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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 - April 01, 2026

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




Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 17870
Date Established 1834
Assets $ 6.95 billion
Loans $ 5.73 billion
Deposits $ 5.45 billion
Capital $ 689.90 million

Summary Balance Sheet as of September 30, 2025

ASSETS
Cash & Balances due from depository institutions $ 126.31 million
Interest-bearing balances $ 99.44 million
Total securities $ 712.82 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 5.73 billion
Loan loss allowance $ 50.76 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 26.76 million
All other assets $ 239.84 million
     Total Assets $ 6.26 billion

LIABILITIES
Total deposits $ 5.45 billion
      Interest-bearing deposits $ 4.56 billion
      Deposits held in domestic offices $ 5.45 billion
      % insured (estimated)" 70.44%
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 $ 6.26 billion
      Shareholders’ Equity $ 689.90 million

Summary Income Statement as of September 30, 2025

INCOME AND EXPENSES
Total Interest Income $ 256.27 million
Total Interest Expense $ 122.55 million
Net interest income $ 133.72 million
Provision for loan and lease losses $ 4.77 million
Total non interest income $ 56.10 million
Total non interest expense $ 109.04 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

  • November 13, 2023 |

    Indexed savings product from this bank is now 5.71%. Better than anything else on this site or available anywhere.

  • 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.

  • April 26, 2023 |

    Sometimes slow to raise the rate, but they always do. Service is fine. Would be five stars but transfers take days.

  • 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!

  • 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.

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