East Cambridge Savings Bank

Overview / Commentary
292 Cambridge Street
Cambridge, MA 02141

East Cambridge Savings Bank is headquartered in CAMBRIDGE and is the 35th largest bank in the state of Massachusetts. It is also the 696th largest bank in the nation. It was established in 1854 and as of December of 2023, it had grown to 160 employees at 12 locations. East Cambridge Savings Bank's savings rates are 5X the national average, and it has a B+ health rating.

Reviews (2)

East Cambridge Savings Bank Negative Account

Posted by: |

My account has been negative for a few weeks now. After, I had spoken to John he made sure I got off the phone with the right service that I needed to hear today. Thank you! :)

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.


Health Grade Components

FDIC Certificate #90173
Year Established1854
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.58%
Return on Equity - YTD7.05%
Annual Interest Income$66.9MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$1.61B$1.61B
LoansQ4 2023vs Q4 2022$1.33B$1.37B
DepositsQ4 2023vs Q4 2022$1.31B$1.36B
Equity CapitalQ4 2023vs Q4 2022$139.6MM$129.3MM
Loan Loss AllowanceQ4 2023vs Q4 2022$7.5MM$8MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$2.1MM$5.8MM
Real Estate OwnedQ4 2023vs Q4 2022$109K$103K
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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

4.50%*$10k*$250kEast Cambridge Business Saver Special
OTHER TIERS: 0.20% Up to $10k | 2.75% $250k+
3.50%*-$100kKasasa Saver
OTHER TIERS: 2.38% $100k+
2.75%*$100k*-Business Evergreen Savings Special - New Money
OTHER TIERS: 1.25% Up to $100k
2.75%*$100k*-Evergreen Savings Special - New Money
OTHER TIERS: 1.25% Up to $100k
0.20%$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

4.50%$10-Premier Commercial Money Market
0.30%*$50k*-East Cambridge Money Market w/ Bonus
OTHER TIERS: 0.10% Up to $50k
0.25%*$50k*-East Cambridge Money Market
OTHER TIERS: 0.05% Up to $50k
0.03%$10-IRA Money Market

East Cambridge Savings Bank Checking Account Rates

5.00%*-$20kKasasa Cash Checking
OTHER TIERS: 1.25% $20k+
0.03%--East Cambridge Checking

East Cambridge Savings Bank CD Rates

5.00%$1k-Business 8 Month CD Special - New Money
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-18 Month 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

0.40%$1k-15 Month IRA
0.40%$1k-18 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

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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