Banking Rates & News

Providence Area

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

Taunton Federal Credit Union Adds 20-Month CD Special, 3.00% APY
Deal Summary: 20-month Share Certificate Special, 3.00% APY, $250 minimum deposit. Availability: Residents of Bristol County, Massachusetts and most of Rhode Island. Massachusetts-based Taunton Federal Credit Union (TFCU) added a
Rockland Federal Credit Union (MA) Boosts 15-Month CD To 3.00% APY
Deal Summary: 15-month Share Certificate, 3.00% APY, $500 minimum deposit, $250k maximum deposit per member. Availability: Residents of the Massachusetts counties of Barnstable, Bristol, Middlesex, Norfolk, Plymouth, and Suffolk. Rockland
Greenwood Credit Union Adds 30-Month CD, 3.25% APY
UPDATE 8/6/2018: It’s been a week since Greenwood Credit Union introduced its new 30-month CD and it has yet to be added to the online application. According to CSR, it’s
Most CD Rates Raised
NavyFed has new CD rates as of this morning. Minimum $100k. 18 mo - 2.45% 24 mo - 2.60% 3 year - 2.70% 4 year - 2.75% 5 year -
Home Loan Investment Bank Has Nationwide 18-month eCD
UPDATE 8/10/18: This CD has expired . The 18-month 3.15% eCD is no longer available. Deal Summary: 18-month eCD, 3.15% APY, $2.5k minimum deposit, online application only. 14-month CD, 3.15%
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