Our Certificates of Deposit and Savings accounts are structured to provide you with a great rate and fully insured deposits regardless of which product works best for you. So whether you're saving for the long term, for something special, in case of emergency, or simply want your hard earned money earning a high rate of return, we have a solution for you.
View our products below,
click here for deposit rates, and contact us directly if you have any questions or would like assistance opening an account.
Certificates of Deposit
A secure way to grow your short- and long-term savings, Certificates of Deposit at East Cambridge Savings Bank offer guaranteed rates, flexible terms, and insurance on every dollar through a combination of FDIC and DIF insurance.
Click here to view terms and rates.
Open a CD Online
East Cambridge Statement Savings
We are all about relationships and we want to reward you with a great rate on your savings.
Account features:
- $10 minimum to open
- Unlimited transactions and no fees at ECSB and SUM Network ATMs
- Maintain a $10 average monthly balance to waive $1 monthly maintenance fee
- Overdraft protection: Eligible to link to a checking account to avoid unwanted overdrafts
- View rates and account details
Open Statement Savings Online
East Cambridge Money Market
Experience the flexibility of our Money Market account—enjoy a competitive interest rate and the peace of mind that comes with FDIC insurance. Must be linked with
East Cambridge Checking to receive bonus rate.
Account Features:
- No monthly service charge
- All deposits insured in full
- $25.00 minimum to open
- Online and Mobile Banking
- eStatements
- Unlimited transactions and no fees at ECSB and SUM Network ATMs
- Overdraft protection: Eligible to link to a checking account to avoid unwanted overdrafts
- View rates and account details
Open a Money Market Account Online
East Cambridge Sensible Saver
Experience the flexibility of our Money Market account—enjoy a competitive interest rate and the peace of mind that comes with FDIC insurance.
- $2,500.00 minimum to open
- All deposits insured in full
- eStatements
- Unlimited transactions and no fees at ECSB and SUM Network ATMs
- Overdraft protection: Eligible to link to a checking account to avoid unwanted overdrafts
- View rates and account details
iSave
Available to our neighbors who are 18 or under, the iSave account receives a $10.00 bonus on the day of account opening and a $10.00 bonus each year during the account owner's birthday month (up to age 18).*
Account Features:
- No monthly service charge
- All deposits insured in full
- $25.00 minimum to open
- Online and Mobile Banking
- Optional ATM card
- Free piggy bank at account opening**
- Must be opened at a banking center; please contact us for rates
*The Bank may require that an account owner be age 18 or younger to open and maintain this account. Limit one account per child. $10 for sign-up bonus will be deposited on the day of account opening. $10 for birthday bonus will be deposited annually during the account owner’s birthday month. These deposits will be listed as a “bonus payment” on your monthly statement. Please note, bonus payments are considered interest and subject to 1099 reporting.
**While supplies last.
Passbook Savings
This consistent savings vehicle includes a physical passbook to track your savings and earned interest in classic fashion.
Account Features:
- All deposits insured in full
- $25.00 minimum to open
- Maintain $100 minimum monthly balance to waive $1 monthly maintenance fee
- Must be opened at a banking center; please contact us for rates