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We are sharing an exceptional year with our depositors!

From the desk of Robert J. Gillis Jr.

Dear Valued Depositor:

I am writing to you today on behalf of everyone at Cape Ann Savings Bank.

During this holiday season we are pleased to tell you that, for the 23rd consecutive year, we will be paying a special bonus dividend to every deposit account on record as of the close-of-business on December 31, 2018. That's 8% of the dividend earned in 2018.

This year, on top of the special bonus dividend, we are especially happy to deposit an additional $5 in interest into every deposit account in celebration of an exceptional year!

Since 1996, the Bank has given back to our depositors over $5.9 million in special dividends. It is our way of saying thanks to all of you, our loyal depositors, for allowing us the privilege of serving you, and entrusting us with your deposits.

Please accept our enduring gratitude, as well as our best wishes for a very happy holiday and a prosperous New Year!


Robert J. Gillis, Jr.


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