GoBanking Rate, an online resource that helps consumers find deals on financial products nationwide, this week named BBVA USA one of the Best Regional Banks of 2020.
GOBankingRate cited BBVA’s free checking account options as well as its high 12-month CD rate as reasons for including the bank. It also noted BBVA’s fee-free account access at up to 64,000 ATMs on higher level checking accounts.
“At BBVA, we continually work to create the value our customers seek in the products and services we provide,” said BBVA USA Head of Retail Banking Murat Çagri Süzer.
This year marks the eighth annual Best Banks ratings, which analyzes more than 3,300 data points across more than 130 banks. Regional banks are defined as those serving multi-state areas with a presence in at least five states but fewer than 20.
Banks were ranked according to checking account fees, savings account and CD rates, and financial strength. The depth of the banks’ product lines also carried weight in the ranking.