Cambridge Savings Bank

What is it that sets Cambridge Savings Bank apart from any other banking experience you’ll ever have? Simple. We treat every customer like they’re our only customer. And how do we do this? By providing a level of personal attention, respect, and responsiveness that you just won’t find anywhere else.

Identification Required to Open a New Account
Description of your identification policy: 
For new customers we generally require one form of primary ID and one form of secondary ID. One form of primary ID for existing customers
IDs acceptable to open account: 
Yes
Other forms of identification that are valid to open an account: 
Unexpired Government Issued Picture ID: US Driver’s License, Passport or Passport ID, MA Liquor ID, MA State ID. Canadian Driver's License
Savings Account Features
Monthly Maintenance Fee: 
$1.00 if minimum daily balance falls below $10.00
Minimum opening deposit: 
$1.00
Ability to have an automatic transfer (auto-save) from other accounts: 
Yes
Free Out of Network ATM Usage: 
No
Considers Chexsystems if less than 6 months: 
Case-by-case basis
Other Bank Products and Services
Outgoing International wire transfers: 
Yes
Cost of wire transfer: 
$40.00
Remittances to foreign countries available: 
No
Free On-Line Banking: 
Yes
Cost for money orders: 
$4.00
Mobile banking available: 
Yes
Monthly statements : 
No additional cost
"Help" phone line hours: 
M-F 8:00 to 6:00 Sat 9:00 to 3:00 Sun 10:00 to 3:00
Language assistance available (not necessarily in person): 
Yes
Languages: 
Spanish Portuguese Russian
Incentives available for completing financial education training: 
We provide financial education to student groups, and non-profits. We are implementing a broad online financial education program in 2017
 

 

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