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About Hingham Institution for Savings
A legacy of community spirit

Neighbors helping neighbors is the cornerstone of our success within the communities we serve. We've had the privilege of providing banking services to the communities of the South Shore for more than 175 years.

Hingham Institution for Savings first opened its doors for business in 1834. Deposits were accepted at David Harding's store on North Street on the last Saturday of the month from 10:00-12:00. On the Bank's first day, 57 people came to deposit a total of $2,430.00. The first depositor was Abiel Cudworth, Jr. of Scituate who deposited $60.00 followed by Daniel Basset who later became Bank president. In an article published by the Hingham Gazette on the opening day of the Bank, our founders explained their reasons for establishing a savings bank: "Parents, by making their children depositors, can teach them the advantages of savings habits and lessons of economy which may be remembered throughout life."

As we have grown, we have remained committed to expanding our resources to a total of 9 branches located in Hull, South Hingham, Cohasset, North Scituate, South Weymouth, Norwell, Boston's South End and Beacon Hill.

We continue to build upon our reputation as a fair and well-respected community bank, as we approach $1 billion in assets and 32,000 deposit accounts. Our products and services share a single mission. Whether the account relationship is a personal or commercial real estate loan, a non-profit concern, or a child's savings account, we are consistently forthcoming in our commitment. We believe in strong and vibrant communities and the building blocks that create them: personal service, sound business leadership and community spirit.

 

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Copyright 2007 Hingham Institution for Savings. All rights reserved. Member FDIC/Member DIF The FDIC insures all deposits up to $250,000 per depositor. All deposit amounts above the FDIC limits are insured in full by the Depositors Insurance Fund.
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Hingham Institution for Savings
55 Main Street
Hingham MA 02043
Telephone: 781.749.2200

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