Banking Rates & News

Boston Metro Area

Including Abington, Acton, Allston, Alstead, Alton, Amesbury, Amherst, Andover, Antrim, Arlington, and 329 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

Savers Bank Offers Rewards Checking Account In CT, MA, and RI
Deal Summary: Ka-Ching Checking (rewards checking), 2.00% APY on qualifying balances up to $25k. Availability: Online market area includes Connecticut, Massachusetts, and Rhode Island. The third anniversary for the Ka-Ching
Review of Coastal Heritage Bank (MA) Rewards Checking Account
Deal Summary: Heritage Plus Checking, 1.25% APY on qualifying balances up to $25k. Availability: Market area includes the coastal area of five eastern Massachusetts counties. The original opening line of
Connexus Money Market Rate Decrease And Change In Terms
Connexus has 7/1 rate decrease for Money Market for new and old customers. For new customers, the MM account will no longer require active checking. However CSR said that for
USALLIANCE Financial Boosts 18-Month CD Special Rate
Deal Summary: 18-month Certificate Special, 0.80% APY, $500 minimum deposit, checking or savings relationship for required new members. Availability: Easy membership requirement. New York-based USALLIANCE Financial (USALLIANCE) added 15 bps
Liberty Bay Credit Union (MA) Offers 15-Month Bump-Up CD Special
Deal Summary: 15-month Bump-Up CD Special, 0.70% APY, $10k minimum, one-time rate increase option. Availability: 97 named towns in Middlesex, Norfolk, Plymouth, and Suffolk Counties, Massachusetts (greater Boston metro area).
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