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 0.40%
15 months $1,000 0.60%
18 months $1,000 0.75%
2 years $1,000 0.90%
3 years $1,000 1.31%
4 years $1,000 1.51%
5 years $1,000 1.81%
*Annual Percentage Yield (APY) effective as of 1/16/19 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 Product offerings may be withdrawn at any time.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.

Certificate of Deposit Specials***

Term Minimum Daily Balance to Earn APY APY*
14 months*** $1,000 2.75%
34 months*** $1,000 3.00%
* Annual Percentage Yield (APY) effective as of 2/1/19 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 Product offerings may be withdrawn at any time.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.

*** CD Specials are for new to bank deposits only. 

Consumer Checking

East Cambridge Checking

Product Minimum Daily Balance to Earn APY APY*
East Cambridge Checking $0.00 0.05%
*Annual Percentage Yield (APY) effective as of 1/16/19 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 Product offerings may be withdrawn at any time.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.
 

Consumer Money Market

East Cambridge Money Market

Minimum Daily Balance to Earn APY APY*
$10.00 - $49,999.99 0.75%
$10.00 - $49,999.99 with Bonus^^ 0.90%
$50,000 and over 1.25%
$50,000 and over with Bonus^^ 2.00%

*Annual Percentage Yield (APY) effective as of 3/6/19 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

Advantage Savings

Minimum Daily Balance to Earn APY APY*
$10.00 - $99,999.99 0.05%
$100,000.00 and over 0.10%

Special Select Banking Package Savings Account

Minimum Daily Balance to Earn APY APY*
$10.00 - $24,999.99 0.05%
$25,000.00 - $49,999.99 0.05%
$50,000.00 and over 0.05%

**iSave Club

Minimum Daily Balance to Earn APY APY*
$10.00 - $49,999.99 0.20%
$50,000.00 and over 0.10%
**An interest rate of 0.20% will be paid only for that portion of your daily balance that is greater than $9.99, but less than $50,000.00. An interest rate of 0.10% will be paid only for that portion of your daily balance that is greater than $49,999.99. The Annual Percentage Yield will range between 0.10% and 0.20% depending on the balance in the account. The Bank may require that an account owner be age 18 or younger to open and maintain this account. Limit one account per child.

Statement Savings

Minimum Daily Balance to Earn APY APY*
$10.00 0.10%

Money Market Deposit

Minimum Daily Balance to Earn APY APY*
$10.00 0.10%

IRA Money Market

Minimum Daily Balance to Earn APY APY*
$10.00 0.10%

Money Market Management

Minimum Daily Balance to Earn APY APY*
$10.00 - $4,999.99 0.10%
$5,000.00 and over 0.10%
$1,000.00 minimum deposit required to open account unless otherwise noted.

Passbook Savings

Minimum Daily Balance to Earn APY APY*
$10.00 0.05%

****Connection Savings

Minimum Daily Balance to Earn APY APY*
$10.00 1.25%
****Must have an existing checking product or open a new checking product to obtain account.

*Annual Percentage Yield (APY) effective as of 1/16/19 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.