Alert Message

East Cambridge Savings Bank will be closed on Monday, February 17 in observance of Presidents' Day. Digital Banking and ATMs will be available for your banking needs.

Set New Savings Goals

New year, new savings goals! Reaching your savings goals is easy with East Cambridge Savings Bank, thanks to our high-yield Smart Saver account. Earn over 9 times the national averagesavings rate with 3.70% APY1!

Open an account online or at any of our 11 banking centers. Use promo code "SMSV" in Account Setup when opening online.

All deposits fully insured by a combination of FDIC and DIF coverage.


OPEN SMART SAVER ONLINE


Smart Saver: Use promo code "SMSV" in Account Setup when opening online

Minimum Daily Balance to Earn APY APY1
$0.00 - $1,000,000.00 3.70%
$1,000,000.01 and over 3.70% - 3.41%
1Annual Percentage Yield (APY) effective as of 1/14/2025. $2,500.00 minimum deposit required to open account. This is a variable rate account and interest rates may change after account opening unless otherwise disclosed here or elsewhere. Daily balances up to and including $1,000,000.00 in your Smart Saver account earn 3.70% APY. Earn 3.70% to 3.41% APY on balances $1,000,000.01 and over. For example, for a $1,000,000.00 deposit at 3.70% APY and an additional $100,000.00 at 0.50% APY, the combined APY is 3.41%. Personal deposits of Massachusetts residents only. Must be opened with new funds not currently on deposit with East Cambridge Savings Bank and any future deposits must be from outside funds not currently on deposit with East Cambridge Savings Bank. One account per household. Product offering may be withdrawn at any time.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.

2The national average rate reference is from the FDIC’s published National Rates and Rate Caps for savings deposit products, accurate as of January 21, 2025.

OPEN SMART SAVER ONLINE


 

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