2.5 star ratingAverage User Rating:
2.5 star rating based on 2 reviews.

Dime Savings Bank

Dime Savings Bank Locations
209 Havemeyer Street
Brooklyn, NY 11211
800-321-3463
www.dime.com
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.

Related Posts

IRA CD Specials at Dime Savings Bank in New York - Available Nationwide - 3/1/2012

Dime Savings Bank is again offering IRA CD specials. Like last year, there's a 15-month IRA CD. Of course, the rate is much lower, but it's competitive in today's environment. Unlike last year, there' ...

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.

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

Dime Savings Bank Checking Account Rates

ApyMinMaxProduct
0.15%$50k-Prime Dime Checking

Dime Savings Bank Savings Account Rates

ApyMinMaxProduct
0.15%$250-Statement Savings
0.15%$250-Passbook Savings
0.15%--Club Account
0.15%--Student Savings
0.15%--Holiday Account

Dime Savings Bank Money Market Rates

ApyMinMaxProduct
0.70%$75k-Prime Rewards MMA Statement
0.70%$75k-Prime Rewards MMA Passbook
0.25%$50k-Professional Banking MMA
0.20%$75k-Rewards MMA Statement
0.20%$75k-Rewards MMA Passbook

Dime Savings Bank CD Rates

ApyMinMaxProduct
2.05%$500-7 Year CD
1.60%$500-5 Year CD
1.20%$500-4 Year CD
1.01%$500-3 Year CD
0.85%$500-30 Month CD
0.80%$500-2 Year CD
0.55%$500-18 Month CD
0.50%$500-12 Month CD
0.50%$500-13 Month CD
0.50%$500-15 Month CD
0.50%$500-14 Month CD
0.45%$500-9 Month CD
0.45%$500-10 Month CD
0.45%$500-11 Month CD
0.35%$500-6 Month CD
0.35%$500-7 Month CD
0.35%$500-8 Month CD
0.20%$500-3 Month CD
0.20%$500-4 Month CD
0.20%$500-5 Month CD

Dime Savings Bank IRA Rates

ApyMinMaxProduct
2.05%$500-7 Year IRA
2.05%$500-7 Year Roth IRA
2.05%$500-7 Year CESA
1.60%$500-5 Year CESA
1.60%$500-5 Year Roth IRA
1.60%$500-5 Year IRA
1.20%$500-4 Year CESA
1.20%$500-4 Year Roth IRA
1.20%$500-4 Year IRA
1.01%$500-3 Year CESA
1.01%$500-3 Year Roth IRA
1.01%$500-3 Year IRA
0.85%$500-30 Month CESA
0.85%$500-30 Month Roth IRA
0.85%$500-30 Month IRA
0.80%$500-2 Year CESA
0.80%$500-2 Year Roth IRA
0.80%$500-2 Year IRA
0.55%$500-18 Month CESA
0.55%$500-18 Month Roth IRA
0.55%$500-18 Month IRA
0.50%$500-12 Month CESA
0.50%$500-13 Month CESA
0.50%$500-15 Month CESA
0.50%$500-12 Month Roth IRA
0.50%$500-13 Month Roth IRA
0.50%$500-15 Month Roth IRA
0.50%$500-12 Month IRA
0.50%$500-13 Month IRA
0.50%$500-15 Month IRA
0.50%$500-14 Month IRA
0.50%$500-14 Month Roth IRA
0.50%$500-14 Month CESA
0.45%$500-9 Month CESA
0.45%$500-10 Month CESA
0.45%$500-11 Month CESA
0.45%$500-9 Month Roth IRA
0.45%$500-10 Month Roth IRA
0.45%$500-11 Month Roth IRA
0.45%$500-9 Month IRA
0.45%$500-10 Month IRA
0.45%$500-11 Month IRA
0.35%$500-6 Month CESA
0.35%$500-7 Month CESA
0.35%$500-8 Month CESA
0.35%$500-6 Month Roth IRA
0.35%$500-7 Month Roth IRA
0.35%$500-8 Month Roth IRA
0.35%$500-6 Month IRA
0.35%$500-7 Month IRA
0.35%$500-8 Month IRA
0.20%$500-3 Month CESA
0.20%$500-4 Month CESA
0.20%$500-5 Month CESA
0.20%$500-3 Month Roth IRA
0.20%$500-4 Month Roth IRA
0.20%$500-5 Month Roth IRA
0.20%$500-3 Month IRA
0.20%$500-4 Month IRA
0.20%$500-5 Month IRA

Rates updated: 5/27/2012

Data for Q1 2012


Institution Statistics


The Dime Svgs. Bank of Williamsburgh
OTS #13383
FDIC Certificate #16012
BankRate ReportView
Year Established1864
Employees397
Primary RegulatorOCC

Assets and Liabilities

Assets$4.01 billion
Loans$3.40 billion
Deposits$2.51 billion
Equity Capital$412.32 million
Loan Loss Allowance$19.47 million
Unbacked Noncurrent Loans$22.02 million

Historic Data - March 2011

Assets$4.13 billion
Equity Capital$383.17 million
Loan Loss Allowance$20.02 million
Unbacked Noncurrent Loans$23.22 million
Real Estate Owned$365,000

Profit Margin - Quarterly

Net Interest Margin3.69%
Return on Assets1.08%
Return on Equity10.62%
Interest Income$52.44 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 March 31, 2012 Dime Savings Bank had $22.02 million in non-current loans and owned real-estate with $431.79 million in equity and loan loss allowances on hand to cover it. This gives Dime Savings Bank a Texas Ratio of 5.10% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend3
The Texas Ratio for Dime Savings Bank held steady from 5.85% as of March 31, 2011 to 5.10% as of March 31, 2012, resulting in a positive change of 12.83%.This indicates that the balance sheet and financial strength for Dime Savings Bank has held steady in recent periods.
Deposit Growth3
In the past year, Dime Savings Bank has decreased its total deposits by -$12.04 million, resulting in -0.48% 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.
Capitalization4
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 $4.01 billion in assets with $431.79 million in equity, resulting in a capitalization level of 10.78%, which is above average.
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Very BAD Customer Relations. Customer Comes LAST At Dime Savings
1 stars - 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.

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I.R.A Specials
4 stars - 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

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