Jeff Bruce and Mat Glauninger were looking for a bank that took the time to understand their business. They take a unique approach to development with a mission to refresh the buildings they rehab one unit at a time, and in turn, improve the surrounding community. They had worked with other banks in the past and were challenged with lending processes that did not align with their business model.
Jeff and Mat were impressed that Hingham’s senior executives and lenders got to know them, their business, and the communities they served. Hingham was able to deliver financing that allowed True North to successfully execute their value-add strategy and has resulted in a long-standing relationship between True North and the Bank.
True North has gone on to do six more deals with Hingham since becoming a customer in 2014. They are active users of the Bank’s cash management services and have enjoyed the dedicated, personal relationship they have with their bankers at Hingham.
Over 950 units across 11 properties
Remote Deposit Capture, Wires, ACH, Positive Pay
20+ employees, 30+ contractors
Hingham Institution for Savings is not responsible or liable for the content, information, security or failure of any products or services advertised on promoted on any external site or any external site's privacy or data protection safeguards.