Banking Rates & News

Boston Metro Area

Including Boston, Worcester, Cambridge, Manchester, Quincy, Nashua, Concord, Salem, Portsmouth, Brockton, 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

2.50% Savings Account 20K Minimum, By Invitation
Got an email for this deal, and it appears you need to have an existing account and get invited. 2.50% Savings, guaranteed rate for 12 months 20k minimum to avoid
Connexus Credit Union's 60-Month CD Now Earns 3.63% APY
Deal Summary: Share Certificates – 60-month (3.63% APY), 36-month (3.35% APY), $5k minimum deposit Availability: Easy membership requirement Two months ago, Connexus Credit Union (Connexus) caught the attention of DA
Connexus CU Raised 60 Months And 36 Months Certificates
Minimum $5k, easy to join 36 months - 3.35% APY (was 3.20%) 60 months - 3.63% APY (was 3.50%) https://www.connexuscu.org/rates/#deposit-rates
HRCU (NH) 30-Month CD Special Now Earns 3.51% APY
Deal Summary: 30-month CD Special, 3.51% APY, $500 minimum deposit Availability: Residents of New Hampshire HRCU (formerly known as Holy Rosary Credit Union) has raised the rate on its 30-month
UniBank (MA/CT/RI) Offers 14-Month CD Special, 3.00% APY
Deal Summary: 14-month CD Special, 3.00% APY, $500 min/$1m max deposit, limit of one. Availability: Online market area includes Connecticut, Massachusetts, and Rhode Island. Massachusetts-based UniBank for Savings (UniBank) is
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