Why Open A Business Account at Hingham

The value of banking with Hingham

Holly Cirignano avatar
Written by Holly Cirignano
Updated over a week ago

At Hingham Institution for Savings, we're more than just a bank. We're a trusted partner for businesses of all sizes, from local startups to established enterprises. When banking with Hingham, you get:

  • Dedicated Client Support: You will work with a dedicated Relationship Manager that values getting to know your business. You can reach your Relationship Manager directly, at any time, and you never need to visit a branch or office. We believe in frequent, personal contact.

  • Complimentary Cash Management Solutions: Our business is not based on fees. Our digital offerings are excellent and our business cash management services are almost always free of charge, including checks, ACH payments, domestic wire transfers, remote deposit capture, and corporate expense and card management. We also have specialized escrow and payments solutions for property managers and professional services firms that we offer free of charge.

  • Unlimited Deposit Insurance: We offer highly competitive rates on reserve funds and money market accounts, with unlimited deposit insurance through a combination of the FDIC and the Massachusetts Depositors Insurance Fund. For those that require FDIC insurance, we can provide up to $150MM in coverage through our reciprocal deposits program.

We have offices in Massachusetts, Washington, D.C., and we expect to open an office in San Francisco next year to support our growing customer base there. However, our Specialized Deposit Group supports clients across the United States. While we can serve a a variety of industries, we specialize in banking:

  • Nonprofit Organizations

  • Property Management Organizations

  • Law Firms

  • Venture Capital and Private Equity Firms

  • Startups and Emerging Businesses

  • Municipalities and Government Organizations

  • Small Businesses

Ready to Partner with Hingham Institution for Savings?

Stop by one of our convenient office locations to learn more about how we can help your business thrive or contact us online to get connected with a Relationship Manager. We're confident that Hingham Institution for Savings can be the trusted financial partner you need to achieve your goals.

To learn more about what you will need to open an account, click here.

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