Banking Rates & News

Boston Metro Area

Including Abington, Acton, Allston, Alstead, Alton, Amesbury, Amherst, Andover, Antrim, Arlington, and 330 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

Briodirect High-Yield Savings Lowered To 4.35% APY
Another drop by BrioDirect. It is now down to 4.35% APY.
LendingClub Bank’s LevelUp Savings Rate Drops To 4.40%
LendingClub Bank’s LevelUp Savings rate drops to 4.40% from 4.50%. To obtain the 4.40% LevelUp Savings rate requires depositing $250+ per month into the account. If you do not deposit
Briodirect High-Yield Savings Lowered To 4.45% APY
BrioDirect High-Yield Savings has been lowered to 4.45% APY. It was 4.50% APY.
DCU Lowers Rate On First $1,000 in account From 6.17% APY To 5.50% APY
It appears that effective 01 April DCU has lowered the rate it offered to its members on the first $1000 in their savings account from the generous 6.17% APY to
USALLIANCE Financial Increases Rate of 12-Month CD Special
Deal Summary: 12-month Certificate Special, 5.40% APY, $500 minimum deposit. Availability: Easy membership requirement At the start of March, New-York based USALLIANCE Financial (USALLIANCE) increased the rate of the 12-month
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