“The Coronavirus is creating a lot of anxiety and concern,” said Denis Sheahan, Chairman and CEO of Cambridge Trust. “While our first priority is the health and peace of mind of our clients, communities and employees, we are working on a one-to-one basis to help individuals, families and businesses deal with today’s unexpected financial challenges.”
As the COVID-19 crisis evolves, Cambridge Trust is taking the following steps to provide support to any client experiencing a hardship during this uncertain time.
For Banking Clients:
For Consumer Loan Clients:
For Business and Commercial Banking Clients:
For Wealth Management Clients:
The Cambridge Trust investment team is closely monitoring the economy and financial markets and continues to actively manage clients’ portfolios through the current volatility. Clients are urged to reach out to their Relationship Manager directly with any questions or concerns.
In addition to the 269 organizations the Bank supports through its annual charitable giving, Cambridge Trust is donating an additional $250,000 to organizations supporting those most impacted by COVID-19.
Cambridge Trust is taking every precaution to protect the health and safety of its employees, while continuing to provide uninterrupted service to clients. Efforts include:
Cambridge Trust will continue to update clients about how it is adapting operations. For the latest information about drive-up window service, banking office access, remote banking and more, visit CambridgeTrust.com/COVID19, or call the Client Resource Center at 1-844-251-4244.
For 130 years, individuals, families and businesses have relied on Cambridge Trust for sound financial advice and to always act in their best interest. Today, the Cambridge Trust team remain accessible and continue to provide all private banking and wealth management services without disruption.
About Cambridge Trust
Cambridge Trust is a 130-year-old Massachusetts chartered commercial bank with approximately $2.9 billion in banking assets, as of December 31, 2019, and a total of 16 banking offices in Massachusetts and New Hampshire. Cambridge Trust is one of New England’s leaders in private banking and wealth management with $3.5 billion in client assets under management and administration as of December 31, 2019. The Wealth Management group maintains offices in Boston, Massachusetts; and Concord, Manchester, and Portsmouth, New Hampshire.