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

LendingClub Bank Ups High-Yield Savings Rate
Deal Summary: High-Yield Savings, 0.60% APY (≥$2.5k), 0.05% APY (<$2.5k), $100 minimum opening deposit. Availability: Nationwide The fintech company that was a leader in peer-to-peer lending has become an FDIC-insured
Santander Bank Offers $400 Checking Account Bonus
Deal Summary: $400 checking bonus, available through September 30, 2021. Availability: Residents of CT, DE, MA, NH, NJ, NY, PA, RI, and portions of FL. Now through September 30, 2021,
TD Bank $200 Savings and $300 Checking Bonuses Available Again
Deal Summary: $200 bonus, TD Beyond Savings or TD Simple Savings; $300 bonus, TD Beyond Checking. Availability: Available in CT, DC, DE, FL, ME, MD, MA, NH, NJ, NY, NC,
USALLIANCE Financial Boosts 12-Month and 18-Month CD Special Rates
Deal Summary: Certificate Specials – 18-month (1.00% APY), 12-month (0.75% APY), $500 minimum deposit, checking or savings relationship for required new members. Availability: Easy membership requirement. Thanks to the DA
USALLIANCE 18Month CD Now At 1.00% APY
USALLIANCE bumped the APY on its' 18month CD (from 0.85%) to 1.00% today. https://www.usalliance.org/about-us/rates/savings-rates#certificate-accounts
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