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Federal Deposit Insurance Corporation FDIC Insured - Backed by the full faith and credit of the U.S. Government.

KEEP IT IN
CAPE ANN!

Earn up to 4.70% APY*

Lighthouse Business Money Market Account

You’re a local business owner and believe in the Cape Ann Community. So do we.

When you keep your money in our Lighthouse Business Money Market Account, you not only get a great interest rate, but it also empowers CASB to reinvest in the Cape Ann community.

Visit, call, or we can come to you!

978-283-0246

Locations and Business Hours

Main Office
109 Main Street
Gloucester, MA 01930

Gloucester Crossing
4 School House Road
Gloucester, MA 01930

Manchester Branch
17 Beach Street
Manchester-by-the-Sea, MA 01944

Granite Branch
247 Main Street
Rockport, MA 01966

E-mail Us

We're here to help you with the process of opening a new account. If you would like more information, fill out the form below and a representative will be in touch.

 

Contact Form

View the videos below to discover why other businesses choose to have accounts with Cape Ann Savings Bank.

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

 

4.10%

 4.18%

Equal to or greater than $50,000.00 but less than $500,000.00

 

4.35%

 4.44%

Equal to or greater than $500,000.00 but less than $1,500,000.00

 

4.60%

 4.70%

Equal to or greater than $1,500,000.00

Annual Percentage Yield (APY) is effective 07/09/2024. Minimum balance to open the account is $50,000.00. Minimum balance to earn 4.70% APY is $1,500,000.00 or greater. Balances less than $1,500.000.00 but equal to or greater than $500,000.00 earn 4.44% APY. Balances less than $500,000.00 but equal to or greater than $50,000.00 earn 4.18% APY. Balances less than $50,000.00 earn 0.25% APY. The interest rate is variable and may change, at our discretion, without notice. Deposits are insured in full. 

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