Banking Rates & News

Providence Area

Including Providence, Cranston, Fall River, New Bedford, Warwick, Pawtucket, North Kingstown, Attleboro, Fairhaven, Taunton, and 61 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

15 Month CD At 3% APY For Military Members
Navy Fed CU for Military Appreciation Month (of May), is offering a 3% APY, 15 month CD, max Funding is $10k.  You can read more about it here Military Appreciation Month |
15 Month CD At 3% APY For Military Members
Navy Fed CU for Military Appreciation Month (of May), is offering a 3% APY, 15 month CD, max Funding is $10k.  You can read more about it here Military Appreciation Month |
New Competitive 16 Month And 32 Month CD Rate
CD rate as high as 1.4% for 16 month and 2.0 for 32 month. http://www.savingsinstitute.com/
Navy FCU Raises Some C/D Rates
Appears as tho Navy FCU has raised some of it's 5-7 year C/D's--a/o 2/1/16 5yr--2.15% 6yr--2.25% 7yr--2.35% Not as good as Special 2.5% 30 months--but, respectable
Expired - 30 Month, 2.5% Share Certificate - $5K Minimum.
Members of Navy Federal credit union may purchase 30 month share certificates with a 2.5% APY.   Minimum purchase is $5000.00.