Banking Rates & News

Boston Metro Area

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

Rockland Federal Credit Union (MA) 20-Month CD Is Near Rate Leader
Deal Summary: 20-month Share Certificate, 0.70% APY, $500 minimum deposit, $250k maximum deposit per member. Availability: Residents of the Massachusetts Counties of Barnstable, Bristol, Middlesex, Norfolk, Plymouth, and Suffolk. Rockland
TD Bank $500 Bonus Offer [Checking $300 & Savings $200]
The TD Bank bonus offer posted here on the DA bonus page is only for a $300 checking bonus. This offer link is for both the checking & savings that
City of Boston Credit Union Adds Limited-Time 9-Month CD Special
Deal Summary: 9-month Share Certificate Special, 0.88% APY, $500 min/$100k max deposit, new money, limit of one per member. Availability: Residents of Middlesex, Norfolk, and Sussex Counties, Massachusetts. As part
USALLIANCE Drops $5 Withdrawal Fee For High Dividend Savings
A CSR confirms that USALLIANCE has recently dropped the withdrawal fee for the High Dividend Savings account. Current yield is a relatively competitive 0.55%, which is also the rate on
USALLIANCE Murders 12-Month CD Special Rate
USALLIANCE has slashed the 12-month CD special from last month's 0.85% to 0.65%. Apparently new rates went into effect March 10. https://www.usalliance.org/about-us/rates/savings-rates#certificate-accounts
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