Press Releases

The Board of Directors of StonehamBank Announced Promotions for the Following Officers at a Recent Board Meeting

May 22, 2019

Stoneham, MA (May 22, 2019) — 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.

 

 

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StonehamBank and Stoneham High School Economics Class Team Up to Create a Mock “Shark Tank”

April 5, 2019

STONEHAM, MA- April 3rd, 2019 – StonehamBank teamed up with Kurt von Sneidern’s economics class at Stoneham High School to have a mock Shark Tank. Students teamed up in pairs to create a business or product of their choice and present it to the “sharks,” which was StonehamBank’s Senior Management.

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StonehamBank Offering Assistance to Homebuyers Through FHLBank Boston Program

March 1, 2019

STONEHAM, MA- March 1, 2019 – StonehamBank has been selected to participate in the Federal Home Loan Bank of Boston's Equity Builder Program which assists local homebuyers with down-payment and closing costs as well as homebuyer counseling and rehabilitation assistance.

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StonehamBank Teams Up with Scholastic and Read with Malcolm, Donates 400 Books to Malden Public Schools

December 10, 2018

STONEHAM, MA- December 7, 2018 – StonehamBank donates 400 books to the Malden Public Schools in partnership with Scholastic and Read with Malcolm.

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StonehamBank Participates in Nationwide “Lights, Camera, Save!” Contest, Winner to Receive $5,000

November 9, 2018

STONEHAM, MA- November 8, 2018 – StonehamBank participates in nationwide “Lights, Camera, Save!” contest for the 2018 year. The contest is held annually by the American Bankers Association.

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StonehamBank Donates Halloween Baskets to Holy Family Hospital and Winchester Hospital’s Pediatric Wards

November 2, 2018

STONEHAM, MA- October 29, 2018 – Each year, StonehamBank donates Halloween baskets to the Pediatric floors of both the Holy Family Hospital in Methuen and Winchester Hospital in Winchester.

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StonehamBank Names Dance Xhilaration Winner of $2,500 Small Business Grant

October 23, 2018

STONEHAM, MA – October 22, 2018 – StonehamBank names Dance Xhilaration of Stoneham, MA the winner of their Small Business Spotlight contest. The studio will receive a $2,500 grant.

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StonehamBank Appoints New Chief Executive Officer

September 20, 2018

STONEHAM, MA – September 2018  StonehamBank has announced the appointment of Edward F. Doherty, Jr. as Chief Executive Officer of StonehamBank. Doherty, who succeeds Janice T. Houghton, has served as the Bank’s Chief Sales and Marketing Officer since 2009.

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StonehamBank Appoints New President

September 20, 2018

STONEHAM, MA – September 2018  StonehamBank has announced the appointment of Paul Totino as President of StonehamBank. Totino, who succeeds Janice T. Houghton, has served as the Bank’s Chief Strategy Officer since January 2018.

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StonehamBank Hires Mark Drew as Senior Vice President of Commercial Lending

July 26, 2018

STONEHAM, MA - July 2, 2018 - StonehamBank recently welcomed Mark Drew as Senior Vice President of Commercial Lending. He is known for designing customized lending products tailored to the unique needs of his commercial clients.

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StonehamBank Donates $15,000 to The Boys and Girls Club of Greater Billerica, Becomes First Summer Camp Sponsor

July 18, 2018

Billerica, MA – July 13, 2018 – StonehamBank recently donated $15,000 to the Boys and Girls Club of Greater Billerica for their summer camp program, and becoming their first-ever summer camp sponsor.

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Patriots Players Join Stoneham Bank In Hometown Huddle

July 18, 2018

STONEHAM, MA – StonehamBank hosted Hometown Huddle at Stoneham High School with New England Patriots wide receiver Malcolm Mitchell and first round draft pick Sony Michel. Later in the day, a donation was made to Read with Malcolm to promote youth literacy.

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StonehamBank Hosts Hometown Huddle with Patriots Players, Donates to Read with Malcolm

June 26, 2018

StonehamBank hosts Hometown Huddle at Stoneham High School with New England Patriots wide receiver Malcolm Mitchell and first round draft pick Sony Michel. Later in the day, a donation was made to Read with Malcolm to promote youth literacy.

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Patriot's Malcolm Mitchell Happy With Rehab Progress

June 24, 2018

STONEHAM — Malcolm Mitchell can be a game-changer for the Patriots when healthy. The wide receiver showed promise as a rookie two years ago when he made big plays in the team’s Super Bowl win over Atlanta.

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Malcolm Mitchell, Patrick Chung Make Youthful Connections

June 23, 2018

It was 84 degrees and sunny in Athens, Ga., on Saturday afternoon, but chillier and gloomier conditions in Stoneham forced former Georgia Bulldogs (and current Patriots) receiver Malcolm Mitchell and running back Sony Michel to seek refuge indoors at the Stoneham High School gym, where they held a football clinic with local youth teams.

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Two StonehamBank Employees Graduate from New England School for Financial Studies

June 20, 2018

STONEHAM, MA – June 20th, 2018 – Two StonehamBank employees graduated from the New England School for Financial Studies on June 15th. The extensive two-year program is for those with supervisory positions at a financial institution that demonstrate the ability to take on greater responsibilities within the organization.

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StonehamBank Team Members “Walk the Walk” with NuPath to Raise Awareness for Autism and Other Disabilities

April 25, 2018

STONEHAM, MA – April 25th, 2018 – StonehamBank team members participated in NuPath’s “Walk the Walk” on April 14th. The event fundraised to benefit adults with autism and other developmental disabilities.

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StonehamBank Presents Elementary School Principals with a Copy of “The Magician’s Hat” Following Reading Rally

April 25, 2018

STONEHAM, MA – April 13th, 2018 – StonehamBank presented the Principals of the Colonial Park, Robin Hood, and South Elementary schools in Stoneham with a copy of “The Magician’s Hat” on April 6th, following a reading rally with Patriots player Malcolm Mitchell.

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StonehamBank Brings New England Patriots Player to Town for a Reading Rally

April 13, 2018

STONEHAM, MA – April 13th, 2018 – StonehamBank brought Super Bowl Champion Malcolm Mitchell and Read with Malcolm to the Stoneham High School March 29th to give all Stoneham’s second and third grade students a special treat.

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StonehamBank Hires New CSO with over 34 Years in the Financial Field

April 2, 2018

STONEHAM, MA – StonehamBank hires Paul Totino as Chief Strategy Officer and Executive Vice President. Totino joined the team on January 3rd.

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Nancy A. Brown Named Sales and Services Manager of StonehamBank’s Billerica Branch

March 15, 2018

STONEHAM, MA – March 15, 2018 – StonehamBank hired Nancy Brown to be their Sales and Services Manager of their Billerica Branch on January 16th. Brown comes from Reading Co-Op Bank where she was an AVP and Branch Manager.

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Dawn C. Ferrari Named Vice President of Human Resources at StonehamBank

March 6, 2018

STONEHAM, MA – March 6, 2017 – StonehamBank hired Dawn C. Ferrari as the Vice President of Human Resources and Talent Management Officer January 2nd. She comes from Northern Bank where she was Vice President of Human Resources and built their HR department.

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StonehamBank to Offer a First-Time Home Buyers Seminar in March

February 23, 2018

STONEHAM, MA – February 23, 2018 – StonehamBank is offering a First-Time Home Buyers Seminar on Saturday, March 10th. The free event will be held at StonehamBank at 80 Montvale Ave in Stoneham from 10 AM - 12 PM. Pre-Registration is required.

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Lights, Camera, Save! Teen Video Contest Underway at StonehamBank - Winner eligible for a $5,000 grand prize

October 13, 2017

Stoneham, MA – StonehamBank is accepting submissions for its Lights, Camera, Save! video contest. The contest, organized by the American Bankers Association Foundation, is a national competition that encourages teens to use video to communicate the value of saving money and inspire their peers to become lifelong savers.

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Helping Our Troops $1K Donation

May 17, 2017

Helping our Troops

Stoneham, MA - May 17, 2017 - With a history that is deeply rooted in our community, StonehamBank is committed to encouraging positivity and facilitating prosperity.StonehamBank recently presented $1000.00 to Helping Our Troops to support soldiers overseas. Pictured (from L to R) Rebecca Gardner, StonehamBank; Beverly Devirgilio, Helping Our Troops; Frank Geary, Helping Our Troops.

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StonehamBank has appointed Mark Linehan as Chief Financial Officer

May 5, 2017

Stoneham, MA – May 5, 2017 – In the role, Linehan will oversee the bank’s financial reporting, accounting and finance functions while helping to lead the capital and strategic planning initiatives.

"We are honored to have Mark join StonehamBank,” said Meg McIsaac, President, StonehamBank. “We are an innovative bank that invests in technology to provide a premier customer experience.  Mark embraces our strategy, and his skills and perspective really round out our terrific team.”

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StonehamBank 130 Days of Giving Recipient James L. McKeown Boys & Girls Club of Woburn

February 15, 2017

Stoneham, MA – February 14, 2017 – Supporting civic and charitable community organizations is a significant part of StonehamBank's corporate values for the past 130 years. This year, StonehamBank is celebrating its 130th Anniversary with 130 days of Giving!

130 Days of Giving provides StonehamBank the opportunity to reach out and thank the local community charitable organizations for all that they do in the communities StonehamBank serves. Community organizations have been nominated, by local community members, for a chance to receive $130 from StonehamBank during StonehamBank's 130 Days of Giving.

“As a Woburn native it is heartwarming to recognize such an inspiring organization,” said Edward Doherty, Jr, Executive Vice President, StonehamBank. “The James L. McKeown Boys & Girls Club has helped so many youths through their programs and services and the Bank is proud to support such a dedicated organization in our community.”

“StonehamBank has been a longtime supporter of Club and we appreciate everything they have done for us. We are so grateful to be a part of a community that supports its children,”said Lytta Teta, Director of Development, James L. McKeown Boys & Girls Club of Woburn.

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Banker & Tradesman: IN PERSON - Culture and Community

January 19, 2017

Meg McIsaac
Title: President, StonehamBank
Age: 53
Experience: 31 years

Meg McIsaac originally got into banking at her sister’s urging, interning at Bank of Boston and later enrolling in its management training program. She held a variety of roles before she was tapped to turn around Holbrook Cooperative, at the time a troubled institution. It was her connection with StonehamBank’s current CEO, Janice Houghton, that led her to her next challenge. Speaking of the culture that drew her to StonehamBank, McIsaac told Banker & Tradesman, “It’s sincere here. … I think people really appreciate what they do and they want to contribute to the community.”

 

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StonehamBank Uses ZRent to Automate Rent Payments

December 9, 2016

ZRent (http://www.ZRent.net), a division of Leader Bank, is proud to welcome StonehamBank to its expanding network of financial institutions. ZRent allows financial institutions to provide online rent collection services to their landlord and small business customers, creating competitive advantage and customer loyalty for participating institutions. This new partnership will allow StonehamBank customers to take full advantage of ZRent services, enabling landlords and tenants to fully automate the rental payment process.

“We are very excited to enter into this partnership with StonehamBank. We look forward to bringing all the benefits of ZRent to their customers,” said Jay Tuli, the Senior Vice President of Retail Banking at Leader Bank. “We hope that ZRent can continue to help automate rent payments for community banks and their customers.”

“We are committed to offering innovative services to our customers, ZRent is another great example of services we provide to our customers evolving needs,” said Edward Doherty, Jr., Executive Vice President of StonehamBank. “ZRent offers a simple and convenient solution that provides real value to our customers looking to efficiently manage their rent collection.”

ZRent works by automatically deducting rent payments from the tenant’s bank account and depositing them directly into the landlord’s account. Tenants can set and forget their monthly payments, and landlords will no longer have the hassle of collecting checks and making the trip to the bank. ZRent also provides peace of mind for the landlords, who will now receive one complete payment for each unit on the same day every month. ZRent is free of charge for any landlord that banks with one of the participating institutions, currently StonehamBank and Leader Bank.

For more information on Leader Bank&amamp;rsquo;s innovative ZRent tool, visit http://www.zrent.net, email zrent at zrent dot net, or call 781-641-8691.

 

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StonehamBank Donates $10,000 to the Boys & Girls Club of Greater Billerica

December 2, 2016

Stoneham, MA – December 1, 2016 – StonehamBank recently donated $10,000 to Boys & Girls Club of Greater Billerica. The funds will aid the renovations to help create a safe and healthy youth recreation pool area.

"The Boys and Girls Club is thrilled that StonehamBank has once again come forward to help our club and our kids,” said Roy Nagy, Executive Director, Boys & Girls Club of Greater Billerica. “The renovation of the swimming

pool office, viewing and lifeguard changing areas will be great for our staff, members and families.”

 “We are proud to support the Boys & Girls Club of Greater Billerica,” said Edward Doherty, Jr, Executive Vice President, StonehamBank. “We look forward to seeing the club’s staff, members and families enjoying the pool for years to come.”

 

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PICTURED (L to R) Salwa Hindi, StonehamBank; Gil Moreira, Board of Directors StonehamBank; Roy Nagy, Boys & Girls Club of Greater Billerica; Fred Ciampa, CPA, PC, Board of Directors StonehamBank; Joseph Smith, StonehamBank; Members of Boys & Girls Club of Greater Billerica

 

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StonehamBank Donates $4K to Robin Hood Elementary School Homework Club

November 17, 2016

Stoneham, MA, November 16, 2016 - StonehamBank recently donated $4K to the Robin Hood Elementary School Homework Club to ensure a positive, respectful, and stress-free environment for students to complete their homework. Students work with teachers, as well as their peers, to complete homework tasks and promote growth in their learning.

“With the generosity of StonehamBank our program provides the students a safe, positive and productive environment,” said Maura Donoghue, Principal, Robin Hood Elementary School. “Not only do we provide academic assistance, we also focus on their growth in fundamental life skills, character and leadership.”

“At StonehamBank we aim to align with programs that enrich the lives of the youth of our communities,” Edward F. Doherty, Jr, Executive Vice President, StonehamBank.“StonehamBank is proud to support such a great program and it is wonderful to see how the community can work together and make a positive difference.”

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Pictured: Rhonda Sabbio, StonehamBank; Robin Hood Elementary School Homework Club

 

 

 

 

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StonehamBank donates $2500 to Stoneham Central Middle School Math Team

October 6, 2016

 

Stoneham, MA, October 5, 2016 - StonehamBank recently donated $2500 to the Stoneham Central Middle School Math Team in support of the opportunities to travel to other schools for competitions and meet students from neighboring communities. 

“StonehamBank has supported our math team for over twenty years and because of that support we have built and sustained a competitive math team year in and year out,” said Christopher Banos, Principal, Stoneham Central Middle School. “The feedback I have received from students over the years is that their time on the math team was one of their most rewarding middle school experiences.”

“Stoneham Central Middle School’s Math Team Coach, Michelle Zavez, is an inspiration to our youth and we are happy to support her team so they may attend math competitions in our communities,” Edward F. Doherty, Jr, Executive Vice President, StonehamBank.“Last year’s students demonstrated honorable performances and the Bank wishes this year’s team even greater success.”

 

 

 

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StonehamBank Donates $5,000 to Habitat of Humanity of Greater Lowell

September 13, 2016

 

Stoneham, MA, September 12, 2016- StonehamBank recently donated $5,000 to Habitat for Humanity of Greater Lowell. The donation will be used for Habitat’s Critical Home Repair Program.  This program reaches out to low income families, including the elderly, disabled and veteran community, that currently needs help to stay in their home by providing a wide range of home repairs to address health, safety and accessibility issues.

“Habitat for Humanity of Greater Lowell would not be able to build and repair homes for families in our community if it weren’t for companies like StonehamBank. StonehamBank has been supporting Habitat Lowell for many years and their commitment to giving back to the community both financially and with volunteer labor enables us to increase the number of families who benefit from our programs” said Brenda Gould, Habitat for Humanity of Greater Lowell Executive Director.

“Habitat for Humanity of Greater Lowell has been an integral part in strengthening families within our communities,” said Edward Doherty, Jr., Executive Vice President of StonehamBank. “We are honored to be included on their truck and grateful of our partnership to help families obtain safe and affordable housing.”

 

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StonehamBank supports Boys & Girls Club of Stoneham & Wakefield

September 6, 2016

 

Stoneham, MA, August 26, 2016- StonehamBank recently donated $45,000 over three years to the Boys & Girls Club of Stoneham & Wakefield in support of the Club to finish their teen centers, teach financial literacy, expand science, technology, engineering, arts, and mathematic programs. StonehamBank has been a strong supporter of the Boys & Girls Club for many years.

"StonehamBank is more than just a bank, they are our partners.  With their generous support we can do so much to help Stoneham's youth.  We are very lucky to have them as friends, and together, StonehamBank and our Clubs are ensuring great futures for the kids of Stoneham & Wakefield,” shared Anthony Guardia, Esq., Director of Development of the Boys & Girls Club of Stoneham & Wakefield.

“It's important to create a supportive and inspiring community for our teens," said Edward Doherty, Jr., Executive Vice President of StonehamBank. "By empowering teens with these type of programs, we can help them reach their future goals! We are grateful to have partner like the Boys & Girls Club of Stoneham & Wakefield.”

 

 

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Community Shred Day set for Saturday May 14, 2016

April 26, 2016

STONEHAMBANK BRANCHES TO HOST SHRED DAY AND GROCERY DRIVE ON SATURDAY, MAY 14, 2016, IN STONEHAM AND BILLERICA

 

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StonehamBank Announces Improvements to Business Online Banking

March 9, 2016

StonehamBank is pleased to announce an upgrade to our Business Online Banking home page.  On Monday, March 14th Business Online Banking users will see a new dashboard page.  During that first login process, users will be allowed to customize the dashboard to their preferences.  The new page design will improve usability and user experience.

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StonehamBank Announces New Products

June 22, 2015

StonehamBank Tackles Overdraft Fees 
Now Offers Two Innovative Products with No Bank Overdraft Fees Ever

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StonehamBank Supports ZNE

June 15, 2015

The following letter has been sent to Governor Baker and Secretary Ash regarding funding for Zoo New England and in particular to address concerns about accreditation for Stone Zoo. 

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First Time Home Buyer Seminar Announced

April 17, 2015

STONEHAMBANK OFFERS COMPLIMENTARY FIRST TIME HOME BUYERS SEMINAR MAY 2 IN STONEHAM

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StonehamBank Hosts Spring 2015 Home Buyer's & Seller's Seminar

March 23, 2015

StonehamBank hosts Spring 2015 Home Buyer’s & Seller’s Seminar


Billerica, MA – StonehamBank announces a Spring Home Buyer’s & Seller’s Seminar on Saturday, April 11, 2015, at 1:30 PM at the 493 Boston Road, Billerica branch hosted by StonehamBank Mortgage Originator Judy Cronin for those considering selling or buying a home. The program is free and open to the public.

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StonehamBank Hosts TCTS Essay Contest

March 11, 2015

StonehamBank announces Student Essay Contest to celebrate Teach Children to Save Day

StonehamBank Community Development specialist Sharon Iovanni recently announced the Teach Children to Save Essay Contest for students in public or private schools in Billerica and Stoneham to celebrate national Teach Children to Save Day.

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StonehamBank Welcomes Greg D'Antona

March 4, 2015

GREGORY D’ANTONA JOINS STONEHAMBANK TEAM

Stoneham, MA  - StonehamBank Risk Management Officer Kathleen Conary announced the hiring of Gregory D’Antona as a Risk Management Manager, effective February 3, 2015.

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StonehamBank Closing 1/27/15 Due to Snow storm

January 26, 2015

Due to expected inclement weather, StonehamBank’s Montvale and Billerica branches will be closed all day tomorrow, Tuesday, January 27, 2015.

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Complimentary Continuing Education Classes For Real Estate Agents

December 29, 2014

StonehamBank has partnered with the Connecticut Attorneys Title Insurance Company (CATIC) Real Estate School to host continuing education classes for Massachusetts real estate agents. StonehamBank’s Loan Center, located at 80 Montvale Avenue in Stoneham, MA, was recently approved by the Commonwealth of Massachusetts as a site for offering the classes, which are complimentary and offer continuing education credits that are required for Massachusetts real estate agents.

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StonehamBank Announces Holiday Hours

December 23, 2014

StonehamBank Billerica and Montvale branches and back offices will be closing on Christmas Eve, Wednesday, December 24, 2014, at 2 PM and will reopen on Friday, December 26 at 8:30AM.

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Santa Claus is coming!

December 4, 2014

SANTA CLAUS IS COMING TO STONEHAMBANK SATURDAY, DEC 13

 

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"Lights Camera Save" Contest Announced

October 20, 2014

NATIONAL VIDEO CONTEST CALL FOR ENTRIES
StonehamBank accepting entries Oct. 1 – Dec. 1                                                 

With rising college student loans, it’s more important than ever for teens to be financially fit. How much do today’s teens know about using money wisely? StonehamBank’s participation in the Lights, Camera, Save! national video contest seeks to answer that very question.

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STONEHAMBANK AND INFINEX TO HOST RETIREMENT PLANNING SEMINAR FOR BUSINESS OWNERS

September 25, 2014

It is never too soon to start planning for the next phase of your life – so make plans today to join us on Tuesday, October 28 at 4:30 PM at 80 Montvale Avenue in Stoneham.

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STONEHAMBANK AND STONEHAM SENIOR CENTER TO OFFER ELDER ABUSE WORKSHOPS

September 3, 2014

Stoneham, MA – StonehamBank President & CEO Janice T. Houghton recently announced the bank’s partnership with the Stoneham Senior Center focused on educating elder residents about potential financial abuses.

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StonehamBank hosts First Time Home Buyer Seminar

August 19, 2014

StonehamBank is again hosting a series of First Time Home Buyer Seminars this fall, with the first on Saturday, September 20 at 10 AM at the 80 Montvale Avenue Branch. 

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StonehamBank Launches New Mobile App!

July 14, 2014

Stoneham, MA - On Monday, July 14, StonehamBank officially launched its new mobile banking application for all smartphone and tablet devices. 

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StonehamBank Celebrates American Housing Month

June 17, 2014

In recognition of American Housing Month, StonehamBank is providing consumers with valuable housing information throughout the month of June. Tips for both renters and potential home owners will include choosing the right housing option, getting a loan, improving your credit score, going green and saving for a down payment.

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StonehamBank Hosts Renovation Open House

June 12, 2014

On Wednesday, June 12, StonehamBank welcomed commercial customers and vendors to the officialy Re-Opening of the Montvale Branch. 

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STONEHAMBANK WARNS OF SCAM

January 21, 2014

Our Retail Services folks are reporting that our customers are receiving automated phone calls saying that their debit cards are suspended, and asking for account information. 

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Anniversary Recognition

January 16, 2014

StonehamBank Recognizes Years of Service at January All Hands Meeting

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StonehamBank Welcomes New Vice President Christopher Macomber

January 15, 2014

StonehamBank Executive Vice President Edward T. Doherty recently announced the addition of Christopher Macomber to the staff in the role of Vice President for Business Development.

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StonehamBank Announces Promotion

January 15, 2014

StonehamBank Senior Vice President Shane Bellavance recently announced the appointment of Judith Cronin to the position of Residential Mortgage Originator effective immediately.

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StonehamBank hosts First Time Home Buyers Seminar

January 15, 2014

Stoneham, MA – StonehamBank is hosting a First Time Home Buyer Seminar on Saturday, January 25 beginning at 9:00 AM at the 80 Montvale Avenue Branch.

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Santa Claus is coming to StonehamBank

December 17, 2013

You'd better watch out.....you'd better not cry...'cause Santa Claus is coming to town!

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StonehamBank Partners with Local Orthodontist for Stoneham Marathon Victims' Fund

November 19, 2013

StonehamBank President & CEO Janice T. Houghton is pleased to announce
that StonehamBank is partnering with Dr. Eugene Mickey of Dr. Mickey’s
Orthodontics, LLC, and the Stoneham Chamber of Commerce to benefit the Stoneham
Marathon Victim Fund.

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StonehamBank Offers Employee Classification Seminar for Small Business Owners October 9

October 24, 2013

On Tuesday evening, November 19 at 5:30 at StonehamBank’s 80 Montvale Avenue branch, Tim Halligan, President of the Exchange Authority, LLC, will offer a two hour seminar on IRC §1031Tax Deferred Exchanges.

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StonehamBank offers FCC Ten Cybersecurity Strategies

October 8, 2013

StonehamBank offers the following information  for small businesses during National CyberSecurity Month.

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StonehamBank Branch Hours Change

October 3, 2013

StonehamBank's Retail Sales/Services Manager and Vice President Anna Dinnis recently announceda change to branch hours effective Monday, October 7, 2013.

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StonehamBank Offers Employee Classification Seminar for Small Business Owners October 9

October 2, 2013

Community-based StonehamBank hosts the next Small Business Seminar on Wednesday, October 9 from 8 to 9:30 AM at 80 Montvale Avenue in Stoneham focused on Employee Classification.

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StonehamBank Recognizes Volunteers

September 18, 2013

StonehamBank is proud of our employee team, whose ongoing commitment to volunteerism so strongly supports our priority of Community service! Through August of this year, bank employees have volunteered a total of 803 hours in more than 30 community activities from road races, to community days and dinners to a host of community organizations.

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VP Joseph H. Saling Completes ABA Stonier Graduate School

August 28, 2013

Stoneham, MA – Joseph H. Saling, Senior Vice President, CIO, COO of StonehamBank, recently graduated from the American Bankers Association Stonier Graduate School of Banking in Philadelphia.

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Dedication Ceremony scheduled for late Board Member Alan Melkonian

August 21, 2013

On Town Day 2013, Saturday, September 7 at 10 AM, there will be a special unveiling ceremony at the playground of three pieces of equipment donated in memory of Alan K. Melkonian, well-known Stoneham resident, business owner and generous community advocate.

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StonehamBank welcomes new employees

August 19, 2013

StonehamBank welcomed two new employees in August.

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StonehamBank Branches Are Closing at 5:00PM Today!

July 22, 2013

All StonehamBank branches will be closing at 5:00PM today!

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StonehamBank Closed July 4

July 2, 2013

StonehamBank will be closed on Thursday, July 4th in observance of the Independence Day holiday. 

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StonehamBank Announces Promotions

June 26, 2013

Stoneham, MA – StonehamBank CEO and President Janice T. Houghton recently announced the promotion of several bank employees following approval by the Board of Directors at their Annual Meeting.

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StonehamBank Offers Fall Seminars

June 12, 2013

Stoneham, MA – Business Development Specialist Michele Fitzpatrick recently announced three business seminars planned for this coming fall at StonehamBank.

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StonehamBank Mourns Passing of Director Alan K. Melkonian

June 10, 2013

With sadness, StonehamBank shares the news that Board Member Alan K. Melkonian passed away peacefully in his home on Friday, June 7, 2013, after a long battle with ALS.

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Shred Day Television Winner Announced

May 29, 2013

StonehamBank announced Shred Day Drawing Winner this week.

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StonehamBank Closed Memorial Day

May 23, 2013

In observance of Memorial Day, all StonehamBank branches will be closed on Monday, May 27.

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StonehamBank Offers FICO Credit Seminar

May 1, 2013

POWERING UP YOUR CREDIT SCORE

What: Educational Credit Scoring Seminar
When: Tuesday, May 14, 2013, 8 - 9:30 AM
Where: StonehamBank, 80 Montvale Avenue, Stoneham

Presented by
Kim Carpentier, General Manager of Valley Credit Repair & Credit Coaching

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Bank Is Selling Stoneham Strong T Shirts

April 24, 2013

StonehamBank President & CEO Janice T. Houghton and Stoneham Savings Bank -a division of Salem Five Bancorp EVP & COO Jeffrey Worth have announced that the two banks will be selling Stoneham Strong t-shirts in an effort to raise funds for the recently established Stoneham Marathon Victims Fund.

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StonehamBank establishes Victims' Aid Fund

April 17, 2013

StonehamBank has established a fund to help the Stoneham victims’ families pay for anticipated medical expenses.

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Free First Time Home Buyer Seminar 4/23

April 11, 2013

StonehamBank will be hosting a First Time Home Buyer Seminar on Tuesday, April 23 beginning at 6:00 PM at the 80 Montvale Avenue Branch.

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StonehamBank Shred Day Update

April 8, 2013

StonehamBank’s Community Shred Day is set for Saturday, May 11 from 9 AM to 1 PM in the StonehamBank parking lots of the Billerica and Stoneham branches.

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Shred Day Set for May 11

March 1, 2013

STONEHAMBANK BRANCHES TO HOST SHRED DAY AND FOOD DRIVE ON
SATURDAY, MAY 11, 2013 IN STONEHAM AND BILLERICA


As spring fever hits and you begin weeding out  the closets, drawers and cabinets at your home, be sure to be on the lookout for confidential documents that could be used to steal your identity and  DON’T throw them away. Box or bag your items and bring them to StonehamBank’s Community Shred Day, on Saturday, May 11 from 9 AM to 1 PM in the StonehamBank parking lots of the Billerica and Stoneham branches.


 

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StonehamBank Branches Closed Thursday, November 22 for Thanksgiving

November 20, 2012

StonehamBank branches will be closed on Thursday, November 22 for the Thanksgiving holiday. Normal operating hours will resume on Friday morning.

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Notice of Expiration of the Temporary Full FDIC Insurance Coverage For Noninterest-Bearing Transaction Accounts

November 20, 2012

By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account, or IOLTA) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).

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StonehamBank Branches Closed Monday, November 12 in Observance of Veterans Day

November 9, 2012

In observance of Veterans Day, StonehamBank branches will be closed on Monday, November 12

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Ed Doherty Elected President of Stoneham Chamber Board of Directors

November 7, 2012

StonehamBank is proud to announce the election of its Executive Vice President, Edward F. Doherty, Jr., as President of the Stoneham Chamber of Commerce Board of Directors for 2012-2013.

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StonehamBank Announces Staff Changes at Billerica Branch!

November 2, 2012

StonehamBank President & CEO Janice Houghton recently announced staff changes at the bank’s Billerica Branch, located at 493 Boston Road.

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Stoneham and Billerica branches will be open normal hours on Tuesday

October 30, 2012

The Stoneham and Billerica branches will be open normal business hours on Tuesday October 30th.  To see our hours, click here.

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Stoneham and Billerica Branches closing at 2:30pm Monday due to weather

October 29, 2012

Stoneham and Billerica Branches closing at 2:30pm Monday due to weather. Please check back for updates regarding Tuesday’s operating hours. If you need assistance, our 24/7 call center is open and can be reached at 888-402-2265.

Please stay safe!

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StonehamBank Branches to Host Shred Day and Food Drive October 20

October 11, 2012

With the overwhelming success of this past spring’s Community Shred Day, StonehamBank Sales and Marketing Manager, Joshua Mahoney, recently announced the second  2012 Shred Day on Saturday, October 20 from 9 AM to 1 PM at both its Stoneham and Billerica branches.

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First in a Series of Business Seminars October 10

October 2, 2012

Business owners are invited to the first in a series of four Business Seminars offered by StonehamBank at its corporate headquarters, 80 Montvale Avenue, Stoneham on Wednesday, October 10 at 12:00 Noon.

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Senior Center Open House Sponsored by StonehamBank

September 13, 2012

StonehamBank President & CEO Janice T. Houghton recently announced the bank’s support of the Stoneham Senior Center Community Open House set for Saturday, September 29th from 11am to 3pm at the Center, 136 Elm Street in Stoneham.

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StonehamBank Branches Closed on Monday September 3rd

August 31, 2012

In observance of the Labor Day holiday, StonehamBank branches will be closed on Monday, September 3rd. If you need assistance, please call our 24/7 live call center at 888-402-2265. Normal operating hours will resume on Tuesday morning.

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Summer 2012 Newsletter Available

July 31, 2012

The Summer 2012 edition of the Financial Sense newsletter is now available!

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Sharon Iovanni Joins the StonehamBank Business Development Team

July 19, 2012

Janice T. Houghton, President and CEO of StonehamBank, is proud to announce the addition of Sharon Iovanni to the StonehamBank team. “Nobody knows Stoneham like Sharon,” says Houghton. “She makes a great addition to our team and I feel very lucky to have her here at StonehamBank.”

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StonehamBank Makes Promotions and Appoints New Officers

May 31, 2012

Janice T. Houghton, President and CEO of StonehamBank is proud to announce the recent promotions and the election of new officers at the Bank’s Annual Board of Directors Meeting held on May 10, 2012.

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Our 4th Annual Shred Day is this Saturday!

May 17, 2012

On Saturday May 19th from 9:00 AM to 1:00 PM we will be hosting our 4th Annual Shred Day event! 

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StonehamBank Promotes "Teach Children to Save Day"

April 24, 2012

In observance of Teach Children to Save Day on April 24, StonehamBank is encouraging local families to recognize the day by communicating the value of saving money to the young people in their lives.  

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StonehamBank Sponsors Event to Benefit Elders in Need

April 19, 2012

StonehamBank has taken on lead sponsorship of Mystic Valley Elder Services’ May 5th benefit performance of The Full Monty at the Stoneham Theatre. 

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Spring 2012 Newsletter Now Available!

April 18, 2012

The Spring 2012 edition of our quarterly newsletter, Financial Sense, is now available. 

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StonehamBank Supports the Stoneham Theatre

March 21, 2012

On Thursday, March 8th, StonehamBank presented a check to Stoneham Theatre in the amount of $10,000. 

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StonehamBank Participates in 14th Annual National Consumer Protection Week

March 6, 2012

StonehamBank is joining with federal, state, and local government agencies and national organizations to celebrate the 14th annual National Consumer Protection Week (NCPW) this week, March 4-10, 2012. 

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Winter 2012 Newsletter now Available!

January 25, 2012

The Winter 2012 edition of our quarterly newsletter, Financial Sense, is now available.

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Important Change - U.S. Savings Bonds are Going Paperless

December 21, 2011

The Bureau of the Public Debt announced that as of January 1, 2012, paper savings bonds will no longer be sold at financial institutions. 

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Fall 2011 Newsletter Now Available!

October 28, 2011

The Fall 2011 edition of our quarterly newsletter, Financial Sense, is now available. 

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StonehamBank Employees Earn Recognition at Annual Awards Event

September 15, 2011

StonehamBank employees and directors gathered together on Tuesday September 13th at the Bear Hill Country Club in Stoneham for the 14th Annual Employee Recognition Event. Numerous employees were recognized at the event for their accomplishments during the preceding year.

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Fred Ciampa Joins the StonehamBank Board of Directors

September 13, 2011

StonehamBank is proud to announce the election of Fred Ciampa, CPA, to the Board of Directors of StonehamBank. Mr. Ciampa is the managing partner of Frederick A. Ciampa C.P.A., P.C. and brings a wealth of public accounting experience to the StonehamBank Board of Directors.

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StonehamBank Encourages Customers to 'Get Smart About Credit'

September 6, 2011

In recognition of National Get Smart About Credit Day on Oct. 20, StonehamBank is urging customers to educate themselves on responsible credit habits.

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Bill Adams Appointed to Fuller House Board of Directors

August 4, 2011

Bill Adams, Assistant Branch Manager of StonehamBank’s Stoneham branch, has been appointed to the Board of Directors to the Fuller House of Stoneham.

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StonehamBank announces a pledge of $75,000 to support Winchester Hospital's Our 2nd Century Campaign

June 30, 2011

StonehamBank, a Co-operative Bank recently pledged $75,000 to Winchester Hospital’s Our 2nd Century Campaign. 

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StonehamBank Holds 3rd Annual Shred Day

May 25, 2011

On Saturday, May 21st StonehamBank held its 3rd annual shredding event. The event, which the Bank holds every spring at both branches, gave everyone the chance to have old documents shredded onsite safely and securely.

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StonehamBank Makes Promotions and Appoints New Officers

May 23, 2011

Janice T. Houghton, President and CEO of StonehamBank, is proud to announce the recent promotions and the election of new officers at the Bank’s Annual Board of Directors Meeting held on May 12, 2011.

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Stoneham Little League Receives Continued Support from StonehamBank

April 29, 2011

StonehamBank is thrilled to once again support the Stoneham Little League by being the Major Sponsor for their 2011 program. 

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Eugene M. Passaro Elected Chairman of the Board at StonehamBank

April 28, 2011

StonehamBank is proud to announce the election of Eugene M. “Chief” Passaro to Chairman of the Board of Directors of StonehamBank. Mr. Passaro, who was originally elected to the Board in August 1993, was voted to Chairman at the Board of Directors meeting held Thursday, April 14, 2011. Eugene Passaro succeeds the late Robert H. Skelley IV.

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StonehamBank is Lead Sponsor of Theatre Event to Support Local Elders

April 27, 2011

StonehamBank has taken on lead sponsorship of Mystic Valley Elder Services’s May 21st benefit performance of 42nd Street at the Stoneham Theatre. 

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StonehamBank Employees Volunteer to Serve Community Dinner

April 6, 2011

On the first Tuesday of every month a group of StonehamBank employees trade in there banker’s attire and put on their aprons. This dedicated group will prepare, serve and clean meals for between 50 and 70 guests during each meal.

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Android App for Mobile Banking Now Available!

March 9, 2011

StonehamBank is excited to announce that the Android App for Mobile Banking is now available for download! Mobile Banking gives you the freedom to bank on the go and connect with your finances anytime, anywhere.

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Ben Craigie Appointed to CRA Officer

January 27, 2011

StonehamBank is proud to announce the appointment of Ben Craigie to Community Reinvestment Act (CRA) Officer, which was determined at the December 2010 Board of Director’s Meeting.

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StonehamBank Continues to Fund the Central School Homework Club

December 10, 2010

StonehamBank presented The Central School of Stoneham with a check for $4,500 to support the Homework Club.

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You Can Help Provide Beds for Families this Holiday Season!

December 8, 2010

StonehamBank is currently participating in the Mission of Deeds Buy-a-Bed Campaign. Up until January 5th, customers, or anyone who visits the bank, has the opportunity to donate $1.00 or more towards this initiative by purchasing a “paper bed”. 

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New Release for Card Alerts!

November 15, 2010

Enhanced alerts for Card Alerts are now available. Card Alerts help you stay up-to-date on your last purchase or current balance and help you monitor your accounts with built in spending notifications and fraud alerts. 

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Billerica Branch Hosts Students for Job Shadow Day

October 22, 2010

On Friday, October 22nd, StonehamBank participated in the Billerica Rotary Job Shadow Day for the first time. Students from Billerica Memorial High School spent the morning touring the bank, going over what each position is accountable for, and learning about all the products and services StonehamBank provides.

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StonehamBank Accepts Certificate of Appreciation for Continued Support of the Community Dinner Program

October 15, 2010

The Community Dinner Steering Committee held a celebratory event on the evening of October 14th to celebrate the 15th Anniversary of the Stoneham Community Dinner Program and to recognize its devoted sponsors.

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StonehamBank Appoints Edward Doherty to Executive Vice President

October 1, 2010

Janice T. Houghton, President and C.E.O. of StonehamBank, is proud to announce the promotion of Edward F. Doherty, Jr. to Executive Vice President of StonehamBank.

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StonehamBank Sponsors the Woburn Summer Concert Series

August 20, 2010

StonehamBank will be sponsoring Woburn’s final concert of the Woburn Summer Concert Series on Friday, August 20th

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Michele Fitzpatrick Appointed to Business Development Specialist

August 6, 2010

Janice T. Houghton, President and CEO of StonehamBank, is proud to announce the appointment of Michele Fitzpatrick to Business Development Specialist.

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StonehamBank Featured in US Banker Magazine

July 13, 2010

StonehamBank has been featured in an article about Bling in the July edition of US Banker! Bling is StonehamBank’s new mobile payment service.

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StonehamBank Supports the Stoneham Summer Concert Series

July 2, 2010

StonehamBank is excited to once again sponsor the Stoneham Chamber’s Summer Concert Series.

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Joshua Mahoney and Shane Bellavance Promoted at Annual Board of Director's Meeting

June 24, 2010

Janice T. Houghton, President and C.E.O. of StonehamBank, announced two recent promotions voted at the bank’s Annual Board of Directors Meeting held on May 13, 2010.

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Free First Time Home Buyer Seminar

June 15, 2010

StonehamBank will be holding a free, two part First Time Home Buyer Seminar on Thursday, July 15th and 22nd from 6:30 p.m. – 8:30 p.m. 

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New Drive Up Drawer at Montvale Branch

June 9, 2010

StonehamBank recently installed a new drive-up drawer at its Montvale Branch location, which is now available for use. The addition of the new drive-up drawer gives customers another quick and easy way to carry out their banking needs while adding to the wealth of convenience services already offered though the bank.

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StonehamBank Flagship Sponsor for Stoneham Theatre 2011 Season

May 28, 2010

StonehamBank presented a check to Stoneham Theatre in the amount of $20,000 as the Flagship Sponsor of the Theatre’s 2011 season.

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StonehamBank Major Sponsor for Stoneham Little League 2010 Season

April 26, 2010

StonehamStoneham Little League proudly announced that this year’s Major Sponsor for their 2010 program is StonehamBank. 

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Card Alerts Now Available

April 14, 2010

StonehamBank has recently launched Card Alerts, a simple and easy way to stay connected to debit card transactions all through the convenience of a mobile phone.

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StonehamBank Launches Mobile Financial Services Powered By FIS

April 6, 2010

One of the world’s largest providers of banking and payments technology, today announced that StonehamBank has launched mobile banking and payment services using its Mobile Financial Services.

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StonehamBank Launches FinanceWorks

April 1, 2010

New online financial management solution provides complete financial picture to help consumers manage finances in a tough economy.

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Financial Check-Up at Billerica Senior Center On Tuesday, March 16th, StonehamBank will be at the Billerica Senior Center from 10-11 a.m.

March 2, 2010

On Tuesday, March 16th, StonehamBank will be at the Billerica Senior Center from 10-11 a.m. to hold a free Financial Check-Up. StonehamBank employees, including Billerica branch manager, Rebecca Scott will be on hand to educate seniors on the array of financial products and services available to them and to answer their banking questions.

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StonehamBank Helps Sponsor the Valentines Sweetheart Dinner Dance

February 11, 2010

On Thursday February 11th, 2010, the Billerica Community Alliance will hold the sixth annual Valentines Sweetheart Dinner Dance and StonehamBank is proud to be a full table sponsor. 

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$571 Raised for Buy a Bed Campaign

January 29, 2010

StonehamBank has proudly raised $571 for the Mission of Deed’s Buy a Bed Campaign. From November 17th through January 5th, customers, or anyone who visited the bank, had the opportunity to donate $1.00 towards this initiative. Each donation, with its accompanying donator name, was written on a paper bed to be displayed on the walls of the StonehamBank branches.

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StonehamBank Donates to the Stoneham Council on Aging

January 19, 2010

The town’s Board of Selectmen personally thanked StonehamBank President Janice Houghton and Stoneham Ford proprietor Alan Melkonian for donating $15,000 towards the purchase of a new Senior Center van.

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Billerica Pop Warner Program Receives $2500 Donation

November 9, 2009

StonehamBank, a longtime supporter of the Billerica Pop Warner program, proudly announced a donation of $2,500 to support the program this season. In addition, StonehamBank employees also volunteered their time to support the program by staffing the Snack Shack during Pop Warner games.

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StonehamBank Helps Homework Club

November 2, 2009

StonehamBank presented The Central School of Stoneham, Massachusetts with a check for $4,500 to support a wonderful initiative: The Homework Club. The Homework Club is an after school program that provides students in grades 3, 4, & 5 with personal and/or small group assistance with homework three nights during the school week.

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Montvale Branch Celebrates 10-year Anniversary

October 5, 2009

Over Columbus Day weekend, the main office of StonehamBank, located at 80 Montvale Avenue, celebrates its 10th year anniversary. 

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StonehamBank Celebrates Janice T. Houghton's 10th year as President and Chief Executive Officer

August 19, 2009

StonehamBank is currently celebrating Janice T. Houghton’s 10th year as President and Chief Executive Officer. Ms. Houghton began her career at StonehamBank behind the teller line in 1970. 

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Helping Our Troops Reaches Milestone with Help of StonehamBank

July 1, 2009

Helping Our Troops is thrilled to announce that they have recently hit the remarkable milestone of shipping 20 tons of items to the heroes stationed in Iraq and Afghanistan since the start of the program in the winter of 2006.

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StonehamBank Sponsors Stoneham Little League's 2009 Program

May 5, 2009

Stoneham Little League proudly announced that this year’s Major Sponsor for their 2009 program is StonehamBank. 

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StonehamBank Expands its Commercial Loan Department!

April 28, 2009

Janice T. Houghton, President and C.E.O. of StonehamBank, announced the recent appointment of Robert D. Brown to the position of Vice President of StonehamBank’s Commercial Lending Division and Edward F. Doherty, Jr., to the position of Vice President, Business Development/Commercial Loan Department of StonehamBank.

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Bill Olsen appointed Vice President of Commercial Lending

August 21, 2008

Janice T. Houghton, President and C.E.O. of StonehamBank, announced the recent appointment of Bill Olsen to the position of Vice President of StonehamBank’s Commercial Lending Division.

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