Cape Ann Savings Bank is headquartered in GLOUCESTER and is the 51st largest bank in the state of Massachusetts. It is also the 1,057th largest bank in the nation. It was established in 1846 and as of March of 2025, it had grown to 82 employees at 5 locations. Cape Ann Savings Bank's money market rates are 6X the national average, and it has an A health rating.
Overall | |
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FDIC Certificate # | 90203 |
Year Established | 1846 |
Employees | 82 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.92% |
Return on Equity - YTD | 4.65% |
Annual Interest Income | $9.7MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $979.4MM$972MM |
Loans | Q1 2025vs Q1 2024 | $691.1MM$664.5MM |
Deposits | Q1 2025vs Q1 2024 | $721.3MM$742.1MM |
Equity Capital | Q1 2025vs Q1 2024 | $197MM$189.8MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $6.1MM$5.9MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $3.6MM$3.1MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Cape Ann Savings Bank Locations | ||
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Cape Ann Savings Bank | 109 Main St | Gloucester, MA 01930 |
Manchester Branch | 17 Beach Street | Manchester, MA 01944 |
Gloucester High School Branch | Leslie O. Johnson Road | Gloucester, MA 01930 |
Granite Br | 247 Main Street | Rockport, MA 01966 |
To Be Determined Branch | 4 School House Road | Gloucester, MA 01930 |