Banking Rates & News

Providence Area

Including Acushnet, Assonet, Attleboro, Barrington, Berkley, Block Island, Bristol, Central Falls, Charlestown, Chepachet, and 63 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

CD Rate Drop
Long-term rate down to 1.35% from 1.5% APY. Ever so happy we locked in the 3% APY (2.96% rate) 5-year back on October 22, 2019. Just keeps clicking along, pumping
Online Only Money Market, 2.01% APY, $25K+
Available to new and existing members for balances deposited between $25,000 and $2,499,999. A minimum of $25,000 opening amount and minimum daily balance to obtain APY and not currently on
Home Loan Investment Bank Offers 5-Year eCD Nationwide
Deal Summary: 5-year eCD, 1.75% APY, $2.5k minimum deposit, online application only. Availability: Nationwide through online application. Rhode Island-based Home Loan Investment Bank (HLIB) has been offering a limited number
MM & CD Rate Cuts
Looks like money market and CD rates were cut this morning!
Santander Waiving Early Withdrawal Fees For CDs
For our Retail Bank Customers: We are providing assistance in a number of ways including: helping those experiencing difficulties with loan payments; waiving fees associated with early CD withdrawals; and
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