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Best Banks & Credit Unions in Florida

Compare the best banks and credit unions in Florida: up to 4.50% APY, verified fees, minimums, and membership rules from 34+ local institutions.

Florida has no personal income tax, so interest on a savings account or CD is taxed only by the IRS, and a Floridian keeps more of the same APY than a saver in a state that taxes interest. National banks such as Bank of America and Chase compete for those deposits with Florida credit unions including Suncoast, Space Coast and VyStar. State-chartered institutions answer to the Florida Office of Financial Regulation, and every institution in this directory carries FDIC or NCUA insurance up to $250,000.

State regulator: Florida Office of Financial Regulation. Every institution below is FDIC- or NCUA-insured to $250,000.

Best banks and credit unions in Florida 2026

Every bank with a branch in Florida

187 FDIC-insured banks run 4,224 full-service offices in Florida. 103 of them are community banks, and 71 operate nowhere else. This is the federal record: every figure below is the regulator's own.

Deposits by office come from the FDIC Summary of Deposits, counted each 30 June; the leverage ratio is capital as a share of assets, from each bank's latest Call Report. Nothing here is blended into a score. Search by ZIP to see the offices nearest you.

Every bank we publish a page for in Florida

72 of them, largest first. Each page carries the bank's own Call Report figures and every office it runs.

Branches by town in Florida

Where a bank runs more than one office in a town, every one of them is listed on a page of its own.

Branch pages in Florida

Every office we publish a page for in Florida, by town. Each carries what that branch holds, when it opened and the other branches within five miles.

Miami

Tampa

Daytona Beach

Gainesville

Hollywood

Jacksonville

Sarasota

Tallahassee

West Palm Beach

Boynton Beach

Clearwater

Dunedin

Hallandale

Hialeah

Jacksonville Beach

Lake Worth

Miami Beach

Miami Shores

Naples

Orlando

Palm Beach

Palmetto

Stuart

Every credit union with an office in Florida

148 federally insured credit unions run 1,169 offices in Florida, between them serving 30,769,707 members. 115 carry the NCUA's low-income designation. Figures are from each credit union's own NCUA Call Report.

A credit union is measured differently from a bank and the numbers are not interchangeable: the net worth ratio here is the NCUA's capital measure under 12 CFR 702, where 7% is well capitalised, and shares are the credit union equivalent of deposits. Membership usually turns on where you live or work, so a local credit union is often open to you even when its name suggests otherwise.

What makes a Florida bank account worth opening

Look at four things in order: the APY (does it beat the FDIC national average of about 0.60%?), the monthly fee (anything above $0 should come with a clear waiver path), the minimum opening deposit, and the membership rule for credit unions. Florida residents typically qualify for at least one large state-chartered credit union on residency alone, and that credit union is often the highest-APY option available locally.

Is my money safe at a Florida bank or credit union?

Yes, if the institution is federally insured. FDIC covers banks up to $250,000 per depositor, per ownership category; NCUA covers credit unions at the same limits. Every institution in this directory carries one of those insurances. The FDIC or NCUA ID is listed on the full provider row.

Best banks in Florida cities

Florida banking FAQ: credit unions, rates & insurance

Does Florida tax interest earned on savings accounts?

No. Florida has no personal income tax, so deposit interest is taxed only by the IRS. On $10,000 earning a hypothetical 4% ($400 a year), a Georgia resident owes the state about $20 at Georgia's 2026 flat rate of 4.99%, and a New Yorker in the 6.85% bracket owes about $27. A Floridian owes nothing.

Which Florida credit unions accept members statewide?

Suncoast Credit Union is the largest and accepts anyone who lives, works, or attends school in eligible Florida counties covering most of the state. Space Coast CU covers east-central Florida, and VyStar (Jacksonville) serves northeast Florida and parts of Georgia. All three offer online membership applications.

Are Florida state-chartered banks federally insured?

Yes. Every state-chartered bank in Florida that takes retail deposits is required to carry FDIC insurance up to $250,000 per depositor, per ownership category. State-chartered credit unions carry NCUA insurance at the same limits. The Florida Office of Financial Regulation supervises state-chartered institutions.

Why are Florida CD rates competitive compared to national averages?

No Florida rule sets CD rates; each bank and credit union prices its own, so a Florida CD is not automatically better. What Florida changes is what you keep: with no state income tax, CD interest is taxed only by the IRS, so the same APY is worth more after tax in Florida than in a state that taxes interest. Compare offers on APY and early-withdrawal penalty.

Related guides for Florida savers

Rates and fees change frequently. Confirm current figures directly with each institution before applying, and see our editorial methodology for how this directory is built and maintained.