The latest U.S. statistics and trends on personal banking have been published, covering the shift toward digital cash management, the share of the population that is unbanked, bank account ownership, the asset share of major banks, deposit insurance coverage and bank failure cases.
The median balance in U.S. transaction accounts was reported to be $8,200 in 2025, down 7% from 2022 in the same series. Transaction accounts include checking and savings deposits, money market deposits, call deposits and prepaid debit cards.
As of 2025, 6% of adults were reported to be unbanked. By income level, the lower the income, the higher the unbanked rate, reaching 21% among those with lower annual incomes. At the same time, digital banking has gained ground, with smartphone apps reported to be the most widely used account-management method.
In 2024, smartphone app management accounted for 55% of digital banking use, online banking for 22% and branch use for 8%. Debit card spending growth was notable, reportedly exceeding credit card spending growth by 6.57% in the first half of 2025, while the CD ownership rate was 10.7%.
As of June 2026, the assets of the five largest banks in the United States were reported to account for 45% of the total, with JPMorgan Chase, Bank of America, Citibank, Wells Fargo and Goldman Sachs ranking among the leaders.
FDIC insurance covers up to $250,000 per account and protects covered deposits in the event of a bank failure, while investment products are excluded. Insurance applies separately by ownership category. As of the second quarter of 2026, approximately 4,238 FDIC-insured banks and savings institutions held total assets of approximately $26.46 trillion.
According to supporting information from the FDIC, deposit insurance is applied separately by account type and depositor category, and dividing assets among multiple ownership categories may increase the total amount insured.