For more details on our personal checking accounts, please refer to our checking disclosures.
You must live or work in Massachusetts.
*What you'll need to apply
-Social Security Number
-You must be 18 or older
-Opening Deposit – fund from your account with another bank or debit card
-If you have taken any precautions with Equifax, TransUnion, Experian, or ChexSystems to protect yourself from identity theft, these precautions will need to be temporarily removed so we can run the necessary verifications to evaluate your application. This inquiry does not impact your credit score. Please note for ChexSystems Consumer Report, you may need to allow 2 business days for your removal request to be processed before submitting your application
1Dorchester Savings Special has a 3.50% Annual Percentage Yield (APY). APY is accurate as of 6/1/2025. Rate is variable and may change after the account is opened and fees may reduce earnings. Accounts must be opened between 3/1/2025 through 8/31/25. Offer may be withdrawn at any time. Can not be combined with any other offers. $1 minimum to open an account. $10 Minimum balance required to earn the APY. New accounts must be opened at CSB’s Dorchester branch or online through designated link. New accounts must be opened with new funds not previously on deposit at CSB. All other rules and regulations for Simple Savings Account apply. Please refer to CSB Understanding Your Deposit Account for Personal Accounts Handbook, Personal Account Fee Schedule, and Personal Account Addendum for account details.
Dorchester Consumer Checking Offer – Receive $3002 when you open a New Personal Checking Account and meet requirements:
2 Receive a $300 credit to your account when you open a new Personal Checking Account with a $10 minimum opening deposit between 6/1/25 and 8/31/25 and complete the following two requirements: (1) Receive cumulative monthly direct deposits totaling $1,000 or more within each of the first three full calendar months following the date the new account is open and funded. For example, a qualifying account type opened and funded during the month of June must complete the requirements in the months of July, August, and September to qualify for the credit. Qualifying direct deposits are electronic deposits of your paycheck, pension, or government benefits from your employer or the government. Person-to-person and bank transfers between your Cambridge Savings Bank accounts or accounts you have at other financial institutions do not qualify. (2) You must not currently have a Cambridge Savings Bank personal checking account or have had one in the last 12 months. The new account funding must be completed by 8/31/25. A credit will be made to your checking account within 30 days of completing requirements as long as qualification conditions are met, and the account remains open in good standing. The Performance Plus Checking Account has a 0.10% Annual Percentage Yield (APY). APY is accurate as of 6/1/25. Rate is variable and may change after account opening and fees may reduce earnings. Minimum balance to obtain the APY is $10. No minimum balance is required to receive the credit. The value of the credit will be reported to the IRS as interest. Limit one account credit per household. Offer cannot be combined with any other offers. Offer is subject to change and can be withdrawn at any time. All other rules and regulations for checking accounts apply. Please refer to CSB Understanding Your Deposit Account for Personal Accounts Handbook, Personal Account Fee Schedule, and Personal Account Rate Sheet for account details.
Not all of our checking accounts offer ATM surcharge refunds. Please review the Truth in Savings Disclosure section of the Understanding your Deposit Account Handbook for ATM surcharge refund details.
Performance Plus
3Monthly maintenance service charge of $20 waived if average monthly combined deposit balances, and consumer loan balances, excluding mortgage balances, are $10,000 or greater.
4Please note when traveling abroad you must submit all ATM receipts for refunds.
5Subject to credit approval. Annual fee waiver on Home Equity and Overdraft Lines of Credit. The Annual Percentage Rate on Overdraft Lines of Credit is 18% as of 6/12/2025.
6Eligible for bonus rate tier on High-Yield Money Market Account on balances of $250,000 or greater.
7The Annual Percentage Yield (APY) is accurate as of 6/12/2025. This is a variable rate account and rates may change after account is opened. Fees may reduce earnings.
Performance
8Monthly maintenance service charge of $10 waived if the average monthly balance in your checking account is $1,000 or greater, or if your average monthly combined deposit balances in checking, savings, money market, CD and IRA balances are $2,500 or greater.
9Please note when traveling abroad you must submit all ATM receipts for refunds.
10Subject to credit approval. Overdraft Line of Credit Annual Fee $15 vs. $25. The Annual Percentage Rate on Overdraft Lines of Credit is 18% as of 6/12/2025.
