$100 for them,
and $100 for you.

The referring customer must have an existing StonehamBank personal checking account. For the referring customer to receive the Refer-a-Friend bonus, the newly referred personal checking customer must meet all offer requirements. By participating in this program, each party may be aware that the other is a StonehamBank customer. 

¹To qualify for the $100 Refer-a-Friend Bonus, the newly referred personal checking customer must open any StonehamBank personal checking account at a StonehamBank location or through video banking. Within 90 days of the account opening date, the newly referred customer must receive a qualifying direct deposit of at least $250 into the new checking account. Qualifying direct deposits include paychecks, pensions, government benefits (such as Social Security), or other eligible regular monthly income from employers or the government, electronically deposited into the checking account, with a minimum of $250 each. Transfers between StonehamBank accounts and accounts at other financial institutions or brokerages do not qualify. The referred customer must provide completed Refer-a-Friend paperwork upon account opening and must not have any existing or prior personal checking accounts with StonehamBank within the previous 12 months. Once the offer requirements are met, the $100 bonus will be credited into the new personal checking account and the referring customer’s personal checking account within 120 days from the new account opening date. Both accounts must remain open, active, and in good standing to receive the bonus. In the event of the checking account’s closure by the referrer, referee, or StonehamBank within 6 months of the account opening, StonehamBank reserves the right to deduct the bonus amount from any of the involved accounts upon closure. StonehamBank may issue an IRS Form 1099-INT or other appropriate forms reporting the value of the bonus. The offer is subject to change and may be withdrawn at any time.