Trust and Financial Services - Account Login Return to Cape Ann Savings Bank Home Page

Phone: 978-283-7079
888-283-2272

Senior Couple ExercisingInvestment Management

The Trust & Financial Services Department has been actively managing investment accounts for over twenty five years. Historically, trusts invested monies very conservatively. This stems from the role of trusts in medieval English common law, in which trust assets were typically farmland. The land itself was the principal of the trust; the crops the land produced were income. As the economy evolved and trust assets became more liquid, a tradition of absolute aversion to any loss of investment principal remained. Only within the last two centuries have the courts and trustees adopted a more liberal interpretation of what constitutes a prudent trust investment.

The Prudent Investor Rule

Today, the Trust & Financial Services Department holds itself to the standard of a prudent investor. A prudent investor diversifies their investments across asset classes. This way, literally and figuratively, their eggs are not all in one basket. A prudent investor minimizes risk by investing broadly across the market.

 

Asset Allocation

Studies have shown that the greatest investment gains originate from how an investor allocates their assets across asset classes rather than selecting individual stocks. Our Department invests according to these principles. We do not chase the stock of the moment. Cape Ann Trust & Financial Services recommends investments based on value, quality, and potential for long-term appreciation.

 

Investment Choices

Investment choices include stocks, bonds, mutual funds, fixed income investments, and alternative investment classes including: real estate investments, trusts, international equities and specialty funds.

 

Green Investing

The Trust & Financial Services Department responded to their clients by unveiling a series of values-based investments, sometimes referred to as "Green" investments. These investments originate from the values of the individual investor. Originally, this type of investment avoided "sin" stocks, that is, businesses deriving revenue from alcohol, tobacco, or gambling. Today, values-based investments derive from an investor's desire to support sustainable energy, human rights, or further other ecological concerns. We call these investments socially responsible investments, or SRIs. The Trust & Financial Services Department offers a series of SRIs to suit our clients’ needs.

 

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.