Simple Checking - StonehamBank

Important Notice for Stoneham Branch

Our Stoneham Branch continues to be impacted by the ongoing culvert construction project on Montvale Ave. Access to the branch remains open during this construction period. To ensure you stay up to date on any changes or developments, we encourage you to check for the latest update here. We apologize for any inconvenience this construction project may cause and appreciate your understanding and patience. If you have any questions, please feel free to reach out to our Customer Contact Center at 888.402.2265.

Simple Checking Features

No monthly maintenance fee¹
Easily Pay Bills, Transfer Money, and Deposit Checks
Send money in minutes to friends and family with Zelle^®²
Efficiently manage all of your finances in one place with our personal finance management tool
50% off first order of Basic Style Checks
Access to 55,000+ surcharge-free Allpoint® and SUM Network® ATMs
Up to $10 in monthly ATM surcharge reimbursements
24/7 Account Access with our online and mobile banking services
International buying power with our Visa® Debit Card

This is a non-interest-bearing account. $10 minimum balance to open account.

¹For a full explanation of our fees, please refer to our Fee Schedule.

² Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Transactions typically occur in minutes when the recipient’s email address or U.S. mobile number is already enrolled with Zelle.

Effective as of 9/27/2023

Account Feature	Optimum One Checking	Optimum Plus Checking	Simple Checking	Optimum Student Checking²
Minimum Opening Deposit	$10	$10	$10	$10
Monthly Fee	$10*	$15**	$0	$0
Earns Interest		.01% APY⁴		.01% APY⁴
Unlimited Worldwide ATM Surcharge Fee Reimbursement	✔	✔	Access to 55,000+ Surcharge-free Allpoint and SUM Network ATMs¹	✔
Personal Finance Management Tool	✔	✔	✔	✔
Free Cashiers Checks and Money Orders	✔	✔
24/7 Account Access with Online & Mobile Banking	✔	✔	✔	✔
Discount on Checks	50% off first order of Basic Style Checks	Free Basic Style Checks	50% off first order of Basic Style Checks	Free Mini-Pak³
International Buying Power with Visa^® Debit Card	✔	✔	✔	✔
Cash Reserve Annual Fee Waived		✔
	Learn More	Learn More	Learn More	Learn More

*Monthly maintenance fee waived with one of the following: Maintain monthly direct deposit of $500, maintain an average daily balance of $1,500, or use your debit card 5 times per month for Point of Sale Transactions not ATM.

**Monthly fee of $15 is waived if the average daily balance in your checking is $10,000 or greater or if your combined checking, savings, money market, CD and IRA balances are $25,000 or greater.

¹ ATM Transactions (surcharge) credited back to a maximum of $10.00 cycle credit.

2 Primary account holder must be 22 years of age or younger but not younger than the age of 13. Upon the primary account holder reaching the age of 23, the account will convert to a Simple Checking Account with all terms and conditions in effect at the time.

3 Mini-Pak include 25 checks

4 Annual Percentage Yield (APY) is effective 08/02/2023. $10 inumum balance is required to open account and earn interest. Fees may reduce earnings. Variable rate may change after account is opened. Certain restrictions may apply.