Start Saving Your Way
The right savings account is the cornerstone of your financial strategy. You need to choose a savings account that allows you to execute your savings strategy. At Cape Ann Savings Bank, you have choices. We give you a variety of savings account options, allowing you to choose the account that allows you to save your way. Whether you want a traditional account, an account that is easy to link to your checking account, or an account that lets you save for the holidays or for other needs all year long, we've got what you need. Opening a new savings account is easy and only take a few minutes.Get started by clicking the button below.
Open a Savings Account View Deposit Rates
Compare Your Savings Account Options at Cape Ann Savings Bank
| Account Type | Who this account is for | Minimum Balance Requirement | Minimum Opening Deposit | Fees | Benefits |
|---|---|---|---|---|---|
| Lighthouse Savings View Rates | Those seeking a high APY | None | $15,000.00 | None | High APY No withdrawal or deposit fees Direct deposit available Not eligible for online account opening |
| Statement Savings View Rates | Individuals wanting a basic savings account | $10 | $10 | None | Earn interest with a minimum daily balance of $10 No withdrawal or deposit fees Direct deposit available eStatements available through Online Banking |
| Kasasa Saver® Learn More | Customers with a Kasasa Checking account | None | $10 | None | Must be linked to a Kasasa Checking account No withdrawal or deposit fees Direct deposit available Not eligible for online account opening |
| Passbook Savings View Rates | Those preferring a traditional passbook account | $10 | $10 | None | Earn interest with a minimum daily balance of $10 No withdrawal or deposit fees Direct deposit available Not eligible for online account opening |
| Christmas Club Account View Rates | Shoppers planning ahead for holiday expenses | None | None | None | No minimum balance requirements No withdrawal or deposit fees Direct deposit available Receive a check in mid-October for holiday shopping or other planned uses Not eligible for online account opening |