Cape Ann Savings Bank

Overview / Commentary
109 Main Street
Gloucester, MA 01930

Cape Ann Savings Bank is headquartered in Gloucester and is the 56th largest bank in the state of Massachusetts. It is also the 1,139th largest bank in the nation. It was established in 1846 and as of December of 2020, it had grown to 76 employees at 4 locations. Cape Ann Savings Bank has an A+ health rating.


No reviews have been left for this bank yet. Be the first to review.


Health Grade Components

FDIC Certificate #90203
Year Established1846
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD3.73%
Annual Interest Income$23.3MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$774.8MM$683.2MM
LoansQ4 2020vs Q4 2019$463.2MM$428.0MM
DepositsQ4 2020vs Q4 2019$579.7MM$496.9MM
Equity CapitalQ4 2020vs Q4 2019$168.0MM$160.1MM
Loan Loss AllowanceQ4 2020vs Q4 2019$4.3MM$3.7MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$4.7MM$5.0MM
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Cape Ann Savings Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cape Ann Savings Bank Savings Account Rates

0.25%$10-IRA Savings Account
0.25%$10-Statement Savings Account
0.13%$10-Passbook Savings Account
0.13%--Christmas Club
0.10%$10-Business Statement Savings Account

Cape Ann Savings Bank Money Market Rates

0.20%*$100k*-Money Market Deposit Account
OTHER TIERS: 0.15% $10 - $100k
0.15%*$100k*-Business Money Market Deposit Account
OTHER TIERS: 0.10% $500 - $100k

Cape Ann Savings Bank Checking Account Rates

0.13%$10-Free NOW Checking Account
0.10%$10-Business Sole Proprietor / Non-Profit Organization NOW Account

Cape Ann Savings Bank CD Rates

0.75%$500-5 Year CD
0.50%$500-6 Month CD
0.50%$500-1 Year CD
0.50%$500-1 1/2 Year CD
0.50%$500-2 Year CD
0.50%$500-2 1/2 Year CD
0.50%$500-3 Year CD
0.50%$500-4 Year CD
0.50%$500-9 Month CD

Cape Ann Savings Bank IRA Rates

0.75%$500-5 Year IRA
0.75%$500-5 Year Keogh
0.50%$500-6 Months IRA
0.50%$500-1 Year IRA
0.50%$500-1 1/2 Years IRA
0.50%$500-2 Years IRA
0.50%$500-2 1/2 Years IRA
0.50%$500-3 Years IRA
0.50%$500-4 Years IRA
0.50%$500-9 Month IRA
0.50%$500-6 Months Keogh
0.50%$500-9 Month Keogh
0.50%$500-1 Year Keogh
0.50%$500-1 1/2 Years Keogh
0.50%$500-2 Years Keogh
0.50%$500-2 1/2 Years Keogh
0.50%$500-3 Years Keogh
0.50%$500-4 Years Keogh

Cape Ann Savings Bank Locations
Cape Ann Savings Bank109 Main StreetGloucester, MA 01930
Manchester Branch17 Beach StreetManchester, MA 01944
Gloucester High School BranchLeslie O. Johnson RoadGloucester, MA 01930
Granite Br247 Main StreetRockport, MA 01966

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.