Louisiana isn’t just known for jazz, Creole food, and Mardi Gras—it’s also home to some great banks. Whether you need a simple checking account, a high-yield savings option, or business banking services, finding the right bank can help you keep more money in your pocket.
With options ranging from national banks with nationwide perks to community banks that understand local needs, choosing where to bank in Louisiana comes down to what matters most to you.
10 Best Banks in Louisiana
The best bank for you depends on your financial goals and daily banking needs. Some offer free checking and nationwide ATM access, while others provide competitive interest rates or standout mobile banking tools. No matter what you’re looking for, these top banks in Louisiana offer the best mix of convenience, affordability, and service.
1. Hancock Whitney Bank
With its roots in Gulfport, Mississippi, Hancock Whitney Bank stands as a formidable option among the best banks in Louisiana, extending its services across several states, including Alabama, Florida, and Texas.
2. SoFi
SoFi is a top online banking choice for Louisiana residents, offering a Checking & Savings account with strong benefits.
3. Gulf Coast Bank
Gulf Coast Bank is a community bank with branches in Baton Rouge and New Orleans that offers a range of personalized financial services.
4. Upgrade
Upgrade is a strong online banking option in Louisiana with no monthly fees and high rewards.
5. Red River Bank
Red River Bank is a Louisiana-based institution with a strong reputation for customer service and branch locations across cities like Alexandria, Baton Rouge, Lafayette, Lake Charles, and Shreveport.
6. First Horizon Bank
First Horizon Bank maintains a strong presence in Louisiana, with branches in cities such as Baton Rouge, Lafayette, Metairie, Monroe, New Orleans, and Shreveport.
7. Chase Bank
Chase Bank exemplifies the advantages of banking with a national bank. They offer a comprehensive suite of services, from multiple checking account options to a free debit card usable at over 16,000 ATMs nationwide.
8. Neighbors Federal Credit Union
Neighbors Federal Credit Union serves nine participating parishes in Louisiana, including East Baton Rouge and Livingston, offering a local and accessible banking experience.
9. Regions Bank
Regions Bank is one of the best regional banks in Louisiana. It has a strong presence throughout the state, with branches in cities like Alexandria, Baton Rouge, Hammond, Lafayette, Lake Charles, Monroe, New Orleans, and Shreveport.
10. Ally Bank
Ally Bank is another great option for those who prefer online and mobile banking.
How to Choose the Best Bank in Louisiana
Our rankings of the best banks in Louisiana provide a solid starting point, but selecting the right bank depends on your unique needs. Here are key factors to consider:
- Evaluate your needs: Are you looking for high-yield savings accounts, online services, or physical branch access? Identifying priorities will help narrow your choices.
- Locations and ATM access: Consider whether you need nearby branches or if an extensive fee-free ATM network is enough.
- Account features: Compare interest rates, fees, and balance requirements to ensure accounts align with your goals.
- Online banking: Check the usability of a bank’s mobile and online platforms, focusing on security and available services.
- Customer service: Read reviews or ask for recommendations to gauge the quality and accessibility of support.
- Reviews and ratings: Look at financial health ratings and consumer reviews to confirm reliability.
- Perks and benefits: Some banks offer bonuses, overdraft forgiveness, or rewards programs—consider these when comparing options.
Types of Banks to Consider in Louisiana
Louisiana offers a mix of national banks, regional banks, community banks, credit unions, and online banks. Each has its pros and cons, depending on how you like to bank.
- National Banks: If you want a bank with branches across the country, Chase Bank is a solid option. It provides extensive financial products, rewards programs, and access to over 16,000 ATMs nationwide.
- Regional Banks: Hancock Whitney Bank, Regions Bank, and First Horizon Bank operate across multiple Southern states, offering local expertise with the resources of a larger institution.
- Community Banks: Gulf Coast Bank and Red River Bank offer personal service with checking and savings accounts designed for local customers. These banks often have fewer fees than larger institutions.
- Credit Unions: Credit unions are member-owned, non-profit institutions that often offer competitive interest rates on savings accounts and loans. Neighbors Federal Credit Union is a great choice if you prefer member-owned banking. They typically offer lower loan rates and better customer service than big banks.
- Online Banks: Online-only banks operate entirely over the internet, which often allows them to offer higher interest rates and lower fees. If you don’t need a branch, SoFi, Ally Bank, and Upgrade provide high-yield savings, no-fee checking, and digital banking tools without the overhead costs of traditional banks.
Bottom Line
The best banks in Louisiana offer more than just a place to store your money—they provide the tools and support to help you reach your financial goals. Whether you’re focused on avoiding fees, growing your savings, or managing your money on the go, the right bank can make all the difference.
Take the time to compare your options, prioritize features that matter most to you, and choose a banking partner that fits your lifestyle and financial needs.
