Business Certificate of Deposit

Please vote on June 25th & Notice of Petition

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

Business Certificate of Deposit Features

Competitive rates
Fixed rates for length of term
Terms range from 6 to 60 months
Early withdrawal penalties apply
Automatic renewals
Deposits are fully insured by the Federal Deposit Insurance Corporation (FDIC) and Depositors Insurance Fund (DIF)

View Business CD Rates

Business Certificates of Deposit

Effective as of 6/11/2026

Term	Interest Rate	Annual Percentage Yield (APY)	Minimum to Open & Earn APY
6 months	0.35%	0.35%	$1,000.00
9 months - SPECIAL	3.78%	3.85%	$1,000.00
12 months	0.35%	0.35%	$1,000.00
17 months - SPECIAL**	3.45%	3.50%	$1,000.00
18 months	2.96%	3.00%	$1,000.00
24 months	3.20%	3.25%	$1,000.00
36 months	3.20%	3.25%	$1,000.00
60 months	3.20%	3.25%	$1,000.00
48 months	3.20%	3.25%	$1,000.00

APY=Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change without notice.

** Annual Percentage Yield (APY) is effective as of 04/29/2025. Term deposit rate and APY are fixed for the duration of the term. The minimum balance to open an account and obtain the APY is $1,000. Your account will automatically renew at maturity. Account must be opened with new funds only, not currently deposited with StonehamBank. Please see Renewal Policies in your account disclosures provided to you at account opening for renewal term information. Once the account is opened, no additional funds can be deposited. You may withdraw your full balance including all accrued interest before the account reaches maturity. However, if you withdraw any funds within the first 6 days after opening the account (or within 6 days after any partial withdrawal during the initial term), a penalty equal to 7 days interest will be charged. If your account hasn’t earned enough interest to cover the penalty, we will first deduct all accrued interest and then take the remaining amount from your principal. Accounts can be opened online at www.stonehambank.com, in a branch or through video banking. Subject to change without notice. Fees may reduce earnings. Interest is compounded and credited monthly. Open to Massachusetts and Southern New Hampshire residents only.