The best banks in the US for your money

Personal finance forecaster Kiplinger has released its first-ever ranking of the best banks in the US, because where you store your money matters, especially if you're aiming to build wealth.

Kiplinger enlisted the help of Moebs Services, an Illinois-based economic research firm, to filter the 11,831 banks and credit unions in the US by asset size, excess fees, high expenses, and sufficient capital.

Kiplinger then evaluated the "soundest financial institutions" on customer service, fees, perks, and digital offerings.

Their final list includes No. 1 picks for the best national bank, best credit union, best internet bank, and best regional banks, plus the best banks for millennials, retirees, students, high-net-worth families, travelers, and military service members.

Read on to find out the best banks, and runners-up, across 11 categories.

Check out Kiplinger's full ranking for more information about each category and bank.