East Cambridge High Yield Savings

East Cambridge High Yield Savings

5.00%25 APY
For minimum daily balance of $10,000.00 and over.
New money only.

Open a High-Yield Savings Account Online
Use promo code "HYSP" in account setup

Open an account online or at any banking center location.

At 10 times the average national savings rate!**
Same day access to your funds at a local banking center.

Safe and secure—all deposits fully insured by a combination of FDIC and DIF coverage.

To open the High-Yield Savings account online, enter promo code “HYSP” for the High-Yield Savings account in the account setup section to complete your opening. Please have your photo ID ready.

High-Yield Savings: Use Promo Code "HYSP" on the Account Setup Section

Minimum Daily Balance to Earn APY APY*
$0.00 - $9,999.99 0.20%
$10,000.00 - $249,999.99 5.00%
$250,000.00 and over 5.00%
*Annual Percentage Yield (APY) effective as of 5/26/2024. $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 Product offering may be withdrawn at any time.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.

**The national average rate reference is from the FDIC’s published National Rates and Rate Caps for savings deposit products, accurate as of March 18, 2024.


Open a High-Yield Savings Account Online
Use promo code "HYSP" in account setup