MINNEAPOLIS, Minn. — U.S. Bank has earned recognition by Money magazine as one of its 2016-2017 Best Banks, according to the annual survey released recently.

U.S. Bank was named the “Best Big Bank” in a tie with TD Bank.

“U.S. Bank provides a winning combination of broad coverage, easily waived maintenance fees (with a $1,500 average monthly balance on basic checking, say), and great service,” Money reports in its article. “It has outposts in half the states in the country, with a particularly strong presence in the West, and takes top marks for customer service, according to J.D. Power. And the bank offers discounted auto and other loan rates to customers — something done by fewer than half of the brick-and-mortar banks Money analyzed.”

Money analyzed the 75 largest brick-and-mortar banks and online banks by consumer deposits, based on data from consulting firm Novantas, as well as the 50 biggest credit unions. From almost 800 accounts, Money gathered more than 27,000 data points, including account terms, ATM networks, branch hours, mobile-app features, preferential loan rates and other benefits.

U.S. Bank also earned recognition as the “Most Trusted Retail Bank” for the 10th year in a row from the Ponemon Institute in its Privacy Trust Study for Retail Banking. U.S. Bank is also one of only two domestic banks earning recognition from third-party organization Ethisphere as one of the World’s Most Ethical Companies, an honor U.S. Bank earned for the second year in a row.