Banking Rates & News

Boston Metro Area

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

36 Month 1.25%, 18 Month 1.15%
https://www.usalliance.org/about-us/rates/savings-rates#certificate-accounts The title says it all
USALLIANCE Financial Adds 35-Month Certificate Special
Deal Summary: 35-month Certificate Special, 1.00% APY, $500 minimum deposit, checking or savings relationship required new members. Availability: Easy membership requirement. USALLIANCE Financial (USALLIANCE) has added another limited-time Certificate Special
Massive Rate Cut 0.80% To 0.61% APY
HIGH YIELD SAVINGS 0.61% APY
The Savings Bank's Kasasa Cash Checking Available in MA and NH
Deal Summary: Kasasa Cash, 2.00% APY on qualifying balances up to $15k. Kasasa Saver, 1.51% APY on qualifying balances up to $25k. Availability: Massachusetts and New Hampshire. The Saving Bank
Primary Bank's Online CDs Now Available Only in New England States
Deal Summary: 4-Year CD, 1.20% APY; 5-Year CD, 1.30% APY; $1k minimum deposit. Availability: Market area now limited to Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. DA readers
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