East Cambridge Savings Bank


Overview / Commentary
866-354-3272
292 Cambridge Street
Cambridge, MA 02141

East Cambridge Savings Bank is headquartered in Cambridge and is the 44th largest bank in the state of Massachusetts. It is also the 813th largest bank in the nation. It was established in 1854 and as of March of 2021, it had grown to 151 employees at 11 locations. East Cambridge Savings Bank has an A+ health rating.

Reviews (2)

Great Bank*

Posted by: |

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.

Isave Club Is A JOKE!

Posted by: |

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.



Health
A+

Health Grade Components

Overall
FDIC Certificate #90173
Year Established1854
Employees151
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.71%
Return on Equity - YTD6.91%
Annual Interest Income$10.1MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$1.23B$1.15B
LoansQ1 2021vs Q1 2020$944.1MM$900.2MM
DepositsQ1 2021vs Q1 2020$1.07B$966.4MM
Equity CapitalQ1 2021vs Q1 2020$125.0MM$116.0MM
Loan Loss AllowanceQ1 2021vs Q1 2020$6.6MM$5.9MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$575.00K$3.1MM
Real Estate OwnedQ1 2021vs Q1 2020$73.00K$81.00K
Rates
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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.

East Cambridge Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$50kKasasa Saver
OTHER TIERS: 0.50% $50k+
0.30%$10-Connection Savings Account
0.10%$10-iSave Club
0.03%$10-Business Advantage Savings
0.03%$10-Passbook Savings

East Cambridge Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$50k*-East Cambridge Money Market w/ Bonus
OTHER TIERS: 0.20% $10 - $50k
0.35%$10-Premier Commercial Money Market
0.35%*$50k*-East Cambridge Money Market
OTHER TIERS: 0.05% $10 - $50k
0.35%$10-501[c][3] Money Market
0.03%$10-IRA Money Market

East Cambridge Savings Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*-$20kKasasa Cash Checking
OTHER TIERS: 0.50% $20k+
0.03%--East Cambridge Checking

East Cambridge Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$1k-15 Month CD
0.40%$1k-2 Year CD
0.40%$1k-3 Year CD
0.40%$1k-4 Year CD
0.40%$1k-5 Year CD
0.30%$1k-12 Month CD
0.20%$1k-5 Month CD
0.20%$1k-7 Month CD
0.20%$1k-9 Month CD

East Cambridge Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$1k-15 Month IRA
0.40%$1k-2 Year IRA
0.40%$1k-3 Year IRA
0.40%$1k-5 Year IRA
0.40%$1k-4 Year IRA
0.30%$1k-12 Month IRA
0.20%$1k-5 Month IRA
0.20%$1k-7 Month IRA
0.20%$1k-9 Month IRA
Locations


Cities: Arlington, Belmont, Cambridge, Chelsea, Malden, Medford, Somerville, Waltham

Arlington Branches
Arlington Branch105 BroadwayArlington, MA 02474

Belmont Branches
Trapelo Road Banking Center395 Trapelo RoadBelmont, MA 02478

Cambridge Branches
Cambridge Branch1310 Cambridge StreetCambridge, MA 02139
East Cambridge Savings Bank292 Cambridge StCambridge, MA 02141

Chelsea Branches
Chelsa Bank Branch360 BroadwayChelsea, MA 02150

Malden Branches
Malden Banking Center98 Pleasant StreetMalden, MA 02148

Medford Branches
Salem Street Office Branch243 Salem StreetMedford, MA 02155
West Medford Branch9 Playstead RoadMedford, MA 02155

Somerville Branches
Highland Branch285 Highland AvenueSomerville, MA 02143

Waltham Branches
Wal-Lex Shopping Center Branch860 Lexington StreetWaltham, MA 02452

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