Annual Percentage Yield (APY) effective as of July 1, 2023.
This page does not include promotional rates. Please contact a Private Banking Office for limited offers on deposit accounts including CDs.
| Certificates of Deposit1 | Interest Rate | Annual Percentage Yield | Minimum Balance to Open |
|---|---|---|---|
| CD Fixed Rate 1 month | 0.01 | 0.01 | $1,000 |
| CD Fixed Rate 3 month | 0.01 | 0.01 | $1,000 |
| CD Fixed Rate 6 month | 0.01 | 0.01 | $1,000 |
| CD Fixed Rate 12 month | 0.05 | 0.05 | $1,000 |
| CD Fixed Rate 24 month | 0.10 | 0.10 | $1,000 |
| CD Fixed Rate 36 month | 0.12 | 0.12 | $1,000 |
| CD Fixed Rate 60 month | 0.20 | 0.20 | $1,000 |
| CD Variable Rate 31-month or longer term | 0.12 | 0.12 | $1,000 |
| IRA Variable Rate 18 month | 0.10 | 0.10 | $500 |
Traditional, Roth and SEP IRA CDs are also available
| Savings and Money Market Accounts1,3 | Interest Rate | Annual Percentage Yield | Minimum Balance to Earn APY |
|---|---|---|---|
Premium Savings Minimum balance to open: $0 in a banking office or $2,500 online | 0.01 0.01 0.01 0.01 | 0.01 0.01 0.01 0.01 | $2,500 - $9,999.99 $10,000 - $49,999.99 $50,000 - $99,999.99 $100,000 and up |
| Business Premium Savings | 0.01 0.01 0.01 0.01 | 0.01 0.01 0.01 0.01 | $5,000 - $9,999.99 $10,000 - $49,999.99 $50,000 - $99,999.99 $100,000 and up |
Personal Money Market Account Minimum balance to open in a banking office: $0 | 0.01 | 0.01 | $2,500 |
| Business/Non-Profit Money Market Account | 0.01 | 0.01 | $5,000 |
Statement Savings Account Minimum balance to open: $0 in a banking office or $250 online for existing Cambridge Trust Company clients | 0.01 | 0.01 | $0.01 |
| Business Savings | 0.01 | 0.01 | $0.01 |
| Checking Accounts1,3 | Interest Rate | Annual Percentage Yield | Minimum Balance to Earn APY |
|---|---|---|---|
Premium Plus Relationship Minimum balance to open: $0 in a banking office or $500 online | 0.01 | 0.01 | $0.01 |
Premium Relationship Minimum balance to open: $0 in a banking office or $500 online | 0.01 | 0.01 | $0.01 |
Cambridge Trust Cash Management Account Minimum balance to open in a banking office: $0 | 0.01 | 0.01 | $5,000 |
| Non-Profit Cash Management Account | 0.01 | 0.01 | $5,000 |
Interest Checking Minimum balance to open in a banking office: $0 | 0.01 | 0.01 | $1,500 |
1. Accurate as of Jul 1, 2023, however, rates are subject to change without notice. To confirm the most current rates, call our Client Resource Center at 844-251-4244. Request our Account Information brochure for the Fee Schedule and other important information. Early withdrawal penalties will be imposed on Certificates of Deposit (CDs). Rates on all interest bearing accounts (except for Fixed Rate Certificates of Deposit) are variable and may change after account is opened. For CDs there is no minimum balance to earn the APY. Fees could reduce earnings. Quoted CD and IRA APYs available for balances up to $250,000. Consult a bank representative regarding CDs and IRAs over $250,000.
3. There is no minimum deposit to open checking, money market, cash management, or savings accounts in a banking office. Minimum initial deposit when opened online is:
Statement Savings: $250 for existing Cambridge Trust Company clients
Premium Plus Relationship: $500
Premium Relationship: $500