Save with Ivy Bank today.
Grow for the future.

1-Year Certificate of Deposit

Backed by a bank with over 189 years of experience.

Backed by the strength and stability of Cambridge Savings Bank, a trusted financial institution based in the greater Boston area, Ivy Bank was created with the goal of helping to improve your financial well-being by offering user-friendly higher-interest rate products, exceptional digital experiences, and personalized service.

Access your Ivy Bank accounts on-the-go with our mobile banking app.

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Why You'll Love Banking With Us

Apply for an
account in minutes

Opening an account
online is easy.

Mobile and

Convenient features that help you bank from your device.

No unexpected

You won’t be thrown off by a charge you weren't expecting.

FDIC Insured2

A trusted partnership with over 189 years of financial success.


Great rates

Competitive market rates that help your money grow.

Transfer funds

Make transfers3 between your Ivy Bank accounts and your external accounts.

Pick The Savings Option That Helps Meet Your Needs


Indexed Savings Account

Designed for savers seeking a competitive rate without the hassle of having to frequently move money from bank to bank.
  • Rate resets at the beginning of each calendar month and is indexed to the One-Month Treasury Par Yield
  • $2,500 minimum opening balance
  • $2,500 minimum balance to earn indexed rate and APY
  • FDIC Insured

High-Yield Certificate of Deposit

Our 1-year High-Yield CD offers you a safe and secure way to grow your funds at a competitive market rate.
  • Guaranteed returns for the length of the term
  • $1,000 minimum opening balance
  • FDIC Insured

1Rates effective as of 4/1/23 and are subject to change without notice. Minimum opening deposit of $1,000. The Annual Percentage Yield (APY) is based on monthly compounding with funds held to maturity. $10 minimum daily balance required to earn APY. Additional deposits are not permitted. Substantial penalties for early withdrawal may be imposed. Fees may reduce earnings. For more information, please refer to our disclosures

2FDIC Insured up to the maximum amount allowed by law. Ivy Bank and Cambridge Savings Bank are treated as the same entity for the purposes of calculating FDIC insurance limits. 

3Transfers and withdrawals from Ivy Bank Savings accounts may be limited to a total of six per calendar month. Withdrawals and transfers shall only be made payable to one or more of the owners of the account. 

4Rates effective as of 4/1/23. Minimum opening deposit of $2,500. The minimum balance to obtain the 4.32% Annual Percentage Yield (APY) is $2,500.00. If your balance is between $10 - $2,499.99, the interest rate is 0.05% and the APY is 0.05%. The maximum account balance to receive the 4.32% APY is $1,000,000. This is a variable tiered rate account and rates may change after account is opened. Tier 1 - For daily balances of $2,499.99 or less, the interest rate is determined at the Bank's discretion. Tier 2 - For daily balances of $2,500.00 or greater, the interest rate is determined by the 1 Month Treasury Par Yield as published by the U.S. Department of the Treasury’s Daily Treasury Par Yield Curve Rates on the 15th day of each calendar month. If the 15th of the calendar month is on a Saturday, Sunday or Federal Holiday, the rate for this account is determined by the 1 Month Treasury Par Yield as published by the U.S. Department of the Treasury’s Daily Treasury Par Yield Curve Rates on the first business day after the 15th of the month. That published rate (which may be rounded to the nearest one-hundredth of one percentage point) is then applied to the Indexed Savings Account for the entire following calendar month. For example, when an account is opened in the month of June the rate in effect on the account will have been determined by the Daily Treasury Par Yield Curve Rate in effect on May 15th and that rate will be in effect for the entire month of June. The interest rate for the Indexed Savings Account will never go below 0.05%. Visit the U.S. Department of the Treasury’s Resource Center for information on Daily Treasury Par Yield Curve Rates. Fees may reduce earnings.

Routing Number: 011303084



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