Banks in Alabama

6 FDIC-insured banks headquartered in Alabama, ranked by total assets.

Alabama is home to 6 FDIC-insured banks holding a combined $188.52B in total assets and approximately $156.96B in deposits (Source: FDIC BankFind). These figures represent banks headquartered in Alabama and may not include all branches of out-of-state banks operating in the state.

Regions Bank is the largest bank headquartered in Alabama with $158.22B in total assets, representing a concentrated market where one institution holds the majority of state-headquartered bank assets (Source: FDIC BankFind). The mix of national banks, regional institutions, and community banks in Alabama provides consumers with a range of options based on their banking preferences.

Total Banks

Combined Assets

$188.52B

Avg ROA

1.29%

Largest banks in Alabama

Regions Bank

Regions Bank is the largest bank headquartered in Alabama with $158.22B in total assets and 1,259 branches (Source: FDIC BankFind).

ServisFirst Bank

ServisFirst Bank is a major bank headquartered in Alabama with $17.73B in total assets and 33 branches (Source: FDIC BankFind).

River Bank & Trust

River Bank & Trust is a major bank headquartered in Alabama with $3.79B in total assets and 23 branches (Source: FDIC BankFind).

Bank Independent

Bank Independent is a major bank headquartered in Alabama with $3.01B in total assets and 34 branches (Source: FDIC BankFind).

Bryant Bank

Bryant Bank is a major bank headquartered in Alabama with $2.90B in total assets and 18 branches (Source: FDIC BankFind).

Banks headquartered in Alabama

#	Bank	Total Assets	Deposits	ROA	Branches
1	Regions BankBirmingham	$158.22B	$131.99B	1.43%	1,259
2	ServisFirst BankBirmingham	$17.73B	$14.25B	1.58%	33
3	River Bank & TrustPrattville	$3.79B	$3.33B	1.18%	23
4	Bank IndependentSheffield	$3.01B	$2.62B	1.01%	34
5	Bryant BankTuscaloosa	$2.90B	$2.35B	1.69%	18
6	CB&S Bank, Inc.Russellville	$2.88B	$2.42B	0.85%	55

Source: FDIC BankFind, most recent quarterly data. Only includes banks headquartered in Alabama. Data last updated: April 2, 2026.

Credit unions in Alabama

4 credit unions headquartered in Alabama, ranked by total assets. Credit unions are member-owned cooperatives insured by the NCUA.

#	Credit Union	Total Assets	Members	ROA	Branches
1	REDSTONEHUNTSVILLE	$8.41B	544,893	1.29%	N/A
2	ALL INDALEVILLE	$3.65B	212,184	1.04%	N/A
3	SOUTHERN ENERGYBIRMINGHAM	$3.56B	90,227	0.44%	N/A
4	AMERICA'S FIRSTBirmingham	$2.69B	194,683	1.44%	N/A

Source: NCUA Quarterly Call Report Data. Only includes credit unions headquartered in Alabama.

How to choose a bank in Alabama

When choosing a bank in Alabama, consider what matters most for your financial needs. Alabama has 6 FDIC-insured banks headquartered in the state, plus additional out-of-state banks with local branches. Each institution offers different strengths in terms of branch access, product variety, and community focus.

Consider whether branch access matters to you. If you prefer in-person banking, look for institutions with branches near your home or workplace. If you primarily use mobile and online banking, you may want to prioritize digital features and compare interest rates, as online-focused banks often offer higher savings APYs.

All banks listed on this page are FDIC-insured, meaning deposits are protected up to $250,000 per depositor, per insured bank, for each account ownership category (Source: FDIC). Beyond FDIC insurance, compare factors such as monthly maintenance fees, ATM networks, minimum balance requirements, and customer service availability. The CFPB recommends comparing at least three institutions before opening a new account.

Compare banks side by side Savings calculators Our methodology

Data Sources

FDIC BankFind: Financial data including total assets, deposits, net income, ROA, and ROE for all FDIC-insured institutions. https://banks.data.fdic.gov/

CFPB Consumer Complaint Database: Consumer complaint data by institution, including complaint volumes, response rates, and top issue categories. https://www.consumerfinance.gov/data-research/consumer-complaints/

Federal Reserve Economic Data (FRED): Interest rate benchmarks including the Federal Funds Rate, Treasury yields, and national savings rate averages. https://fred.stlouisfed.org/

BankRanked is not a bank, credit union, or financial advisor. This content is for educational purposes only and does not constitute financial advice. All data is sourced from publicly available government databases (FDIC, NCUA, CFPB, FRED). Consult a licensed financial professional before making banking decisions.