Introduction
In the recent 2025 Best Banks to Work For ranking by American Banker, 11 out of the top 90 banks have more than $10 billion in assets. This demonstrates the robustness and vitality of these institutions amidst an ever-evolving financial landscape. Nashville based Pinnacle Financial Partners topped the list as the largest bank with assets exceeding $54 billion.
Key Mergers and Acquisitions
Interestingly, Pinnacle Financial Partners is also amidst a merger, having agreed to combine operations with Synovus Financial in Columbus, Georgia. This merger is one of the most significant bank M&A deals announced in 2025. The new entity will operate under the Pinnacle name and brand, with Synovus CEO Kevin Blair at the helm of the newly formed holding company and the bank.
Another notable bank from the list, Cadence Bank based in Tupelo, Mississippi, expects to be acquired by Huntington Bancshares, Ohio in a massive $7.4 billion all-stock deal. First Merchants Bank in Indiana is also on the acquisition trail, having agreed to buy First Savings Financial Group in Jeffersonville, Indiana, for $241 million in stock.
Top Banks with Assets Above $10 Billion
Let’s delve into the details of the 2025 Best Banks honorees with assets topping $10 billion. Note that the total assets for each bank are as of June 30, 2025, according to the Federal Deposit Insurance Corp. Employee headcounts were provided by the banks themselves when they applied to the program.
Pinnacle Financial Partners
Topping the list is Pinnacle Financial Partners based in Nashville, Tennessee. With assets worth $54.7 billion and 3,459 U.S. employees, it is the largest bank on the list. Terry Turner holds the position of President and CEO.
Seacoast Bank
Based in Stuart, Florida, Seacoast Bank follows closely with assets worth $15.9 billion. Charles Schaffer serves as the Chair and CEO, leading a team of 1,541 U.S. employees.
Bell Bank
Coming in third is Bell Bank, headquartered in Fargo, North Dakota. Under the leadership of CEO Michael Solberg, the bank has amassed assets worth $14.1 billion and boasts a workforce of 1,929.
SouthState Bank
With its base in Winter Haven, Florida, SouthState Bank is another major player. The bank, led by CEO John Corbett, has $65.9 billion in assets and employs 6,484 people across the U.S.
United Community
United Community, based in Greenville, South Carolina, also makes the list with $28 billion in assets. Led by Chair and CEO Lynn Harton, the bank employs 3,062 U.S. employees.
Other banks that made the list include Enterprise Bank & Trust, TowneBank, Cadence Bank, First Merchants Bank, Busey Bank, and Zions Bank, each with a noteworthy asset base and a strong workforce.
Conclusion
These banks not only hold substantial assets but also provide excellent work environments, qualifying them for the 2025 Best Banks to Work For list. They demonstrate the potential for growth and expansion in the banking sector, which is continuously evolving due to mergers, acquisitions, and shifting market dynamics. For more information on the Best Banks coverage, visit Best Banks to Work For 2025.
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