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PRESS RELEASE
| FROM: | Robert H. Gaughen, Jr., President |
| Hingham Institution for Savings | |
| Hingham, MA (NASDAQ-HIFS) | |
| DATE: | October 18, 2011 |
| CONTACT: | William M. Donovan, Jr., Vice President (781) 749.2200 |
Hingham Savings Opens New Branch on Beacon Hill
HINGHAM MA – Hingham Savings has opened a new, full service branch at 80 Charles Street, Boston. This is the Bank’s 10th banking office, and it will provide in-person banking to Beacon Hill and Back Bay residents six days a week. The branch will have a 24-hour ATM, three teller and customer service stations, and a night deposit box.
The new Beacon Hill branch will be open Monday through Thursday, from 8:30 - 5:00, Friday from 8:30 - 6:00 and on Saturday from 9:00 -1:00
Sharon L. Rice will be Branch Manager. Ms. Rice brings more than 20 years of banking, relationship marketing and real estate experience to the position. Prior to joining HIFS, she worked with Center Development Corporation as Project/Sales Manager for luxury residential properties in Boston, and has also been affiliated with Boston Ballet, Bank of Boston and Citigroup, where she began her banking career in 1988. Mark Stevens will serve as Assistant Branch Manager at the new location. Mr. Stevens’ 25 years of banking experience includes Wainwright Bank and Cambridge Savings Bank, and he is active in several community outreach programs for financial literacy, entrepreneurship and mentoring for Boston’s inner-city youth.
Hingham Institution for Savings is a Massachusetts-chartered savings bank, incorporated in 1834. Headquartered in Hingham Massachusetts, it is one of the oldest banks in the Commonwealth, with assets over $1 billion, and 10 branches, several of which feature drive-through banking. Hingham Savings provides personal and business checking, online banking and bill payment, residential mortgages and commercial loan services to customers on the South Shore as well as Boston. The Bank’s main office is located at 55 Main Street, Hingham, Massachusetts 02043, phone (781) 749-2200, website: www.hinghamsavings.com. The Bank also maintains branch offices in South Hingham and the towns of Cohasset, Hull, Scituate, Weymouth, and Boston’s South End. The Bank’s shares of common stock are listed and traded on The NASDAQ Stock Market under the symbol HIFS.
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.
Hingham Institution for Savings
55 Main Street
Hingham MA 02043
Telephone: 781.749.2200
