Founded in 1834, Hingham Institution is one of America's oldest banks. Our depositors are insured in full, up to any amount, with our combined FDIC and Massachusetts Depositors Insurance Fund (DIF) insurance coverage. The FDIC insures all deposits up to $250,000 per depositor. All deposits above these amounts are insured by the DIF. This deposit insurance covers all customers of the Bank without limit or exception, regardless of where you live or where you opened your account. Additional information is available below:
Both the FDIC and DIF have been insuring bank deposits for nearly 90 years. The DIF predates the formation of the FDIC and it is the only state-chartered excess deposit insurer in the nation.