Cambridge Trust Company

Headquarters

1336 Massachusetts Ave
Cambridge, MA 02138
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 0.91% →
1-Year CD 0.30% 0.85% →
2-Year CD 0.30% 0.95% →
5-Year CD 0.75% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

Cambridge Trust Company is an FDIC insured institution located in Cambridge, MA. It was founded in 1890 and has approximately $2.85 billion in assets. Customers can open an account at one of its 16 branches.

FDIC Insured Yes
FDIC Certificate # 8152
Date Established 1890
Assets $ 2.85 billion
Loans $ 2.24 billion
Deposits $ 2.40 billion
Capital $ 292.08 million
 

For a more detailed analysis of Cambridge Trust Company's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - November 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.03% $2,500 $2,999 Learn More
Money Market
0.03% $10,000 $14,999 Learn More
Money Market
0.03% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
3 Mo CD
0.10% $10,000 $14,999 Learn More
3 Mo CD
0.10% $100,000 $199,999 Learn More
6 Mo CD
0.20% $10,000 $14,999 Learn More
6 Mo CD
0.20% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
24 Mo CD
0.30% $10,000 $14,999 Learn More
24 Mo CD
0.30% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More

Variable IRA Rates APY MIN MAX
Var IRA
0.01% $1 $499 Learn MoreShow Less
Checking Rates APY MIN FEE
Access Checking 0.00% $5,000 $12.00 Learn MoreShow Less
Value Checking 0.00% $0 $9.95 Learn MoreShow Less
Premium Relationship 0.05% $10,000 $18.00 Learn MoreShow Less
 

Loan Rates - November 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Cambridge Trust Company

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.557% 2.500% 0.75 $1,880 $988 Learn More

Note to Cambridge Trust Company
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Branches

Cambridge Trust Company branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Cambridge Trust Company Locations


Financial Details

Cambridge Trust Company Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cambridge Trust Company. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Cambridge Trust Company U.S. Bank Average
1.87% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, Cambridge Trust Company had $3,379,000 in non-current loans and $2,457,000 in owned real estate. To cover these potential losses it had $292,079,000 in equity and $20,163,000 in loans loss reserves. That gives it a Texas Ratio of 1.87%.

Return on Equity
Cambridge Trust Company U.S. Bank Average
10.05% 7.80%

Cambridge Trust Company has a Return on Equity of 10.05% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Cambridge Trust Company U.S. Bank Average
10.24% 12.68%

Cambridge Trust Company has a Capitalization of 10.24% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Cambridge Trust Company Balance Sheet Analysis

As of March 31, 2020, Cambridge Trust Company had assets of $2,852,610,000, loans of $2,238,514,000, and deposits of $2,396,020,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 42.99 million
Interest-bearing balances $ 25.18 million
Total securities $ 364.85 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.24 billion
Loan loss allowance $ 20.16 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 2.46 million
Goodwill and other intangibles $ 35.70 million
All other assets $ 121.93 million
     Total Assets $ 2.56 billion
LIABILITIES
Total deposits $ 2.40 billion
      Interest-bearing deposits $ 1,782.12 million
      Deposits held in domestic offices $ 2.40 billion
      % insured (estimated) 58.95%
Federal funds purchased and repurchase agreements $ 10.50 million
Trading liabilities N.A.
Other borrowed funds $ 98.46 million
Subordinated debt N.A.
All other liabilities $ 55.55 million
      Total Liabilities $ 2.56 billion
      Shareholders’ Equity $ 292.08 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 26.13 million
Total Interest Expense $ 3.70 million
Net interest income $ 22.44 million
Provision for loan and lease losses $ 2.04 million
Total non interest income $ 8.78 million
Total non interest expense $ 19.86 million
Pre-tax Net Operating Income $ 9.31 million

Bank Loan Profile?

The top three loan types in Cambridge Trust Company’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Multifamily Mortgages.

Compared to other banks, Cambridge Trust Company’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 45.32
Multifamily
Mortgages
13.53
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 4.48
Commercial Real Estate 30.16
Commercial and Industrial Loans 5.47
Farm Loans 0.00

Frequently Asked Questions About Cambridge Trust Company

Branches and Savings

Is Cambridge Trust Company FDIC insured?

Yes. It is covered under FDIC Certificate #8152.

Why does Cambridge Trust Company pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Cambridge Trust Company CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Cambridge Trust Company a commercial bank?

Yes

Where are Cambridge Trust Company locations?

See branch locations nearby.

Is Cambridge Trust Company open on Saturdays?

Is Cambridge Trust Company open on Sundays?

What time does Cambridge Trust Company open?

What time does Cambridge Trust Company close?

Are Cambridge Trust Company ATMs Open 24/7?

Do Cambridge Trust Company ATMs accept cash deposits?

Can Cambridge Trust Company customers use other ATMs?

Do Cambridge Trust Company branches have notaries?

Will Cambridge Trust Company notarize my document?

What address for Cambridge Trust Company should I put for incoming ACH transfers?

Will the Cambridge Trust Company branch print checks?

Do Cambridge Trust Company checks expire?

Does Cambridge Trust Company require US citizenship to open account?

Can Cambridge Trust Company close my account?

Does Cambridge Trust Company Report to credit bureaus?

Does Cambridge Trust Company Use Equifax?

What is Cambridge Trust Company's ACH Routing Number?

What is Cambridge Trust Company's SWIFT code?

Products

Does Cambridge Trust Company offer mortgages?

Compare mortgage rates here.

Does Cambridge Trust Company offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cambridge Trust Company offer personal loans?

Compare personal loan rates here.

Does Cambridge Trust Company offer student loans?

Will Cambridge Trust Company cash a check?

Will Cambridge Trust Company redeem a savings bond?

Does Cambridge Trust Company cash savings bonds?

Will Cambridge Trust Company cash money orders?

Can Cambridge Trust Company issue a money order?

Does Cambridge Trust Company do currency exchange?

Background on The Bank

Who owns Cambridge Trust Company?

How long has Cambridge Trust Company been around?

Can Cambridge Trust Company transfer to other banks?

Does Cambridge Trust Company have quick pay?

Does Cambridge Trust Company accept rolled coins?

Will Cambridge Trust Company accept loose change?

Where is Cambridge Trust Company headquarters?

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