Learn more about Cambridge Trust Company. 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%. 1336 Massachusetts Ave Despite application numbers varying considerably each year, our system means that success rates are very similar from College to College. If your daily balance is $1,000,000.00 and above, the interest rate paid on the entire balance of the account will be … No depositor has ever lost deposits that have been within the FDIC insurance limits. Cambridge Trust Company branches and locations in your neighborhood. Offer available for personal Certificate of Deposit (CD) and Individual Retirement Accounts (IRA) only. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Copyright © 2021 BestCashCow.com, LLC. Given Cambridge Trust Company's poor savings rate, you should consider other options to … See the best local CD rates here. Personal and commercial rates. Not just the life of the transaction.”. Note: Percentages may not sum to 100% due to rounding and double 181 Great Road 01730 MA United States Arlington Heights. Earn Cambridge Trust Company $150 Gift Certificate Bonus [MA] Massachusetts Editor Rating Disclosure: These responses are not provided or commissioned by the bank advertiser. 188 Massachusetts Ave Ranging from 3 months to 5 years, they provide a safe, low cost vehicle to help your money grow. As of September 30, 2020, It is covered under FDIC Certificate #8152. A variety of IRA plans to effectively build your savings for retirement. has to absorb its loan losses. The Bank’s online banking platform is currently dedicated to account management and bill payment services. At Cambridge Trust, personal service means convenient access and exceptional responsiveness. It was founded in 1890 and has approximately $3.99 billion in assets. 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. 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 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 … Disclosure Governing Your Use of this Website. Find a Branch. People’s United Bank CD Rates. All Rights Reserved. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. So, while the name of your bank has changed, your local team and the people who serve you has remained the same. Compared to other banks, Cambridge Trust Company’s loan portfolio does not show any specific loan specialty. Cambridge, MA 02138 When your CD matures, you can use the money immediately or invest in another CD. 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. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. 154 Cambridge Street 01803 MA United States Burlington: 3rd Ave. 140 Middlesex Turnpike 01803 MA United States Belmont Center. Return on equity measures how efficiently a bank is making money from its capital. So we make it easy for you to get in touch. Privacy Policy, Disclosure Governing Your Use of this Website | Home Equities not offered in TX. It holds assets of 3.99 billion US dollars. It is also the 247 th largest bank in the nation. categorization of some loan types. 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. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) Annual Interest Rate Gross/AER Monthly Interest Rate Gross; 5 Year Fixed Rate Business, Trust and Charity Bond: Issue 12: 20/11/2020: 1.15% Fixed: N/A: 2 Year Fixed Rate Business, Trust and Charity Bond: Issue 12: 26/01/2021: 0.90% Fixed: N/A That's more than 100 years ago! Wellesley Bank is Now Cambridge Trust. Max loan amount $200,000. Cambridge Trust Company is an FDIC insured institution located in Cambridge, MA. Cambridge Trust Company has a Return on Equity of 7.54% versus the BestCashCow average of 9.23%. 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. 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. It is free to register and add rates. The Trust is supported by a wide range of funding partners. Headquartered in Brookline, Massachusetts, Brookline Bank’s market area is the Greater Boston area. 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. A lower Texas ratio indicates better coverage of problem loans. Details section. 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. Our 5 year CDs compound and credit interest quarterly. Deposits in Cambridge, NY banks that are insured by the FDIC are guaranteed for up to … CDs are a certificate issued by a bank to a person depositing money for a specified length of time and usually the longer of a term is, the higher APY rate you make. with its tangible common equity and its loan loss reserves. NMLS Unique Identifier #697495. "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 higher the capitalization number the more secure a bank is considered. Ideal if you want convenient access to your money. A big change in these figured can also be from a bank acquisition or merger. Daily balance of $.01 to $39,999.99 receives interest rate and APY of 0.01%. Cambridge Trust Company had assets of $3,986,816,000, loans of $3,255,745,000, and deposits of $3,340,132,000. Learn more about our partners and their work with the Trust. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Please contact the bank for questions about their loan products. Competitive rates, maturity terms from 30 days to 5 years, and FDIC-insured. If you are currently studying at Cambridge with a scholarship from the Trust, find more information in our guidelines for scholars. The auto-renewal policy is the same as with the bank’s non-IRA CDs as well: Brookline Bank IRA CDs auto-renew at maturity into the same term CD at then-current rates. A bank with a consistently high ROE can be considered well run. To cover these potential losses it had $394,699,000 in equity and $35,920,000 in loans loss reserves. To upload and update your bank's rates please register. Start with at least $1,000 to deposit and then choose a term ranging from one month to five years. For a more detailed analysis of Cambridge Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Loan-to-value restrictions apply. 1-Year CD Rates Over 2% Are Tempting But Preserving Liquidity In A Crisis Is Essential; Some 1-Year CDs Are Still over 2% APY Following the Coronavirus-Induced Fed Cut; Should You Really Be Buying 1-Year CDs Right Now? Keep in mind, you'll pay a penalty for early withdrawals. Published rates and terms based on primary homes. Be Careful Not to Rush Too Heavily Into Long-Term CDs Here; Avoid The TIAA 4-year Diversified Assets Marketsafe CD See the best online savings rates here. $5.00 minimum share account required. 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. Compare home equity lines of credit rates here. 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. Prime Rate as of 3/16/2020 = 3.25% (Wall Street Journal). A Variable rate has an interest rate that may go up or down, and accounts will normally allow you to pay in or withdraw your money giving you more flexibility with your savings. What makes a relationship with a private bank different? 1300 Massachusetts Ave 02476 MA United States East Arlington. Rate guaranteed until June 15, 2021. 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 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. 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. No closing costs on new HELOCs up to $500,000. *Add-On CDs must be opened in a branch. The top three loan types in Cambridge Trust Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans. 18-month terms at 0.55% interest rate and annual percentage yield. Do you represent Cambridge Trust Company? There are currently no loan rates available for Cambridge Trust Company. If your daily balance is $250,000.00 up to $999,999.99, the interest rate paid on the entire balance in your account will be .25% with an annual percentage yield of .25%. Cambridge Trust removes the mystique by explaining what a private bank is and how it can help individuals and business owners simplify their financial lives. See conditions for guarantee at thirdfederal.com. Additional information about this table. All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms. 40 Leonard Street 02478 MA United States Bedford. Chapter 13 - Trust funds overview; Trust Fund Set Up. With a Bankers Trust Add-On CD, you can continue to make deposits to the CD after opening the account. View all articles with Cambridge Trust Company →. The application is powered by Andera, and it allows electronic funding from an existing checking or savings account. There is no minimum opening deposit. Cambridge Trust Company Bank was established December 1889. Schedule an Appointment (Virtual or In Person). Cambridge Trust Company has a Capitalization of 9.9% versus the BestCashCow average of 12.07. You are leaving Cambridge Trust's Web site and linking to a third party site. Our competitive rates grow your money steadily. Customers have a grace period of 10 days in which to withdraw funds penalty-free before the IRA CD auto-renews. Certificates of Deposit (CDs) Our Certificate of Deposit options deliver competitive rates and terms to help meet your savings and retirement needs. Cambridge Savings Bank is headquartered in Cambridge and is the 11 th largest bank in the state of Massachusetts. Limited terms available with opening online. However, People’s United is offering a 2.00% for the 6-month term only and has pretty low rates for the other term lengths. Tiered interest rates that rise with balances and the safety of FDIC-insured. The following ratios and data are available to help you better understand the financial condition of Cambridge Trust Company. It's easy to open a CD for greater savings. Copyright © 2021 Cambridge Trust. Home Equity rates and terms are subject to change without notice. To obtain the APY disclosed above, the account must be established with new money not currently on deposit at Cambridge Trust. You must have a Cambridge Savings Bank Performance or Performance Plus checking account. See the best local savings rates here. As a mutual bank, we only answer to and serve the needs of our customers, neighbors, and local communities. A bank with a consistently low ROE can be considered poorly run. You are leaving Cambridge Trust's Web site and linking to a third party site. 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 See the best online CD rates here. Rates apply to new accounts and may not apply to existing accounts. As of September 30, 2020, Be the first to share your experience. Cambridge Trust Company had $9,189,000 in non-current loans and $1,820,000 in owned real estate. All Rights Reserved. Welcome to the best of both banks. 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. Our 3, 6 and 9 month CDs accrue interest daily and interest is credited at maturity. The rates for all CDs are guaranteed for the length of the term. Cambridge Trust Company has a Capitalization of 9.9% versus the BestCashCow … 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. Our CDs with terms of 18 month, 1, 2, 3, and 4 years compound and credit interest monthly. $10 minimum daily balance required to earn APY. Our merger is a partnership between two banks built on trusted relationships and a shared commitment to exceptional personal attention for our clients. 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). Please provide comments that will help others. 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. Copyright © 2021 Cambridge Trust. 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. All banks listed on BestCashCow.com are FDIC-insured. Hazard insurance is required on all loans secured by real property; flood insurance may also be required. All Rights Reserved. Our partners. 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. See all branch locations →. FDIC–insured up to at least $250,000 per depositor. 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. Cambridge Trust assumes no liability for the content, information, security, policies or transactions provided by these other sites. All data from the FDIC. … In the meantime you may wish to consider these offerings: Note to Cambridge Trust Company Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. The data is provided by the FDIC. 12.07%. A minimum of at least $10,000 not currently on deposit with CSB is required to open this special personal CD or IRA. Ends in 11 hours 9 minutes 59 seconds Ends in 11: 09: 59. Schedule an Appointment (Virtual or In Person) GENERAL INQUIRIES: Client Resource Center: 617-441-1444 or Email Us Learn More. Yes. There are currently no comments for Cambridge Trust Company. Membership conditions apply. Input a different zip code to find branches and locations for any neighborhood in the United States. Cambridge, New York Bank CD Rates. "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. Alumni. 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Therefore, when you upgrade to East Cambridge, you can be confident that you're getting a great rate; for both deposits and loans. If the daily balance is $40,000 or more, the entire balance receives interest rate and APY of 0.50%. Customers can open an account at one of its 16 branches. 30-year term. That gives it a Texas Ratio of 2.56%. Annual fee waived for the first year. Should You Really Be Buying 1-Year CDs Right Now?