Personal Account Rates

Checking

Effective Date: Wednesday, January 23, 2019

Checking

Account Base Interest Rate
(Optimum Tier I & II)
Base APY
(Optimum Tier I & II)
Optimum Benefits
Tier II 1
Optimum Benefits
Tier III APY2
Optimum Benefits
Tier IV APY3
Optimum Interest
Checking
.05%.05%.05%.06%.10%

APY = Annual Percentage Yield

$10.00 minimum balance to open and earn Base APY. Fees may reduce earnings. Variable rate may change after account is opened. Certain other restriction may apply.

1Maintain a minimum average monthly checking balance of $3,000 or a minimum average monthly combined balance of $10,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn extra benefits. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

2Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

3Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

Savings

Effective Date: Wednesday, January 23, 2019

Savings

Account Base Interest Rate
(Optimum Tier I & II)
Base APY
(Optimum Tier I & II)
Optimum Benefits
Tier III APY1
Optimum Benefits
Tier IV APY2
Optimum
Savings
.05%.05%.06%.10%
Passbook
Savings
.05%.05%.06%.10%
Holiday Club
Account
.05%.05%.06%.10%
Vacation Club
Account
.05%.05%.06%.10%

APY = Annual Percentage Yield

$10.00 minimum balance to open and earn Base APYs. Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

1 Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

2 Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

Money Market

Effective Date: Wednesday, January 23, 2019

Money Market

Account BalanceInterest RateAPYOptimum Benefits
Tier III APY1
Optimum Benefits
Tier IV APY2
Optimum
Money Market
$0.00 - $24,999.990.50%0.50%0.51%0.55%
Optimum
Money Market
$25,000.00 - $99,999.990.75%0.75%0.76%0.80%
Optimum
Money Market
$100,000.00 - $249,999.991.10%1.11%1.12%1.16%
Optimum
Money Market
$250,000.00 and above1.70%1.71%1.72%1.76%

APY = Annual Percentage Yield

$1,000 minimum balance to open and earn Base APY. Fees may reduce earnings. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply.

1Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

2Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

Certificates of Deposit

Effective Date: Wednesday, January 23, 2019

Certificates of Deposit

Term Minimum Balance
to open & earn APY *
Base Interest Rate
(Optimum Tier I & II)
Base APY
(Optimum Tier I & II)
Optimum Benefits
Tier III APY1
Optimum Benefits
Tier IV APY2
3 months$1,000.000.05%0.05%0.06%0.10%
6 months$1,000.000.26%0.26%0.27%0.31%
9 months$1,000.000.40%0.40%0.41%0.45%
12 months$1,000.001.00%1.00%1.01%1.05%
15 months$1,000.000.60%0.60%0.61%0.65%
18 months$1,000.001.24%1.25%1.26%1.30%
24 months$1,000.000.70%0.70%0.71%0.75%
30 months$1,000.000.80%0.80%0.81%0.85%
36 months$1,000.000.85%0.85%0.86%0.90%
48 months$1,000.001.14%1.15%1.16%1.20%
60 months$1,000.001.98%2.00%2.01%2.05%

*APY = Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change without notice. $1,000 Minimum balance required to open and earn Annual Percentage Yield (APY). Select terms available for online account opening. 

1 Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.  Not available on the promotional 9 month CD.

2 Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.  Not available on the promotional 9 month CD.

Individual Retirement Accounts

Effective Date: Wednesday, January 23, 2019

Individual Retirement Accounts

Term Minimum Daily Balance
to earn APY
Base Interest Rate
(Optimum Tier I & II)
Base APY
(Optimum Tier I & II)
Optimum Benefits
Tier III APY1
Optimum Benefits
Tier IV APY2
3 months$1,000.000.05%0.05%0.06%0.10%
6 months$1,000.000.26%0.26%0.27%0.31%
9 months$1,000.000.40%0.40%0.41%0.45%
12 months$1,000.001.00%1.00%1.01%1.05%
15 months$1,000.000.60%0.60%0.61%0.65%
18 months$1,000.001.24%1.25%1.26%1.30%
24 months$1,000.000.70%0.70%0.71%0.75%
30 months$1,000.000.80%0.80%0.81%0.85%
36 months$1,000.000.85%0.85%0.86%0.90%
48 months$1,000.001.14%1.15%1.16%1.20%
60 months$1,000.001.98%2.00%2.01%2.05%

APY = Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subjected to change without notice. Minimum balance required to open and earn Annual Percentage Yield (APY)

1 Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.  Not available on the promotional 9 month IRA.

2 Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.  Not available on the promotional 9 month IRA.

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