Butterfield Bank is Bermuda's first bank, originating from the trading firm of Nathaniel Butterfield, founded in Bermuda in 1758.  Originally specialising in trading Bermuda cedar, wine and dry goods, the business of the firm grew and became more sophisticated under the direction of the founder’s son, Nathaniel T. Butterfield.  Eventually, the company began establishing current accounts for its merchant clientele, and by the early 1800s, financial transactions came to dominate the daily business of the company. 

 

In 1858, the firm was established as a private bank in Bermuda – The Bank of N.T. Butterfield. The Bank was incorporated under a special act of the local Parliament in 1904.

 

Today, Butterfield Bank Group offers a full range of community banking services in Bermuda, Barbados and the Cayman Islands, encompassing retail and corporate banking and treasury activities.  Private banking, wealth management and fiduciary services are provided from the Group’s headquarters in Bermuda and subsidiary offices in the Cayman Islands, Guernsey, The Bahamas, Switzerland and the United Kingdom.  In addition, investment and pension fund administration services are provided in Bermuda, Canada, the Cayman Islands, Guernsey, The Bahamas and the United Kingdom.

 

Butterfield Bank Group is a widely-held, publicly traded corporation with shares listed on the Bermuda and Cayman Islands stock exchanges.