Cambridge Savings Bank is headquartered in CAMBRIDGE and is the 6th largest bank in the state of Massachusetts. It is also the 224th largest bank in the nation. It was established in 1834 and as of March of 2025, it had grown to 466 employees at 20 locations. Cambridge Savings Bank's money market rates are 7X the national average, and it has an A health rating.
Ivy Bank Is Terrible.
(Ivy Bank is part of Cambridge Savings Bank.) I talked to an Ivy Bank representative over the phone. That representative hung up on me once the call was approaching 6 minutes. I tried calling back and got a message stating that the number you reached is not in service. Ivy Bank blocked my phone number since calling from a different phone number worked. Ivy Bank also ghosted the email I sent afterwards.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17870 |
| Year Established | 1834 |
| Employees | 466 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.37% |
| Return on Equity - YTD | 3.99% |
| Annual Interest Income | $84.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $6.84B$6.97B |
| Loans | Q1 2025vs Q1 2024 | $5.63B$5.72B |
| Deposits | Q1 2025vs Q1 2024 | $5.49B$5.5B |
| Equity Capital | Q1 2025vs Q1 2024 | $635.8MM$611.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $64.2MM$53.6MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $37MM$14.2MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
