Cambridge, Mass. - East Cambridge Savings Bank (ECSB) proudly announced today that it has been recognized with three top honors in the Banker & Tradesman “Best of 2025” Readers’ Poll, underscoring its commitment to local community service and lending excellence across Greater Boston. The finance and real estate publication announced the 2025 Best of Award winners on November 3.
The mutual community bank secured Gold for Residential Real Estate HELOC Provider, and Silver recognition for Commercial Lending and Community Bank categories. The Banker & Tradesman poll gathers votes from thousands of readers across the real estate and financial services industries to determine the best providers in the region.
The Gold win in the highly competitive Residential Real Estate category highlights ECSB’s strength in providing flexible, competitive Home Equity Lines of Credit (HELOCs) to homeowners. This recognition is timely, as many homeowners are looking to leverage their equity for renovations or other major expenses.
Timothy E. Bombard, ECSB President and CEO, stated, “Earning three awards, especially in the competitive categories of Community Bank and both residential and commercial lending, is a profound testament to our team's dedication. As a mutual bank, our mission is to serve our customers and neighbors. These awards, voted on by industry peers and readers, validate the personalized approach and local expertise we bring to every customer relationship.”
The Silver awards for Commercial Lending and Community Bank further establish ECSB as a comprehensive financial partner for both individuals and businesses. The community bank recognition specifically affirms the bank’s local decision-making and reinvestment philosophy that is central to its mutual charter.
According to the Boston-based publication, the annual Best of Awards “measure the loyalty and satisfaction readers have with vendors,” and “it is an opportunity for readers to speak up for those providers they believe are the best.”
To learn more about the Banker & Tradesman Best of Awards, please visit their website; to learn more about East Cambridge Savings Bank, please visit ecsb.com.
About East Cambridge Savings Bank:
East Cambridge Savings Bank is a full-service mutually held bank that is committed to be the preferred banking partner in the communities it serves. Established in 1854, the Bank strives to provide an exceptional customer experience and generous support for the community. Headquartered in Cambridge, the Bank has locations in Arlington, Belmont, Cambridge, Chelsea, Malden, Medford, Somerville, Waltham, and Woburn as well as an educational training facility at Cambridge Rindge and Latin School. The Bank is a member of the Federal Deposit Insurance Corporation (FDIC), the Depositors Insurance Fund (DIF), and is an Equal Housing Lender.
CONTACT:
Leo Gayne
Vice President, Public and Community Relations Officer
(617) 551-2353
lgayne@ecsb.com