Banking Rates & News

Providence Area

Including Providence, Cranston, Fall River, New Bedford, Warwick, Pawtucket, North Kingstown, Attleboro, Fairhaven, Westerly, 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

HarborOne Bank Introduces Remarkable Savings, 2.50% APY
Deal Summary: Remarkable Savings Account, 2.50% APY on balances between $5k and $249,999.99, rate guaranteed through December 31, 2019, $5k minimum deposit, new money. Availability: Online market area includes Connecticut,
Taunton Federal Credit Union (MA/RI) Hikes 11-Month CD To 3.11% APY
Deal Summary: 11-month Term Share Certificate, 3.11% APY, $250 minimum deposit. Availability: Residents of Bristol County, Massachusetts and most of Rhode Island. Massachusetts-based Taunton Federal Credit Union (TFCU) has raised
Navy Federal Adds 10-month Special CD, 2.75% APY w/Add-Ons
Deal Summary: 10-Month Special Certificate, 2.75% APY, $50 minimum, additional deposits up to $100k total balance. Availability: Nationwide, but a military relationship required for membership. It’s a good news/bad news
Navy Federal 2.75% 10 Mth Add-On Special
Effective today. $50 minimum deposit, $100K maximum balance. Available as Share/IRA/ESA.
IRA Rates Ending April 15th
I spoke to Navy Federal about transferring a Roth IRA and they told me the 3.75% 40 month rate would only be good through April 15th. I had to have
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