East Cambridge Savings Bank is headquartered in Cambridge and is the 36th largest bank in the state of Massachusetts. It is also the 725th largest bank in the nation. It was established in 1854 and as of June of 2022, it had grown to 148 employees at 11 locations. East Cambridge Savings Bank's savings rates are 6X the national average, and it has an A health rating.
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! :)
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.
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 | 0.8% |
Return on Equity - YTD | 8.35% |
Annual Interest Income | $23.0MM |
Assets and Liabilities | ||
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Assets | Q2 2022vs Q2 2021 | $1.43B$1.25B |
Loans | Q2 2022vs Q2 2021 | $1.15B$969.6MM |
Deposits | Q2 2022vs Q2 2021 | $1.28B$1.09B |
Equity Capital | Q2 2022vs Q2 2021 | $127.4MM$127.3MM |
Loan Loss Allowance | Q2 2022vs Q2 2021 | $7.6MM$6.7MM |
Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $182.00K$390.00K |
Real Estate Owned | Q2 2022vs Q2 2021 | $99.00K$100.00K |
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 | |
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1.75%* | - | $20k | Kasasa Cash Checking | ||
OTHER TIERS: 0.50% → $20k+ | |||||
0.03% | - | - | East Cambridge Checking |
Arlington Branches | ||
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Arlington Branch | 105 Broadway | Arlington, MA 02474 |
Belmont Branches | ||
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Trapelo Road Banking Center | 395 Trapelo Road | Belmont, MA 02478 |
Cambridge Branches | ||
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Cambridge Branch | 1310 Cambridge Street | Cambridge, MA 02139 |
East Cambridge Savings Bank | 292 Cambridge St | Cambridge, MA 02141 |
Chelsea Branches | ||
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Chelsa Bank Branch | 360 Broadway | Chelsea, MA 02150 |
Malden Branches | ||
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Malden Banking Center | 98 Pleasant Street | Malden, MA 02148 |
Medford Branches | ||
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Salem Street Office Branch | 243 Salem Street | Medford, MA 02155 |
West Medford Branch | 9 Playstead Road | Medford, MA 02155 |
Somerville Branches | ||
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Highland Branch | 285 Highland Avenue | Somerville, MA 02143 |
Waltham Branches | ||
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Wal-Lex Shopping Center Branch | 860 Lexington Street | Waltham, MA 02452 |