In 1758, Nathaniel T Butterfield founded a merchant-trading firm which, in 1858, became The Bank of N.T. Butterfield & Son, Bermuda’s first bank.

By the late 1800s, the Bank was supporting a budding tourism industry by lending money to innkeepers, retailers and companies building the Island’s infrastructure.

In 1904, with the equivalent of about US$ 120,000 in assets, the Bank was incorporated by an Act of Parliament.

Since that time it has grown and evolved, not only to become a leading domestic bank in Bermuda, but also to be highly regarded as a specialist offshore financial services group.

The Bank is regulated by the Bermuda Monetary Authority (BMA), which operates in accordance with Basle principles and maintains close contact with regulators in the other jurisdictions where the Bank has offices. Butterfield Bank shares are widely held and trade on the Bermuda Stock Exchange with a secondary listing on the Cayman Islands Stock Exchange.

In addition to Bermuda and Malta, the Group has offices in The Bahamas, Barbados, Canada, Cayman Islands, Guernsey, Hong Kong, Switzerland and the United Kingdom.  The Butterfield Trust (Malta) Limited was established following the purchase of the Bentley Reid Group in 2007.