Cape Ann Savings Bank

You're always welcome at Cape Ann Savings, and we work hard to be sure you find all of the competitive accounts and services you need. With Cape Ann Savings, you'll always have your cash close at hand and your investments safe and growing. We've been serving the Gloucester area since 1846, but we consider ourselves a progressive bank with convenient accounts and an impressive level of service. If you've been banking with us for years, you'll also notice the long-term commitment of our staff. We have many employees with more than 20 years of service here!

Identification Required to Open a New Account
Description of your identification policy: 
For new accounts opened by a natural person (or more than one natural person) the Bank will, AT A MINIMUM, obtain and record the following information about EACH owner of the account: 1. Name 2. Tax Identification Number 3. Address 4. Telephone Number 5. Occupation 6. Date of Birth 7. Information concerning business (if sole proprietor business account), such as business address, telephone number and Tax Identification Number, if different than the information of the Individual. 8. For military personnel address requirements may be satisfied via obtaining a U.S. Army Post Office (APO) or U.S. Navy Fleet Post Office (FPO) box number, or the residential or business street address of next of kin or of another contact individual. Upon obtaining this information, the Bank will verify the accuracy of the information provided by the customer.
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: 
INS Employment Authorization Card (Form I-766 or I-866) with photo.
What other IDs are valid to open an account: 
U.S. Military ID Common Access Card (with photo).
Savings Account Features
Monthly Maintenance Fee: 
Free, no monthly maintenance fee.
Minimum opening deposit: 
$10.00 to earn interest
Ability to have an automatic transfer (auto-save) from other accounts: 
Yes
Considers Chexsystems if less than 6 months: 
No
Other Bank Products and Services
Outgoing International wire transfers: 
No
Remittances to foreign countries available: 
No
Free On-Line Banking: 
Yes
Cost for money orders: 
$2.00
Mobile banking available: 
Yes
Monthly statements : 
No additional cost
"Help" phone line hours: 
M-T-W 8:30-4:30; Thursday 8:30 - 7:00; Friday 8:30 - 5:30; Saturday 8:30 - 12:00
Language assistance available (not necessarily in person): 
No
 

 

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