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: 
The Bank requires all new and existing customers to provide certain information and supporting identification when opening a new account or service, adding a signatory to an existing account or service or to enable the Bank to maintain up to date records.
IDs acceptable to open account: 
Yes
What other IDs are valid to open an account: 
Permanent Resident Card (Form I-551) with photo.
What other IDs are valid to open an account: 
U.S. Armed Forces ID.
Other forms of identification that are valid to open an account: 
Accepted Primary ID documents currently include unexpired: US or Canadian Driver's License, Passport or Passport ID, Armed Forces ID, MA Law Enforcement Officer Photo ID, Permanent Resident Card (INS Form I-551) for resident aliens, Massachusetts Liquor ID, and MA State ID.
Savings Account Features
Monthly Maintenance Fee: 
$1.00 monthly maintenance fee waied with a minimum daily balance of $10.00
Minimum opening deposit: 
$10.00
Ability to have an automatic transfer (auto-save) from other accounts: 
Yes
Considers Chexsystems if less than 6 months: 
Case-by-case basis
Other Bank Products and Services
Outgoing International wire transfers: 
Yes
Remittances to foreign countries available: 
Yes
Cost of remittance: 
$0.00
Free On-Line Banking: 
Yes
Cost for money orders: 
$4.00
Mobile banking available: 
Yes
Monthly statements : 
No additional cost
"Help" phone line hours: 
Mon - Fri: 8am to 6pm Saturday: 9am to 3pm Sunday: 10am to 3pm
Language assistance available (not necessarily in person): 
No
Languages: 
While some employees can offer support for general questions and account servicing questions in a language other than English, sales and marketing discussions are conducted in English, since our disclosures are only available in English. Prospective customers who express a preference to engage in sales discussions in a language other than English should confirm that they can understand our disclosures, or have someone outside the bank who can help them understand our disclosures and notices.
 

 

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