Dime Savings Bank

Read The Fine Print
- CyclingLemur - Monday, February 4, 2013 - 12:33 PM

I have several commercial loans through the Dime Savings Bank of Williamsburgh. They have never been the easiest to deal with and certainly never the politiest, but at least I felt I was getting an okay deal as compared to the rest of the maket. But it seems as though they have adopted the practice of adding additional "nasties" into their agreements that  were not there in previous agreements. Long story short, watch out for these guys because they are more than willing to nickel and dime you to death, or worse yet, make it very difficult (through financial penalties) to leave them for another financial institution in the future! Make sure your lawyer reads the final agreement VERY carefully! I recently REFIANANCED  a $1,000,000 property through them and it cost me nearly $30,000.00! It was too late before I realized what was happening. SHOP before your drop your business here!! 

Very BAD Customer Relations. Customer Comes LAST At Dime Savings
- kellykelly - Thursday, April 5, 2012 - 3:52 PM

I went into Dime Savings Bank only one time and will never do so again! The attitude of the employees was as if I didn't matter and they were the important ones. Uh, hello, ... I went into Dime Savings Bank only one time and will never do so again! The attitude of the employees was as if I didn't matter and they were the important ones. Uh, hello, I am the one with the money, it is your job to impress me enough so that I might want to let you keep it for me so you can have a job keeping track of it. Well as I said, this is one person that will never do business with Dime Savings Bank after interacting with their holier than thou stuck up employees.


Notice how few good reviews there are about Dime Savings Bank, probably employees forced to post good reviews by bosses.

I.R.A Specials
- wolfmsg404 - Saturday, March 10, 2012 - 3:01 PM

One of the best around....This bank gets overlooked too often...This bank puts some of the "big" commercial banks to SHAME...Small bank goes the e.x.t.r.a. mile...I hope the Big banks are learning something for the "smaller" kid on the block

Worst Banking Experience EVER
- thellmer - Tuesday, March 12, 2013 - 10:08 PM

Tried to setup a new online checking account since we live in the neighborhood and wanted a local bank for my daughter who just moved here.  Their advertising said no minimum opening balance required, but after you enter all your financial information into their system and get to the initial deposit page, it requires a $500 minimum deposit - and you can't cancel because at this point they already have your information.  Once you get the paperwork from them (abour 2 weeks later) the paper disclosure they send says no minimum opening balance.  So that is outright fraud.  Next, when you open the account, they put a 30 day hold on your initial deposit so that you cannot withdraw it or write checks on it, which isn't a problem since it's that long before they send you checks or atm cards or even a statement showing you they have your money.  They don't even bother to tell you that you have to go by in person to request checks and the debit cards.  After waiting 2 weeks for some kind of acknowledgement from the bank (after they had our money) I called them and they then informed me you had to go by in person.  I suppose if you don't bother to call, they just use your money forever and never give you access to it.  Seriously, they  don't even bother to call or send paperwork to welcome me to the bank or provide next steps?  Third, after opening the account, you have to take paper copies of utility bills to the bank to prove that everyone on the account lives at your address - even students who have no utility bills.  I suppose I was suposed to put my electric bill in my daughter's name to get her on the account?  Luckily we were able to call her out of state college and have them change her address there and then send a copy of a transcript bill that had her name on it.  Still, this is a RIDICULOUS requirement.  They did inform me that if I couldn't verify her address on a bill that they would have to remove her from the account - and this was an account we were setting up just for her after she just moved here this month from out of state.  Fourth, after receiving the checks today (a month after opening the account), we tried to setup the online banking using either my name, her name, both of our complete and accurate sets of information.  No surprise here that it wouldn't work and told us we had attempted too many times and would have to visit or call the bank.  I cannot wait to finally be able to go by in person to cancel this account and go somewhere else.  Of course they told us we would have to wait 30 days before we could close it.  AVOID THIS INSTITUTION AT ALL COSTS  It's too bad you cannot give negative stars.