Your Way 17-Month CD | Stonehambank

Thanksgiving Day and App Update

All StonehamBank offices will be closed on Thursday, November 27th in observance of Thanksgiving Day. As always, our ATM's, Online and Mobile Banking will be available for your convenience.

REMINDER: A new and improved Card Control app is coming on December 9th, giving you more control, convenience, and security over your StonehamBank debit card. An update is required for iOS users to access the new features.

If you need assistance or have any questions, our team is here to help—please call us at 888-402-2265. We’re happy to assist!

Staying in control is a non-negotiable when it comes to growing your savings. And at StonehamBank, we get that. Our Your Way CD relieves the stress of locking your hard-earned money away while delivering more growth than a standard savings account. This is savings done your way!

Your Way CD account: Giving you the flexibility and security you deserve.

flexible withdrawals

3.50% APY^*

17-Month CD

This account must be opened with NEW FUNDS only, not currently deposited with StonehamBank.

We believe you deserve MORE than just a standard savings option and we also understand you’re a real person dealing with real life. With the Your Way 17-month CD, you get the best of both worlds: a high yield Certificate of Deposit with the freedom to make penalty free* withdrawals during the term.

Stay in control of your savings journey.

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Doing it Your Way has its benefits

Flexible Withdrawals

Access your funds when life happens: Don’t sweat the leaky roof, or bald tires, we’ll let you withdraw your money when you need it.

Competitive Interest Rate

Let your money grow safely and faster than in a standard savings account with a great rate from StonehamBank.

FDIC and DIF Insured

Your savings will always be secure and growing.

Passive Savings

No need to constantly be moving money, refreshing pages and monitoring rates. A CD is a great way to sit back and watch your money grow.

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Check in on your checking.

Your checking account is your tool for making everyday spending easier, and more affordable. If you’re already satisfied with your savings, finding a checking account that saves you money on fees and daily purchasing is a great way to add to your savings strategy. StonehamBank has checking accounts for you to choose from to make your everyday life just a little easier.

We’re ready to help you save Your Way!

* Annual Percentage Yield (APY) is effective as of 04/29/2025. Term deposit rate and APY are fixed for the duration of the term. The minimum balance to open an account and obtain the APY is $1,000. Your account will automatically renew at maturity. Account must be opened with new funds only, not currently deposited with StonehamBank. Please see Renewal Policies in your account disclosures provided to you at account opening for renewal term information. Once the account is opened, no additional funds can be deposited. You may withdraw your full balance including all accrued interest before the account reaches maturity. However, if you withdraw any funds within the first 6 days after opening the account (or within 6 days after any partial withdrawal during the initial term), a penalty equal to 7 days interest will be charged. If your account hasn’t earned enough interest to cover the penalty, we will first deduct all accrued interest and then take the remaining amount from your principal. Accounts can be opened online at www.stonehambank.com, in a branch or through video banking. Subject to change without notice. Fees may reduce earnings. Interest is compounded and credited monthly. Open to Massachusetts and Southern New Hampshire residents only.