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Apr 23, 2024 · The 10 Worst-Rated Banks in America. Wells Fargo; Citibank; Bank of America; Capital One; Discover Bank; Citizens Bank; Flagstar Bank; Fifth Third Bank; PNC Bank; Comerica Bank
- Staff Writer
- Bank of America. Bank of America headquarters are in Charlotte, North Carolina, at the Bank of America Corporate Center. The National Bank of Charlotte acquired it in 1998 and has become the second largest financial institution in the U.S after Chase Bank by JPMorgan.
- Fifth Third Bank. Fifth Third Bank has been involved in several high-profile scandals and controversies over the years. One of the most significant scandals occurred in 2020, when the bank was fined $4.9 million by the Consumer Financial Protection Bureau for opening unauthorized accounts and charging customers for services they did not receive.
- Wells Fargo. Wells Fargo is an American banking and financial services provider. It is headquartered in San Francisco, California. The financial institution is the fourth largest bank in the country, ranked by its total assets, market capitalization, and bank deposits.
- US Bank. US Bancorp is US Bank's parent company, an American company that provides banking and financial services. It is based in Minneapolis, Minnesota, and is the fifth largest bank in the country.
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- Bank of America. The Bank of America is the giant of all banks. This bank is the first on our list of unethical banks, and rightfully so. Founded in San Francisco in 1998, the Bank of America continues to flourish despite its thinly veiled fraudulent and corrupt policies.
- HSBC Holdings. The next on our list of unethical banks is HSBC. HSBC is another bank that checks all the boxes of unethical and socially malicious banking.
- Wells Fargo and Company. Wells Fargo and Company has been through a recent scandal exposing their fraudulent activities and has paid for it in terms of a destroyed reputation.
- Citigroup Inc. Citigroup managed to recover somewhat after the crisis it faced about a decade ago. The bank was exposed for violating multiple Federal Housing Administration (FHA) policies using fraudulent mortgage practices.
Jan 28, 2021 · Average assets in our Top-5 was just $20 billion. In the top-10 were McKinney, Tx-based Independent Bank Group, #6, DeWitt, NY-based Community Bank System, #7, Bank of New York Mellon, #8, Santa ...
Aug 15, 2022 · What's the Worst Bank in the United States? Bank of America has among the worst reputations with consumers in the country, ranking for some of the most complaints with the Consumer Financial ...
May 10, 2024 · Provided by Stapler Confessions. 18 Banks With the Worst Reputations in America. From high overdraft charges and refusal to breathe time to pay bills, most of us occasionally have gripes...
Sep 23, 2016 · Factoring in complaints, penalties and responsiveness to customer problems, the worst bank is Bank of America, according to a report from consumer finance site ValuePenguin.
