Tools and Resources - StonehamBank

Please vote on June 25th/Notice of Petition & Juneteenth

NOTE: All StonehamBank offices will be closed on Friday, June 19th in observance of Juneteenth. Our ATMs, Online and Mobile Banking will be available for your convenience.

The Bank will be conducting a Special Meeting of Depositors for the purpose of reorganizing from a Mutual Co-operative Bank to a Mutual Holding Company structure.The meeting will be held on: Thursday, June 25, 2026 at 8:30am at the Marriott Courtyard Unicorn Park 700 Unicorn Park Drive Woburn, MA 0180. The polls will remain open until 5:30pm. READ MORE

StonehamBank has filed a petition with the Commonwealth of Massachusetts Division of Banks seeking approval to reorganize the Bank into a mutual holding company structure. LEARN MORE

We're excited to announce our new branch opening at 25 Main Street - North Reading.
READ ANNOUNCEMENT

What is a Corporate Account Takeover?

Corporate Account Takeover occurs when cybercriminals gain unauthorized access to business accounts using various online tools. These tools range from emails and social engineering techniques to computer intrusion via the installation of malware. Leveraging these tools, cybercriminals can access online banking accounts and gather applicable information to conduct financial crimes.

BOLO – Be on the Lookout

Fraudsters are known to target key individuals from institutions, where they craft an email impersonating a legitimate email and direct employees to conduct wires, making changes to direct deposit information or make payments.
According to the FBI, business email is being compromised at an all-time high and exposed losses are increasing every year.

Protect Yourself and Your Company

You can protect yourself and your company by deploying technical and operational controls:

Technical controls include the use of a firewall, antivirus, patching, and dedicated PC to perform banking activities.
Operational Controls include reviewing daily account activity, reconciling accounts, enrolling in bank alerts via email or text, and setting dual controls.