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How to Open an IntraFi account with Hingham
How to Open an IntraFi account with Hingham

How to open an Insured Cash Sweep (ICS) account with Hingham Institution for Savings

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

To begin taking advantage of the benefits offered by IntraFi's ICS® program at Hingham Institution for Savings, follow these steps:

  1. Open an account: If you don't already have an account with Hingham Institution for Savings, contact us to open your account. While speaking with our team, ensure to mention you are interested in opening an IntraFi ICS account.

  2. Our dedicated relationship manager will send you account opening documentation via DocuSign, including an agreement for access to our ICS program. Once you have returned your account opening documentation, we will establish your new ICS account.

  3. Deposit funds: Once your account is set up, deposit your funds into your Hingham Institution for Savings account. Our team will handle the placement of your funds into participating ICS® banks to ensure maximum FDIC insurance coverage.

  4. Enjoy the benefits: Sit back and relax, knowing that your funds are protected and earning competitive interest rates through the ICS® program. You will receive regular statements and updates from Hingham Institution for Savings to keep you informed about your deposits.

The Insured Cash Sweep® (ICS®) program at Hingham Institution for Savings provides you with an effective way to protect your deposits. By participating in the program, you gain access to expanded FDIC insurance coverage, convenience, and the peace of mind that comes from working with a trusted banking partner.

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