Customers have a grace period of 10 days in which to withdraw funds penalty-free before the IRA CD auto-renews. Learn more about our partners and their work with the Trust. Limited terms available with opening online. Cambridge Trust Company had $9,189,000 in non-current loans and $1,820,000 in owned real estate. Ideal if you want convenient access to your money. See the best local savings rates here. It holds assets of 3.99 billion US dollars. 15 Year Fixed Rate 2: Conforming up to $548,250 : 2.625% : 0.000 : 2.692% : 180 : $6.73 : 10 Year Fixed Rate 2: Conforming up to $548,250 : 2.500% : 0.000 : 2.594% : 120 : $9.43 : 30 Year Fixed Rate Jumbo - Purchase Special 4 Annual fee waived for the first year. Certificates of Deposit (CDs) Our Certificate of Deposit options deliver competitive rates and terms to help meet your savings and retirement needs. Cambridge Trust Company has a Capitalization of 9.9% versus the BestCashCow … Cambridge Trust Company is an FDIC insured institution located in Cambridge, MA. Note: Percentages may not sum to 100% due to rounding and double A bank with a consistently high ROE can be considered well run. $10 minimum daily balance required to earn APY. See the best online CD rates here. A lower Texas ratio indicates better coverage of problem loans. Privacy Policy, Disclosure Governing Your Use of this Website |
Cambridge Trust assumes no liability for the content, information, security, policies or transactions provided by these other sites. See conditions for guarantee at thirdfederal.com. A Fixed rate is an interest rate that doesn't change during the product term, these rates are often higher because during the term of the product you will not be able to withdraw your savings. If you are currently studying at Cambridge with a scholarship from the Trust, find more information in our guidelines for scholars. 1300 Massachusetts Ave 02476 MA United States East Arlington. Schedule an Appointment (Virtual or In Person). It is covered under FDIC Certificate #8152. Home Equity rates and terms are subject to change without notice. All banks listed on BestCashCow.com are FDIC-insured. Cambridge Savings Bank is headquartered in Cambridge and is the 11 th largest bank in the state of Massachusetts. A big change in these figured can also be from a bank acquisition or merger. Be Careful Not to Rush Too Heavily Into Long-Term CDs Here; Avoid The TIAA 4-year Diversified Assets Marketsafe CD It was established in 1834 and as of December of 2020, it had grown to 429 employees at 18 locations.Cambridge Savings Bank has an A … In the meantime you may wish to consider these offerings: Note to Cambridge Trust Company Cambridge Trust Company has a Return on Equity of 7.54% versus the BestCashCow average of 9.23%. NMLS Unique Identifier #697495. A variety of IRA plans to effectively build your savings for retirement. Should You Really Be Buying 1-Year CDs Right Now? Membership conditions apply. Tiered interest rates that rise with balances and the safety of FDIC-insured. As of September 30, 2020, There are currently no comments for Cambridge Trust Company. If the daily balance is $40,000 or more, the entire balance receives interest rate and APY of 0.50%. Learn More. The Trust is supported by a wide range of funding partners. Cambridge Trust Company had assets of $3,986,816,000, loans of $3,255,745,000, and deposits of $3,340,132,000. A bank with a consistently low ROE can be considered poorly run. Cambridge, New York Bank CD Rates. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. The borrower will have an increased APR rate if the borrower does not (i) take an advance of $25,000 and maintain this balance for 12 months, and (ii) have automatic transfers from any Bethpage personal savings or checking account for the monthly HELOC payment. Disclosure Governing Your Use of this Website. That's more than 100 years ago! All Rights Reserved. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. Return on equity measures how efficiently a bank is making money from its capital. You are leaving Cambridge Trust's Web site and linking to a third party site. Be the first to share your experience. *Add-On CDs must be opened in a branch. For a more detailed analysis of Cambridge Trust Company's financial condition and a description of what these numbers mean, please visit the Financial People’s United Bank CD Rates. Learn more about Cambridge Trust Company. CD Fixed Rate 60 Month: 0.12%: $1k-CD Fixed Rate 36 Month: 0.12%: $1k-CD Variable Rate 31-Month or Longer: 0.10%: $1k-CD Fixed Rate 24 Month: 0.05%: $1k-CD Fixed Rate 12 Month: 0.01%: $1k-CD Fixed Rate 1 Month: 0.01%: $1k-CD Fixed Rate 3 Month: 0.01%: $1k-CD Fixed Rate 6 Month "We have built our business into one of the area’s most respected private bank and wealth management companies by developing relationships that last a lifetime. The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) Ends in 11 hours 9 minutes 59 seconds Ends in 11: 09: 59. Not just the life of the transaction.”. Our 3, 6 and 9 month CDs accrue interest daily and interest is credited at maturity. Alumni. Opening a CD Special must be done in-person at any of 27 Massachusetts brancheslocated in Arlington, Bedford, Boston (2), Brookline (4), Burlington (2), Chestnut Hill (2), Lexington, Malden, Medford (3), Needham, Newton (2), Newton Center, Newtonville, Waltham, Wellesley (3), and West Roxbury. Headquartered in Brookline, Massachusetts, Brookline Bank’s market area is the Greater Boston area. Please be advised that you will then link to a Web site hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Cambridge Trust. has to absorb its loan losses. Loan-to-value restrictions apply. The APY for each balance tier in your Rockland Trust Money Market Savings Account will apply to the entire balance - for example, if you have a daily balance of $1,200,000.00, you will receive an APY of 0.01% on your entire balance. Cambridge Trust Company branches and locations in your neighborhood. Daily balance of $.01 to $39,999.99 receives interest rate and APY of 0.01%. Customers can open an account at one of its 16 branches. Branch information of Cambridge Trust Company bank, current savings and CD rate information of Cambridge Trust Company bank, and other current key financial statistics and information concerning Cambridge Trust Company bank. Our CDs with terms of 18 month, 1, 2, 3, and 4 years compound and credit interest monthly. As a mutual bank, we only answer to and serve the needs of our customers, neighbors, and local communities. When comparing bank CD rates in Cambridge, NY make sure to choose a Cambridge, NY bank that has deposits insured by the Federal Deposit Insurance Corporation (FDIC). Home Equities not offered in TX. $5.00 minimum share account required. Rates apply to new accounts and may not apply to existing accounts. Deposits in Cambridge, NY banks that are insured by the FDIC are guaranteed for up to … Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. No closing costs on new HELOCs up to $500,000. Please be advised that you will then link to a Web site hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Cambridge Trust. Federal Reserve Leaves Fed Funds Rate to Zero to 0.25%, Says Course of the Economy Depends on the Virus Maximizing Interest On Savings Remains Important In a Low Rate Environment 5 Things to Consider As Savings, Money Market and Short-Term CD Rates Collapse Therefore, when you upgrade to East Cambridge, you can be confident that you're getting a great rate; for both deposits and loans. View all articles with Cambridge Trust Company →. A minimum of at least $10,000 not currently on deposit with CSB is required to open this special personal CD or IRA. Earn Cambridge Trust Company $150 Gift Certificate Bonus [MA] Massachusetts Editor Rating Disclosure: These responses are not provided or commissioned by the bank advertiser. FDIC–insured up to at least $250,000 per depositor. Investment in the Cambridge University Endowment Fund (CUEF) overview; Unit purchase and sales; Distribution from the Fund; Departmental Holdings Summary; Annual Review Report; Chapter 13 - Trust funds. Competitive rates, maturity terms from 30 days to 5 years, and FDIC-insured. Find a Branch. Do you represent Cambridge Trust Company? We recommend that you review and evaluate the privacy and security policies of the site that you are entering. The following ratios and data are available to help you better understand the financial condition of Cambridge Trust Company. LETSCOM Smart Watch Fitness Trackers with Heart Rate Monitor Step Calorie Counter Sleep Monitor, IP68 Waterproof Smartwatch 1.3" Color Screen, Activity Tracker Pedometer for Women and Men. Cambridge Trust Company has a Capitalization of 9.9% versus the BestCashCow average of 12.07. Please contact the bank for questions about their loan products. Not just the life of the transaction.” Learn More, A personal relationship you can trust absolutely, with access to custom financial solutions for whatever you need. Input a different zip code to find branches and locations for any neighborhood in the United States. Copyright © 2021 BestCashCow.com, LLC. With a Bankers Trust Add-On CD, you can continue to make deposits to the CD after opening the account. Cambridge Trust Company's one-year CD earns at a rate of 0.30% and the five-year CD earns at a rate of 0.75%, while its highest-yielding money market account earns at an APY of 0.03%. 40 Leonard Street 02478 MA United States Bedford. This is because the pool results in many students (881 in the case of the 2020 cycle, about 19% of all offers made) receiving an offer from a College other than the one they applied to, or were allocated to through the open application system. "We have built our business into one of the area’s most respected private bank and wealth management companies by developing relationships that last a lifetime. Given Cambridge Trust Company's poor savings rate, you should consider other options to … Welcome to the best of both banks. If your daily balance is $1,000,000.00 and above, the interest rate paid on the entire balance of the account will be … 18-month terms at 0.55% interest rate and annual percentage yield. Cash & Balances due from depository institutions, Federal funds sold and reverse repurchase, Federal funds purchased and repurchase agreements, Third Federal rate are typically 20% lower than other leaders, No closing costs, prepayment penalties, or minimum draw requirements. categorization of some loan types. All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms. All Rights Reserved. Copyright © 2021 Cambridge Trust. 30-year term. The data is provided by the FDIC. According to the offer's small print, \"You must live or work in Massachusetts to qualify for this promotion.\" There's a link to an online application at the bank's CD promo page. Start with at least $1,000 to deposit and then choose a term ranging from one month to five years. The rates for all CDs are guaranteed for the length of the term. Sustainability at Cambridge Trust Introducing our 0.50% APY* Personal Concierge Money Market Account Earn this exceptional return on balances of $40,000 or more* and get profitable peace of mind. Yes. That gives it a Texas Ratio of 2.56%. Max loan amount $200,000. There is no minimum opening deposit. Personal and commercial rates. Be Careful Not to Rush Too Heavily Into Long-Term CDs Here, Avoid The TIAA 4-year Diversified Assets Marketsafe CD, Amex Personal Savings Rate Lowered to 0.40% APY - Mar 11, 2021, Synchrony Lowers Online Savings Rate to 0.50% APY - Feb 25, 2021, Fitness Bank Lowers Top Tier Savings Rate to 0.65% APY - Feb 1, 2021, Synchrony Lowers Online Savings Rate to 0.55% APY - Jan 27, 2021, Sallie Mae Lowers Online Money Market Rate to 0.45% APY - Jan 14, 2021, Barclays Lowers Online Savings Rate from 0.45% to 0.40% APY - Jan 14, 2021, CFG Bank Lowers Online Savings Rate to 0.68% APY - Jan 13, 2021, First Foundation Bank Lowers Online Savings Rate to 0.60% APY - Jan 8, 2021, Silverton Bridge Bank, National Association, Commercial Bank & Trust Company of Troup County. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Call us or visit a branch to apply or learn more about other available terms, competitive promotional CD and Money Market products with high yields or to roll over an existing Citizens Bank CD. Wellesley Bank is Now Cambridge Trust. It's easy to open a CD for greater savings. Ranging from 3 months to 5 years, they provide a safe, low cost vehicle to help your money grow.