Business Savings Accounts

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.

Business Savings

Effective as of 3/23/2023

Interest Rate	Annual Percentage Yield (APY)	Minimum Balance to Open & Earn APY
0.05%	0.05%	$10.00

APY=Annual Percentage Yield

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

Business 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 - $99,999.99	0.10%	0.10%
$100,000.00 - $499,999.99	0.15%	0.15%
$500,000.00 and above	0.20%	0.20%

APY=Annual Percentage Yield

Minimum balance to open and earn APY is $10.00.

Business 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
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