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292 Cambridge Street
Cambridge, MA 02141

East Cambridge Savings Bank is headquartered in Cambridge and is the 37th largest bank in the state of Massachusetts. It is also the 797th largest bank in the nation. It was established in 1854 and as of March of 2014, it had grown to 153 employees at 9 locations. East Cambridge Savings Bank's savings rates are 54% higher than the national average, and it has a A health rating.

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Reviews (2)

Isave Club Is A JOKE!

I went into a branch today to open one and they told me that it's for kids only!!!  What crap.  I claimed false advertising and misleading the public.

Great Bank*

This is a great bank, with great customer service. If you ever need assistance, they are easy to talk to, and they make sure they have you satisfied before leaving. The Inman Sq. location in Cambridge is the best. Plenty of parking in their lot (which is hard to find in Cambridge). Knowledgeable customer service, and the manager was a pleasure to deal with.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 East Cambridge Savings Bank had $2.09 million in non-current loans and owned real-estate with $88.71 million in equity and loan loss allowances on hand to cover it. This gives East Cambridge Savings Bank a Texas Ratio of 2.36% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for East Cambridge Savings Bank decreased slightly from 2.96% as of March 31, 2013 to 2.36% as of March 31, 2014, resulting in a positive change of 20.31%.This indicates that the balance sheet and financial strength for East Cambridge Savings Bank has improved slightly in recent periods.

Deposit Growth


In the past year, East Cambridge Savings Bank has increased its total deposits by $2.53 million, resulting in 0.35% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth East Cambridge Savings Bank has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. East Cambridge Savings Bank has $849.23 million in assets with $88.71 million in equity, resulting in a capitalization level of 10.45%, which is above average.

Institution Statistics

FDIC Certificate #90173
Year Established1854
Primary RegulatorFED
Assets and Liabilities
Assets$849.23 million
Loans$548.83 million
Deposits$735.47 million
Equity Capital$84.80 million
Loan Loss Allowance$3.91 million
Unbacked Noncurrent Loans$1.78 million
Real Estate Owned$311,000
Historic Data - March 2013
Assets$845.47 million
Equity Capital$81.04 million
Loan Loss Allowance$4.03 million
Unbacked Noncurrent Loans$1.78 million
Real Estate Owned$179,000
Profit Margin - Quarterly
Return on Assets0.39%
Return on Equity3.95%
Interest Income$6.90 million

Always verify rates and promotions with the bank or credit union. We are not East Cambridge Savings Bank, we are a rate comparison website and can not provide official rates or promotions.

East Cambridge Savings Bank Savings Account Rates

0.80%--eAccess Savings
0.50%-$50kiSave Club
0.40%$25k-Special Select Banking Package - Savings Account
0.25%-$500kBusiness Advantage Savings
0.20%$100k-Advantage Savings
0.20%$1k-Relationship Savings
0.15%$10k-Special High Yield Savings
0.15%--Statement Savings
0.15%--Passbook Savings

East Cambridge Savings Bank Money Market Rates

0.25%$5k-Money Market Management
0.15%--Money Market Deposit
0.15%--IRA Money Market

East Cambridge Savings Bank Checking Account Rates

0.25%--Connection Checking
0.20%$50k-Business Select Banking
0.05%--NOW Checking

East Cambridge Savings Bank CD Rates

1.00%$1k-3 Year CD
0.90%$1k-2 Year CD
0.75%$1k-18 Month CD
0.65%$1k-15 Month CD
0.40%$1k-9 Month CD
0.40%$1k-12 Month CD
0.30%$1k-5 Month CD
0.30%$1k-7 Month CD

East Cambridge Savings Bank IRA Rates

1.00%$1k-3 Year IRA
0.90%$1k-2 Year IRA
0.75%$1k-18 Month IRA
0.65%$1k-15 Month IRA
0.40%$1k-9 Month IRA
0.40%$1k-12 Month IRA
0.30%$1k-5 Month IRA
0.30%$1k-7 Month IRA

East Cambridge Savings Bank Locations
Arlington Branch105 BroadwayArlington, MA 2474
Cambridge Branch1310 Cambridge StreetCambridge, MA 2139
Cambridge Branch2067 Massachusetts AvenueCambridge, MA 2140
Salem Street Office Branch243 Salem StreetMedford, MA 2155
Highland Branch285 Highland AvenueSomerville, MA 2143
East Cambridge Savings Bank292 Cambridge StreetCambridge, MA 2141
Trapelo Road Banking Center395 Trapelo RoadBelmont, MA 2478
Cambridge Branch459 BroadwayCambridge, MA 2138
Wal-Lex Shopping Center Branch860 Lexington StreetWaltham, MA 2452