Overdrafts and insufficient funds occur when your account does not have enough money available to cover a transaction. When your account is overdrawn, the transaction that brought your account into negative balance is returned to the sending bank.

Your Hingham account is set to pay transactions from largest to smallest, in the hope that the largest withdrawals would have the most negative impact if we returned them.

See fees associated with overdraft and insufficient funds here

Helpful Tips on Preventing Overdraft

  • Set up a Sweep by linking another Hingham Savings account to cover any overdrawn balances. This way, a transfer happens automatically if an account overdraws and there are no additional fees applied.

  • Sign up for Online Banking and access your account balance and history 24/7. You can also enroll right from your phone using our mobile banking app:

Good to know:

It is important to note the difference between the current balance and the available balance. Money is withdrawn from your account using the available balance amount and not the current account balance.

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