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Beantown Magazine
Discover Greater Boston and the Businesses That Drive It
Banks & Credit Unions · Melrose

StonehamBank

About

StonehamBank is a community bank listed with the Melrose Chamber of Commerce, and it has been at the core of its community for more than 135 years, helping to drive financial success and encourage economic stability. Its pitch is local banking you can take anywhere: a robust suite of services and digital tools, backed by help that is always standing by, including video banking that lets customers meet with a banker from home.

The bank says its community comes first. Supporting civic and charitable organizations is a central part of its corporate values, it makes it a priority to back local groups that encourage the well-being of neighbors, and up to 10 percent of its profits go to causes that benefit people in the community. Customers can reach staff by phone, live chat or text during business hours, or use a 24/7 chatbot.

What to Know

  • Deposits are FDIC insured.
  • Debit cards are covered by 24-hour fraud monitoring.
  • Meetings with a representative can be scheduled online.
  • The bank’s branches include one in Billerica.

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