Independence Day Closed

All StonehamBank offices will be closed on Friday, July 4th & Saturday, July 5th in observance of Independence Day. As always, our ATM's, Online and Mobile Banking will be available for your convenience. Wishing you a joyful and safe Independence Day. Enjoy the celebrations! 
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Tuesday, June 10, 2025
Stoneham, MA (June 2025) — For Malden High School students, asking the simple question: “What if?” resulted in some amazing products presented to StonehamBank sharks at the annual MHS Shark Tank program on May 28.

MHS student Kailey Bae won the competition with her business Unsewn - a sustainable fashion line - which impressed judges Vice President/Business Development Shawn Kelley, Vice President/Commercial Loan Officer Christopher Macomber and Assistant Vice President/Loan Systems Administrator Rob Berkovitz.
“Malden High School is deeply grateful to StonehamBank for their invaluable support of Malden High School's business students,” noted MHS Business Teacher Kelle Griffin. “By serving as judges in our Shark Tank pitch competition, their executive team offered students not only encouragement but also constructive feedback that challenged them to think critically and refine their business models. The generous $250 award provided by StonehamBank is more than just a prize--it is an investment in the next generation of entrepreneurs and a powerful motivator for teens to pursue their creative visions with confidence. Thank you, StonehamBank, for helping inspire our future business leaders!” 

In addition to the winning project, proposals included a one-stop shopping app for all things dorm room, a food photography program, a taxi cab service and a pet transportation service.

“It was amazing to see the creativity of the participants in today's shark tank program at Malden High School,” noted Berkovitz. “These students had really great ideas for future businesses. I hope they are all successful in whatever their goals are after high school, and that they continue to grow their skills in entrepreneurship and business.”

About StonehamBank
StonehamBank is a full-service community bank offering state-of-the-art products and services to residents and businesses throughout eastern Massachusetts and southern New Hampshire. With over 138 years of banking experience, StonehamBank provides progressive products and convenience services, and believes in making a difference in the community through its Community Involvement Program and Charitable Foundation. Member DIF. FDIC-Insured - Backed by the full faith and credit of the U.S. Government. Equal Housing Lender. For more information on StonehamBank, please visit www.stonehambank.com or call directly at 888-402-2265. “We are Your Neighbors”
 

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