Banking Rates & News

Providence Area

Including Acushnet, Assonet, Attleboro, Barrington, Berkley, Block Island, Bristol, Central Falls, Charlestown, Chepachet, and 64 other towns.

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Banking in the Providence Area

Providence is the largest city in Rhode Island, with about 180,000 people in the city proper. The capital city of Rhode Island, Providence is a major metropolitan area in the northeast, and most of the state's population lives in and around the city. In fact, Providence's metro population of about 1.6 million is about 50 percent more than the whole state of Rhode Island. Notable cities in the Providence region include Cranston, Fall River, New Bedford, Warwick, Pawtucket, Attleboro, North Kingstown, Fairhaven, and Taunton.

Providence has a long history as a major financial center, having been home to major banks including Fleet Bank and RBS Citizens Bank, which still has its headquarters in the city today. Other notable banks with headquarters in Providence or the surrounding area include TD Bank, N.A., Washington Trust Company, Bank Rhode Island, Pawtucket Credit Union, and Bristol County Savings Bank. The oldest bank still operating in the area is Washington Trust Company, which was established in 1800.

There are 20 banks and 46 credit unions that are headquartered in the Providence area. There are an additional 30 banks and 10 credit unions that are based elsewhere but have offices in the Providence region. Altogether, those banks and credit unions have about 830 branches in the area.

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Local Deals & News

Taunton Federal Credit Union Adds Rate-Leading 13-Month CD Special
Deal Summary: 13-month CD Special, 6.00% APY, $250 minimum opening deposit. Availability: 3 southeast Massachusetts counties and most of Rhode Island. For a limited-time, Massachusetts-based Taunton Federal Credit Union (TFCU)
BrioDirect High-Yield Savings Available On Website Again
Availability: High-Yield Savings, 5.35% APY on balances of $25 and above, $5k minimum opening deposit. Availability: Nationwide (internet bank) As DA reader, evol97, noted in a Forum post this week,
Brio Direct Raises Savings Account Rate To 5.35%
Received an email today that the rate has been raised to 5.35% on September 22nd.
5.35% APY Thru Maxmyinterest
Brio leapfrogged CustomersBank (still 5.30% APY) as the highest interest rate for a MaxMyInterest high yield savings account. https://maxmyinterest.freshdesk.com/support/solutions/articles/11000015383-what-are-the-current-interest-rates-offered-from-each-bank-
Navy FCU Is Alive
Navy FCU has finally made a move upward, but only on their 12 month certificates! TYPE NAME AMOUNT PREVIOUS APY NEW APY CD 12 Month $1,000 - $19,999.99 4.40% 4.90% $20,000 - $99,999.99 4.40% 4.90%
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