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Hingham Institution for Savings (HIFS)

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Hingham Institution for Savings

55 Main Street
Hingham, MA 02043
United States
781-749-2200
http://www.hinghamsavings.com

SectorFinancial
IndustrySavings & Loans
Full Time Employees95

Key Executives

NameTitlePayExercisedAge
Mr. Robert H. Gaughen Jr., Esq.Chairman, Pres & CEO1.09MN/A68
Mr. Patrick R. GaughenExec. VP & Director426.86kN/A36
Mr. Michael J. SinclairVP of Retail LendingN/AN/A54
Mr. Shawn T. SullivanVP of Commercial Lending346.51kN/A55
Mr. Cristian A. MelejCFO & VPN/AN/A39
Amounts are as of December 31, 2015 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Hingham Institution for Savings provides various financial services to individuals and small businesses. The company’s deposit products include savings, demand, checking, negotiable order of withdrawal, term certificate, individual retirement, and money market accounts, as well as certificates of deposit. Its loan portfolio comprises residential real estate, commercial real estate, construction, home equity, commercial, and consumer loans. The company also provides ATM, debit card, telephone banking, and Internet-based banking services. It operates through 11 branch offices in Boston and southeastern Massachusetts. The company was founded in 1834 and is headquartered in Hingham, Massachusetts.

Corporate Governance

Hingham Institution for Savings’s ISS Governance QualityScore as of September 1, 2017 is 9. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 10; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.