THE BOARD OF DIRECTORS OF STONEHAMBANK ANNOUNCED PROMOTIONS AT A RECENT BOARD MEETING

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.
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Wednesday, June 2, 2021

Stoneham, MA (June 2, 2021) — StonehamBank Chief Executive Officer Edward F. Doherty, Jr. recently announced the promotions of several bank employees, approved by the Bank’s Board of Directors at its May meeting.

The Board approved the promotion of the following: Kevin Marquis to Senior Vice President /Chief Credit Officer/Environmental Officer; and, Senior Vice President Darren Sawicki to Chief Operating Officer.

The Board also approved the promotion of the following individuals to Vice President: Michele Devir, Loan Administration Manager; Michelle Palmisano, Loan Servicing Manager; Quince Papanastassiou, Senior Loan Underwriter; Robert Rossignol, Senior Credit Analyst. And, the Board approved a promotion for Maria Cimina to Assistant Treasurer/Commercial Loan Administrator.

“We are proud to see the growth in leadership of these individuals during the COVID-19 pandemic,” noted Mr. Doherty. “These promotions signal the Bank’s resilience, strength, and a bright outlook for our future.”

To learn more about career opportunities at StonehamBank, visit: www.stonehambank.com

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.