Your safety and peace of mind are important to us

Coronavirus (COVID-19) related updates

First and foremost, we send our best wishes for good health to you, your families and your loved ones. The issues arising from the Coronavirus pandemic are constantly changing and the Cambridge Trust team is working continuously to provide clients the guidance and support they need during this challenging time. Check back often to stay informed of important updates.

An Update from our
Chairman & CEO
and our President

April 24, 2020 – In our most recent update, Cambridge Trust’s Chairman & CEO, Denis Sheahan, and our President, Mark Thompson, share what actions we are taking to support our clients and communities during this challenging time. Read More...

Business Banking


CARES Act and the Paycheck Protection Program (PPP)

April 27, 2020. Cambridge Trust will resume submitting previously completed applications to the SBA for approval beginning April 27, 2020. Unfortunately, we are unable to accept any new applications, as our teams are working diligently to process clients’ existing completed applications with the SBA. Read More...

April 20, 2020 -  When a PPP loan is funded, it is the responsibility of the borrower to track the expenditures associated with the funds to ensure they qualify for the loan forgiveness. We have compiled a list of resources for consideration. Read More...

Private Banking


IMPORTANT BANKING SERVICE UPDATES FOR OUR CLIENTS

August 31, 2020 – All of our banking offices in both Massachusetts and New Hampshire will resume normal business banking hours with some exceptions.  Recent guidance from the state and our medical community has recommended new engagement practices for client interactions to mitigate the risk associated with COVID-19. Read more…

ONLINE BANKING

DIGITAL BANKING SERVICES - If you have not yet enrolled in our digital banking services, we encourage you to do so. Pay bills, deposit checks, access account information anytime, anywhere

Enroll in Consumer Online Banking  Enroll in Business Online Banking

MOBILE BANKING APP - Download the Cambridge Trust Mobile Banking App, found on the Apple App Store or Google Play Store:

 

Wealth Management


IMPORTANT UPDATES FROM OUR WEALTH MANAGEMENT TEAM

June 23, 2020 - Today the IRS announced its issuance of Notice 2020-51 in news release N-2020-51. In Notice 2020-51, the IRS provides rollover relief for RMDs already received in 2020. There is relief for both retirement plans and IRAs. Read More...

April 17, 2020 – David Lynch, Chief Investment Officer, provides our 1Q2020 economic and market review an outlook. Read More...

April 6, 2020 - Jennifer Pline, CFA, Head of Wealth Management; David Lynch, CFA, Chief Investment Officer; and David Strachan, Director of Relationship Management, together with our equity, fixed income and economic experts, shared their current thinking on COVID-19 impact on the economy and financial markets and more. Listen Here.

March 27, 2020 - President Trump signed the CARES Act into law. This financial package includes a few provisions that affect retirement plans. Read More...

Financial Strength
and Stability

Cambridge Trust has a 130-year history of financial strength and stability. The Bank is conservatively managed, and we are well prepared for a challenging economic environment. Our balance sheet is safe and sound with excellent asset quality, strong capital levels and liquidity. Read More

We are here to help

If you or your business experience a hardship during these uncertain times, please contact your local banking office, Client Advisor, Private Banker or our Client Resource Center at 617-441-1444 or 844-251-4244. More details

Additional Resources

We can’t stress enough the importance of following guidelines from the Centers for Disease Control and Prevention (CDC) about washing hands, avoiding person-to-person contact, keeping your hands away from your face, and limiting exposure to large groups of people. Please read and follow these guidelines to the best of your ability.