Deposit Specials

Deposit Specials

Two great way to save! All deposits are FDIC and DIF insured.

Earn a guaranteed return of 5.05% APY1 with our high-yield 10-Month CD!

To open the 10-Month CD online, in the product selection screen, select “Promotional Certificate of Deposit” as the product. Enter promo code “10MS” for the 10-Month CD in the next screen to complete your account opening.

Open 10-Month CD Online


Limited-time savings offers – available at all our locations and online.

To open the Evergreen Savings online, in the product selection screen, select “Promotional Savings Account” as the product. Enter promo code “EGSV” for the Evergreen Savings in the next screen to complete your account opening.

Open Evergreen Savings Online
 

10-Month CD: Use promo code "10MS" when opening online

Term Minimum Daily Balance to Earn APY APY1
10 months $1,000 5.05%

Evergreen Savings: Use promo code "EGSV" when opening online

Minimum Daily Balance to Earn APY APY2
$0.00 - $99,999.99 1.25%
$100,000.00 - $499,999.99 2.75%
$500,000.00 - $999,999.99 2.75%
$1,000,000 and over 2.75%
1Annual Percentage Yield (APY) effective as of 9/22/2023. $1,000 minimum deposit required to open account and obtain APY. For personal and 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 Product offering may be withdrawn at any time.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.

2Annual Percentage Yield (APY) effective as of 9/22/2023. $10.00 minimum deposit required to open account. 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 Product offering may be withdrawn at any time.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.

 

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