All deposits are fully insured at StonehamBank through both FDIC and DIF.   

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). The combination of FDIC and DIF insurance provides customers of our bank with full deposit insurance on all their deposit accounts. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. Please Click Here to view our 2022 Annual Report. 

Tuesday, June 8, 2021

Stoneham, MA (June 8, 2021) — StonehamBank recently teamed up with Boston-based private chef, culinary instructor, author and host of From Scratch, Chef Joe Gatto for a Zoom event. At this free community virtual event Chef Gatto demonstrated to community members how to make pasta from scratch with ingredients found right in their own pantry. As a thank you to Chef Gatto for his participation in the event StonehamBank made a $250 donation to First Church Stoneham Food Pantry and Billerica Community Pantry, $500 in total.

StonehamBank supports the economic well-being of the local communities it serves; and up to 10% of the Bank’s profits go to worthwhile causes that benefit people in those communities.

"Access to food is a vital issue and one that all of us need to address. We can do that by supporting organizations like First Church Stoneham Food Pantry and Billerica Community Pantry that, provide healthy meals to families every day," said Edward F. Doherty, Jr., Chief Executive Officer StonehamBank.

“Food is what brings us together,” said Chef Joe Gatto. “Teaming up with StonehamBank and being able to give back to put healthy meals on tables is what community is.”

If you would like to support those in the community who might be struggling, check out First Church Stoneham Food Pantry and Billerica Community Pantry for the most needed items and give today.

To learn more about giving back at StonehamBank, visit:


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 or call directly at 888-402-2265.


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