BestBanksNear.me

The Best Banks in Troy, Michigan

Our research team has identified the top 3 banks in Troybased on customer service, rates, digital features, and customer satisfaction.

3
Top Banks
4.3/5
Avg Rating
48
Total Branches
747
Total Reviews

Top Banks in Troy

Carefully selected based on customer service, rates, and digital features

1

Huntington Bank

Bank

★★★★☆
4.2/5

One of the largest regional banks in the Midwest with strong presence throughout Metro Detroit. Known for their 24-hour grace period on overdrafts and extensive branch network. Offers comprehensive personal and business banking services with excellent digital tools.

Branches:12 locations
Reviews:187 customer reviews
755 W Big Beaver Rd, Troy, MI

Services:

Checking AccountsSavings AccountsPersonal LoansMortgagesBusiness BankingDigital BankingInvestment ServicesCredit CardsAuto Loans
2

Flagstar Bank

Bank

★★★★☆
4.1/5

Headquartered in Troy, Flagstar is one of Michigan's largest banks and a national leader in mortgage lending. Offers competitive rates on savings and checking accounts with robust online and mobile banking platforms. Strong local presence with personalized service.

Branches:8 locations
Reviews:234 customer reviews
5151 Corporate Dr, Troy, MI

Services:

Checking AccountsSavings AccountsMortgagesPersonal LoansBusiness BankingDigital BankingCredit CardsAuto LoansInvestment Services
3

DFCU Financial

Credit Union

★★★★☆
4.6/5

Michigan's largest credit union with excellent rates and low fees. Serves all of Metro Detroit including Troy residents. Known for exceptional member service, competitive loan rates, and high-yield savings accounts. Offers shared branching through the CO-OP network.

Branches:28 locations
Reviews:326 customer reviews
4000 Town Center, Southfield, MI

Services:

Checking AccountsSavings AccountsPersonal LoansMortgagesAuto LoansCredit CardsStudent LoansInvestment ServicesBusiness Banking

Think you should be listed here?

Contact our editorial team to discuss being featured among the top banks in Troy.

Get in Touch

Frequently Asked Questions

Common questions about banking in Troy, Michigan

What are the benefits of using a local credit union like DFCU Financial in Troy, and how does it differ from the larger national banks in the area?

DFCU Financial, headquartered in Dearborn with a strong presence in Troy, offers several member-focused benefits. As a credit union, it is a not-for-profit financial cooperative, which often translates to lower loan rates, higher savings yields, and fewer fees compared to large national banks. Members also have access to shared branches and a large, surcharge-free ATM network. The key difference is that you must be eligible for membership (which is broad and often includes living, working, or worshiping in certain Michigan counties) to join, whereas national banks like Huntington or Flagstar are open to the general public.

With Troy being a major hub for the automotive and technology industries, are there specialized business banking services available for these sectors?

Yes, Troy's status as a corporate headquarters city for many automotive suppliers and tech firms means local banks have developed specialized services. Flagstar Bank, for instance, has a significant commercial banking division with expertise in automotive supplier financing and dealer floorplan lending. Huntington Bank also offers robust commercial services, including treasury management and lines of credit tailored for manufacturing and technology businesses with cyclical cash flows. It's advisable for business owners in these sectors to schedule consultations with the commercial banking officers at local branches to discuss industry-specific solutions.

I'm a new resident moving to Troy for work. What is the most efficient way to find a bank branch or ATM near the Somerset Collection or along the Big Beaver Road corridor?

Welcome to Troy! The Somerset Collection area and Big Beaver Road are major commercial corridors with excellent banking access. Huntington Bank and Flagstar Bank have multiple branches and ATMs in this area for convenience. The most efficient way to locate them is to use your bank's mobile app, which will show the nearest branches, ATMs, and their hours. Alternatively, a quick online search for "Huntington Bank near Somerset Collection" or "Flagstar ATM on Big Beaver Rd" will yield precise results. DFCU Financial also has an ATM inside the Somerset Collection mall itself for easy access while shopping.

Are there any local banks in Troy that offer special mortgage programs for first-time homebuyers in Oakland County?

Absolutely. Given the competitive housing market in Oakland County, several Troy-based institutions have programs designed to help first-time homebuyers. Flagstar Bank, a major mortgage lender, offers various low-down-payment options and has mortgage consultants familiar with the Troy real estate market. DFCU Financial also provides first-time homebuyer mortgages, sometimes with more flexible credit requirements for its members. Additionally, Huntington Bank's "Welcome Home" program is a popular choice, offering down payment assistance and closing cost grants for eligible buyers in Michigan. It's best to compare offers from multiple lenders.

How can I access banking services in Troy outside of normal business hours, especially with the harsh Michigan winters?

Troy's financial institutions are well-equipped for 24/7 access and inclement weather. All major banks, including Huntington, Flagstar, and DFCU, offer full-service online and mobile banking, allowing you to deposit checks, pay bills, and transfer money anytime. Drive-thru ATMs are common at branches throughout the city for quick, all-weather transactions. Furthermore, many branches feature ITMs (Interactive Teller Machines) that allow you to video conference with a live teller during extended hours, even when the physical lobby is closed. This is particularly useful during snowstorms when you may prefer not to leave your car.

Finding Your Closest Bank in Troy, Michigan: A Guide to Local Convenience

Expert insights about banking in Troy

For busy residents of Troy, Michigan, finding a reliable and conveniently located bank is about more than just managing money—it’s about saving precious time. Whether you’re running errands at Somerset Collection, heading to a meeting, or picking up the kids, having your closest bank branch nearby can make a significant difference in your daily routine. Thankfully, Troy is home to several major financial institutions with multiple branches, making it easier than ever to find one that fits your lifestyle.

When considering your closest bank, the first step is to think about your typical routes. Are you often near Big Beaver Road and I-75, or do you spend more time in the neighborhoods off Rochester Road? For those near the bustling commercial corridors, Huntington Bank has a strong presence with several branches, including locations on West Big Beaver and Rochester Road. Their extensive network of ATMs, including many in local Kroger stores, adds an extra layer of convenience for quick cash withdrawals or deposits without needing to find a standalone branch.

Another excellent local option with deep roots in the community is DFCU Financial. As a leading credit union, DFCU offers the personalized service many residents appreciate, with key branches on Livernois Road and near the Troy Civic Center. Credit unions like DFCU are member-owned, which can translate to better rates on savings accounts and loans. For those who value a community-focused financial partner and live or work near these areas, DFCU could be your ideal closest bank.

Flagstar Bank also maintains a notable footprint in Troy, with branches such as their location on Coolidge Highway. Flagstar is known for its mortgage lending expertise, which can be a major plus for Troy homeowners or those looking to buy in the area. Having a branch close by for in-person consultations on home loans or business banking can be incredibly valuable.

Beyond just proximity, your choice should also align with your banking habits. If you primarily bank digitally, the “closest bank” might be the one with the best mobile app and online services, reducing the need for physical visits. However, for tasks like notarizing documents, safe deposit box access, or complex account discussions, a nearby brick-and-mortar location is essential. We recommend using online maps to pinpoint branches relative to your home and workplace, and then visiting their websites to confirm hours of operation—some locations may have limited lobby hours or be drive-thru only.

Ultimately, the best closest bank for you in Troy balances sheer convenience with the services you need most. Take a short drive to explore a couple of local branches in person. Notice the parking availability, get a feel for the customer service, and ask about any special accounts for local residents. By choosing a bank that’s both geographically and financially convenient, you’ll streamline your finances and gain a trusted partner right in your own community.

Nearby Cities

Explore banking options in cities near Troy

How We Rate Troy Banks

Our comprehensive 5-star rating system evaluates banks across multiple criteria to help you find the best financial institution in Troy.

Customer Service & Support

Service quality, responsiveness, and customer satisfaction ratings.

Fees & Interest Rates

Competitive rates, transparent fees, and overall value proposition.

Digital Banking Features

Mobile app quality, online features, and digital innovation.

Need Banking Services in Troy?

Contact one of our top-rated banks today to learn more about their services and find the right banking solution for your needs.