StonehamBank, A Co-operative Bank

Headquarters

80 Montvale Ave
Stoneham, MA 02180
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Notable Rates	APY	Vs.Others
Savings	1.00%	4.60% →
1-Year CD	0.35%	4.59% →
2-Year CD	3.50%	4.25% →
5-Year CD	3.50%	4.15% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

Overview
Deposit Rates
Loan Rates
Branches
Climate
Financial Details
FAQs
Reviews

2025 Overview

General Bank Information

StonehamBank, A Co-operative Bank is an FDIC insured institution located in Stoneham, MA. It was founded in 1887 and has approximately $0.83 billion in assets. Customers can open an account at one of its 2 branches.


FDIC Insured	Yes
FDIC Certificate	# 26559
Date Established	1887
Assets	$ 825.04 million
Loans	$ 662.34 million
Deposits	$ 718.04 million
Capital	$ 60.89 million

For a more detailed analysis of StonehamBank, A Co-operative Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - April 15, 2025

Your Current Location: Massachusetts, MA 10007

Savings and Money Market Rates	APY	MIN	MAX
SAV	0.05%	$10	-	Learn More Reviews
Optimum Student Savings	1.00%	$11	-	Learn More Reviews
Money Market	0.05%	$10	$24,999	Learn More Reviews
Money Market	0.10%	$25,000	$99,999	Learn More Reviews
Money Market	0.15%	$100,000	$249,999	Learn More Reviews
Money Market	0.20%	$250,000	-	Learn More Reviews

CD Rates	APY	MIN	MAX
6 Mo CD	0.35%	$1,000	-	Learn More Reviews
7 Month CD Special	4.15%	$1,000	-	Learn More Reviews
9 Month CD	4.00%	$1,000	-	Learn More Reviews
12 Mo CD	0.35%	$1,000	-	Learn More Reviews
15 Month CD Special	3.75%	$1,000	-	Learn More Reviews
18 Mo CD	3.50%	$1,000	-	Learn More Reviews
24 Mo CD	3.50%	$1,000	-	Learn More Reviews
36 Mo CD	3.50%	$1,000	-	Learn More Reviews
48 Mo CD	3.50%	$1,000	-	Learn More Reviews
60 Mo CD	3.50%	$1,000	-	Learn More Reviews

Fixed IRA Rates	APY	MIN	MAX
7 Month CD Special	4.15%	$1,000	-	Learn MoreShow Less
9 Month CD	4.00%	$1,000	-	Learn MoreShow Less
15 Month CD Special	3.75%	$1,000	-	Learn MoreShow Less

Int Checking Rates	APY	MIN	MAX
INTCK	0.01%	$10	-	Learn MoreShow Less

Checking Rates	APY	MIN	FEE
Optimum Simple Checking	0.00%	$0	$0.00	Learn MoreShow Less
Optimum Plus Checking	0.00%	$25	$15.00	Learn MoreShow Less

Loan Rates - April 15, 2025

Your Current Location: Massachusetts, MA 10007

There are currently no loan rates available for StonehamBank, A Co-operative Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Massachusetts 30 Year Fixed Mortgage Rates 2025

Lender	APR	Rate (%)	Monthly Payment	Learn More
NMLS ID: 292473	6.501%	6.375% 0.75 points $4,229 fees	$1,997	Learn More
NMLS ID: 1067	6.686%	6.625% 0.63 points $2,035 fees	$2,049	Learn More
NMLS ID: 1025894	6.735%	6.625% 0.88 points $3,625 fees	$2,049	Learn More
NMLS ID: 2326098 License#: MC2326098	6.763%	6.625% 0.88 points $4,766 fees	$2,049	Learn More

See More Mortgage Rates →

Featured - Massachusetts Home Equity Line Of Credit Rates 2025

Lender	APR (%)^?	Monthly Payment^?	Learn More
Eastern Bank See Table	Intro APR 6.990 % After Intro: 6.990 %	$25,000	Learn More More Info
The Annual Percentage Rate (APR) is variable and based on the Prime Rate (Prime) published in the Wall Street Journal (7.50% APR on 4/1/2025) minus 0.51% APR adjusted after each billing cycle. To qualify for the lowest rate, a minimum draw of $25,000 is required at closing with automatic payments from an Eastern Checking Account. This offer is not available to customers having an existing FlexEquity account [as of April 1, 2025] that was opened after February 1, 2023. Minimum APR is 3.99%. Maximum APR is 18%. Minimum line amount is $10,000 and maximum line amount is $2,000,000. Must be for first or second lien, secured by your 1-4 family primary or secondary residence located in MA, NH, RI and CT. Investment properties are not eligible to be used to secure the line. Combined loan to value limits apply. Property insurance is required. Flood insurance may be required. Subject to credit application and approval. Rates are subject to change without notice. For a limited time, Eastern Bank will pay for appraisal fees when the appraisal is required by the Bank. To qualify for a free appraisal, you must submit your application between 4/1/2025 and 4/30/2025. Appraisal fees range from $490 for single family homes to $610 for multifamily properties but could be higher. Title Search is paid by Eastern Bank as is Title Insurance unless the amount borrowed is greater than $750,000 then customer may incur a title Insurance fee, the fee varies by loan amount and state (CT, MA, NH & RI). Certain fees could apply depending on your situation. Customer is responsible for trust and power of attorney review ($100 each), recording fees for power of attorney and for properties held in trust ($105- $123). A list of fees is available upon request. A $350 early cancellation fee applies if the line is closed or rewritten within the first 24 months. Subject to a $50 annual participation fee (waived for Premier, Private Bank or Select Checking account customers). Simple online applications means you can apply anywhere. Ability to convert your variable rate into as many as five fixed-rate loans. For a limited time, no appraisal fees, no closing costs! Easy access to funds through your phone or online.
Figure Home Equity See Table	Intro APR 7.300 % After Intro: 7.300 %	$15,000	Learn More More Info
Available APRs range from 6.65% - 15.40*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Flexible terms, borrow $15K-$400K, redraw up to 100% Use to consolidate debt or finance your next home project 100% digital app & automated valuation Largest non-bank HELOC lender in the US
Reliant Home Funding, Inc See Table	Intro APR 7.300 % After Intro: 7.300 %	$15,000	Learn More More Info
Available APRs range from 6.60% - 14.15*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(The advertised APR includes enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Consumers wishing to file a complaint against a mortgage company or a licensed residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed mortgage company. Relationships Rule: Transactions end, Relationships remain Accountability is Personal: Reflection before Projection Service through Knowledge: Great service means great understanding Evolve to Excel: We need to adapt and improve to succeed

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Note to StonehamBank, A Co-operative Bank
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Branches

StonehamBank, A Co-operative Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Chelsea,Massachusetts

StonehamBank, A Co-operative Bank Locations around zip code 10007

Branch	Distance	Map	View Lobby Hours
Stonehambank, A Co-Operative Bank	7.11	A	View Lobby Hours
Billerica Branch	16.16	B	View Lobby Hours

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Climate Policy and Initiatives

StonehamBank, A Co-operative Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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Financial Details

StonehamBank, A Co-operative Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of StonehamBank, A Co-operative Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

StonehamBank, A Co-operative Bank	U.S. Bank Average
1.58%	4.63%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2024, StonehamBank, A Co-operative Bank had $1,066,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $60,890,000 in equity and $6,743,000 in loans loss reserves. That gives it a Texas Ratio of 1.58%.

Return on Equity

StonehamBank, A Co-operative Bank	U.S. Bank Average
2.4%	10.10%

StonehamBank, A Co-operative Bank has a Return on Equity of 2.4% versus the BestCashCow average of 10.10%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization

StonehamBank, A Co-operative Bank	U.S. Bank Average
7.38%	11.02%

StonehamBank, A Co-operative Bank has a Capitalization of 7.38% versus the BestCashCow average of 11.02. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

StonehamBank, A Co-operative Bank Balance Sheet Analysis

As of December 31, 2024, StonehamBank, A Co-operative Bank had assets of $825,042,000, loans of $662,338,000, and deposits of $718,035,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2024

ASSETS
Cash & Balances due from depository institutions	$ 50.73 million
Interest-bearing balances	$ 48.88 million
Total securities	$ 87.12 million
Federal funds sold and reverse repurchase	N.A.
Net loans and leases	$ 662.34 million
Loan loss allowance	$ 6.74 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	N.A.
Goodwill and other intangibles	$ 0.37 million
All other assets	$ 13.44 million
Total Assets	$ 764.15 million

LIABILITIES
Total deposits	$ 718.04 million
Interest-bearing deposits	$ 624.03 million
Deposits held in domestic offices	$ 718.04 million
% insured (estimated)	76.91%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	$ 79.12 million
Subordinated debt	N.A.
All other liabilities	$ 2.33 million
Total Liabilities	$ 764.15 million
Shareholders’ Equity	$ 60.89 million

Summary Income Statement

December 31, 2024

INCOME AND EXPENSES
Total Interest Income	$ 36.69 million
Total Interest Expense	$ 19.37 million
Net interest income	$ 17.32 million
Provision for loan and lease losses	$ 0.11 million
Total non interest income	$ 3.58 million
Total non interest expense	$ 19.07 million
Pre-tax Net Operating Income	$ 1.99 million

Bank Loan Profile^?

The top three loan types in StonehamBank, A Co-operative Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Commercial and Industrial Loans.

Compared to other banks, StonehamBank, A Co-operative Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

	% Loans	% Comparison to Other Banks
		Low	Med	High
1-4 Family Residential Loans	33.37		✓
Multifamily Mortgages	9.08		✓
Credit Card Loans	0.00	✓
Consumer Auto Loans	0.00	✓
Small Business Loans	8.89		✓
Construction and Development Loans	4.71		✓
Commercial Real Estate	27.31		✓
Commercial and Industrial Loans	9.97		✓
Farm Loans	0.00	✓

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