Cambridgeport Bank offers two types of Money Market accounts. Both accounts come with access for Direct Deposit, 24-Hour Automated Telephone Account Information, postage paid Bank by Mail Services, and reduced rates on Cambridgeport Bank Personal Loans with automatic payment.

Select the account that best fits your needs

MONEY MARKET ACCOUNT

MONEY MARKET SAVINGS

MONEY MARKET SAVINGS FEATURES

Make the most of your short term savings investment with our Money Market Savings. This account features a higher rate of interest than a traditional regular savings account and the security of a fully insured by the FDIC and the DIF (Deposit Insurance Fund) bank.

Avoid the minimum balance fee of $7.00 monthly by maintaining a $2,500 monthly balance
Use the balance in this account to offset a monthly fees in a Cambridgeport Bank Appreciation Checking
Tiered interest rates
3 Free ATM withdrawals per statement period at over 300,000 ATM locations (including other banks' ATMs)
High competitive rates
Easy-to-read consolidated statement
Tiered Money Market Savings account balances

Balance of $ 10.00 - $ 9,999.99
Balance of $10,000.00 - $24,999.99
Balance of $25,000.00 and above

Important Information

• No check writing feature is available with this account.
• Federal Regulations limit telephone and ACH transfers to a maximum of six per statement period.
• Surcharges from other institutions may be incurred with the ATM usage.

  Interest Rate

• Daily interest accrues when the minimum balance of $10.00 is maintained.
• Interest is compounded monthly on the statement date.
• The customer is paid tiered interest rates based on account balances:
  - First Tier: $10 - $9,999.99
  - Second Tier: $10,000 - $24,999.99
  - Third Tier: $25,000 and above
• The interest rate is variable.

MONEY MARKET ACCOUNT FEATURES

This account combines the interest feature of a savings account and the easy access benefit of a checking account together in one account. This account is fully insured by the FDIC and the DIF (Deposit Insurance Fund)

Avoid the minimum balance fee of $7.00 monthly by maintaining a $2,500 monthly balance
Write up to three checks per statement period
Tiered interest rates allowing faster earnings than traditional checking
Low fee for ATM transactions at over 300,000 ATM locations (including other banks' ATMs)
3 free ATM withdrawals
Unlimited ATM access at Cambridgeport Bank
No fee for purchases with your ATM card at participating merchants
Easy-to-read consolidated statement
Tiered Money Market account balances

Balance of $ 10.00 - $ 9,999.99
Balance of $10,000.00 - $24,999.99
Balance of $25,000.00 and above

Important Information

• Each check must be written for at least $250.
• Checks in excess of three per statement period will have a fee of $5 each.
• Federal Regulations limit check, telephone and ACH transfers to a maximum of six per statement period.
• Surcharges from other institutions may be incurred with the ATM usage

Interest Rate

• Daily interest accrues when the minimum balance of $10.00 is maintained.
• Interest is compounded monthly on the statement date.
• The customer is paid tiered interest rates based on account balances:
  - First Tier: $10 - $9,999.99
  - Second Tier: $10,000 - $24,999.99
  - Third Tier: $25,000 and above
• The interest rate is variable.
  

About Us I Internet Banking I Personal Banking I Business Banking I Locations I Employment | Map | I Contact Us