SCAM ALERT

We have been made aware of a recent scam where customers are receiving texts and calls from scammers claiming to be StonehamBank. Scammers are sending fake StonehamBank text 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.
 
Locations

Business Savings

Effective as of 2/8/2023

Interest RateAnnual Percentage Yield (APY)Minimum Balance to Open & Earn APY
0.05%0.05%$10.00
APY=Annual Percentage Yield

Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

Business Money Market

Effective as of 2/8/2023

BalanceInterest RateAnnual Percentage Yield (APY)
$0 - $9.990.00%0.00%
$10.00 - $24,999.990.05%0.05%
$25,000 - $99,999.990.10%0.10%
$100,000.00 - $499,999.990.15%0.15%
$500,000.00 and above0.20%0.20%

APY=Annual Percentage Yield

Minimum balance to open and earn APY is $10.00.



 

Business Certificate of Deposit

Effective as of 2/8/2023

TermInterest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
6 months0.35%0.35%$1,000.00
9 months4.17%4.25%$1,000.00
12 months0.35%0.35%$1,000.00
18 months4.17%4.25%$1,000.00
24 months0.55%0.55%$1,000.00
36 months4.17%4.25%$1,000.00
48 months0.80%0.80%$1,000.00
60 months1.00%1.00%$1,000.00

APY=Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change without notice.



 

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