Banking Rates & News

Boston Metro Area

Including Middleton, Abington, Acton, Allston, Alton, Amesbury, Amherst, Andover, Antrim, Arlington, 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

15-Month CD Special, 2.30% APY
$500 minimum deposit opens the 15-month CD Special earning 2.30% APY. You are eligible for membership if you live, work, or attend any school in the City of Worcester or
Rockland Federal Credit Union (MA) Offers Competitive 9-Month CD
Deal Summary: 9-month Share Certificate, 2.10% APY, $500 minimum deposit, $250k maximum deposit per member. Availability: Residents of the Massachusetts Counties of Barnstable, Bristol, Middlesex, Norfolk, Plymouth, and Suffolk. Rockland
MMA Dropped To 1.59%
Taken over by People's United, this once attractive 2.5% APY account at United Bank is now down to 1.59% as of 1/14/20. I'm waiting to the end of the month,
Connexus Offers $250 Bonus With A New Xtraordinary Checking Account
Deal Summary: $250 bonus when opening a new Xtraordinary Checking account, available through February 17, 2020. Availability: Easy membership requirement Now through February 17, 2020, Connexus Credit Union (Connexus) is
$250 Bonus Until 2/17/20 For Opening Xtraordinary Checking Account ($2K Debit Spend In 6 Mo)
https://www.connexuscu.org/spend/checking/ "Offer valid for new Connexus Credit Union Xtraordinary Checking Accounts opened between 12/31/2019 and 2/17/2020 with promotion code FREECHECKING. Credit Union membership required. Offer not valid for Connexus Credit
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