Banking Rates & News

Springfield Area

Including Springfield, West Springfield, Westfield, Chicopee, Holyoke, East Longmeadow, Northampton, Ludlow, Amherst, GREENFIELD, and 31 other towns.

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Banking in the Springfield Area

The historical town of Springfield, Massachusetts, began as a bustling agricultural community and trading post. Its fertile soil and abundant water supply made it the perfect place for people to settle and call home. The oldest active bank in the area is Country Bank for Savings, which was established in 1850. Springfield is part of the beautiful Connecticut River Valley and is surrounded by mountains and rolling hills. Today’s modern Springfield is a bustling metropolitan area that is home to many Fortune 100 companies, hospitals, universities, and banks. People from all around the state come to Springfield to shop and enjoy the many cultural activities that are available throughout the city.

The large number of financial institutions in and around the Springfield area including Westfield, West Springfield, Chicopee, Holyoke, Northampton, East Longmeadow, Amherst, and Greenfield are indicative of economic success. There are 12 banks and 18 credit unions that have chosen Springfield as their headquarters. The institutions that have their headquarters in Springfield include PeoplesBank, Easthampton Savings Bank, Country Bank for Savings, Westfield Bank, and Florence Savings Bank. The fast-paced world of today demands a full-service bank that is centered on the needs of its customers and Springfield banks have done exactly that. There are approximately 340 branches from nearly 30 banks and 20 credit unions in the Springfield area. Their goals are to improve communities through dedicated service while creating an environment of confidence. Credit unions and banks help communities such as Springfield continue to grow and thrive with up to date banking products that are designed to make life easier and more productive.

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Local Deals & News

New Citizens Access Bank Launched. 2.00% Savings Rate
The online only bank is live at citizensaccess.com 2.00% for Savings account with balance > $5000 6m CD 2.05% 12m CD 2.50% 18m CD 2.60% 2yr CD 2.75% 3yr CD 3.00% 4yr CD 3.05% 5yr CD
2-Year CD, 2.50% APY
For residents of Connecticut, New York, Massachusetts, and Rhode Island. 2-year CD, 2.50% APY, $1,000 minimum deposit. Checking account required.
United Bank Ups Advantage MMA Special Rate
Deal Summary: Advantage Money Market Special, 1.95% APY, 180-day rate guarantee, minimum $500 opening deposit, new money, available only online. Availability: Market area for the online Advantage Money Market Special
$400 Bonus On New Platinum Checking Accounts
https://www.citizensbank.com/promotion/platinum/cash-offer-400.aspx To qualify for the $400 bonus you must open your first new Platinum checking account between 3/30/2018 and 6/30/2018 and have at least 1 single direct deposit of $1,000
High Yield Savings Account, 1.86% APY, $50K Minimum
https://www.quabbinocu.com/Rates.aspx Earn 0.850% APY on your deposits of $25 - $49,999.99. Earn 1.860% on your deposits of $50,000.01 - $250,000. Example: an account with $100,000 balance will earn 0.850% on
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