What bank does Clark Howard recommend?
Nationally syndicated consumer expert and financial radio host Clark Howard consistently recommends utilizing credit unions and major online banks that offer robust consumer protections, zero account maintenance fees, and widespread fee-free ATM access. Rather than endorsing a single traditional brick-and-mortar financial institution, he frequently highlights digital-backed institutions such as Ally Bank, Capital One, Discover Bank, and various cooperative credit unions. He stresses that consumers should look for institutions providing high-yield savings returns, strong mobile banking tools, and comprehensive customer service without hidden fee structures.
Related FAQs
Valley National Bank, the principal operating subsidiary of Valley National Bancorp, traces its institutional roots back to its founding in northern New Jersey in 1927 under the original corporate name Passaic Park Trust Company.
Valley Bank operates as a substantial regional financial institution rather than a small community bank, managing tens of billions of dollars in total consolidated assets.
Valley Bank stands out as a robust regional financial institution with substantial asset size, consistent earnings performance, and a comprehensive suite of commercial and retail banking services.
Nevada residents have access to a robust mix of massive national banking institutions and strong regional lenders operating across Las Vegas, Reno, and surrounding areas.
Valley Bank provides a variety of fixed-rate certificate of deposit terms with yields structured to match prevailing macroeconomic conditions, frequently offering promotional yields around 3.50% to 4.00% APY depending on the chosen maturity length.