Ivy Bank

Deposits held and insured by Cambridge Savings Bank

Overview / Commentary
1374 Massachusetts Ave
Cambridge, MA 02138
Deposits held and insured by Cambridge Savings Bank

Related Posts

Ivy Bank Offers Three Competitive Nationally Available CDs - 8/14/2021

Ivy Bank (online division of Cambridge Savings Bank) offers three nationally available CDs (1-year, 3-year, 5-year) in its product line. Minimum opening is $1k.

Ivy Bank Is Cambridge Savings Bank's New Internet Division - 8/12/2021

Cambridge Savings Bank launched its new digital division, Ivy Bank, last month. Nationally available product line currently includes two savings accounts and three CDs


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Data as of Q2 2021

Data displayed below is for insuring bank: Cambridge Savings Bank
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Health Grade Components

FDIC Certificate #17870
Year Established1834
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.95%
Return on Equity - YTD10.36%
Annual Interest Income$82.5MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$5.24B$5.08B
LoansQ2 2021vs Q2 2020$4.11B$4.03B
DepositsQ2 2021vs Q2 2020$4.45B$4.06B
Equity CapitalQ2 2021vs Q2 2020$488.6MM$439.8MM
Loan Loss AllowanceQ2 2021vs Q2 2020$48.7MM$39.9MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$21.9MM$17.3MM
Real Estate OwnedQ2 2021vs Q2 2020$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Ivy Bank Savings Account Rates

0.61%*$2.5k*$1mHigh-Yield Savings
OTHER TIERS: 0.05% $10 - $2.5k
0.05%--Indexed Savings

Ivy Bank CD Rates

1.00%$1k-5 Year CD
0.75%$1k-3 Year CD
0.60%$1k-1 Year CD

Ivy Bank is an Internet only bank and does not have branch locations. Its headquarters is located at 1374 Massachusetts Ave - Cambridge, MA 02138

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