Deposit Specials
East Cambridge Business Saver
| Minimum Daily Balance to Earn APY |
APY* |
|
$0.00 - $9,999.99
|
0.20%
|
|
$10,000.00 - $249,999.99
|
4.50%
|
|
$250,000.00 and over
|
4.50%
|
*Annual Percentage Yield (APY) effective as of 9/7/2024. $10.00 minimum deposit required to open account. For business deposits of Massachusetts residents and Massachusetts approved businesses only. Must be opened with new funds not currently on deposit with East Cambridge Savings Bank. This is a variable rate account and interest rates may change after account opening unless otherwise disclosed here or elsewhere. Product offering may be withdrawn at any time. Fees and other conditions may reduce earnings; ask for details. For other terms and conditions, please refer to account disclosures available at account opening and upon request.
Business Savings
Business Advantage Savings
| Minimum Daily Balance to Earn APY |
APY* |
|
$10.00 - $249,999.99
|
0.03%
|
|
$250,000.00 - $999,999.99
|
0.03%
|
|
$1,000,000.00 and over
|
0.03%
|
*Annual Percentage Yield (APY) effective as of 9/7/2024 and interest rates may change after account opening unless otherwise disclosed here or elsewhere. Product offerings may be withdrawn at any time. Fees and other conditions may reduce earnings on accounts; ask for details. For other terms and conditions, please refer to account disclosures available at account opening and upon request. $10.00 minimum deposit required to open account unless otherwise noted. Please note: Available to MA businesses only. Additional products and services available.
CD Special
| Term |
Minimum Daily Balance to Earn APY |
APY* |
|
6 months
|
$1,000
|
4.65%
|
*Annual Percentage Yield (APY) effective as of 9/7/2024. $1,000 minimum deposit required to open account and obtain APY. For business deposits of Massachusetts residents and Massachusetts approved businesses only. Must be opened with new funds not currently on deposit with East Cambridge Savings Bank. Maximum deposit of $1,000,000. Product offering may be withdrawn at any time. Fees and other conditions may reduce earnings; ask for details. For other terms and conditions, please refer to account disclosures available at account opening and upon request. A penalty may be imposed for early withdrawals.