StonehamBank

Identification Required to Open a New Account
Description of your identification policy: 
Standard know your customer practices
IDs acceptable to open account: 
Yes
What other IDs are valid to open an account: 
U.S. Military ID Common Access Card (with photo).
What other IDs are valid to open an account: 
U.S. Armed Forces ID.
Other forms of identification that are valid to open an account: 
Current Drivers License with photo, or current passport with photo ID.
Savings Account Features
Monthly Maintenance Fee: 
Free, no monthly maintenance fee.
Minimum opening deposit: 
$10.00
Ability to have an automatic transfer (auto-save) from other accounts: 
No
Minimum balance required to keep the account open: 
$10.00
Considers Chexsystems if less than 6 months: 
Yes
Other Bank Products and Services
Outgoing International wire transfers: 
Yes
Remittances to foreign countries available: 
Yes
Free On-Line Banking: 
Yes
Cost for money orders: 
$3.00
Mobile banking available: 
Yes
Monthly statements : 
No additional cost
"Help" phone line hours: 
Contact Center has same hours as branch locations. 888-402-2265
Language assistance available (not necessarily in person): 
Yes
Languages: 
Spanish Portuguese
Incentives available for completing financial education training: 
BAI Training Courses, and others.
 

 

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