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

Savings Accounts Discontinued
CSR I spoke to says the rate will stay the same at 3.75%. They have no immediate plans to open a new account.
Special 15 Month Certificate
Received an email this afternoon announcing that a 15 Month 5.0% APR special certificate will be available for purchase on January 9th. I spoke with a rep who indicated that
NFCU 5% CD Rate Coming
Received an email this afternoon from NFCU promoting a 15-month 5% CD that will be offered starting January 9th. No details on deposit limits.
Special 15-Month Certificate
Received this notice from NFCU via email 1/5/23 @ 4:15pm: Earn More With Our Highest Rate in 10 Years 5.00% APY It’s our mission to help your money grow. As
New Navyfed Rates, Increased 12-19-22
Surprised that no one posted on this yet, but NavyFed raised their CD rates a bit today. Too many rates (with Standard, various EasyStarts, etc) to post, but here's a
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