Personal Deposit Rates
Rates effective as of March 23, 2023
All rates are subject to change without notice.
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Daily Balance to Earn APY | |
|---|---|---|---|---|
| Performance Plus Money Market 2, 3 | 0.40% | 0.40% | $1 | $10.00-$9,999.99 |
| Performance Plus Money Market 2, 3 | 0.40% | 0.40% | $1 | $10,000.00-$29,999.99 |
| Performance Plus Money Market 2, 3 | 0.45% | 0.45% | $1 | $30,000.00-$49,999.99 |
| Performance Plus Money Market 2, 3 | 0.75% | 0.75% | $1 | ≥ $50,000 |
| Bonus Tier 3 | 0.995% | 1.00% | $1 | ≥ $50,000 |
| Simple Savings | 0.15% | 0.15% | $1 | $10 |
| Basic Savings | 0.02% | 0.02% | $1 | $10 |
1Fees may reduce earnings.
2Money Market Accounts also available in Personal Retirement Plans with a $100 minimum opening deposit.
3Bonus tier for customers with a Performance Plus, CSB One, or CSB @ Work Checking account. For more information, please refer to our Personal Account Fee Schedule and Understanding your Deposit Account Handbook.
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Daily Balance to Earn APY | |
|---|---|---|---|---|
| Performance Plus Checking | 0.05% | 0.05% | $10 | $10 |
| CSB One 5 Checking | 1.98% | 2.00% | $10 | ≤ $5,000 |
| CSB One 5 Checking | 0.00% | 0.00% | $10 | ≥ $5,000.01 |
| CSB @ Work Checking 6 | 0.05% | 0.05% | $10 | $10 |
4 Fees may reduce earnings.
5 CSB One qualifications: A Connect InvestSM investment account must be opened and funded within 60 days of opening a CSB One Checking Account. The CSB One Checking Account is a variable rate account. Rate may change after account is opened. When statement cycle qualification conditions are met: Tier 1 - Daily balances of $5,000 or less, the interest rate will be 1.98% with an APY of 2.00%. Tier 2 - Interest will not be paid on that portion of your daily balance that is greater than $5,000. The range for this tier is 2.00% - 0.01%, depending on the balance in the account. Minimum balance to open account is $10. One account per household.
Connect InvestSM investment products and services are offered independently through SigFig Wealth Management, LLC, an SEC registered investment advisor. Investment accounts are custodied at brokerages that are members of FINRA/SIPC. SigFig and Cambridge Savings Bank are not affiliated. Products and services made available through SigFig are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of the principal amount invested.
6 Eligibility—You must be employed by a participating CSB @ Work employer. A CSB @ Work Checking Account requires direct deposit from a qualifying employer. If a direct deposit from a qualifying employer is not received for 60 consecutive days, a CSB @ Work Checking Account will convert to a Simple Checking Account.
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Daily Balance to Earn APY | |
|---|---|---|---|---|
| 3 months | 0.50% | 0.50% | $1,000 | $10 |
| 6 months | 0.995% | 1.00% | $1,000 | $10 |
| 1 year | 1.98% | 2.00% | $1,000 | $10 |
| 2 years | 1.98% | 2.00% | $1,000 | $10 |
| 3 years | 1.98% | 2.00% | $1,000 | $10 |
| 5 years | 1.98% | 2.00% | $1,000 | $10 |
7 The APY is based on monthly compounding with funds held to maturity. Additional deposits to CDs are not permitted. All CDs are available as Retirement Plans with a $500 opening deposit. Substantial penalties for early withdrawal may be imposed. Fees may reduce earnings. For more information, please refer to our Personal Account Fee Schedule and Understanding Your Deposit Accounts Handbook.
| Interest Rate | Annual Percentage Yield (APY) | Minimum Deposit to Open | Minimum Daily Balance to Earn APY | |
|---|---|---|---|---|
| 14 months | 4.65% | 4.75% | $1,000 | $10 |
| 17 months 9 | 4.41% | 4.50% | $10,000 | $10 |
| 31 months 9 | 3.93% | 4.00% | $10,000 | $10 |
8 Rate is subject to change without notice. $10 minimum daily balance required to earn APY. After the account has been opened or renewed, no additional deposits to this CD Special are permitted. The APY assumes interest remains on deposit until maturity. Substantial penalties for early withdrawal may be imposed. Withdrawals and penalties may reduce earnings. You must live or work in Massachusetts to take advantage of this CD Special. Offer may be withdrawn at any time.
9 A minimum of $10,000 not currently on deposit with CSB is required to open this special CD. Available for CD renewals with an additional minimum deposit of $10,000 not currently on deposit with CSB.