Banking Rates & News

Boston Metro Area

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

The Village Bank (MA) Adds 8-Month CD Special, 2.25% APY
Availability: 8-month CD Special, 2.25% APY, $500 minimum. Availability: Market area is Newton, Massachusetts and surrounding communities. The Village Bank is currently offering an 8-month CD Special, which earns 2.25%
Service Credit Union's 18-Month Share Certificate Earns 2.50% APY
Deal Summary: Share Certificates – 18-month (2.50% APY) and 24-month (2.55% APY), $1k minimum deposit. Availability: Easy membership requirement for family members of individuals who are serving, or have ever
UsAlliance Continues Rate Drop - 15 Month CD Special @ 2.70% is M.I.A.
The above referenced promo which was posted here on DA in early September appears to have been dropped off the UsAlliance website. Also, 9 month is now 2.00% APY.
USALLIANCE Financial Ups CDs, 9-month 2.50% APY, 15-month 2.70% APY
Deal Summary: Certificate Specials – 9-month (2.50% APY) and 15-month (2.70% APY), $500 minimum deposit, checking or savings relationship. Availability: Easy membership requirement. At the end of last week, USALLIANCE
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