We're talking Bank of America and Wells Fargo here. These institutions have all that banking has to offer and more. They're located all over the United States and often have outposts abroad. The price you pay for all these options and convenience will be in form of higher fees, lower earned interest rates, and impersonal service. Many industries have created their own nonprofit banking option called the credit union.
Some credit unions are also open to the public.
Membership has its privileges. With credit unions there is usually a personal touch, as well as lower fees for services and loans. The information superhighway is dotted with online-only banks. Many of them are FDIC insured and many tout their convenience and efficiency. There are other banking options, such as savings and loans, private banks, and brokerage firms or insurance subsidiaries.