Founded in 1834, Hingham Institution for Savings provides complete protection on all deposit balances through combined federal and state-level coverage. Every dollar deposited with us is insured in full—regardless of the amount, account type, or where you reside.
How Combined Coverage Works:
Federal Deposit Insurance Corporation (FDIC): Insures all deposits up to $250,000 per depositor.
Depositors Insurance Fund (DIF): Insures all funds above $250,000 in full, with no maximum limit or account restrictions.
About the DIF
Both the FDIC and DIF have protected bank deposits for nearly a century. The DIF predates the formation of the FDIC and remains the only private, state-chartered excess deposit insurer in the nation.