StonehamBank Ranks among Fast Fifty in Banker & Tradesman

Stoneham, MA (OCT 2024) –CEO/President Edward F. Doherty Jr. recently announced that StonehamBank’s Commercial Lending Department recently ranked in the top fifty of Banker & Tradesman Fast Fifty for 2024.

The annual ranking compiles data collected by The Warren Group’s mortgage market share module…comparing the number and volume of loans from January to June 2023 and the same time period in 2024. StonehamBank ranked #6 for Growth in Commercial Loan units and #15 for Growth in Commercial Loan volume statewide. Commercial rankings had a minimum of three loans and a minimum of $1million in loan volume in both years.
“I’m incredibly proud of our team’s dedication and hard work which has earned us a place among the top fifty of the Banker & Tradesman Fast Fifty for 2024. This achievement reflects not only our commitment to excellence but also our unwavering focus on supporting businesses and communities with the financing they need to thrive,” said Kevin Marquis, Senior Vice President, Chief Commercial Lending Officer. “We will continue to provide personalized solutions and exceptional service as we build on this momentum.”
StonehamBank’s lenders represent over 32 years of experience in the commercial lending field. They are committed to taking borrowers from initial application through closing and beyond, using products that provide financial flexibility for growth and goal success.
For more information about StonehamBank’s Commercial Lending program visit https://www.stonehambank.com/b...
ABOUT STONEHAMBANK
StonehamBank is a full-service community bank offering state of the art products and services to residents and businesses throughout eastern Massachusetts and southern New Hampshire. With over 137 years of banking experience, StonehamBank provides progressive products and convenience services, and believes in making a difference in the community through its Community Involvement Program and Charitable Foundation. Member FDIC. Member DIF. Equal Housing Lender. For more information on StonehamBank, please visit www.stonehambank.com or call directly at 888-402-2265