Stoneham Savings Bank
We are pleased to announce that
Stoneham Savings Bank is now a
division of Salem Five Bancorp.
For more information click here.
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Business Banking Services

Business Banking Services

Stoneham Savings Bank offers a complete set of business banking tools, including cash management services

ATM/Visa Check Cards allow you and your employees to conduct business without the hassles of check writing. Funds for expenditures are conveniently deducted from your Stoneham Savings Bank Business Account.

Cash Management includes sweep services, online transfers, zero balance accounts, online banking, online bill payment and remote check deposit service.

Loan Payments can be conveniently made at any of the Bank's branch locations.

Merchant Credit Card converts your sales quickly to cash. This program will help your business remain competitive through the acceptance of major credit cards from your customers. Rates and terms are flexible and individually packaged based upon your company's overall transaction size and volume.

Wire Transfers provide a quick and easy means to transfer funds electronically to another financial institution for the subsequent credit to another party named within your instructions.

Business Insurance is available through New England Heritage Insurance Agency Group, Inc., a wholly owned subsidiary of Stoneham Savings Bank. Insurance lines include commercial packages and bonds, business income, commercial automobile, general liability, and workers' compensation.

Other Services:

  • Night Depository
  • Telephone Banking
  • Corporate Credit Card
  • Automated Clearing House
  • Coin Counting Machines (Main Office, Malden Branch)
  • Commercial Lockbox
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