Handbook for this account. Please refer to the Handbook and Fee Schedule for more information.
Rate Information – This account earns interest. See Savings Accounts – Common Features section in the Handbook for more information.
Minimum balance to avoid the imposition of fees –
A monthly maintenance fee of $10 will be imposed every statement
cycle if the average monthly balance falls below $1,000. The
average monthly balance is calculated by adding the balance in the
account for each day of the period and dividing that figure by the
number of days in the period.
There is an annual fee for Retirement accounts. A fee will be charged for each Trustee Transfer to another financial institution for all Retirement accounts. See separate Fee Schedule for a complete list of fees and charges.
- New accounts opened with new funds, not previously on deposit at Cambridge Savings Bank with a maximum opening deposit of $5,000,000.
- You must deposit at least $1 ($100 for Retirement accounts) to open this account.
- You must be a resident of New England to take advantage of this offer.
- One account per household.