East Cambridge Savings Bank
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.81% | 5-year CD | 2.27% - National Average |
| 0.40% | 1-year CD | 1.38% - National Average |
| 0.05% | Savings | 0.26% - National Average |
East Cambridge Savings Bank is headquartered in Cambridge and is the 39th largest bank in the state of Massachusetts. It is also the 731st largest bank in the nation. It was established in 1854 and as of December of 2018, it had grown to 154 employees at 11 locations. East Cambridge Savings Bank's money market rates are 3X the national average, and it has an A health rating.
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Great Bank*
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!
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.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 90173 |
| Year Established | 1854 |
| Employees | 154 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.63% |
| Return on Equity - YTD | 6.43% |
| Annual Interest Income | $38.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $1.08B$1.04B |
| Loans | Q4 2018vs Q4 2017 | $857.4MM$820.2MM |
| Deposits | Q4 2018vs Q4 2017 | $893.7MM$863.8MM |
| Equity Capital | Q4 2018vs Q4 2017 | $108.7MM$101.1MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $4.8MM$4.7MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $1.3MM$405.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $96.00K$110.00K |
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.
East Cambridge Savings Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.25% | $10 | - | Connection Savings Account | ||
| 0.20%* | $10 | $50k | iSave Club | ||
| OTHER TIERS: 0.10% → $50k+ | |||||
| 0.15%* | $250k* | $1m | Business Advantage Savings | ||
| OTHER TIERS: 0.10% → $10+ | |||||
| 0.10%* | $100k* | - | Advantage Savings | ||
| OTHER TIERS: 0.05% → $10 - $100k | |||||
| 0.10% | $10 | - | Statement Savings | ||
| 0.05% | $10 | - | Special Select Banking Package - Savings Account | ||
| 0.05% | $10 | - | Passbook Savings | ||
East Cambridge Savings Bank Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | $50k* | - | East Cambridge Money Market w/ Bonus | ||
| OTHER TIERS: 0.90% → $10 - $50k | |||||
| 2.00% | $10 | - | 501[c][3] Money Market | ||
| 1.50% | $10 | - | Premier Commercial Money Market | ||
| 1.25%* | $50k* | - | East Cambridge Money Market | ||
| OTHER TIERS: 0.75% → $10 - $50k | |||||
| 0.10% | $10 | - | Money Market Deposit | ||
| 0.10% | $10 | - | Money Market Management | ||
| 0.10% | $10 | - | IRA Money Market | ||
East Cambridge Savings Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.05% | - | - | East Cambridge Checking |
East Cambridge Savings Bank CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.00% | $1k | - | 34 Month CD Special - New Money | |
| 3.00% | $1k | - | Business 34 Month CD Special - New Money | |
| 2.75% | $1k | - | 14 Month CD Special - New Money | |
| 2.75% | $1k | - | Business 14 Month CD Special - New Money | |
| 2.25% | $1k | - | Business 5 Month CD Special - New Money | |
| 1.81% | $1k | - | 5 Year CD | |
| 1.51% | $1k | - | 4 Year CD | |
| 1.31% | $1k | - | 3 Year CD | |
| 0.90% | $1k | - | 2 Year CD | |
| 0.75% | $1k | - | 18 Month CD | |
| 0.60% | $1k | - | 15 Month CD | |
| 0.40% | $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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.81% | $1k | - | 5 Year IRA | |
| 1.51% | $1k | - | 4 Year IRA | |
| 1.31% | $1k | - | 3 Year IRA | |
| 0.90% | $1k | - | 2 Year IRA | |
| 0.75% | $1k | - | 18 Month IRA | |
| 0.60% | $1k | - | 15 Month IRA | |
| 0.40% | $1k | - | 12 Month IRA | |
| 0.20% | $1k | - | 5 Month IRA | |
| 0.20% | $1k | - | 7 Month IRA | |
| 0.20% | $1k | - | 9 Month IRA |
| Arlington Branches | ||
|---|---|---|
| Arlington Branch | 105 Broadway | Arlington, MA 02474 |
| Belmont Branches | ||
|---|---|---|
| Trapelo Road Banking Center | 395 Trapelo Road | Belmont, MA 02478 |
| Cambridge Branches | ||
|---|---|---|
| Cambridge Branch | 1310 Cambridge Street | Cambridge, MA 02139 |
| Cambridge Branch | 2067 Massachusetts Avenue | Cambridge, MA 02140 |
| East Cambridge Savings Bank | 292 Cambridge Street | Cambridge, MA 02141 |
| Chelsea Branches | ||
|---|---|---|
| Chelsa Bank Branch | 360 Broadway | Chelsea, MA 02150 |
| Medford Branches | ||
|---|---|---|
| Salem Street Office Branch | 243 Salem Street | Medford, MA 02155 |
| West Medford Branch | 9 Playstead Road | Medford, MA 02155 |
| Somerville Branches | ||
|---|---|---|
| Highland Branch | 285 Highland Avenue | Somerville, MA 02143 |
| Waltham Branches | ||
|---|---|---|
| Wal-Lex Shopping Center Branch | 860 Lexington Street | Waltham, MA 02452 |