StonehamBank announces Recent Officer Appointments

Please vote on June 25th & Notice of Petition

The Bank will be conducting a Special Meeting of Depositors for the purpose of reorganizing from a Mutual Co-operative Bank to a Mutual Holding Company structure.The meeting will be held on: Thursday, June 25, 2026 at 8:30am at the Marriott Courtyard Unicorn Park 700 Unicorn Park Drive Woburn, MA 0180. The polls will remain open until 5:30pm. READ MORE

StonehamBank has filed a petition with the Commonwealth of Massachusetts Division of Banks seeking approval to reorganize the Bank into a mutual holding company structure. LEARN MORE

We're excited to announce our new branch opening at 25 Main Street - North Reading.
READ ANNOUNCEMENT

Wednesday, June 5, 2024

Stoneham, MA (JUN 2024) – At StonehamBank’s May Board of Directors meeting, the Directors approved new officer titles for several StonehamBank employees.

Executive Vice President/CFO Nancy Coyle was appointed Treasurer. Newly appointed Assistant Treasurers were Learning & Development Manager Laura Aburas and Credit Analyst Julia Maloney. Ms. Coyle is a distinguished financial leader with 35+ years of expertise and is a resident of North Reading. Ms. Aburas, a resident of Gloucester, joined the Bank in 2021 and collaborates with employees on training and development. Ms. Maloney has served as a Credit Analyst since she also joined the Bank in 2021 and resides in Burlington.

“Nancy, Laura and Julia have demonstrated their commitment to our team and to the communities we serve and in which they live through their team-focused work ethic,” commented CEO/President Edward F. Doherty, Jr. “The Bank continues to grow and be strong because of their individual and collective efforts and I am grateful to the Board of Directors for their approval of these team members to their new roles.”

“We differentiate ourselves to our customers by prioritizing people over transactions in everything we do,” he continued. “And, we pride ourselves on exceptional service and could not deliver on this promise without the commitment of our talented employees. We strive to create a positive work environment for our team and to provide ongoing opportunities for professional growth and development which we believe is key to everyone’s success.”

StonehamBank continues to seek out individuals looking for a new, exciting and rewarding career. For more information, visit https://www.stonehambank.com/about/careers.

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. In addition to providing progressive products and convenience services, StonehamBank believes in making a difference in the community through its Community Involvement Program and Charitable Foundation. Member FDIC. Member DIF. Equal Housing Lender. For more information on StonehamBank, please visit www.stonehambank.com or call directly at 888-402-2265.