Banking Rates & News

Boston Metro Area

Including Boston, Worcester, Cambridge, Manchester, Concord, Nashua, Quincy, Salem, Brockton, Woburn, and 332 other towns.

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Banking in the Boston Area

The Boston area is a strong, deep and growing economy. It is one of the oldest large cities in the United States and has a very well established banking sector. However, banks in the area still continue to grow and add additional services. The cities of Boston, Worchester, Cambridge, Manchester, and Nashua continue to add new branches. The economy is driven by its numerous educational institutions, the pharmaceutical sector, technology, real estate, finance and trade. It also has a moderately sized manufacturing, tourism and entertainment sector.

The Boston region has about 150 banks and 160 credit unions that are headquartered in the city, including Rockland Trust Company, East Boston Savings Bank, Eastern Bank, Metro Credit Union, and Hanscom Federal Credit Union. State Street Bank, which was established all the way back in 1792, especially has proven to be a multi-national bank and financial services provider.

Overall, there are approximately 3,510 branches from nearly 200 banks and 185 credit unions. Many of the major banks, including Bank of America, JP Morgan Chase, Citibank, and Wells Fargo have a presence in the region. As the economy continues to expand, the banking sector will continue to thrive.

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Local Deals & News

Primary Bank (NH) Has Limited Time 2- And 4-Year Choice CDs
Deal Summary: 4-Year Choice CD, 2.25% APY; 2-Year Choice CD, 1.50% APY; $10k minimum deposit Availability: New Hampshire For a limited time, Primary Bank is offering two special CDs: 2-year
USAlliance CD Specials Withdrawn. Quick Look.
USAlliance removed the following CD's from its' "Current Specials" webpage today: 9 mon 1.55%, 15 mon 1.51%, 35 mon 1.71%.
Bank of New England Boosts 36-47 Month CD Rate By 102 Basis Points
Deal Summary: 36-47 Month CD, 2.27% APY, $10k minimum Availability: Market area is primarily southeastern New Hampshire and nearby Massachusetts, but according to CSR, anyone who can come into a
EWP On 36-Month Special CD
I just received the Truth in Savings Act disclosure in the mail. At the request of Sylvia, I am posting the EWP language: "If you withdraw funds prior to the
Direct FCU (MA) Raises Rates On 8-Month CD And Jumbo CD
Deal Summary: 8-month CD (1.15% APY, $250); 8-month Jumbo CD (1.20% APY, $100k); 15-month CD (1.35% APY, $250); 15-month Jumbo CD (1.40% APY, $100k) Availability: Residents of Norfolk County, Massachusetts
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