Wednesday, October 29, 2025
Stoneham, MA (November 2025) – StonehamBank has proudly donated $20,000 to North Shore Community Development Coalition (Northshore CDC), reinforcing its commitment to community investment and social impact.
“Our donation reflects StonehamBank’s ongoing dedication to empowering local organizations that make a meaningful difference in the lives of residents,” noted CEO/President Edward F. Doherty, Jr. “It will allow the Northshore CDC to create affordable housing, foster economic opportunity, and promote vibrant neighborhoods across the North Shore.”
Mr. Doherty made the presentation to North Shore CDC’s Director of Development Ashley Ganem recently at the Bank’s Stoneham branch. He thanked Ms. Ganem and her organization for the incredible work they do daily to improve the lives of so many children and adults in many north shore communities.
He added that “the Bank shares the organization’s commitment to community and is excited to provide the means for them to serve the thousands of individuals with housing issues and youth development.”
For more information about North Shore CDC visit https://northshorecdc.org/
and for StonehamBank’s Community Reinvestment Act program, please visit www.stonehambank.com/about
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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