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. 

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Remote Deposit Capture

Skip an added trip to your local branch. Scan checks on location and securely transmit electronically for deposit.

Remote Deposit Capture1 Features

  • Save Time: Prepare deposits faster and eliminate time consuming trips to your local branch
  • Accelerate Cash Flow: Get checks deposited faster and get access to your funds sooner

  • Improve Reporting: View copies of deposited checks and download reports to Excel or as PDFs

  • Save Money: Utilize staff more effectively and eliminate costly courier fees by reducing trips to the bank




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