We have reduced our base interest rates on loans and mortgages by 0.25%.
The Bermuda Dollar Base Rate for Consumer Loans has decreased from 7.50% to 7.25% effective 22 September 2025.
The Bermuda Dollar Base Rate for Corporate Loans has decreased from 8.50% to 8.25% effective 22 September 2025.
The rate for US Dollar Loans has decreased from 8.50% to 8.25% effective 22 September 2025.
The Bermuda Dollar Base Rate for Residential Mortgages has decreased from 7.50% to 7.25%. For existing residential mortgage holders, this change will take effect in 90 days.
Butterfield is regulated in a number of jurisdictions - please click here for Legal & Regulatory information pertaining to Butterfield.