East Cambridge Savings Bank is headquartered in Cambridge and is the 42nd largest bank in the state of Massachusetts. It is also the 782nd largest bank in the nation. It was established in 1854 and as of September of 2020, it had grown to 148 employees at 12 locations. East Cambridge Savings Bank has an A+ health rating.
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.
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.
Overall | |
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FDIC Certificate # | 90173 |
Year Established | 1854 |
Employees | 148 |
Primary Regulator | FED |
Profit Margin | |
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Return on Assets - YTD | 0.5% |
Return on Equity - YTD | 5.01% |
Annual Interest Income | $31.0MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $1.20B$1.14B |
Loans | Q3 2020vs Q3 2019 | $909.8MM$870.7MM |
Deposits | Q3 2020vs Q3 2019 | $1.03B$943.0MM |
Equity Capital | Q3 2020vs Q3 2019 | $119.0MM$115.0MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $6.3MM$5.0MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $1.2MM$1.5MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $77.00K$86.00K |
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 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | - | $50k | Kasasa Saver | ||
OTHER TIERS: 0.25% → $50k+ | |||||
0.35% | $10 | - | Connection Savings Account | ||
0.10% | $10 | - | iSave Club | ||
0.03% | $10 | - | Business Advantage Savings | ||
0.03% | $10 | - | Passbook Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.75%* | - | $20k | Kasasa Cash Checking | ||
OTHER TIERS: 0.25% → $20k+ | |||||
0.03% | - | - | East Cambridge Checking |