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Learn more about our finances and what we've been up to in and around the community.
StonehamBank Announces New Directors
STONEHAM, MA (FEB 2024) – Chief Executive Officer/President Edward F. Doherty, Jr. recently announced the election of two individuals to the StonehamBank Board of Directors.
StonehamBank supports Mystic Valley Elder Services in 2024
Stoneham, MA (FEB 2024) – StonehamBank recently presented their annual donation to Mystic Valley Elder Services (MVES) to support programs this year.
StonehamBank welcomes CFO Nancy Coyle
Stoneham, MA (FEB 2024) – StonehamBank CEO/President Edward F. Doherty, Jr., recently announced that, after a brief hiatus, Nancy E. Coyle, CPA has returned to StonehamBank to lead the Finance team.
StonehamBank’s Simmons Completes ICBA Course
Stoneham, MA (NOV 2023) - StonehamBank is pleased to announce that Andrea Simmons, Vice President Compliance Officer at StonehamBank has successfully completed Community Banker University’s® Certified Community Bank Compliance Officer Certification Program and has earned the professional designation Certified Community Bank Compliance Officer - CCBCO. Community Banker University, the education division of the Independent Community Bankers of America®, offers nine certification programs, which are accredited by the National Association of State Boards of Accountancy (NASBA).
StonehamBank Joins ABA and Banks Across U.S. for #BanksNeverAskThat Anti-Phishing Campaign
Stoneham, MA (OCT 2023)- StonehamBank is partnering with the American Bankers Association and banks across the nation to promote an industry-wide campaign educating consumers about the persistent threat of phishing scams. The FTC estimates that consumers lost $8.8 billion to phishing and other fraud in 2022, an increase of more than 44% compared to 2021. To combat phishing, the award winning #BanksNeverAskThat campaign uses attention-grabbing humor and other engaging content to empower consumers to identify bogus bank communications asking for sensitive information like their passwords and social security numbers.
Banking Professional Shawn P. Kelley Joins StonehamBank Team
Stoneham, MA (JUL 2023) – StonehamBank’s CEO/President Edward F. Doherty, Jr. has announced that Shawn P. Kelley recently joined the StonehamBank team as a Vice President in the role of Branch Administrator/Business Development.
Important Update: Possible Temporary Traffic Light Installation
UPDATE 10/10
Possible Traffic Light Installation: On 10/10 and throughout the week, Eversource may install new traffic lights at our Stoneham Branch entrance. Please remember to yield in the direction of the flashing red arrow after coming to a complete stop. This traffic light will assist both our customers and team members when exiting the bank parking lot.
Possible Traffic Light Installation: On 10/10 and throughout the week, Eversource may install new traffic lights at our Stoneham Branch entrance. Please remember to yield in the direction of the flashing red arrow after coming to a complete stop. This traffic light will assist both our customers and team members when exiting the bank parking lot.
Important Update: Ongoing Culvert Project - Traffic Management Changes
We wanted to provide you with an update regarding the ongoing culvert project in the vicinity of our Montvale Branch. As part of our commitment to you we wanted to inform you that Eversource is progressing steadily with the culvert project. We want to inform you of some upcoming changes that will impact traffic in the area.
Important Notice for Stoneham Branch
We hope this message finds you well. We are reaching out to inform you about the next phase of the Montvale Avenue construction project that will have an impact on traffic near our Stoneham location.
Starting on Monday August 7th, the town of Stoneham will be undertaking a culvert construction project aimed at improving the local infrastructure. Please know that project timelines may change at any time. We will keep you informed as updates are available.
StonehamBank receives New England Financial Marketing Association Awards
Stoneham, MA (JUL 2023) –CEO/President Edward F. Doherty, Jr. has announced that StonehamBank received two awards at the recent New England Financial Marketing Association’s (NEFMA) Annual Awards Dinner.
StonehamBank’s Greg D’Antona earns CRA certification
Stoneham, MA (JUN 2023) – StonehamBank CEO/President Edward F. Doherty, Jr. recently announced that Senior Vice President/Chief Risk/CRA Officer Gregory M. D’Antona has successfully earned the designation of Community Reinvestment Act (CRA) Certified Professional through the CRAtoday training program.
StonehamBank CEO Elected President
Stoneham, MA (JUN 2023) – At StonehamBank’s Annual Meeting held on Thursday, May 11, 2023, CEO Edward Doherty received the additional title of President.
StonehamBank Announces Recent Officer Appointments
Stoneham, MA (JUN 2023) – On May 11, 2023, StonehamBank’s Board of Directors approved new officer titles for a number of StonehamBank employees.
StonehamBank Partners with Think of Michael Foundation for Trivia Night
Stoneham, MA (APR 2023) – StonehamBank recently signed on as a Presenting Sponsor for the 4th Annual Think of Michael Trivia Night, planned for Friday, May 19 at Four Points by Sheraton in Wakefield.
StonehamBank Provides Financial Literacy Resources to Local Students and Community
Stoneham (Mar 2023) -- StonehamBank is excited to announce a new financial literacy education program to students and residents in Essex, Middlesex and Suffolk counties. Students at 11 schools and the surrounding communities have free access to Banzai, an award-winning online program and content library that allows users to practice real-world finance from their home or classroom using any internet-enabled device. At a time when a solid foundation of practical financial knowledge is critical, these resources will make a huge impact on users.
StonehamBank Hosts Social Security Seminar March 22
Stoneham, MA (Mar 2023) – What are your dreams for retirement? Second home in a warmer climate? Traveling the world? Volunteering and donating to community non-profits? Taking classes at the senior center? Whatever your plans and however you’ve planned financially, your social security benefits will be an important part of your monthly budget.
STONEHAMBANK PARTICIPATES IN AMERICA SAVES WEEK 2023
(Stoneham, MA ) – StonehamBank is a proud participant in America Saves Week (Feb 27 to Mar 3, 2023), an annual national campaign that encourages individuals and families to check-in on their finances by highlighting several key areas that contribute to financial stability; such as saving automatically, preparing for unexpected expenses, retirement, and reducing debt.
StonehamBank partners with Community Service Network
Stoneham, MA (January 2023) – StonehamBank CEO Edward F. Doherty, Jr. recently announced a donation to support the Community Service Network (CSN), a Stoneham-based agency that has served the communities of Burlington, Lexington, Melrose, North Reading, Ready, Stoneham, Wakefield, Wilmington, Winchester and Woburn for over thirty years.
STONEHAMBANK IS PROUD TO PARTNER WITH THE STONEHAM COALITION FOR A SAFE AND HEALTHY COMMUNITY FOR THE STONEHAM RECOVERY FEST 2022!
Stoneham, MA – StonehamBank is proud to partner with local organizations, Hope for Boston’s Homeless and the Stoneham Coalition for a Safe and Healthy Community for the Stoneham Recovery Fest! 2022, set for this Saturday, September 24 from 4 to 7 pm on the Stoneham Town Common.
STONEHAMBANK HOSTS SHRED DAY/FOOD DRIVE APRIL 30
STONEHAM, MA (April 2022) – StonehamBank will again host Shred Day at both its 80 Montvale Avenue, Stoneham and 493 Boston Road, Billerica branches on Saturday, April 30, 2022 from 9 am to 1 pm.
STONEHAMBANK CUSTOMERS SUPPORT BUY A BED
STONEHAM, MA (March 18, 2022) – StonehamBank CEO Edward F. Doherty, Jr. recently announced a donation to the Reading-based Mission of Deeds to support the organization’s annual Buy a Bed campaign.
STONEHAMBANK PRESENTS “CHECK” FOR SHS CHESS CLUB
STONEHAM, MA (February 24, 2022) – StonehamBank’s Steven Clemens, Montvale Branch Bank Specialist, recently presented a donation to the Stoneham High School Chess Club. In its request to the Bank, the students explained that they were in need of additional chess sets and timers for an upcoming tournament. The request noted that students regularly play Chess in the school library before school starts and the Club anticipated a large number of players for the event.
STONEHAMBANK MARK 135TH BIRTHDAY
STONEHAM, MA (January 10, 2022) – With balloons, cookies and giveaways, StonehamBank marked its 135th Birthday on Monday, January 10 at both the Montvale and Billerica branches.
STONEHAMBANK WELCOMES NEW MORTGAGE OFFICER
STONEHAM, MA (January 4, 2021) – CEO Edward F. Doherty Jr. and Senior Vice President/CRLO Shane Bellavance are excited to announce that Assistant Vice President/Senior Mortgage Loan Officer Sahag Kavlakian recently joined the StonehamBank residential lending team.
HELP STONEHAMBANK MAKE THE HOLIDAYS HAPPIER!
STONEHAM, MA (December 2021) – As our neighbors and friends prepare for this holiday season, we know that there are some folks who might appreciate a helping hand to ensure that their families have reason to celebrate.
LOCAL HEROES HONORED AT STONEHAM’S 2021 FIELD OF HONOR
STONEHAM, MA (November 16, 2021) – As a sponsor of the 2021 Field of Honor, StonehamBank was offered the opportunity to honor a number of local first responders with flags celebrating their military service and their service to the community.
SANTA CLAUS IS COMING TO STONEHAMBANK!
STONEHAM, MA (November 15, 2021) – He’s making a list and checking it twice….and everyone wants to be on Santa’s list! Again this year, StonehamBank will host visits with Santa Claus at our Montvale Avenue Drive-Thru window on Sunday, November 28, 2021, from 2 to 4 PM. Children can bring their lists to give to Santa and have an “in person” chat with him through our drive up teller window.
GET THOSE LISTS READY! STONEHAMBANK SHARES A DIRECT LINE TO SANTA CLAUS!
STONEHAM, MA (November 15, 2021) – Bring the joy of the holiday season directly to your young ones this year with a LIVE VIDEO CHAT with Santa Claus, hosted by StonehamBank.
STONEHAMBANK PARTNERS WITH STONEHAM MEMORIAL DAY PARADE /VETERANS DAY COMMITTEE TO PRESENT THE 2021 FIELD OF HONOR
STONEHAM, MA (November 3, 2021) – StonehamBank is proud to announce that it partnered again with the Stoneham Memorial Day Parade/Veterans Day Committee to present the 2021 Field of Honor, located on the lawn in front of the Stoneham Central Middle School (101 Central Street).
StonehamBank Appoints Kevin Marquis Senior Vice President of The Commercial Lending Division
STONEHAM, MA (September 27, 2021) – Edward F. Doherty, Jr., CEO of StonehamBank, announced the recent appointment of Kevin Marquis to the position of Senior Vice President of StonehamBank’s Commercial Lending Division. As Senior Vice President of Commercial Lending, Marquis will focus on expanding StonehamBank’s Commercial portfolio and product offerings.
STONEHAMBANK ANNOUNCES MINAKSHI KAILA AS NEW BRANCH MANAGER AT THE BILLERICA LOCATION
STONEHAM, MA (August 30, 2021) – StonehamBank CEO Edward F. Doherty, Jr. recently announced a new Branch Manager at the Bank’s Billerica Branch, located at 493 Boston Road.
STONEHAMBANK WELCOMES NEW VICE PRESIDENT COMMERCIAL LOAN OFFICER JENNIFER SCHOEFFLER
STONEHAM, MA (July 20th, 2021) – StonehamBank recently announced the addition of Jennifer Schoeffler to the Commercial Lending team in the role of Vice President for Commercial Lending.
CALLING ALL LITTLE SAVERS! JOIN STONEHAMBANK FOR A FREE IN-PERSON POP-UP EVENT AT CERAMICA PAINT STUDIO
STONEHAM, MA (June 23, 2021) – Keeping children engaged and entertained during the summer months takes some creativity and imagination. Join StonehamBank for an in-person event at Cerámica Paint Studio located at 380 Main Street, Stoneham, MA on Wednesday, July 14th at 6PM & Thursday, August 5th at 6PM. Children aged 5-11 years are welcomed to join StonehamBank at their FREE family event. Each child will receive their very own piggy bank to paint, learn about the value of saving and let their creativity run wild!
STONEHAMBANK TEAMS UP WITH CELEBRITY CHEF JOE GATTO TO MAKE DONATION TO LOCAL FOOD PANTRIES
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.
THE BOARD OF DIRECTORS OF STONEHAMBANK ANNOUNCED PROMOTIONS AT A RECENT BOARD MEETING
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.
STONEHAMBANK IS POPPING UP WITH LOCAL CELEBRITY CHEF JOE GATTO
STONEHAM, MA (May 5, 2021) – On Thursday, May 20th at 6:00PM, StonehamBank is popping up with local celebrity Chef Joe Gatto live on Zoom. At this free community virtual event Chef Gatto will show you how to perfect a soul-satisfying pasta dish, teaching you to make your own pasta from scratch with ingredients found right in your pantry! As a bonus, each attendee will receive a copy of the recipe.
CACCIOLA ADDED TO STONEHAMBANK MANAGEMENT TEAM
STONEHAM, MA (March 15th, 2021) - StonehamBank recently announced the addition of Marianne Cacciola as Senior Vice President and Chief Financial Officer to the StonehamBank management team.
STONEHAMBANK PROUDLY RAISED $1500 FOR THE MISSION OF DEED’S BUY A BED CAMPAIGN
STONEHAM, MA (March 9, 2021) - From November 18 through January 16, customers, employees and visitors to StonehamBank, had the opportunity to donate toward our annual Mission of Deeds Buy A Bed program. Each donation, with its accompanying donator name, was written on a paper bed to be displayed on the walls of the StonehamBank branches. With the help of all participating businesses and individuals, the Buy a Bed campaign raised $1500, which will allow the Mission of Deeds to purchase new bed sets.
STONEHAMBANK OFFERS FREE VIRTUAL HOMEBUYER SEMINAR
STONEHAM, MA (March 8, 2021) - Now is a great time to buy. Get answers for the many questions you have regarding the home buying process. On Wednesday, March 24th, beginning at 6:00PM, StonehamBank will offer a free virtual homebuyer seminar with local professionals, Cathy Dyl, Mortgage Banker NMLS #49343, StonehamBank; Jan Triglione, Owner, Premier Real Estate; Natasha Boye, Relationship Manager, MassHousing.
STONEHAMBANK WELCOMES NEW VICE PRESIDENT COMMERCIAL LOAN OFFICER DIVYA SALHI
STONEHAM, MA (April 26th, 2021) – StonehamBank Senior Vice President Mark Drew recently announced the addition of Divya Salhi to the Commercial Lending team in the role of Vice President for Commercial Lending.
FACE2FACE VIDEO BANKING SWEEPSTAKES ANNOUNCED BY STONEHAMBANK
STONEHAM, MA (February 18, 2021) - StonehamBank kicked off their Face2Face Video Banking Sweepstakes on Tuesday, February 16, 2021. Participants are automatically entered to win a $250 Visa Gift Card simply by telling a Video Banking Specialist, on a live Face2Face video call, that they are there for their “StonehamBank 2021 Financial Goals Review.” All entries must be received by 5:59p.m. on Friday, April 16th, 2021. One winner will be randomly selected and announced on Friday, April 23rd, 2021.
STONEHAMBANK LAUNCHES NEW PERSONAL FINANCE TOOL
STONEHAM, MA (February 9, 2021) – Control, manage and do more with your money with StonehamBank’s new Personal Finance Tool. The new Personal Finance Tool from StonehamBank is a powerful digital money management tool, integrated into StonehamBank’s online and mobile banking experience, that empowers you to take control of your finances and simplify your life. Budgeting, account aggregation, categorization, and mobile access are just a few of the tools to guide you along your way.
STONEHAMBANK OFFERS FREE VIRTUAL JOURNEY THROUGH THE GREATNESS OF TUSCANY
Stoneham, MA (January 19, 2021) – Right now, we are all experiencing a touch of cabin fever. Thanks to virtual tours, you will not have to leave the comfort of your home to explore the Italian Region of Tuscany. On Thursday, February 4th, beginning at 5:30PM, StonehamBank will offer a free virtual journey through, “The Greatness of Tuscany” with Dr. Rocky Ruggiero, author of the book “Brunelleschi’s Basilica: The Building of Santo Spirito in Florence.”
FREE Live Video Chat with Santa Claus
Stoneham, MA (December 2, 2020) – In response to the COVID-19 social distancing, StonehamBank is offering a FREE live video chat with Santa Claus!
An Important Message from Ed Doherty, Jr.- Our Role and Responsibility in Navigating COVID-19
Stoneham, MA (November 25, 2020) - As we reflect, this is a time like no other in our lives. We have all been impacted in some way by the COVID-19 pandemic which has been devastating for so many.
At StonehamBank, we believe as a community bank it is our role and responsibility during this time to continue to prioritize, the health and well-being of our community, customers, and team members.
In order to help slow the spread of the virus, I wanted to personally reach out to provide an update on the actions StonehamBank is taking. As we head into the holidays and winter months, we will adjust our branch hours beginning Monday, November 30, 2020.
STONEHAMBANK DONATES $1,000 TO VETERANS ASSISTANCE FUND, BECOMES FIRST ANNUAL FIELD OF HONOR SPONSOR
Stoneham, MA (November 11, 2020) – StonehamBank recently donated $1,000 to the Veterans Assistance Fund, becoming a sponsor to the first annual Field of Honor in Stoneham. The Field of Honor allows members of the community to honor their Veteran heroes with an American Flag. Hundreds of flags will be on display for public viewing.
STONEHAMBANK NAMED TOP GREATER BOSTON BANK FOR OVERALL QUALITY IN THE BANKING CHOICE AWARDS
Stoneham, MA (October 19, 2020) –StonehamBank has been named top Greater Boston Bank for Overall Quality by the Banking Choice Awards. The prestigious Banking Choice Awards are presented annually by American Business Media, publishers of “Banking New England,” and Rivel Banking Benchmarks.
STONEHAMBANK WELCOMES NEW VICE PRESIDENT COMMERCIAL LOAN OFFICER MARISSA BERARDI
Stoneham, MA (October 13, 2020) –StonehamBank Senior Vice President Mark Drew recently announced the addition of Marissa Berardi to the team in the role of Vice President for Commercial Lending.
“JEANS AT WORK” SUMMER - BILLERICA
Stoneham, MA (September 29, 2020) – This summer, StonehamBank employees showed their support for the Billerica Food Pantry by raising funds through the “Jeans at Work” initiative which ran from June through August. The team raised $545.00 for the Billerica Food Pantry, a non-profit, with a mission to offer assistance to people located in the Billerica community with temporary food and personal items as needed to help alleviate hunger and poverty.
STONEHAMBANK CEO ANNOUNCES PROMOTIONS
Stoneham, MA (September 16, 2020) — StonehamBank Chief Executive Officer, Edward F. Doherty, Jr., recently announced the promotion of two Bank employees, approved by StonehamBank’s Board of Directors at its August meeting.
“JEANS AT WORK” SUMMER
Stoneham, MA (September 9, 2020) – This summer, StonehamBank employees showed their support for the Stoneham Food Pantry by raising funds through the “Jeans at Work” initiative which ran from June through August. The team raised $545.00 for the Stoneham Food Pantry, a non-profit, volunteer organization with a mission to provide supplemental food supplies to Stoneham residents who need a helping hand.
ARICIA SYMES-ELMER JOINS STONEHAMBANK’S BOARD OF DIRECTORS
STONEHAM, MA – July 6, 2020 -StonehamBank announces the appointment of Aricia Symes-Elmer as its newest Board Member. Symes-Elmer is Master Stylist and founder of Unfoldid of Andover, MA. Aricia earned a dual degree in International Business and Asian Studies from University of Vermont and an MBA from NYU’s Stern School of Business. She’s traveled the world working in a variety of roles in the fashion industry from shoe design and manufacturing in Asia, to retail consulting in Europe.
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