Certificates of Deposit

Fixed Rate CDs (available for IRAs)

Term Minimum Daily Balance to Earn APY APY*
5 months $1,000 0.20%
7 months $1,000 0.20%
9 months $1,000 0.20%
12 months $1,000 0.30%
15 months $1,000 0.40%
2 years $1,000 0.40%
3 years $1,000 0.40%
4 years $1,000 0.40%
5 years $1,000 0.40%
*Annual Percentage Yield (APY) effective as of 11/6/20 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 Product offerings may be withdrawn at any time.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. Personal deposits of Massachusetts residents only.

Consumer Checking

East Cambridge Checking

Product Minimum Daily Balance to Earn APY APY*
East Cambridge Checking $0.00 0.03%
*Annual Percentage Yield (APY) effective as of 4/24/20 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 Product offerings may be withdrawn at any time.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.  Personal deposits of Massachusetts residents only.
 

Kasasa Cash Checking

Minimum Daily Balance to Earn APY APY*
$0.00 - $20,000.00 if monthly qualifications met^^ 1.75%
$20,000.01 and over if monthly qualifications met^^ 1.75% - 0.50%
Entire balance if monthly qualifications not met 0.03%
*Annual Percentage Yield (APY) effective as of 11/2/20 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 Product offering may be withdrawn at any time.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 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.

^^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 purchases**
  • Be enrolled in and have agreed to receive e-statements rather than paper statements
**The 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.

Consumer Money Market

East Cambridge Money Market

Minimum Daily Balance to Earn APY APY*
$0.00 - $49,999.99 0.05%
$0.00 - $49,999.99 with Bonus^^ 0.15%
$50,000 and over 0.30%
$50,000 and over with Bonus^^ 0.35%

*Annual Percentage Yield (APY) effective as of 10/01/21 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.  Available for new to bank deposits only.

^^Debit Card point-of-sale bonus rate applies to account balances during month(s) in which 6 or more point-of-sale purchases were made using the debit card of a personal checking account that is linked to the associated East Cambridge Money Market account.

Consumer Savings

iSave Club¹

Minimum Daily Balance to Earn APY APY*
$10.00 and over 0.10%
1The Bank may require that an account owner be age 18 or younger to open and maintain this account. Limit one account per child.

IRA Money Market

Minimum Daily Balance to Earn APY APY*
$10.00 0.03%

Passbook Savings

Minimum Daily Balance to Earn APY APY*
$10.00 0.03%

Connection Savings²

Minimum Daily Balance to Earn APY APY*
$10.00 0.25%
2Must have an existing checking product or open a new checking product to obtain account.

*Annual Percentage Yield (APY) effective as of 9/1/21 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.  Personal deposits of Massachusetts residents only.

Kasasa Saver³

Minimum Daily Balance to Earn APY APY*
$0.00 - $50,000.00 if monthly checking qualifications met^^ 1.00%
$50,000.01 and over if monthly checking qualifications met^^ 1.00% - 0.50%
Entire balance if monthly checking qualifications not met 0.03%

³Linked with a Kasasa Cash or Kasasa Cash Back account, this is a variable rate savings account with no minimum balance that rewards account holders with interest when they meet the minimum qualifications associated with their linked account during that account's Monthly Qualification Cycle.

*Annual Percentage Yield (APY) effective as of 11/2/20 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 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 Saver are trademarks of Kasasa, Ltd., registered in the U.S.A.

^^Qualifying for your Kasasa Cash or Kasasa Cash Back rewards automatically qualifies you for the highest Kasasa Saver rate too. Enrollments must be in place and all of the following transactions and activities must post and settle to your Kasasa Cash or Kasasa Cash Back account during each Monthly Qualification Cycle:
  • At least 1 ACH payment transaction
  • At least 12 debit card purchases**
  • Be enrolled in and have agreed to receive e-statements rather than paper statements
**The 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.