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National Association of Japan-America Societies

Nonprofit • HIFS Customer since 2019
"We were drawn, quite practically, to the deposit insurance facility that Hingham Savings offers, which effectively extends capital protection from the standard federal guarantee and enables a busy association to conveniently concentrate funds for ease of operation. We came for the facility; we stayed for the service!" — Andrew Wylegala, President, NAJAS

Why They Chose Hingham

The National Association of Japan-America Societies (NAJAS) is a nationwide non-profit network dedicated to strengthening ties between the United States and Japan. Operating with a lean team of three out of Washington, D.C., NAJAS coordinates 40 individual societies across 30 states—many run entirely by volunteers—supporting grassroots programming that spans cultural arts, policy dialogues, and bilateral economic development.

Managing nationwide funding with a compact operational footprint requires both administrative efficiency and maximum capital protection. NAJAS originally partnered with Hingham Institution for Savings over 15 years ago to take advantage of the Depositors Insurance Fund (DIF), which provides full coverage on all deposit balances above the federal FDIC limit. This extended protection allowed NAJAS to securely consolidate operational capital in one place, streamlining nationwide financial management. Paired with Hingham’s responsive, high-touch service, the long-standing relationship allows NAJAS to keep its full focus on building ties between communities from coast to coast.

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  • Market:

    Nonprofit

  • Services Used:

    Business Checking, Business Online, ACH, eStatements, Money Market, CD

Relationship Manager
Selam Eyassu

Selam Eyassu

VP - Relationship Manager, Specialized Deposit Group

Why They Chose Hingham

The National Association of Japan-America Societies (NAJAS) is a nationwide non-profit network dedicated to strengthening ties between the United States and Japan. Operating with a lean team of three out of Washington, D.C., NAJAS coordinates 40 individual societies across 30 states—many run entirely by volunteers—supporting grassroots programming that spans cultural arts, policy dialogues, and bilateral economic development.

Managing nationwide funding with a compact operational footprint requires both administrative efficiency and maximum capital protection. NAJAS originally partnered with Hingham Institution for Savings over 15 years ago to take advantage of the Depositors Insurance Fund (DIF), which provides full coverage on all deposit balances above the federal FDIC limit. This extended protection allowed NAJAS to securely consolidate operational capital in one place, streamlining nationwide financial management. Paired with Hingham’s responsive, high-touch service, the long-standing relationship allows NAJAS to keep its full focus on building ties between communities from coast to coast.

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