Banking Rates & News

Boston Metro Area

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

Rate Drop Again
Just logged in and found their interest rate is now down to 2.3%.
St. Jean's Credit Union (MA) Offers 11-Month CD Special, 2.76% APY
Deal Summary: 11-month CD Special, 2.76% APY, $500 min/$250k max deposit, new money. Availability: Residents of Essex, Middlesex, and Suffolk Counties, Massachusetts. St. Jean’s Credit Union (St. Jean’s CU) is
Envision Bank Now Offers Product Line Nationwide
Deal Summary: Preferred Plus Money Market, 2.35% APY, $50k min; Savvy Savings, 2.27% APY, $10 min; Envision Max Checking (rewards checking account), 2.55% APY, up to $25k. Availability: Nationwide, with
Connexus Rates Decline Again
Connexus CU lowered several certificate rates since yesterday. 2.80%(Was 3.00%) 60 Month Share Certificate 2.70%(Was 2.90%) 42 Month Share Certificate - Renewals Only 2.70%(Was 2.85%) 36 Month Share Certificate 2.60%(Was
36-Month CD Special, 3.04% APY
$1,000 opens the 36-month CD Special, 3.04% APY. Membership open to individuals who live or work in Norfolk or Suffolk Counties in Massachusetts, or 11 named communities in Middlesex County.
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