Butterfield Summer Internship Open For Applications
Butterfield Summer Internship Open For Applications
Butterfield’s 2023 Summer Internship Programme is now open to applications.
Butterfield adjusts Rates in response to US Fed Funds Rate Increase
Butterfield adjusts Rates in response to US Fed Funds Rate Increase
The Bank of N.T. Butterfield & Son Limited (“Butterfield”) announced that, in response to today’s 25 basis point increase in the target range of the US Federal Funds Rate, it is adjusting 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 increase on loans takes effect February 6, 2023. The rate increase for existing Bermuda residential mortgages is effective 90 days later.
Butterfield Opens 2023 Undergraduate Scholarship Applications
Butterfield Opens 2023 Undergraduate Scholarship Applications
Butterfield has announced that the 2023 Bermuda Undergraduate Scholarship is open to applications.
Butterfield Adjusts Rates In Response To Fed Funds Increase
Butterfield Adjusts Rates In Response To Fed Funds Increase
The Bank of N.T. Butterfield & Son Limited (“Butterfield”) announced that, in response to today’s 50 basis point increase in the target range of the US Federal Funds Rate, it is adjusting its base interest rates on loans by a quarter of a percentage point (0.25%), absorbing half of the rise.
The change in base rates applies to Bermuda dollar residential mortgages, consumer loans, corporate loans and USD loans. The rate increase on loans takes effect December 19, 2022. The rate increase for existing Bermuda residential mortgages is effective 90 days later.
Butterfield Named Bermuda’s Bank Of The Year
Butterfield Named Bermuda’s Bank Of The Year
Butterfield has been named Bank of the Year 2022 in Bermuda by The Banker, an international financial affairs publication.
Butterfield Adjusts Rates in Response to Fed Funds Increase
Butterfield Adjusts Rates in Response to Fed Funds Increase
The Bank of N.T. Butterfield & Son Limited (“Butterfield”) announced that, in response to today’s 75 basis point increase in the target range of the US Federal Funds Rate, it is adjusting its base interest rates on loans by a quarter of a percentage point (0.25%), absorbing two thirds of the rise.
2022 Butterfield Scholarship Recipients Announced
2022 Butterfield Scholarship Recipients Announced
Hamilton, Bermuda—15 August 2022: Butterfield has announced this year’s recipients of its annual scholarship programme including two talented Bermudian students, Tahj Cox and Brianna Smith, who have been awarded a combined $55,000 for the upcoming academic year. The scholarships can be maintained for up to four academic years.
Butterfield Increases 2022 Scholarship Amount
Butterfield Increases 2022 Scholarship Amount
Hamilton, Bermuda—25 January 2022: Butterfield has increased its Bermuda Undergraduate Scholarship award to US$30,000, an increase of US$5,000, and applications are open. The scholarship is tenable for up to four academic years and provides financial assistance to outstanding students who are pursuing a first college or university degree on a full-time basis overseas.
Butterfield trust executive, Jane Pearce, named in 50 Most Influential
Butterfield trust executive, Jane Pearce, named in 50 Most Influential
For the fourth consecutive year, Butterfield’s Group Head of Trust, Jane Pearce, has been included in eprivateclient’s prestigious 50 Most Influential 2022 list.
The eprivateclient 50 Most Influential initiative is designed to identify, recognise and promote the leading advisers that provide private wealth advice to clients globally. The highlighted individuals are selected by PAM Insight’s judges after an open call for nominations, who then consider their professional strengths and market knowledge.
Butterfield donates $25,000 to Support Public Schools
Butterfield donates $25,000 to Support Public Schools
Hamilton, Bermuda—18 January 2022: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) (NYSE: NTB|BSX: NTB.BH) has purchased $25,000 worth of school supplies for Bermuda’s public primary schools through local organisation Support Public Schools (“SPS”) Bermuda as part of its latest community campaign.