Banking Rates & News

Boston Metro Area

Including Boston, Worcester, Cambridge, Manchester, Concord, Nashua, Quincy, Salem, Brockton, Woburn, and 331 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

$100 Checking Account Bonus In MA
Bank of Canton checking account promotion Get a $100 bonus when you open a Convenience Checking account with direct deposit by June 30, 2017.
Salem Five Direct's eOne Savings 1.25% APY Guaranteed To 7/1/18
Deal Summary: eOne Savings, 1.25% APY, $500k maximum, rate guaranteed through July 1, 2018, new eOne customers only. eCD Specials – 18-month (1.50% APY) and 36-month (2.00% APY), $10k min/$500k
2.00% APY CD Special
Salem Five Direct is posting a 2% 36-month CD special as of today.
First Republic Bank Adds 28-Month CD Special
Deal Summary: 28-month CD Special, 1.70% APY, $10k min/$1m max. Availability: Market area includes California, Connecticut, Florida, Massachusetts, New York, and Oregon Over the past few years, First Republic Bank
2.20% APY 36-Month Special CD
This deal has produced yet another wrinkle (as if it hasn't had enough already). It looks like anyone with an existing 35-month special CD (1.71% APY) which matures while the
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