We have beenmade aware of a recent scam where customers are receiving texts and calls from scammers claiming to be StonehamBank. Scammers are sending fake StonehamBanktext messages and/or calls to trick you into providing your personal information in attempt to access your financial accounts or services. If you receive an email, text, call or social media message from someone claiming to be from StonehamBank and you have any concerns about the validity, please contact us immediately.
$10 minimum balance to open and earn Annual Percentage Yield (APY)
No monthly maintenance fee2
Receive a monthly statement
1 Transaction Limitations: You will be permitted to make no more than 6 combined pre-authorized, automatic, check or telephone transfers per statement cycle from your Money Market account to another account or third party. If you exceed these restrictions, we may assess an excess fee.
2 For a full explanation of our fees, please refer to our Fee Schedule.
Annual Percentage Yield (APY)
$10.00 and above
APY = Annual Percentage Yield
An Optimum Plus or Optimum One Checking Account is required to be eligible to open this account. Minimum balance to open and earn APY is $10.00.
Fees may reduce earnings. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply.