Don’t forget to take the online banking survey for your chance to win a $100 Visa^® gift card!*

To enter please visit the website address provided at the end of the survey.
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* No purchase or payment of any kind is necessary to enter to win this contest. A purchase will not improve your chances of winning. Sweepstakes (the “enter to win”) is only open to legal residents of the U.S. and the District of Columbia and is void where prohibited by law. Entrants must be 18 years of age or older. Persons submitting entries need not be a customer of the bank to enter. Being a customer of the bank will not improve your chances of winning. Employees of StonehamBank (the “Sponsor”) and their respective affiliates, subsidiaries, advertising and promotion agencies, suppliers and their immediate family members and/or those living in the same household of each are not eligible to participate in the Sweepstakes. The Sweepstakes is subject to all applicable federal, state and local laws and regulations. The sponsor’s address is 80 Montvale Avenue, Stoneham, MA 02180. All entries must be received by 5:59PM on May 28th, 2021. The winner of the Sweepstakes will be selected in a random drawing under the supervision of StonehamBank. The winner will be selected on June 4th, 2021. The winner will be notified via email to the email address they entered within five (5) days following the winner selection. The odds of winning are determined by the number of entries. StonehamBank shall have no liability for a winner’s failure to receive notices due to the winners’ spam, junk e-mail or other security settings or for winner’s provision of incorrect or otherwise non-functioning contact information. If the selected winner cannot be contacted, is ineligible, or fails to claim the prize within 15 days from the time the award notification was sent, the prize may be forfeited, and an alternate winner selected. The retail value of the Visa® Gift Card is $100.00. The winner is solely responsible for any federal, state and local taxes, and must provide the sponsor with a valid social security number or taxpayer identification number before the prize will be awarded. A form 1099 will be issued to the winner. Brands mentioned are not sponsors or participants in this promotion.

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StonehamBank Promotes "Teach Children to Save Day"

April 24, 2012

In observance of Teach Children to Save Day on April 24, StonehamBank is encouraging local families to recognize the day by communicating the value of saving money to the young people in their lives.

Education and hands-on money experience are critical to ensuring a new wave of smart money managers, and we want parents to know that saving is important and everyone can do it, even kids.

StonehamBank offers the following tips for raising money-smart kids:

Set the example of a responsible money manager by paying bills on time, being a conscientious spender, and an active saver. Children tend to emulate their parents’ personal finance habits.
Talk openly about money with your kids. Communicate your values and experiences with money. Encourage them to ask you questions, and be prepared to answer them – even the tough ones.
Explain the difference between needs and wants, the value of saving and budgeting and the consequences of not doing so.
Open a savings account for your children and take them with you to make deposits, so they can learn how to be hands-on in their money management.
Let friends and family know about your child’s savings goal. They’ll be more likely to give cash for special occasions, which means more trips to the bank.
Engage your community. Many schools, banks and community organizations share your commitment to creating a money-savvy generation. Engage a coalition of support to provide youth with the education they need to succeed.

Since its inception in 1997, the American Bankers Association Education Foundation’s Teach Children to Save Day has reached more than 5 million young people with the help of some 120,000 plus banker volunteers.

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