Deposit Rates

At Cape Ann Savings Bank, we offer competitive rates and personal service. Check out our deposit rates below or visit one of our office locations during business hours in Gloucester, Manchester-by-the-Sea, or Rockport.

Questions? Send us an email or call 978-283-0246, toll free 888-283-2272 for more information.

Calculators

Certificate of Deposit Account Rates

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance*
6 Months	0.35%	0.35%	$500.00
9 Months	4.75%	4.85%	$500.00
1 Year	4.25%	4.33%	$500.00
1½ Years	3.25%	3.30%	$500.00
2 Years	0.75%	0.75%	$500.00
2 ½ Years	0.75%	0.75%	$500.00
3 Years	0.75%	0.75%	$500.00
4 Years	0.75%	0.75%	$500.00
5 Years	1.00%	1.00%	$500.00

*To open account and earn the annual percentage yield (APY).
A penalty may be assessed for early withdrawals.

Calculators

Individual Retirement Account (IRA) Rates

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance*
6 Months	0.35%	0.35%	$500.00
9 Months	4.75%	4.85%	$500.00
1 Year	4.25%	4.33%	$500.00
1½ Years	3.25%	3.30%	$500.00
2 Years	0.75%	0.75%	$500.00
2 ½ Years	0.75%	0.75%	$500.00
3 Years	0.75%	0.75%	$500.00
4 Years	0.75%	0.75%	$500.00
5 Years	1.00%	1.00%	$500.00
IRA Savings Account	0.50%	0.50%	$10.00

*To open account and earn the annual percentage yield (APY).
A penalty may be assessed for early withdrawals.

Calculators

Checking Account Rates

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance*
NOW Account & Classic Checking	0.25%	0.25%	$10.00
Business Sole Proprietor / Non-Profit Organization NOW Account	0.25%	0.25%	$10.00

*To open account and earn the annual percentage yield (APY).
This account is a variable rate account. The interest rate may change after the account is opened.

Rewards Checking

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance	Minimum to Earn Annual Percentage Yield (APY)
Kasasa Cash®	1.98%	2.00%	None	.01 - $10,000.00
	0.15%	2.00% - 0.32%	None	$10,000.01 and over
	0.05%	0.05%	*None	.01 and over

*Non qualifying accounts.
Minimum to open account is $10.00. Click here for details.

This is a variable rate account. The interest rate may change after the account is open.

Money Market Account Rates

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance*
Money Market Account	0%	0%	Equal to or greater than $0 but less than $10.00
	0.25%	0.25%	Equal to or greater than $10.00 but less than $500.00
	0.25%	0.25%	Equal to or greater than $500.00 but less than $250,000.00
	2.50%	2.52%	Equal to or greater than $250,000.00 but less than $1,000,000.00
	2.50%	2.52%	Equal to or greater than $1,000,000.00

*To earn the annual percentage yield (APY).
Minimum $500.00 deposit to open.
Fees may lower APY.
The interest rates are variable and may change, at our discretion, without notice.

Lighthouse Business Money Market Account Rates

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance*
Lighthouse Business Money Market Account	0.25%	0.25%	Equal to or greater than $0.00 but less than $50,000.00
	5.00%	5.12%	Equal or greater than $50,000.00 but less than 500,000.00
	5.00%	5.12%	Equal to or greater than $500,000.00 but less than 1,500,000.00
	5.00%	5.12%	Equal to or greater than $1,500,000.00

*To earn the annual percentage yield (APY).
Minimum $50,000.00 deposit to open Lighthouse Business Money Market Demand Deposit Account.
The interest rates are variable and rates may change, at our discretion, without notice.

Business Money Market Account Rates

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance*
Business Money Market Account	0.00%	0.00%	Equal to or greater than $0.00 but less than $500.00
	0.25%	0.25%	Equal or greater than $500.00 but less than $10,000.00
	0.25%	0.25%	Equal to or greater than $10,000.00 but less than $50,000.00
	0.25%	0.25%	Equal to or greater than $50,000.00 but less than $250,000.00
	2.50%	2.52%	Equal to or greater than $250,000.00

*To earn the annual percentage yield (APY).
Minimum $500.00 deposit to open.
The interest rates are variable and rates may change, at our discretion, without notice.
Interest will not be paid during any statement cycle where the account balance has fallen below $500.00.

Lighthouse Savings Account RateS

Product Name	Interest Rate	Annual Percentage Yield (APY)	Daily Balance Range*
Lighthouse Savings Account	0.50%	0.50%	Below $15,000.00
	2.00%	2.02%	Equal to or greater than $15,000.00

*To earn the annual percentage yield (APY).
Minimum $15,000.00 deposit to open.
Account is a variable rate account.
The interest rates are variable and may change, at our discretion, without notice.

Savings Account Rates

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance*
Statement Savings Account	0.50%	0.50%	$10.00
Passbook Savings Account	0.25%	0.25%	$10.00
Christmas Club Account	0.25%	0.25%	$0.00
Business Statement Savings Account	0.25%	0.25%	$10.00

*To open account and earn the annual percentage yield (APY).
These accounts are variable rate accounts. The interest rate may change after the account is opened.

Kasasa Saver® (Must be linked to A Kasasa® Checking Account)

Product Name	Interest Rate	Annual Percentage Yield (APY)	Minimum Daily Balance	Minimum to Earn Annual Percentage Yield (APY)
Kasasa Saver®	0.99%	1.00%	None	.01 - $25,000.00
	0.15%	1.00% - 0.32%	None	$25,000.01and over
	0.05%	0.05%	*None	.01 and over

*Non qualifying accounts.
Minimum to open account is $10.00. Click here for details.
This is a variable rate account. The interest rate may change after the account is open.

Deposit Rates

Find the Right Account for You

Certificate of Deposit Account Rates

Individual Retirement Account (IRA) Rates

Checking Account Rates

Rewards Checking

Money Market Account Rates

Lighthouse Business Money Market Account Rates

Business Money Market Account Rates

Lighthouse Savings Account RateS

Savings Account Rates

Kasasa Saver® (Must be linked to A Kasasa® Checking Account)

Rates effective as of