Among the Best CD Rates in Massachusetts

Our certificates of deposit and our money market accounts can help you grow your wealth, with competitive rates and no market risk, all backed by the security of a Bank founded nearly two centuries ago. As one of the most efficient banks in the country, we have reduced our overhead through the adoption of cutting-edge technology and old-fashioned thrift. We pass these savings to you in the form of better rates.

All deposit accounts at Hingham have FDIC insurance up to $250,000 and unlimited insurance from the Massachusetts Depositors Insurance Fund (DIF). The combination of FDIC and DIF insurance means that you will receive unlimited deposit insurance on all funds held at Hingham above $250,000.  Whether you keep $5 on deposit or $50 million, all deposits are fully insured at Hingham.

Most of our money market accounts and certificates of deposit are also available as IRA retirement accounts.

Rates

Term Minimum Balance to Earn APY Interest Rate Annual Percentage Yield
2 Month High Yield- No Penalty* $5000 1.73% 1.75%
9 Month $5000 1.83% 1.85%
15 Month $5000 1.98% 2.00%
3 Month $5000 0.50% 0.50%
6 Month $5000 0.65% 0.65%
1 Year $5000 1.39% 1.40%
18 Month $5000 1.64% 1.65%
2 Year $5000 1.69% 1.70%
30 Month $5000 1.70% 1.71%
3 Year $5000 1.70% 1.71%
4 Year $5000 1.70% 1.71%
5 Year $5000 1.70% 1.71%

*2 Month High Yield-No Penalty CD: withdrawals are permitted starting seven days after the funding date. A deposit withdrawn within six days after the date of deposit is subject to an early penalty of seven days' simple interest on the amounts withdrawn within the first six days after deposit. A withdrawal within six days of deposit will reduce earnings.

Fees could reduce earnings on these accounts. Term Certificates are guaranteed for the length of the term. Rates on other accounts may change after the account is opened. Early withdrawal penalty may be imposed on Term Certificates. Rates are current as of:

Rates

Account Type Minimum to Earn Interest Annual Percentage Yield
Money Market $100,000 or more 0.35% 0.35%
$50,000 - $99,999 0.10% 0.10%
$10 - $49,999.99 0.001% 0.00%
Savings $10 0.001% 0.00%

Fees may reduce earnings on money market accounts in the event of excessive transactions. You will need to maintain the minimum balance to obtain the stated APY. As money market and savings products are variable rate accounts, the interest rate may change after the account is open. Rates are current as of :

Please note that this link will take you away from Hingham Institution for Savings and does not represent sponsorship, endorsement, or guarantee of information on an external site.

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.

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Please note that this link will take you away from Hingham Institution for Savings and does not represent sponsorship, endorsement, or guarantee of information on an external site.

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.

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