Overview / Commentary
109 Main Street
Gloucester, MA 01930

Cape Ann Savings Bank is headquartered in Gloucester and is the 60th largest bank in the state of Massachusetts. It is also the 1,203rd largest bank in the nation. It was established in 1846 and as of June of 2018, it had grown to 75 employees at 4 locations. Cape Ann Savings Bank's money market rates are 14% higher than the national average, and it has an A health rating.

Related Posts

View all posts from:


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 - YTD1.85%
Return on Equity - YTD7.57%
Annual Interest Income$9.9MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$603.9MM$595.9MM
LoansQ2 2018vs Q2 2017$396.3MM$364.8MM
DepositsQ2 2018vs Q2 2017$437.9MM$436.6MM
Equity CapitalQ2 2018vs Q2 2017$152.1MM$136.0MM
Loan Loss AllowanceQ2 2018vs Q2 2017$3.0MM$3.0MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$5.9MM$6.7MM
Real Estate OwnedQ2 2018vs Q2 2017$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-Passbook Savings Account
0.25%$10-IRA Savings Account
0.25%$10-Statement Savings Account
0.25%--Christmas Club
0.25%$10-Business Statement Savings Account

Cape Ann Savings Bank Money Market Rates

0.75%*$100k*-Business Money Market Deposit Account
OTHER TIERS: 0.25% $500 - $10k | 0.50% $10k - $100k
0.50%$500-Money Market Deposit Account

Cape Ann Savings Bank Checking Account Rates

0.25%$10-Free NOW Checking Account
0.25%$10-Business Sole Proprietor / Non-Profit Organization NOW Account

Cape Ann Savings Bank CD Rates

2.78%$500-5 Year CD
2.53%$500-1 1/2 Year CD
2.27%$500-3 Year CD
2.27%$500-4 Year CD
2.27%$50k-13 Month Jumbo CD Special
2.02%$500-13 Month CD Special
1.51%$500-2 Year CD
1.51%$500-2 1/2 Year CD
0.60%$500-1 Year CD
0.50%$500-6 Month CD

Cape Ann Savings Bank IRA Rates

2.78%$500-5 Year IRA
2.53%$500-1 1/2 Years IRA
2.27%$500-3 Years IRA
2.27%$500-4 Years IRA
2.02%$500-13 Month IRA Special
1.51%$500-2 Years IRA
1.51%$500-2 1/2 Years IRA
0.60%$500-1 Year IRA
0.50%$500-6 Months IRA

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 feedback@depositaccounts.com 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.