CONCORD, Mass. — Stoneham Savings Bank said Tuesday that it has agreed to buy the New England Heritage Insurance Agency.

New England Heritage, of Wakefield, Mass., is to be merged with the Robert F. O’Neill Insurance Agency of Stoneham, Mass., said Gerald C. Vigneron, managing director of North Bridge Advisors Inc. The Concord firm advised $244 million-asset Stoneham Savings, which has five branches, in the O’Neill and New England Heritage deals.

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