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Set your child up for a healthy financial future by signing up for an Optimum Savings Account**! Open an Optimum Savings Account with your child in-person at one of our branch locations or with a Video Banking Specialist at between July 14th, 2021 and August 31st, 2021 and say “Penny” and we will match a deposit up to $50!

* Earn up to a $50 cash bonus when you open a new Optimum Savings Account with a $10 minimum opening deposit balance and complete the following requirements: (1) must be aged 5-11 years old at account opening; (2) Open account through in-branch and/or video banking. Offer not available to open an account online without a Video Banking Specialist; (3) You must not currently have a StonehamBank Optimum Savings Account or have had one in the last 12 months. Balance at account opening of $10 or more will be matched up to $50 and deposited within two business days of account opening. The primary account holder is solely responsible for any federal, state and local taxes, and must provide StonehamBank with a valid social security number or taxpayer identification number before the cash bonus will be provided. A form 1099-MISC will be issued to the primary account holder. Limit one bonus per customer. This offer may be withdrawn at any time. All other rules and regulations for savings accounts apply. Bonus not restricted to session attendees. StonehamBank employees are not eligible.

** The Optimum Savings Account has a 0.05% Annual Percentage Yield (APY). The APY is accurate as of 7/13/21. The rate is variable and may change after account opening and fees may reduce earnings. $10 minimum balance to open and earn APY. Certain restrictions may apply. No monthly maintenance fees. Interest credited at the end of each month. Offer open to Massachusetts and New Hampshire residents only and are subject to change without notice.