Hingham Institution for Savings
For information concerning Hingham Savings online bank, please click here.
Hingham Institution for Savings ACH Number: 211370370
Hingham Institution for Savings is an FDIC insured institution headquartered at
55 Main St, Hingham, MA 2043.
It was founded in
1834 and has approximately $4 billion in
assets. Customers can open an account at one of its 8 branches.
Deposit Rates - March 30, 2023
| CD RATES | APY | MIN | |
|---|---|---|---|
|
60 Mo CD
|
1.25% | $1,000 | Compare |
Featured Home Equity Rates
-
Sponsored
-
New American Funding, LLC
NMLS ID: 6606 / Updated 2023-03-30Cash-Out and Home Equity Options Available. $0 -
Intro APR: 7.490 %
After Intro:8.500 %
Intro Period: 12 months
$25,000 -
AimLoan.com NMLS#2890
NMLS ID: 2890 / Updated 2023-03-30Home Equity Loan - 15 Year Fixed Rate $0 -
HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. $0 -
6.990 %
$0 - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Featured 30-Year Fixed Mortgage Rates
-
Sponsored
-
Northpointe Bank
NMLS ID: 4474905.959% $1,479 Fees & Points $2,285 Total
0.914 Pts ($2,285)
$0 Fees -
Eligibility.org
NMLS ID: Not lenderFees & Points Total
Pts ($0)
$0 Fees - Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.
Overview 2023
General Bank Information
| FDIC Insured | Yes |
| FDIC Certificate | # 90211 |
| Date Established | 1834 |
| Assets | $ 4.00 billion |
| Loans | $ 3.56 billion |
| Deposits | $ 2.60 billion |
| Capital | $ 376.56 million |
Summary Balance Sheet as of September 30, 2022
| ASSETS | |
| Cash & Balances due from depository institutions | $ 326.78 million |
| Interest-bearing balances | $ 320.10 million |
| Total securities | $ 76.02 million |
| Federal funds sold and reverse repurchase | N.A. |
| Net loans and leases | $ 3.56 billion |
| Loan loss allowance | $ 24.39 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | N.A. |
| All other assets | $ 78.85 million |
| Total Assets | $ 3.69 billion |
| LIABILITIES | |
| Total deposits | $ 2.60 billion |
| Interest-bearing deposits | $ 2.18 billion |
| Deposits held in domestic offices | $ 2.60 billion |
| % insured (estimated) | 65.07% |
| Federal funds purchased and repurchase agreements | N.A. |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 1,140.00 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 8.01 millionn |
| Total Liabilities | $ 3.69 billion |
| Shareholders’ Equity | $ 310.09 million |
Summary Income Statement as of September 30, 2022
| INCOME AND EXPENSES | |
| Total Interest Income | $ 99.80 million |
| Total Interest Expense | $ 14.62 million |
| Net interest income | $ 85.18 million |
| Provision for loan and lease losses | $ 3.91 million |
| Total non interest income | $ 0.78 million |
| Total non interest expense | $ 19.47 million |
| Pre-tax Net Operating Income | $ 42.21 million |
*Should any logos, images or public notes appear on this page,they do so courtesy of Hingham Institution for Savings and are not subject to approval of RatesAndInfo.com. RatesAndInfo.com expressly disclaims all responsibility for this content.
Customer Reviews for Hingham Institution for Savings
Branches
Click on location and enter new zip number to change.
Your current location is: Ashburn, VA
View Branches Statewide →
View Branches Nationwide →
Hingham Institution for Savings Locations
Savings Comparison
This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.
PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES
Tax Rate: 30%
All calculations are for demonstration purposes only.
- 1ONLINE CDBank-$50,00060 Month1.25%1.54x (National Avg. - 0.81%)$1,000-SCENARIO
Year Rate
1.25%Annual
InterestAnnual Interest
(After Tax)1 50,000 625 438 2 50,625 633 443 3 51,258 641 449 4 51,899 649 454 5 52,547 657 460 6 53,204 665 466 7 53,869 673 471 8 54,543 682 477 9 55,224 690 483 10 55,915 699 489 11 56,614 708 495 12 57,321 717 502 13 58,038 725 508 14 58,763 735 514 15 59,498 744 521 16 60,241 753 527 17 60,994 762 534 18 61,757 772 540 19 62,529 782 547 20 63,310 791 554 TOTAL $14,102 $9,871 - 2LOCAL CDOnline Bank-$50,00060 Month4.10%5.06x (National Avg. - 0.81%)$2,500-SCENARIO
Year Rate
4.10%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,050 1,435 2 52,050 2,134 1,494 3 54,184 2,222 1,555 4 56,406 2,313 1,619 5 58,718 2,407 1,685 6 61,126 2,506 1,754 7 63,632 2,609 1,826 8 66,241 2,716 1,901 9 68,957 2,827 1,979 10 71,784 2,943 2,060 11 74,727 3,064 2,145 12 77,791 3,189 2,233 13 80,980 3,320 2,324 14 84,300 3,456 2,419 15 87,757 3,598 2,519 16 91,355 3,746 2,622 17 95,100 3,899 2,729 18 98,999 4,059 2,841 19 103,058 4,225 2,958 20 107,284 4,399 3,079 TOTAL $61,682 $43,178 - 3LOCAL CDOnline Bank-$50,00024 Month4.30%7.75x (National Avg. - 0.56%)$2,500-SCENARIO
Year Rate
4.30%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,150 1,505 2 52,150 2,242 1,570 3 54,392 2,339 1,637 4 56,731 2,439 1,708 5 59,171 2,544 1,781 6 61,715 2,654 1,858 7 64,369 2,768 1,938 8 67,137 2,887 2,021 9 70,024 3,011 2,108 10 73,035 3,140 2,198 11 76,175 3,276 2,293 12 79,451 3,416 2,391 13 82,867 3,563 2,494 14 86,430 3,717 2,602 15 90,147 3,876 2,713 16 94,023 4,043 2,830 17 98,066 4,217 2,952 18 102,283 4,398 3,079 19 106,681 4,587 3,211 20 111,268 4,785 3,349 TOTAL $66,053 $46,237 - 4LOCAL CDOnline Bank-$50,00012 Month4.50%10.23x (National Avg. - 0.44%)$2,500-SCENARIO
Year Rate
4.50%Annual
InterestAnnual Interest
(After Tax)1 50,000 2,250 1,575 2 52,250 2,351 1,646 3 54,601 2,457 1,720 4 57,058 2,568 1,797 5 59,626 2,683 1,878 6 62,309 2,804 1,963 7 65,113 2,930 2,051 8 68,043 3,062 2,143 9 71,105 3,200 2,240 10 74,305 3,344 2,341 11 77,648 3,494 2,446 12 81,143 3,651 2,556 13 84,794 3,816 2,671 14 88,610 3,987 2,791 15 92,597 4,167 2,917 16 96,764 4,354 3,048 17 101,119 4,550 3,185 18 105,669 4,755 3,329 19 110,424 4,969 3,478 20 115,393 5,193 3,635 TOTAL $70,586 $49,410
There are currently no comments for Hingham Institution for Savings. Be the first to share your experience. Please provide comments that will help others.