GOBankingRates Study Finds 11 Top Banks for Life's Biggest Financial Milestones

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Sep 16, 2014, 07:15 ET

LOS ANGELES, Sept. 16, 2014 /PRNewswire/ -- To help consumers conquer their biggest financial goals, a new study from leading personal finance website GOBankingRates found the 11 best banks for four major life events: opening a first bank account, buying a first car, buying a first home and beginning to plan for retirement.

The study investigated the top 25 U.S. commercial banks by assets, evaluating each institution's ability to help customers plan for their biggest banking decisions, based on products, services, tools and overall customer experience. Coming in first in each category were HSBC, U.S. Bank and PNC Bank (which placed highest in two categories).

Visit GOBankingRates.com to see the complete rankings:
http://bit.ly/1qFG8Sr

"Your biggest financial decisions – starting retirement, purchasing a home – involve a lot of work, planning and stress, from researching your options to completing paperwork and meeting minimum requirements," said Jennifer Calonia, editorial manager for GOBankingRates.

"Frankly, individuals taking these steps need a bank that will be their partner in fulfilling their financial goals, making something that can be incredibly painful a lot easier to manage. Our aim in conducting this study was to help showcase strong institutions that are widely available for Americans looking to accomplish their financial firsts."

Below is the top bank in every category:

First Bank Account: U.S. Bank
First New Car: PNC Bank
First Home: HSBC
Entering Retirement: PNC Bank

To see details on the winners and runners-up, visit http://bit.ly/1qFG8Sr.

About GOBankingRates

GOBankingRates.com is a leading portal for personal finance news and features, offering visitors the latest information on everything from interest rates to strategies on saving money, managing a budget and getting out of debt. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, Business Insider, Daily Finance, The Huffington Post, Forbes and more. It also specializes in connecting consumers with the best local, national and online banks, credit unions and interest rates nationwide, aggregating over 11 million rates from more than 6,000 financial institutions.

For questions, please contact:

Connie Lundegard
GOBankingRates.com
[email protected]
310-297-9233x112

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SOURCE GOBankingRates