HIFS-Board-of-Directors-2014

 

Hingham Institution for Savings is the oldest financial institution in Hingham and one of the oldest continuously operating banks in the United States. We have eleven branches located on Massachusetts’ South Shore, in Boston’s South End and Beacon Hill, and on the Island of Nantucket. We have over $1.6 billion dollars in assets and serve nearly 20,000 customers. We provide simple banking and honest value to our customers, our shareholders, and our employees and we’ve done so for over 180 years.

We first opened for business in 1834, when deposits were accepted at David Harding’s general store on North Street in Hingham. In an article published by the Hingham Gazette on the opening day of the Bank, our founders explained their reasons for opening 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.” Although we have long since outgrown Mr. Harding’s general store, we have not outgrown the focus on community, on family, and on local businesses. We are proudly independent and remain committed to preserving and expanding the legacy established at Hingham.

We enjoy deep, long-term relationships with many of our customers – we are quite literally invested in their success. Many of our customers are also long-term shareholders in the Bank and we know them from our active participation in the civic life of the communities in which we operate. They are our neighbors and friends, as well as our partners and customers. In this our 181st year of business, we have every intention of continuing to earn the trust they have placed in us. If you are not already a customer or a shareholder, we invite you to learn more here and stop by to meet us.

Robert H. Gaughen Jr. 
President and Chairman of the Board

Patrick R. Gaughen
Executive Vice President  

 

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