Dime Savings Bank

209 Havemeyer Street
Brooklyn, NY 11211
800-321-3463
www.dime.com

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The Dime Savings Bank of Williamsburgh offers convenient, full-service,state of the art Banking with products and services to help individuals, families, businesses, students and seniors reach their financial goals.

Money Market Account Special at Dime Savings Bank in New York - 7/16/2011

Dime Savings Bank has long been offering a 10-month CD special. The rate has fallen since my last review , but it's still competitive. A reader just informed me of a new promotion that's not liste ...

Issues and Tips on Closing CDs at Dime Savings Bank & Other Banks - 7/15/2011

Banks always seem to make it easier to open a CD than to close a CD. They always hope customers will let their CDs automatically renew into another CD. For CD customers this is rarely a good choice. I ...

End Of DIME 15-Month IRA At 2.5% (Forum) - 3/21/2011

I called Dime today and was informed that although they had originally planned this special IRA CD to be available through 15 April, they had decided to end it early. Today was the last day for this special IRA offer.

Higher Long-Term CD Rates at Dime Savings Bank - New Trend? - 2/28/2011

Dime Savings Bank increased the rate of its 7-year CD from 3.00% to 3.10% APY. The 5-year CD is also fairly competitive at 2.50% APY. Minimum deposit is $500. These rates are listed at Dimes deposit r ...

2011

2/18 - 15-Month IRA CD Special at Dime Savings Bank in New York

2010

2009

2008

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See Rates for: Checking | Savings | Money Market | CD | IRA

Dime Savings Bank Checking Account Rates

	Apy	Min	Max	Product
	0.20%	$50k	-	Prime Dime Checking

Dime Savings Bank Savings Account Rates

Apy	Min	Max	Product
0.20%	$250	-	Statement Savings
0.20%	$250	-	Passbook Savings
0.20%	-	-	Club Account
0.20%	-	-	Student Savings
0.20%	-	-	Holiday Account

Dime Savings Bank Money Market Rates

Apy	Min	Max	Product
0.90%	$75k	-	Prime Rewards MMA Statement
0.90%	$75k	-	Prime Rewards MMA Passbook
0.30%	$75k	-	Rewards MMA Statement
0.30%	$75k	-	Rewards MMA Passbook
0.30%	$50k	-	Professional Banking MMA

Dime Savings Bank CD Rates

Apy	Min	Max	Product
2.10%	$500	-	7 Year CD
1.65%	$500	-	5 Year CD
1.25%	$500	-	4 Year CD
1.25%	$500	$100k	10 Month CD Special
1.05%	$500	-	3 Year CD
0.90%	$500	-	30 Month CD
0.85%	$500	-	2 Year CD
0.60%	$500	-	18 Month CD
0.55%	$500	-	12 Month CD
0.55%	$500	-	13 Month CD
0.55%	$500	-	15 Month CD
0.55%	$500	-	14 Month CD
0.50%	$500	-	9 Month CD
0.50%	$500	-	10 Month CD
0.50%	$500	-	11 Month CD
0.40%	$500	-	6 Month CD
0.40%	$500	-	7 Month CD
0.40%	$500	-	8 Month CD
0.25%	$500	-	3 Month CD
0.25%	$500	-	4 Month CD
0.25%	$500	-	5 Month CD

Dime Savings Bank IRA Rates

Apy	Min	Max	Product
2.10%	$500	-	7 Year IRA
2.10%	$500	-	7 Year Roth IRA
2.10%	$500	-	7 Year CESA
1.65%	$500	-	5 Year CESA
1.65%	$500	-	5 Year Roth IRA
1.65%	$500	-	5 Year IRA
1.25%	$500	-	4 Year CESA
1.25%	$500	-	4 Year Roth IRA
1.25%	$500	-	4 Year IRA
1.05%	$500	-	3 Year CESA
1.05%	$500	-	3 Year Roth IRA
1.05%	$500	-	3 Year IRA
0.90%	$500	-	30 Month CESA
0.90%	$500	-	30 Month Roth IRA
0.90%	$500	-	30 Month IRA
0.85%	$500	-	2 Year CESA
0.85%	$500	-	2 Year Roth IRA
0.85%	$500	-	2 Year IRA
0.60%	$500	-	18 Month CESA
0.60%	$500	-	18 Month Roth IRA
0.60%	$500	-	18 Month IRA
0.55%	$500	-	12 Month CESA
0.55%	$500	-	13 Month CESA
0.55%	$500	-	15 Month CESA
0.55%	$500	-	12 Month Roth IRA
0.55%	$500	-	13 Month Roth IRA
0.55%	$500	-	15 Month Roth IRA
0.55%	$500	-	12 Month IRA
0.55%	$500	-	13 Month IRA
0.55%	$500	-	15 Month IRA
0.55%	$500	-	14 Month IRA
0.55%	$500	-	14 Month Roth IRA
0.55%	$500	-	14 Month CESA
0.50%	$500	-	9 Month CESA
0.50%	$500	-	10 Month CESA
0.50%	$500	-	11 Month CESA
0.50%	$500	-	9 Month Roth IRA
0.50%	$500	-	10 Month Roth IRA
0.50%	$500	-	11 Month Roth IRA
0.50%	$500	-	9 Month IRA
0.50%	$500	-	10 Month IRA
0.50%	$500	-	11 Month IRA
0.40%	$500	-	6 Month CESA
0.40%	$500	-	7 Month CESA
0.40%	$500	-	8 Month CESA
0.40%	$500	-	6 Month Roth IRA
0.40%	$500	-	7 Month Roth IRA
0.40%	$500	-	8 Month Roth IRA
0.40%	$500	-	6 Month IRA
0.40%	$500	-	7 Month IRA
0.40%	$500	-	8 Month IRA
0.25%	$500	-	3 Month CESA
0.25%	$500	-	4 Month CESA
0.25%	$500	-	5 Month CESA
0.25%	$500	-	3 Month Roth IRA
0.25%	$500	-	4 Month Roth IRA
0.25%	$500	-	5 Month Roth IRA
0.25%	$500	-	3 Month IRA
0.25%	$500	-	4 Month IRA
0.25%	$500	-	5 Month IRA

Rates updated: 2/11/2012

Data for Q3 2011

Institution Statistics

The Dime Svgs. Bank of Williamsburgh
OTS #	13383
FDIC Certificate #	16012
BankRate Report	View
Year Established	1864
Employees	381
Primary Regulator	OCC
Assets and Liabilities
Assets	$4.03 billion
Loans	$3.41 billion
Deposits	$2.49 billion
Equity Capital	$399.97 million
Loan Loss Allowance	$21.82 million
Unbacked Noncurrent Loans	$21.57 million
Real Estate Owned	$360,000
Historic Data - September 2010
Assets	$3.98 billion
Equity Capital	$364.98 million
Loan Loss Allowance	$17.52 million
Unbacked Noncurrent Loans	$19.60 million
Real Estate Owned	$459,000
Profit Margin - Quarterly
Net Interest Margin	3.82%
Return on Assets	1.2%
Return on Equity	12.57%
Interest Income	$158.71 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Dime Savings Bank had $21.93 million in non-current loans and owned real-estate with $421.79 million in equity and loan loss allowances on hand to cover it. This gives Dime Savings Bank a Texas Ratio of 5.20% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for Dime Savings Bank held steady from 5.24% as of September 30, 2010 to 5.20% as of September 30, 2011, resulting in a positive change of 0.85%.This indicates that the balance sheet and financial strength for Dime Savings Bank has held steady in recent periods.
Deposit Growth
In the past year, Dime Savings Bank has increased its total deposits by $1.24 million, resulting in 0.05% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Dime Savings Bank has shown is average.
Capitalization
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Dime Savings Bank has $4.03 billion in assets with $421.79 million in equity, resulting in a capitalization level of 10.48%, which is above average.