Better Banking

Better Banking



Conpass pointed East

Northern Bank’s West Branch may be closing, but we’re open! Take a quick stroll east to our Woburn Banking Center located at 237 Lexington Street to upgrade your banking experience.

Open any of our products below and you will receive a $25 bonusþ for each new account opened with a maximum bonus of $75 per customer! New money only and must be opened at our Woburn Banking Center. The promotion is only valid from June 24-29.


þ$25 for sign-up bonus will be deposited on the day of account opening. The bonus reward is considered interest and will be reported on your 2024 1099-INT form at year end.

*High-Yield Savings
Annual Percentage Yield (APY) effective as of 6/21/2024. $10.00 minimum deposit required to open account. Minimum daily balance of $0.00 - $9,999.99 to earn 0.20% APY. Minimum daily balance of $10,000.00 - $249,999.99 required to earn 5.00% APY. Minimum daily balance of $250,000.00 and over to earn 5.00% APY. Personal deposits of Massachusetts residents 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 Product offering may be withdrawn at any time.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. 

**Kasasa Cash Checking
A variable rate checking account with no minimum balance requirements that rewards account holders with interest and nationwide ATM withdrawal surcharge refunds when they meet minimum qualifications during the account's Monthly Qualification Cycle.
  • Earn 5.00% APY on balances up to and including $20,0001
  • Earn 5.00% to 1.25% APY on balances $20,000.01 and over1
  • Up to $25.00 in monthly ATM surcharge rebates (maximum $5.00 per transaction)2
  • No monthly maintenance charges
To earn your rewards, enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash Checking account during each Monthly Qualification Cycle:
  • At least 1 ACH payment transaction
  • At least 12 debit card purchases3
  • Be enrolled in and have agreed to receive e-statements rather than paper statements
If you do not meet the monthly qualifications:
  • Earn 0.03% APY on the entire balance1
  • No ATM surcharge rebates
1Annual Percentage Yield (APY) effective as of 6/21/2024​ and Interest Rates may change after account opening unless otherwise disclosed here or elsewhere. For example, for a $20,000 deposit at 5.00% APY and an additional $100,000 at 0.50% APY, the combined APY is 1.25%. Product offering may be withdrawn at any time. Fees and other conditions may reduce earnings on accounts; ask for details. For other terms and conditions, account details, and cycle dates, please refer to account disclosures available at account opening and upon request. $10.00 minimum deposit required to open account unless otherwise noted. Personal deposits of Massachusetts residents only. Qualifications, rules, and limitations apply. Advertised information and rewards based on all account qualifications being met during each Monthly Qualification Cycle. Kasasa and Kasasa Cash are trademarks of Kasasa, Ltd., registered in the U.S.A. 

2You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal surcharges incurred within your Kasasa Cash account during that Monthly Qualification Cycle. Reimbursements for individual ATM withdrawal surcharge fees are capped at $5.00.  We reimburse ATM withdrawal surcharges based on estimates when the withdrawal information we receive does not identify the ATM withdrawal surcharge. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. ATM withdrawal surcharge reimbursements will be credited to your Kasasa Cash account on the last day of the current statement cycle.

3The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, and debit card purchases processed by merchants and received by our bank as ATM transactions. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards.

***6-Month CD
Annual Percentage Yield (APY) effective as of 6/21/2024 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. A penalty may be imposed for early withdrawals. $1,000.00 minimum deposit required to open account and obtain APY. Personal deposits of Massachusetts residents or 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.

****East Cambridge Business Saver
Annual Percentage Yield (APY) effective as of 6/21/2024. $10.00 minimum deposit required to open account. Minimum daily balance of $0.00 - $9,999.99 to earn 0.20% APY. Minimum daily balance of $10,000.00 - $249,999.99 required to earn 4.50% APY. Minimum daily balance of $250,000.00 and over to earn 4.50% 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. 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. 

East Cambridge at Your Service

  • Susan Shaw Image

    Susan Shaw

    Business Development Manager
    Woburn Banking Center, Woburn
    NMLS ID: #751319
    617.551.2314
    Email Susan

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