Hamilton, Bermuda — September 17, 2025: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) announced that, in response to today’s decrease in the target range of the US Federal Funds Rate, it is reducing its base interest rates on loans and mortgages by a quarter of a percentage point (0.25%).
Hamilton, Bermuda—03 September 2025: Butterfield has awarded its annual scholarships to three promising students, including Bermudian Jeriel Fernandes, who will receive $30,000 for the upcoming academic year. These scholarships can be maintained for up to four academic years.
Hamilton, Bermuda—16 July 2025: Butterfield is pleased to launch the first-ever Fast Track security lane at Bermuda’s L.F. Wade International airport this summer exclusively for their premium credit cardholders, making travel easier and more convenient during the peak summer season.
Hamilton, Bermuda—20 February 2025: Butterfield has partnered with nudge, the global leader in financial wellbeing, to launch an online education platform as part of its efforts to enhance financial wellbeing and literacy for clients and the wider community in Bermuda and the Cayman Islands.
Hamilton, Bermuda—06 February 2025: Butterfield’s 2025 Undergraduate Scholarship and paid Summer Internship programme are now open for applications.
Hamilton, Bermuda — 22 January, 2025: Butterfield is pleased to announce the launch of its enhanced Young Savers Account. Previously available for 10 to 17 year olds, this instant-access savings account can now be opened from birth with a minimum deposit of $20. Until the end of March, Butterfield will match the initial deposit up to the value of $50.
Hamilton, Bermuda — 11 December 2024: Butterfield has retained the Bank of the Year award for Bermuda as announced by The Banker, an international financial affairs publication owned by the Financial Times.
The Banker’s Bank of the Year Awards aim to recognise lenders that have grown while retaining a solid balance sheet, improved the quality of their service, invested in technology and considered their role within their local communities.
Hamilton, Bermuda - 5 November 2024: Butterfield has teamed up once again with the Coalition for the Protection of Children (CPC) to continue the Toys for Tots tradition and together kickstart this year’s island-wide collection campaign.
From now until Monday, 9 December, those who are able to help can donate new toys for children (up to the age of 12), gift cards for teenagers and vouchers for parents to use on clothing, groceries or utilities. Donations can be dropped off at a number of convenient locations across the island:
Hamilton, Bermuda —September 18, 2024: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) announced that it is reducing its base interest rates on loans and mortgages by a quarter of a percentage point (0.25%).
The change in base rates applies to Bermuda dollar residential mortgages, consumer loans, corporate loans and USD loans. The rate reduction on loans takes effect September 23, 2024. The rate reduction for existing Bermuda residential mortgages is effective 90 days later.
Hamilton, Bermuda — 16 July, 2024: Butterfield is proud to announce Bermudians Shara Trott and Rickai Burrows have successfully completed the Graduate Talent Programme and will transition to full-time positions.
The closing of the Bermuda programme was marked by joining the BSX at Exchange House for the bell-ringing ceremony. Following a presentation from Shara and Rickai detailing their experience at Butterfield, Ailish Byrne, Chief Compliance Officer at the BSX, shared an overview of the Bermuda market and the workings of the stock exchange.