Asset Quality ranking · Call report data as of September 30, 2026
US Banks with Highest Credit Card Charge-Off Rate
First Savings Bank has the highest credit card net charge-off rate of any ranked US bank, at 26.08% as of September 30, 2026. The median across the 76 ranked US banks is 3.72%. That top value sits far outside the middle half of ranked banks (2.49% to 4.77%). A rate this far from the middle usually comes from a few large problem loans or from lending to borrowers with lower credit scores, so read it beside the bank's dollar amounts and its trend.
- No. 1 bank
- First Savings Bank
- Its Card charge-off rate
- 26.08%
- US median
- 3.72%
- Banks ranked
- 76
Top 76 US banks by credit card net charge-off rate
Highest first. Select a column heading to sort. The gap column shows each bank's distance from the US median of 3.72%. Missing values show as a dash and sort last.
| 1 | First Savings Bank Beresford, SD | 26.08% | $1.62B $1B to $10B |
| 2 | First National Bank Fort Pierre, SD | 24.98% | $2.09B $1B to $10B |
| 3 | First National Bank Oldham, SD | 23.76% | $595.6M $100M to $1B |
| 4 | City National Bank Los Angeles, CA | 20.97% | $101.83B $100B and over |
| 5 | Coastal Community Bank Everett, WA | 11.00% | $5.27B $1B to $10B |
| 6 | Merrick Bank South Jordan, UT | 10.84% | $9.26B $1B to $10B |
| 7 | Credit One Bank, N.A. Las Vegas, NV | 10.37% | $2.67B $1B to $10B |
| 8 | Capital Bank, N.A. Rockville, MD | 8.95% | $3.76B $1B to $10B |
| 9 | First Financial Bank Cincinnati, OH | 7.44% | $22.22B $10B to $100B |
| 10 | SoFi Bank, N.A. Cottonwood Heights, UT | 7.36% | $63.54B $10B to $100B |
| 11 | Comenity Capital Bank Draper, UT | 7.07% | $14.45B $10B to $100B |
| 12 | 1st Financial Bank USA Dakota Dunes, SD | 5.28% | $1.39B $1B to $10B |
| 13 | Santander Bank, N.A. Wilmington, DE | 5.14% | $204.02B $100B and over |
| 14 | FirstBank Puerto Rico San Juan, PR | 5.10% | $19.23B $10B to $100B |
| 15 | RBC Bank (Georgia), N.A. Atlanta, GA | 4.99% | $11.90B $10B to $100B |
| 16 | Manufacturers and Traders Trust Company Buffalo, NY | 4.87% | $219.99B $100B and over |
| 17 | BMO Bank N.A. Chicago, IL | 4.86% | $253.08B $100B and over |
| 18 | Synchrony Bank Draper, UT | 4.85% | $115.97B $100B and over |
| 19 | TD Bank USA, N.A. Wilmington, DE | 4.85% | $31.08B $10B to $100B |
| 20 | TD Bank, N.A. Wilmington, DE | 4.74% | $341.49B $100B and over |
| 21 | First Horizon Bank Memphis, TN | 4.55% | $84.02B $10B to $100B |
| 22 | Commerce Bank Kansas City, MO | 4.53% | $34.64B $10B to $100B |
| 23 | Banco Popular de Puerto Rico San Juan, PR | 4.48% | $61.91B $10B to $100B |
| 24 | Truist Bank Charlotte, NC | 4.39% | $546.61B $100B and over |
| 25 | First National Bank of Omaha Omaha, NE | 4.33% | $34.66B $10B to $100B |
| 26 | Capital One, N.A. McLean, VA | 4.22% | $661.46B $100B and over |
| 27 | Citizens Bank, N.A. Providence, RI | 4.15% | $233.59B $100B and over |
| 28 | Varo Bank, N.A. Draper, UT | 4.12% | $347.6M $100M to $1B |
| 29 | UMB Bank, N.A. Kansas City, MO | 4.12% | $72.36B $10B to $100B |
| 30 | Hancock Whitney Bank Gulfport, MS | 4.01% | $38.57B $10B to $100B |
| 31 | Barclays Bank Delaware Wilmington, DE | 4.00% | $42.49B $10B to $100B |
| 32 | Arvest Bank Fayetteville, AR | 3.97% | $27.98B $10B to $100B |
| 33 | Northwest Bank Warren, PA | 3.88% | $17.31B $10B to $100B |
| 34 | The Huntington National Bank Columbus, OH | 3.82% | $287.08B $100B and over |
| 35 | TIB, N.A. Farmers Branch, TX | 3.81% | $3.02B $1B to $10B |
| 36 | Wells Fargo Bank, N.A. Sioux Falls, SD | 3.78% | $1.91T $100B and over |
| 37 | Citibank, N.A. Sioux Falls, SD | 3.73% | $2.02T $100B and over |
| 38 | Regions Bank Birmingham, AL | 3.72% | $161.17B $100B and over |
| 39 | Lead Bank Kansas City, MO | 3.71% | $3.08B $1B to $10B |
| 40 | Simmons Bank Pine Bluff, AR | 3.60% | $24.03B $10B to $100B |
| 41 | KeyBank N.A. Cleveland, OH | 3.58% | $190.15B $100B and over |
| 42 | TCM Bank, N.A. Tampa, FL | 3.42% | $377.7M $100M to $1B |
| 43 | Fifth Third Bank, N.A. Cincinnati, OH | 3.33% | $300.34B $100B and over |
| 44 | Oriental Bank San Juan, PR | 3.30% | $12.04B $10B to $100B |
| 45 | First Hawaiian Bank Honolulu, HI | 3.30% | $23.77B $10B to $100B |
| 46 | U.S. Bank N.A. Cincinnati, OH | 3.30% | $685.33B $100B and over |
| 47 | Farm Bureau Bank FSB Reno, NV | 3.26% | $1.04B $1B to $10B |
| 48 | First Arkansas Bank and Trust Jacksonville, AR | 3.23% | $1.13B $1B to $10B |
| 49 | Bank of America, N.A. Charlotte, NC | 3.22% | $2.66T $100B and over |
| 50 | First Bank Southern Pines, NC | 3.12% | $13.14B $10B to $100B |
| 51 | Ameriprise Bank, FSB Minneapolis, MN | 3.01% | $24.69B $10B to $100B |
| 52 | USAA Federal Savings Bank Phoenix, AZ | 2.96% | $103.86B $100B and over |
| 53 | First-Citizens Bank & Trust Company Raleigh, NC | 2.84% | $240.76B $100B and over |
| 54 | JPMorgan Chase Bank, N.A. Columbus, OH | 2.71% | $4.17T $100B and over |
| 55 | Trustmark Bank Jackson, MS | 2.70% | $19.11B $10B to $100B |
| 56 | Zions Bancorporation, N.A. Salt Lake City, UT | 2.60% | $90.92B $10B to $100B |
| 57 | Pinnacle Bank Nashville, TN | 2.50% | $130.42B $100B and over |
| 58 | PNC Bank, N.A. Wilmington, DE | 2.43% | $622.20B $100B and over |
| 59 | Liberty Bank Middletown, CT | 2.42% | $9.73B $1B to $10B |
| 60 | The Central Trust Bank Jefferson City, MO | 2.26% | $20.23B $10B to $100B |
| 61 | Associated Bank, N.A. Green Bay, WI | 2.16% | $51.34B $10B to $100B |
| 62 | American Express National Bank Sandy, UT | 2.03% | $212.67B $100B and over |
| 63 | Dollar Bank, Federal Savings Bank Pittsburgh, PA | 1.84% | $12.70B $10B to $100B |
| 64 | John Deere Financial, F.S.B. Middleton, WI | 1.51% | $5.15B $1B to $10B |
| 65 | HSBC Bank USA, N.A. Tysons, VA | 1.27% | $163.38B $100B and over |
| 66 | UBS Bank USA, N.A. Salt Lake City, UT | 0.40% | $127.28B $100B and over |
| 67 | The Bancorp Bank N.A. Sioux Falls, SD | 0.35% | $9.42B $1B to $10B |
| 68 | First Bank & Trust Brookings, SD | 0.20% | $4.80B $1B to $10B |
| 69 | Goldman Sachs Bank USA New York, NY | 0.00% | $789.72B $100B and over |
| 70 | Stride Bank, N.A. Enid, OK | 0.00% | $3.60B $1B to $10B |
| 71 | WebBank Salt Lake City, UT | 0.00% | $2.85B $1B to $10B |
| 72 | Column N.A. Salt Lake City, UT | 0.00% | $2.30B $1B to $10B |
| 73 | Transportation Alliance Bank, Inc. dba Tab Bank Ogden, UT | 0.00% | $1.54B $1B to $10B |
| 74 | Evolve Bank & Trust West Memphis, AR | 0.00% | $1.20B $1B to $10B |
| 75 | The Bank of Missouri Perryville, MO | -0.01% | $4.25B $1B to $10B |
| 76 | Finwise Bank Murray, UT | -4.27% | $928.2M $100M to $1B |
Screen every US bank by size, capital, credit and earnings in the screener. Free account, no card. Open the screener →
Definition and formula
The credit card net charge-off rate is credit card balances written off as uncollectible, less recoveries on balances written off earlier, as an annualized percent of average credit card loans.
Credit card net charge-off rate = (Credit card charge-offs - Credit card recoveries), annualized / Average credit card loans
The glossary entry for Credit Card Loans explains each term, the call report items behind it and a worked example.
Which banks are ranked
This list ranks the 76 banks that meet every rule below, using each bank's latest FFIEC call report (data as of September 30, 2026).
- Banks with at least $100M in total assets, so a ratio on a very small balance sheet cannot lead the list.
- Banks with at least $25M in credit card loans, so a rate on a few loans cannot lead the list.
- Lending institutions only: charters with loans under 5% of assets, mostly trust and custody banks, are not ranked.
- Charters the regulator has closed, merged or converted are excluded.
- Each bank charter ranks on its own; holding companies are not combined.
What moves the credit card net charge-off rate
Card charge-offs follow delinquency by about six months, because a card balance must be written off once it is 180 days past due. They run far above other loan types because the loans are unsecured, so several percent a year is normal for a large issuer. Issuers that serve borrowers with lower credit scores, and small banks that run a partner card program, can run well above that. Recoveries from collections and debt sales lower the net figure.
Frequently asked questions
Which bank has the highest credit card net charge-off rate?
First Savings Bank has the highest credit card net charge-off rate of any ranked US bank, at 26.08% as of September 30, 2026, according to its FFIEC call report. First National Bank ranks second at 24.98%. The median is 3.72%.
What is the median credit card net charge-off rate among ranked US banks?
As of Q3 2026, credit card net charge-off rate for the middle half of the 76 ranked US banks ran from 2.49% to 4.77%, and the median was 3.72%. Compare a bank with peers of the same size and business model rather than with the top of this list. See the Credit Card Loans glossary entry.
How is the credit card net charge-off rate calculated?
Credit card net charge-off rate = (Credit card charge-offs - Credit card recoveries), annualized / Average credit card loans. Each bank charter is ranked on its own; holding companies are not combined. See the Credit Card Loans glossary entry.
Banks with Highest Credit Card Charge-Off Rate by state
More asset quality rankings
Source: FFIEC call reports for the quarter ended September 30, 2026, refreshed as each quarter's filings are processed. See data updates for the current freshness window. Next update: Q4 2026 Call Reports are due February 1, 2027; we expect them on the platform by mid-February 2027.
All bank rankings · Bank metrics glossary · List of all US banks