Banking Rates & News

Providence Area

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

Navy Federal 37-Month 3.0% APY Add-On Special, IRA/ESA Only
The very fine print: Limit one Special 37-Month IRA/ESA Certificate per member. This offer, including the stated Annual Percentage Yield (APY), is effective December 6, 2019. Navy Federal reserves the
More Rate Drops At Navy Federal :(
5 year 2.25% 18-month 2.05% 9-month 1.76%
Home Loan Investment Bank Offers Competitive eCDs
Deal Summary: eCDs – 2-year (2.50% APY), 30-month (2.55% APY), 5-year (2.60% APY), $2.5k minimum deposit, online application only. Availability: Nationwide through online application. While not one of the more
9-Month CD Special, 2.21% APY
9-month Certificate Special, 2.21% APY, $2,500 minimum deposit. Field of membership includes 15 Rhode Island communities.
Navy Special Certificate Rates (9-Month, 18-Month, 5-Year) Gone
9-month 2.25% -> 1.85% 18-month 2.6% -> 2.15% 5-year 3.0% -> 2.4% I've been buying the 5-year certificates as funds became available at 3.5%, then 3.25%. and then 3.0%. I
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