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Phone: 978-283-0246
  888-283-2272

Check Out Our Deposit Rates - Our Representatives Can Answer Your Questions

Want to know more about our deposit rates? Cape Ann Savings Bank serving Gloucester, Manchester-by-the-Sea, Rockport, Essex and the surrounding area, offers many deposit options and has representatives standing by during banking hours to answer your questions via telephone or email. Our deposit rates are competitive, which is why we maintain a large and loyal client base that comes to us when they want to start building a nest egg or planning for the future. Check out our current deposit rates below, or stop by any Cape Ann Savings Bank office for more information.

Main Phone: 978-283-0246 or 888-283-2272

Email: info@casbank.com

Cape Ann Savings Bank offers many deposit options. Check out our current rates below.

Rates are applicable as of 8/23/2017.

 

Click here for calculator.

Any fee(s) assessed could reduce earnings on the following accounts

Certificate of Deposit Rates
Product NameInterest RateAnnual Percentage Yield (APY)Minimum daily balance to open account and to earn APY
6 Months 0.50% 0.50% $500.00
1 Year 0.60% 0.60% $500.00
1 1/2 Years 0.75% 0.75% $500.00
2 Years 0.75% 0.75% $500.00
2 1/2 Years 1.00% 1.00% $500.00
3 Years 1.25% 1.26% $500.00
4 Years 1.75% 1.76% $500.00
5 Years 1.75% 1.76% $500.00
* A Penalty may be assessed for early withdrawals
** A 1/4% more interest for CDs of $50,000 or more with terms from 1 to 5 years.
Money Market Deposit Account Rates
Product NameInterest RateAnnual Percentage Yield (APY)Minimum daily balance to open account and to earn APY
Money Market Deposit Account 0.25% 0.25% $500.00
* This account is a variable rate account.
The interest rate may change after the account is opened.
NOW Account Rates
Product NameInterest RateAnnual Percentage Yield (APY)Minimum daily balance to open account and to earn APY
Free NOW Checking Account 0.25% 0.25% $10.00
* This account is a variable rate account.
The interest rate may change after the account is opened.
Retirement Account Rates
Product NameInterest RateAnnual Percentage Yield (APY)Minimum daily balance to open account and to earn APY
6 Months 0.50% 0.50% $500.00
1 Year 0.60% 0.60% $500.00
1 1/2 Years 0.75% 0.75% $500.00
2 Years 0.75% 0.75% $500.00
2 1/2 Years 1.00% 1.00% $500.00
3 Years 1.25% 1.26% $500.00
4 Years 1.75% 1.76% $500.00
5 Years 1.75% 1.76% $500.00
Savings Account 0.25% 0.25% $10.00
* A Penalty may be assessed for early withdrawals.
** A 1/4% more interest for CDs of $50,000 or more with terms from 1 to 5 years.
Savings Account Rates
Product NameInterest RateAnnual Percentage Yield (APY)Minimum daily balance to open account and to earn APY
Statement Savings Account 0.25% 0.25% $10.00
Passbook Savings Account 0.25% 0.25% $10.00
Christmas Club Account 0.25% 0.25% $0.00
* This account is a variable rate account.
The interest rate may change after the account is opened.

Notice to All Online Banking Customers

Our customers' security is of the upmost importance to us.


In order to enhance security, we will be discontinuing service to unsupported web browsers with outdated security settings. The banking application will include a security update which will require that our customers are using a secure browser that enables Transport Layer Security (TLS version 1.2).


To ensure we can continue to serve you securely in the future, please check your browser to be sure it complies with one of the compatible browsers listed in the table to the right.

 

Browser / Operating System Compatibility

 microsoft edge

Microsoft Edge  Compatible
 microsoft internet explorer Microsoft IE Desktop and mobile version 11  Compatible
 microsoft internet explorer Microsoft IE Desktop versions 9 and 10 *  Not Compatible
 mozilla firefox Mozilla Firefox 27 and higher  Compatible
 google chrome Google Chrome 38 or higher  Compatible
 apple safari Mobile Safari versions 5 and higher  Compatible
 microsoft windows 7 Microsoft Windows 7,8.0,8.1,10  Compatible
microsoft windows 8 Microsoft Windows 8, 8.1 Compatible
microsoft windows 10 Microsoft Windows 10 Compatible
 microsoft windows xp Microsoft XP/Vista and below  Not Compatible

 *can be enabled on windows 7 or newer

If you have any questions about these changes, please contact our customer service department at 978-283-0246 and we will be happy to assist you.