Personal Loan

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.

Cash Reserve (Overdraft Protection)

As your neighbor and financial partner, we offer a cash reserve line of credit as a way to give you added protection from overdrawing your checking account. Subject to credit approval.

ECOA: Under the Federal Equal Credit Opportunity Act and Massachusetts State Law, it is illegal to discriminate in any credit transaction on the basis of race, color, religion, national origin, ancestry, sex, gender identity, sexual orientation, marital status, children, handicap, age (provided that the applicant has the capacity to enter into a binding contract), because all or part of the applicant’s income derives from any public assistance program or because a right was exercised in good faith under the Consumer Credit Protection Act.

USA Patriot Act: To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account or creates a new customer relationship with our bank.