank

BBVA Compass

B+ MyBankTracker Rating

Customer Service Call Scheduling. Fingerprint Authentication. Apple & Android Pay

Best Feature: Free checking with personalization options

BBVA Compass Bank Logo

BBVA Compass get its spot as one of the top banks in the South for pioneering in new banking trends and technology. With BBVA Compass, you can get a free checking account that can be upgraded with features that you would like. Plus, all accounts come with a dedicated team of concierge bankers, who you can contact over text, email, chat, or phone. You also get access to a mobile app that allows you to manage BBVA credit card rewards and lock your credit cards should you need to. One of the more innovative tech features is the ability to video conference with a virtual teller.

  • Earn

    Simple rewards credit card that has no annual fee and a potential low APR

  • Fees

    Completely free checking is available

    Partnered with the Allpoint ATM network for surcharge-free ATM access

  • Benefits

    Video banking allows you to connect with a virtual teller 24/7

    Free access to concierge bankers, who you can reach via text, email, chat, or phone

    Popmoney allows you to send money to friends with ease

    Mobile app available on the Apple App Store, Google Play, and for Amazon

2. Best Southern Customer-Focused Bank

Arvest Bank

B+ MyBankTracker Rating

Many branches. Longer branch hours. High levels of transparency.

Best Feature: Branches are open for extended hours

Arvest Bank Logo

Arvest Bank lives by its customer-focused philosophy. Most Arvest Bank branches are open for 12 hours on weekdays and many locations are also open on Saturdays. This will be handy for busy people who cannot visit the bank during typical work hours. With this convenience, you also get access to a variety of checking accounts, including one without a monthly fee. Some accounts also come with Family IDProtect, an identity theft resolution and credit monitoring service.

  • Earn

    Every Arvest credit card offers rewards with each purchase

  • Fees

    Free Blue checking doesn’t charge a monthly fee with electronic statements

    Arvest Bank credit card don’t have balance transfer fees

  • Benefits

    Branches are open for extended hours and on weekends

    Free Family IDProtect (with some checking accounts) in case of identity theft and fraud

    Popmoney allows you to send money to friends with ease

    Mobile app available on the Apple App Store and Google Play

3. Best Southern Bank with Large Branch Network

Woodforest National Bank

A MyBankTracker Rating

740 branches. Financially strong. Financial literacy courses.

Best Feature: Basic checking with a low monthly minimum balance requirement

Woodforest National Bank Logo

Woodforest National Bank earns top awards for having a huge branch network in the South -- more than 700 branches. Woodforest National Bank has the physical presence of a national bank without the high fees. Woodforest National Bank’s most noteworthy products include the basic checking account, which has a monthly fee that’s easy to avoid, and a secured line of credit specifically designed for rebuilding bad credit. In addition, you can use its Banking GPS course to learn how to navigate your finances.

  • Earn

    Get an award for completing the Banking GPS financial literacy program

  • Fees

    Monthly fee on its basic checking account can be waived with a balance of just $100

  • Benefits

    Second chance checking available to people who can’t get regular checking

    Secured line of credit is available for rebuilding credit

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