Personal Bank Account Rates

STONEHAMBANK DEPOSITORS ARE FULLY INSURED

All deposits are fully insured at StonehamBank through both FDIC and DIF.

Each depositor is insured by the FDIC to at least $250,000. All deposits above the FDIC insurance amount are insured by the Depositors Insurance Fund (DIF). The combination of FDIC and DIF insurance provides customers of our bank with full deposit insurance on all their deposit accounts. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF. Please Click Here to view our 2022 Annual Report.

Checking

Effective as of 3/23/2023

Account	Interest Rate	Annual Percentage Yield (APY)	Minimum Balance to Open and Earn APY
Optimum Plus Checking	.01%	.01%	$10
Optimum Student Checking	.01%	.01%	$10

APY = Annual Percentage Yield
Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

Savings

Effective as of 3/23/2023

Account	Interest Rate	Annual Percentage Yield (APY)	Minimum Balance to Open & Earn APY
Optimum Savings	.05%	.05%	$10.00
Optimum Student Savings	1.00%	1.00%	$10.00
Holiday Club Account	.05%	.05%	$10.00
Vacation Club Account	.05%	.05%	$10.00

APY = Annual Percentage Yield

Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.

For a full explanation of our fees, please refer to our Fee Schedule.

Money Market

Effective as of 3/23/2023

Balance	Interest Rate	Annual Percentage Yield (APY)
$0-$9.99	0.00%	0.00%
$10.00-$24,999.99	0.05%	0.05%
$25,000.00-$99,999.99	0.10%	0.10%
$100,000.00-$249,999.99	0.15%	0.15%
$250,000.00 and above	0.20%	0.20%

APY = Annual Percentage Yield

Fees may reduce earnings. Minimum balance to open and earn APY is $10.00. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply. Monthly maintenance fee of $5 is waived with a $2,500 average daily balance.

Plus One Money Market

Effective as of 3/23/2023

Balance	Interest Rate	Annual Percentage Yield (APY)
$0-$9.99	0%	0%
$10.00 and above	0.20%	0.20%

APY = Annual Percentage Yield

An Optimum Plus or Optimum One Checking Account is required to be eligible to open this account. Minimum balance to open and earn APY is $10.00.

Fees may reduce earnings. Interest compounded and credited monthly. Variable rate may change after account is opened. Certain other restrictions may apply.

Certificate of Deposit

Effective as of 3/23/2023

Term	Interest Rate	Annual Percentage Yield (APY)	Minimum to Open & Earn APY
6 months	0.35%	0.35%	$1,000.00	Open Account
9 months	4.17%	4.25%	$1,000.00	Open Account
12 months	0.35%	0.35%	$1,000.00	Open Account
18 months	4.17%	4.25%	$1,000.00	Open Account
24 months	0.55%	0.55%	$1,000.00	Open Account
36 months	4.17%	4.25%	$1,000.00	Open Account
48 months	0.80%	0.80%	$1,000.00	Open Account
60 months	1.00%	1.00%	$1,000.00	Open Account

APY = Annual Percentage Yield

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

Individual Retirement Accounts (IRA)

Effective as of 3/23/2023

Term	Interest Rate	Annual Percentage Yield (APY)	Minimum to Open & Earn APY
6 months	0.35%	0.35%	$1,000.00
9 months	4.17%	4.25%	$1,000.00
12 months	0.35%	0.35%	$1,000.00
18 months	4.17%	4.25%	$1,000.00
24 months	0.55%	0.55%	$1,000.00
36 months	4.17%	4.25%	$1,000.00
48 months	0.80%	0.80%	$1,000.00
60 months	1.00%	1.00%	$1,000.00

APY = Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change.

Individual Retirement Accounts (IRAs) are subject to limitations and/or penalties imposed by the Internal Revenue Service.