Cambridge Bancorp (OTCBB: CATC) and its subsidiary, Cambridge Trust Company, announced the opening of their new Wealth Management office in Portsmouth, New Hampshire. The office is located at One Harbour Place and opened on September 30. The office in Exeter, New Hampshire has closed and all Exeter employees relocated to the Portsmouth office.

“Over the last few years we have experienced growth all around –in our client group, in assets under management, and in our employees,” said Michael Duca, executive vice president of wealth management at Cambridge Trust Company. “We looked into many Seacoast locations and felt that being in Portsmouth, the area’s hub, was most appropriate as we prepare for continued expansion throughout Northern New England.”

The new location houses an art gallery and other professional services businesses, offers ample parking, and is easily accessible to the Seacoast region. “The prime location and updated amenities of our new office will enable us to better serve our wealth management clients, while still providing the personal service to which they are accustomed,” said Mr. Duca.

About Cambridge Trust Company of New Hampshire

Cambridge Trust Company of New Hampshire, a division of Cambridge Trust Company offers wealth management services at two New Hampshire locations, Concord and Portsmouth. Cambridge Bancorp and its subsidiary, Cambridge Trust Company, are one of New England’s leaders in wealth management, with 121 years of experience and $1.5 billion in assets under management. For more information, please visit

Copyright Business Wire 2010

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