Receive a $130 Bonus* for opening an Optimum Free Checking Account!
We're celebrating 130 Years of Service and we’ve teamed up with Malcolm Mitchell to tackle financial literacy and give you 130 MORE Ways to score big this season!
Open an account online today!
For every Optimum Free Checking Account opened, StonehamBank will donate $10 to Malcolm’s Charity, “Share the Magic Foundation.”
Read with Malcolm is a youth literacy initiative founded in 2015 by former college football wide-receiver and current pro-football player, Malcolm Mitchell. The mission of Read with Malcolm is to transform the lives of young students through literacy. The organization’s goals are to introduce book ownership to students in households where reading is not a priority and to improve literacy in schools with below grade-level reading skills. In 2016, Read with Malcolm increased its impact by launching Share the Magic Foundation, a 501(c)(3) nonprofit organization. The mission of Share the Magic Foundation is to promote the long-term benefits of reading and book ownership among students in Title I schools and underserved communities.
*Checking offer is not available to existing StonehamBank checking customers. To receive the $130 checking bonus: 1) Open a new Optimum Free Checking Account, which is subject to approval; 2) Deposit $10 or more at account opening; 3) Have your direct deposit made to this account within 90 days of account opening, AND 4) Account must be opened for 90 days. Your direct deposit needs to be an electronic deposit of your paycheck, pension or government benefits (such as Social Security) from your employer or the government. After you have completed all the above checking requirements, we’ll deposit the bonus in your new account within a month following your account being open for 90 days. The value of the credit is $130.00 and will be reported as interest on IRS Form 1099-INT. Offer is valid as of 9/10/2017 through 1/31/2018, and may be withdrawn at any time. The Optimum Free Checking Account offer cannot be combined with any other offer. All other rules and regulations for checking accounts apply. This offer is available through our online account opening and branches. You must be at least 18 years old or older to open this account.