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Hingham Institution for Savings
55 Main Street
Hingham MA 02043
781.749.2200

 

PRESS RELEASE

FROM:           Robert H. Gaughen, Jr., President
                    Hingham Institution for Savings
                    Hingham, MA (NASDAQ-HIFS)
DATE:           March 20, 2009
CONTACT:    William M. Donovan, Jr., Vice President 781.749.2200

HINGHAM SAVINGS FEATURED ON DAN RATHER REPORTS

Dan Rather visited Hingham Square last month to interview Hingham Institution for Savings President & CEO, Robert Gaughen. Mr. Rather was interested in learning why community banks such as Hingham Savings have managed to prosper in these times, as some of the world’s biggest banks are floundering.

The interview is part of an episode titled “Meltdown,” which premiered on March 10 on Dan Rather Reports. “Meltdown” begins with the banking failures in Iceland, moves to commentary by noted economist Mark Zandi and policy journalist Phillip Longman, and ends with a 15-minute segment on Hingham Savings. The Bank’s segment includes discussion between Robert Gaughen and Dan Rather, and footage of the Bank’s customers and businesses in Hingham Square. The program may be viewed on Verizon FiOs, downloading on ITunes, or as a DVD order placed directly at HD.net.

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