Scheduled Website Maintenance, 5.28 at 9AM

Our website will undergo maintenance on Wednesday, 5.28 at 9:00AM, which may cause temporary interuptions. We appreciate your  patience and understanding. 
FDIC logo

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Login to My Account
Locations
Login to My Account
FDIC logo

FDIC-Insured - Backed by the full faith and credit of the U.S. Government

Business Savings

Effective as of 5/17/2025

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 5/17/2025

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 5/17/2025

TermInterest RateAnnual Percentage Yield (APY)Minimum to Open & Earn APY
6 months0.35%0.35%$1,000.00
9 months3.93%4.00%$1,000.00
12 months0.35%0.35%$1,000.00
17 months - SPECIAL**3.45%3.50%$1,000.00
18 months2.96%3.00%$1,000.00
24 months3.20%3.25%$1,000.00
36 months3.20%3.25%$1,000.00
60 months3.20%3.25%$1,000.00
48 months3.20%3.25%$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.

** Annual Percentage Yield (APY) is effective as of 04/29/2025. Term deposit rate and APY are fixed for the duration of the term. The minimum balance to open an account and obtain the APY is $1,000. Your account will automatically renew at maturity. Account must be opened with new funds only, not currently deposited with StonehamBank. Please see Renewal Policies in your account disclosures provided to you at account opening for renewal term information. Once the account is opened, no additional funds can be deposited. You may withdraw your full balance including all accrued interest before the account reaches maturity. However, if you withdraw any funds within the first 6 days after opening the account (or within 6 days after any partial withdrawal during the initial term), a penalty equal to 7 days interest will be charged. If your account hasn’t earned enough interest to cover the penalty, we will first deduct all accrued interest and then take the remaining amount from your principal. Accounts can be opened online at www.stonehambank.com, in a branch or through video banking. Subject to change without notice. Fees may reduce earnings. Interest is compounded and credited monthly. Open to Massachusetts and Southern New Hampshire residents only.

 

Earn Rewards for Yourself and your Business