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Best Banks in Oregon (2013 Rankings)

The best banks in Oregon are similar to other state in the area including nearby California and Washington. Oregon residents enjoy banks that are convenient and nearby their work or home, but also that have friendly customer service. The following five banks are a perfect combination of some major plus in terms of a good bank making them the top 5 most popular banks in the state.

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Wells Fargo

Wells Fargo is one of the longest standing financial institutions in the United States, dating back to 1852 near the gold rush days of California. They were founded in San Francisco, but are now headquartered in Sioux Falls, South Dakota. Wells Fargo has over 6,000 branches in 41 states of America with about 40 branches in Oregon. Wells Fargo is one of the largest banks around, so it isn’t much of a surprise that they are so popular among Oregon residents. Many customers of Wells Fargo and remained with them for decades due to their great customer support and a multitude of convenient banking services.

First Citizens Bank

While this is a smaller bank in Oregon, it is one of the most popular and an older bank as well. First Citizens Bank was originally founded in 1898 as the First Citizens Bank & Trust Company. It is headquartered in Raleigh, North Carolina and has over 400 branches in 18 states. They offer online services to customers who do not live in one of the 18 states. As for Oregon residents, they have two branches to choose from, one in Portland and another in Lake Oswego. First Citizens Bank is a popular choice among individuals in Oregon for a variety of reasons. They have great checking and savings account options, low interest rates for loans and easy financing for businesses.

Heritage Bank

Heritage Bank was founded in 1908 and is headquartered in Wisconsin. They operate out of 12 states, with a total of 90 branches in all. In Oregon, branches for Heritage Bank are located in Wilsonville and Portland. The location in Portland is a typical brick and mortar branch while the one in Wilsonville is a mobile office, and a much smaller branch. If you live or work in Oregon but aren’t near these branches, you can still be a customer of this bank since they offer mobile and online banking services. Many customers choose this option.

US Bank

US Bank, headquartered out of Cincinnati in Ohio, has been around since 1863. They currently have over 3,000 branches in 28 states and more than 30 branches in Oregon. US Bank is a popular choice among Oregon residents due to the very friendly tellers, short and quick lines and fast customer service when calling the 800-number for the bank.

First Republic Bank

First Republic Bank, located throughout Oregon, is another popular bank and one of the best in the state. They are a smaller and newer bank, having been founded just a few years ago in 2010. Since then, they have expanded to 8 states and have several branches in Portland. Many customers of First Republic Bank have been with them since the beginning and haven’t looked back. This is due to excellent customer service, the variety of banking services and how well they feel they are taken care of. Individuals, investors and businesses alike are enjoying First Republic Bank.

While many of these banks are available in the larger metro cities such as Portland, smaller cities within Oregon also have a wide array of banks to choose from. These are the top five, but there are many small and large banks that are reputable with helpful staff and low fee schedules.