CAMBRIDGE SAVINGS BANK

Cambridge Savings Bank Earns Investment Grade Rating by Kroll Bond Rating Agency

Retrieved on: 
Thursday, March 24, 2022
Banking, Professional Services, Finance, Risk, Equal housing lender, Trust, EVP, Investment, Longevity, Greater Boston, Savings bank, Research, East Cambridge Savings Bank, Risk management, CSB, View, Quality of life, KBRA, LLC, BBB, Small business, FDIC, History, Security (finance), Online shopping, Bank, K2, KROLL BOND RATING AGENCY, INC, CAMBRIDGE SAVINGS BANK

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that it has received an investment grade rating from Kroll Bond Rating Agency (KBRA), a global full-service rating agency.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced that it has received an investment grade rating from Kroll Bond Rating Agency (KBRA), a global full-service rating agency.
  • CSB earned a Deposit rating of BBB+, Senior Unsecured Debt rating of BBB+, Subordinated Debt rating of BBB, Short-Term Deposit rating of K2 and Short-Term Debt rating of K2.
  • Receiving an investment grade rating from KBRA affirms the success of our strategic direction and high-touch relationship banking model, said Michael Gilles , EVP and Chief Operating Officer at CSB.
  • About Kroll Bond Rating Agency, Inc
    Kroll Bond Rating Agency, LLC and its affiliates (KBRA) is a global full-service rating agency with a mission to set a standard of excellence and integrity.

Cambridge Housing Authority, Caritas Communities Work with Cambridge Savings Bank to Support Programs Focused on Combatting Homelessness in Boston

Retrieved on: 
Thursday, March 3, 2022
Residential Building & Real Estate, Banking, Construction & Property, Professional Services, Philanthropy, Women, Other Philanthropy, Men, Family, Consumer, Finance, Small business, Public housing, Trauma, CHA, FSS, Policy, Income, Quality of life, CSB, Organization, Board of directors, East Cambridge Savings Bank, COMPASS, Savings bank, Board, Equal housing lender, Greater Boston, Poverty, Homelessness, Caritas Communications, Caritas, Housing, HCV, Partnership, FDIC, Property management, Bank, Restaurant, Cambridge Savings Bank, Cambridge Housing Authority, Caritas Communities, CAMBRIDGE SAVINGS BANK, CAMBRIDGE HOUSING AUTHORITY, CARITAS COMMUNITIES

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced its financial support for two organizations fighting back against homelessness in the Boston area: Cambridge Housing Authority (CHA) and Caritas Communities .

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced its financial support for two organizations fighting back against homelessness in the Boston area: Cambridge Housing Authority (CHA) and Caritas Communities .
  • To help CHA finance 52 units of affordable housing in Cambridge, CSBs Corporate Banking team developed a customized lending package.
  • We are proud to partner with a bank that has such a devoted passion for giving back to the community.
  • Cambridge Housing Authority (CHA) provides long-term rental housing and rental assistance to more than 5,500+ low-income families, elders and disabled individuals through its Public Housing and Housing Choice Voucher (HCV) Programs.

Cambridge Savings Bank Provides TransCOR Information Technologies With Custom Lending Solution to Complete Business Succession Plan

Retrieved on: 
Tuesday, February 8, 2022
Professional Services, Technology, Other Technology, Mobile, Wireless, Finance, Banking, Pressure, Trade Services Utility, Small business, Government, Growth, Small Business Association of Michigan, Treasury management, Panasonic, Acquisition, Solution, SVP, Savings bank, Leadership, Modem, Quality of life, Efficiency, Commercial, CSB, Safety, Rain, Â, SBA, Goal, Altitude, Dust, Public sector banks in India, Information, FDIC, East Cambridge Savings Bank, Bank, Satellite navigation device, Cambridge Savings Bank, TransCOR Information Technologies, CAMBRIDGE SAVINGS BANK, TRANSCOR INFORMATION TECHNOLOGIES

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a lending package to facilitate TransCOR Information Technologies business succession plan.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Commercial Lending team provided a lending package to facilitate TransCOR Information Technologies business succession plan.
  • While familiarizing themselves with TransCORs business needs, the CSB team identified areas of improvement for the company related to safety and security.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.
  • TransCOR Information Technologies is a technology solution company that develops and integrates custom rugged mobile computer solutions for reliable data retrieval, communications, and storage in extreme environments.

Cambridge Savings Bank Provides Auto Advance, LLC with $9 Million Revolving Line of Credit to Support Growth Initiatives

Retrieved on: 
Thursday, February 3, 2022
Finance, Banking, Professional Services, General Automotive, Automotive, Growth, Asset-based lending, Trade Services Utility, CEO, East Cambridge Savings Bank, Entrepreneurship, Small business, LLC, Â, CSB, Public sector banks in India, Treasury management, Ownership, Savings bank, Grand Theft Auto Advance, Senior, Industry, FDIC, Quality of life, Vinha, Solution, Bank, Insurance, Cambridge Savings Bank, Auto Advance LLC, CAMBRIDGE SAVINGS BANK, AUTO ADVANCE LLC

Auto Advance looks beyond credit scores in their underwriting by analyzing data through an efficient loan application process.

Key Points: 
  • Auto Advance looks beyond credit scores in their underwriting by analyzing data through an efficient loan application process.
  • After buying out his partner, Vinha needed a financial institution to support the companys growth initiatives.
  • What has impressed me the most about Cambridge Savings Bank is the personal approach they used to help us meet our business goals, said Vinha.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.

Cambridge Savings Bank Offers Innovative Lending Solutions to Support LAB Medical’s Out-of-Market Expansion

Retrieved on: 
Thursday, December 2, 2021
Finance, Banking, Other Construction & Property, Professional Services, Construction & Property, FDIC, CEO, East Cambridge Savings Bank, Bank, PPP, Â, Time, Acquisition, Goal, Quality of life, LAB, Trade Services Utility, CSB, Public sector banks in India, Small business, Treasury management, Engineering, Savings bank, Growth, Risk management, Cambridge Savings Bank, LAB Medical Manufacturing, Inc., CAMBRIDGE SAVINGS BANK, LAB MEDICAL MANUFACTURING, INC.

Headquartered in Billerica, Massachusetts, LAB Medical is a device manufacturer that produces precision surgical equipment for multibillion dollar organizations.

Key Points: 
  • Headquartered in Billerica, Massachusetts, LAB Medical is a device manufacturer that produces precision surgical equipment for multibillion dollar organizations.
  • Starting with a PPP loan, CSB found innovative lending solutions for LAB Medical to help them finance their expansion.
  • Over the years, Cambridge Savings Bank has honored their relationship-centric approach and commitment to us time and time again through expert guidance, creative financial solutions and unwavering support.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.

Cambridge Savings Bank Provides GWA Auto Parts with $4M Credit Facility to Solve Inventory and Distribution Challenges

Retrieved on: 
Tuesday, November 23, 2021
Professional Services, Aftermarket, Automotive, Automotive Manufacturing, Manufacturing, Finance, Banking, Ford Motor Company, Senior, FDIC, Domestic, East Cambridge Savings Bank, Volkswagen, JMH, Mitsubishi, Solution, GWA, BMW, Trade Services Utility, CSB, Kia, Organization, Public sector banks in India, Dodge, Hyundai, Small business, Treasury management, Savings bank, Growth, Quality of life, Bank, Cambridge Savings Bank, GWA Auto Parts, JMH Capital Partners, CAMBRIDGE SAVINGS BANK, GWA AUTO PARTS, JMH CAPITAL PARTNERS

Cambridge Savings Bank has supported our efforts to expand GWAs business from the get-go.

Key Points: 
  • Cambridge Savings Bank has supported our efforts to expand GWAs business from the get-go.
  • We are honored that JMH Capital trusted Cambridge Savings Bank to build tailored lending solutions that accelerate GWA Auto Parts future growth, said John Bobbin , Senior Asset-Based Lending Officer at CSB.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.
  • GWA Auto Parts manufacturers and distributes high-quality replacement parts for Domestic, European, and Import vehicles including Chevrolet, Dodge, Ford, BMW, Volkswagen, Audi, Porsche, Kia, Hyundai, Subaru, Mitsubishi and more.

Cambridge Savings Bank’s Asset-Based Lending Team Provides Medical Record Associates, LLC, with Growth Financing Package

Retrieved on: 
Tuesday, November 2, 2021
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach, announced that its Asset-Based Lending team has closed a custom financing package for Medical Record Associates, LLC (MRA), a leading provider of medical coding, auditing and cancer registry services.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach, announced that its Asset-Based Lending team has closed a custom financing package for Medical Record Associates, LLC (MRA), a leading provider of medical coding, auditing and cancer registry services.
  • The process led to MRA landing on CSB due to the banks commitment to understanding their unique needs and the experience of their ABL team.
  • After our extensive due diligence process to find the right banking partner, it became clear that Cambridge Savings Bank was the right fit, said Charlie Saponaro , CEO of Medical Record Associates.
  • The team has worked with us in a straightforward and efficient way to find the right financing package to power our expansion pursuits.

Cambridge Savings Bank Fuels Growth for Noreast Outdoorz with Revolving Line of Credit

Retrieved on: 
Tuesday, October 26, 2021
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach, announced that its Asset-Based Lending team provided a revolving line of credit to Noreast Outdoorz, LLC, an outdoor sporting and recreational equipment supplier based in Pocasset, Massachusetts.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach, announced that its Asset-Based Lending team provided a revolving line of credit to Noreast Outdoorz, LLC, an outdoor sporting and recreational equipment supplier based in Pocasset, Massachusetts.
  • With a strong presence in the Northeast, Noreast Outdoorz is solely focused on designing high-quality products for outdoor activities.
  • After several months of searching for a banking partner, Im excited to have found Cambridge Savings Bank, said Dan Roy, President at Noreast Outdoorz, LLC.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.

Cambridge Savings Bank Introduces Money Management - A Tool for Consumers to Improve Their Financial Well-Being

Retrieved on: 
Wednesday, October 6, 2021
Other Consumer, Technology, Mobile, Wireless, Finance, Banking, Professional Services, Internet, Consumer, Data Management, Online, Mobile banking, Partnership, Money Management, CSB, Income, FDIC, Hedera, Twitter, Savings bank, City, APR, East Cambridge Savings Bank, Small business, MX, Quality of life, Budget, Digital banking, Cryptocurrency, Online shopping, Bank, Cambridge Savings Bank, Ivy Bank, MX, CAMBRIDGE SAVINGS BANK, IVY BANK, MX

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, unveiled its personal finance visualization tool, Money Management , to add to the suite of digital, user-friendly resources available to CSB and Ivy Bank customers.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, unveiled its personal finance visualization tool, Money Management , to add to the suite of digital, user-friendly resources available to CSB and Ivy Bank customers.
  • CSB introduced its Money Management tool, in partnership with MX , as a response to Americans concerns about their financial health.
  • The bank also offers resources that provide digital financial education and fraud prevention best practices .
  • Ivy Bank is a digital-only division of Cambridge Savings Bank , a well-established community bank that has been helping customers improve their financial well-being since 1834 throughout the Greater Boston area.

Cambridge Savings Bank Fuels The Ockers Company’s Growth With $8 Million Credit Facility

Retrieved on: 
Thursday, September 23, 2021
Professional Services, Technology, Other Technology, Software, Finance, Banking, Hardware, Goal, Partnership, CSB, Solution, Public sector banks in India, Trade Services Utility, Senior, CEO, Acquisition, Communication, Savings bank, Growth, East Cambridge Savings Bank, Small business, Technology, Quality of life, Treasury management, Bank, Cambridge Savings Bank, The Ockers Company, CAMBRIDGE SAVINGS BANK, THE OCKERS COMPANY

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has extended an $8 million credit facility to The Ockers Company , an information and communications technology reseller located in Brockton, Massachusetts.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team has extended an $8 million credit facility to The Ockers Company , an information and communications technology reseller located in Brockton, Massachusetts.
  • From the moment we were introduced to Cambridge Savings Bank, their attentiveness and dedication to our Companys vision made it clear that this would be a successful partnership, said Jay Houser , President and CEO of The Ockers Company.
  • Cambridge Savings Bank is the bank you can trust to provide customized services to meet your business needs.
  • Cambridge Savings Bank is a full-service banking institution with over $5 billion in assets.