Banking Rates & News

Boston Metro Area

Including Dover, Boston, Worcester, Cambridge, Manchester, Nashua, Quincy, Concord, Salem, Brockton, and 333 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

HarborOne Bank, 14-Month Remarkable CD, 3.00% APY, July 17 and 18
UPDATE 7/16/2018: The Remarkable CD can be opened online. Deal Summary: 14-month Remarkable CD, 3.00% APY, $1k minimum deposit, new money, available July 17 and 18, 2018. Availability: Market area
Remarkable CD, 14 Months @ 3%, 7/17 & 7/18 Only
Remarkable CD 3.00% APY, 14 months 7/17-7/18 only https://www.harborone.com/remarkable3peat
Independent Savings, 2.25% APY, Guaranteed Through 12/31/18
Basically a 6-month CD with penalty-free withdrawals. Available in Middlesex, Worcester, Norfolk, and Suffolk Counties in Massachusetts. No additional deposits allowed into account. Maximum deposit of $250,000.00. A $3 service
New Citizens Access Bank Launched. 2.00% Savings Rate
The online only bank is live at citizensaccess.com 2.00% for Savings account with balance > $5000 6m CD 2.05% 12m CD 2.50% 18m CD 2.60% 2yr CD 2.75% 3yr CD 3.00% 4yr CD 3.05% 5yr CD
USALLIANCE Financial Offers 3.00% APY On 35-Month CD To Everyone
Deal Summary: Certificates – 25-month (2.85% APY) and 35-month (3.00% APY), $500 minimum deposit Availability: Easy membership requirement If you are a member of USALLIANCE Financial, you may recall receiving
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