Cambridge Savings Bank
For information concerning Ivy Bank, a division of Cambridge Savings Bank online bank, please click here .
Cambridge Savings Bank is an FDIC insured institution headquartered at
1374 Massachusetts Ave, Cambridge, MA 02138.
It was founded in
1834 and has approximately $7 billion in assets. Customers can open an account at one of its 20 branches.
Deposit Rates - December 19, 2025
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
Savings
|
0.05% | $2,500 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
0.25% | $10,000 | Compare |
|
6 Mo CD
|
0.25% | $100,000 | Compare |
|
12 Mo CD
|
0.50% | $10,000 | Compare |
|
12 Mo CD
|
0.50% | $100,000 | Compare |
|
24 Mo CD
|
0.75% | $10,000 | Compare |
|
24 Mo CD
|
0.75% | $100,000 | Compare |
|
36 Mo CD
|
0.75% | $10,000 | Compare |
|
36 Mo CD
|
0.75% | $100,000 | Compare |
|
60 Mo CD
|
0.75% | $10,000 | Compare |
|
60 Mo CD
|
0.75% | $100,000 | Compare |
| MM RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
0.10% | $2,500 | Compare |
|
Money Market
|
0.15% | $10,000 | Compare |
|
Money Market
|
0.15% | $25,000 | Compare |
| INT CHECKING RATES | APY | MIN |
|---|---|---|
|
Int Ckg
|
0.05% | $2,500 |
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Overview 2025
General Bank Information
| FDIC Insured | Yes |
| FDIC Certificate | # 17870 |
| Date Established | 1834 |
| Assets | $ 6.92 billion |
| Loans | $ 5.72 billion |
| Deposits | $ 5.41 billion |
| Capital | $ 645.81 million |
Summary Balance Sheet as of June 30, 2025
| ASSETS | |
| Cash & Balances due from depository institutions | $ 97.28 million |
| Interest-bearing balances | $ 55.75 million |
| Total securities | $ 718.84 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 5.72 billion |
| Loan loss allowance | $ 50.55 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 26.24 million |
| All other assets | $ 239.84 million |
| Total Assets | $ 6.27 billion |
| LIABILITIES | |
| Total deposits | $ 5.41 billion |
| Interest-bearing deposits | $ 4.45 billion |
| Deposits held in domestic offices | $ 5.41 billion |
| % insured (estimated)" | 71.68% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 656.48 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 78.05 millionn |
| Total Liabilities | $ 6.27 billion |
| Shareholders’ Equity | $ 645.81 million |
Summary Income Statement as of June 30, 2025
| INCOME AND EXPENSES | |
| Total Interest Income | $ 169.36 million |
| Total Interest Expense | $ 81.45 million |
| Net interest income | $ 87.90 million |
| Provision for loan and lease losses | $ 4.77 million |
| Total non interest income | $ 8.51 million |
| Total non interest expense | $ 71.17 million |
| Pre-tax Net Operating Income | $ 31.48 million |
Customer Reviews for Cambridge Savings Bank (5)
Rated 4.60 stars out of 5 - based on 5 reviews
Branches
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Cambridge Savings Bank Locations
Savings Comparison
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis."
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only."
- 1LOCAL SAVINGSBankMASSACHUSETTS$50,000N.A.0.05%0.22x (National Avg. - 0.23%)$2,500-SCENARIO
Year Rate
0.05%Annual
InterestAnnual Interest
(After Tax)1 50,000 25 18 2 50,025 25 18 3 50,050 25 18 4 50,075 25 18 5 50,100 25 18 6 50,125 25 18 7 50,150 25 18 8 50,175 25 18 9 50,200 25 18 10 50,225 25 18 11 50,251 25 18 12 50,276 25 18 13 50,301 25 18 14 50,326 25 18 15 50,351 25 18 16 50,376 25 18 17 50,402 25 18 18 50,427 25 18 19 50,452 25 18 20 50,477 25 18 TOTAL $502 $352 - 2ONLINE SAVINGSBank-$50,000N.A.4.00%17.70x (National Avg. - 0.23%)$1,000-SCENARIO
Year Rate
4.00%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,000 1,400 2 52,000 2,080 1,456 3 54,080 2,163 1,514 4 56,243 2,250 1,575 5 58,493 2,340 1,638 6 60,833 2,433 1,703 7 63,266 2,531 1,771 8 65,797 2,632 1,842 9 68,428 2,737 1,916 10 71,166 2,847 1,993 11 74,012 2,960 2,072 12 76,973 3,079 2,155 13 80,052 3,202 2,241 14 83,254 3,330 2,331 15 86,584 3,463 2,424 16 90,047 3,602 2,521 17 93,649 3,746 2,622 18 97,395 3,896 2,727 19 101,291 4,052 2,836 20 105,342 4,214 2,950 TOTAL $59,556 $41,689
Siegalman again
November 13, 2023 |
Indexed savings product from this bank is now 5.71%. Better than anything else on this site or available anywhere.
J Siegalman
July 5, 2023 |
I don't know why sites like this aren't pointing this out, but you can get a much higher rate from this bank in their 1-month indexed US Treasury. For July it is paying 5.31% and it was up above 5.805 in June. There is no reason not to do this, especially since you can always move back to 4.80% and the bank is excellent.
Jayley
April 26, 2023 |
Sometimes slow to raise the rate, but they always do. Service is fine. Would be five stars but transfers take days.
McMahon-sky
September 20, 2022 |
Quite pleased with this one so far. Rate is consistently above anything else. I am just hoping they continue to be in the top tier of competitiveness!
RAH1974
August 9, 2022 |
I opened an account through this site. It was easy to open and to fund. Nice to see that the rate stays as one of the best. I hope it continues.