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Butterfield Bank: March Share Repurchases

Butterfield Bank: March Share Repurchases

In a filing with the Bermuda Stock Exchange, The Bank of N.T. Butterfield & Son Limited advised that during the month of March 2020, the Bank purchased for Treasury 640,000 Common Shares at an average price of $21.64 per share. Related StoriesButterfield Bank: February Share Repurchases Butterfield Bank: January Share Repurchases Butterfield... Read more of this article

Butterfield Bank Donate $150,000 For Meals

Butterfield Bank Donate $150,000 For Meals

The Bank of Butterfield is donating $150,000 for a programme with The Loren to deliver healthy meals to senior citizens and vulnerable persons in Bermuda during the Covid-19 health crisis, with the programme set to begin on Wednesday. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited and The Loren Hotel at Pink Beach announced... Read more of this article

Butterfield Bank Offer Special Seniors Hours

Butterfield Bank Offer Special Seniors Hours

Beginning on Monday, March 30, Butterfield will provide limited banking services from Rosebank Centre on Bermudiana Road, and they will reserve two hours — from 9:00am to 11:00am — to serve seniors exclusively at that location. A spokesperson said, “Beginning on Monday, 30 March 2020, Butterfield will provide limited banking services... Read more of this article

Clarien Defers Loan Payments For Three Months

Clarien Defers Loan Payments For Three Months

Today Clarien announced that “payments will be automatically deferred for 3 months for all residential mortgages, personal loans and commercial loans less than $2,000,000 that meet basic qualifying criteria.” “In response to a broad and deep Covid-19 pandemic financial impact on the community Clarien is changing its approach to how... Read more of this article

Clarien Offer Dedicated Hour For At Risk Clients

Clarien Offer Dedicated Hour For At Risk Clients

Clarien’ banking operating hours will be amended during the Covid-19 pandemic, and they will “dedicate the hour of 9am – 10am to serve at risk clients,” such as the elderly or anyone with depressed immunity or have an ailment that may make them more vulnerable to virus exposure. A spokesperson said, “Clarien announced that... Read more of this article

Covid-19: Butterfield To Reduce Banking Hours

Covid-19: Butterfield To Reduce Banking Hours

The Bank of N.T. Butterfield & Son Limited today [March 23] announced that it will reduce its banking hours at all three Banking Centres in Bermuda during the Covid-19 period. A spokesperson said, “The Bank of N.T. Butterfield & Son Limited today announced that it will reduce its banking hours at all three Banking Centres in Bermuda during... Read more of this article

Covid-19: Clarien Provides New Digital Platform

Covid-19: Clarien Provides New Digital Platform

In an effort to mitigate the spread of the Covid-19 virus, Clarien has launched a digital client support portal, which received a significant number of submissions to date since launching earlier this week. A spokesperson said, “Clarien is pleased to report that the Covid-19 digital support portal has received a significant number of submissions... Read more of this article

HSBC Bermuda Offer ‘Debt Relief Measures’

HSBC Bermuda Offer ‘Debt Relief Measures’

Customers can apply for interest-only payments and/or deferred payments for up to 3 months for loans and mortgages, customers may apply for a moratorium for their credit cards & Personal Line of Credit payments for up to 3 months, and credit card over limit and late fees will be waived for a 3 month period, HSBC Bermuda said today. A spokesperson... Read more of this article

Clarien Bank Paget Branch To Close Today

Clarien Bank Paget Branch To Close Today

In an effort to centralise its operations while also minimising the Covid-19 exposure, Clarien Bank announced that their Paget Branch will close today [March 19]. A spokesperson said, “As we all work collectively to keep our community safe, Clarien Bank is centralising our operations to minimise virus exposure and spread to our clients and employees.... Read more of this article

Cannonier: “Applaud Steps From Local Banks”

Cannonier: “Applaud Steps From Local Banks”

“I am relieved to see the steps that both Clarien Bank and The Bank of N T Butterfield have taken to provide some economic relief to our community, during these unprecedented times,”  OBA Leader Craig Cannonier said. “We note that coronavirus relief legislation is being passed in every country. It is important that Bermuda offers to... Read more of this article

Covid-19: Clarien Bank Lowers Lending Rates

Covid-19: Clarien Bank Lowers Lending Rates

In response to the ongoing coronavirus pandemic, Clarien Bank says that it understand that its “continued operations and financial support are essential to the health of our society.” A spokesperson said, “Clarien appreciates the gravity of the coronavirus pandemic [Covid-19] and the impact it is having globally, as well as directly... Read more of this article

Butterfield Bank Decreasing Lending Rates

Butterfield Bank Decreasing Lending Rates

In the wake of the ongoing coronavirus pandemic, the Bank of N.T. Butterfield & Son Limited today [March 16] announced that it is decreasing interest rates on personal loans and mortgages. A spokesperson said, “As Bermuda continues to make preparations for the potential impact of COVID-19 locally, and following yesterday’s emergency 100... Read more of this article

Butterfield Invites Applications For Scholarships

Butterfield Invites Applications For Scholarships

The Bank of N.T. Butterfield & Son Limited is accepting applications for its undergraduate and postgraduate scholarships. The deadline for both scholarships is Friday 27 March 2020. Undergraduate Scholarship A spokesperson said, “The Sir Harry D. Butterfield Undergraduate Scholarship is awarded to a Bermudian student commencing, or already... Read more of this article