Dime Bank

Overview / Commentary

860-889-2318

290 Salem Turnpike
Norwich, CT 06360

Dime Bank is headquartered in Norwich and is the 17^th largest bank in the state of Connecticut. It is also the 924^th largest bank in the nation. It was established in 1869 and as of June of 2019, it had grown to 164 employees at 12 locations. Dime Bank has an A+ health rating.

Reviews (1)

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Loyal banker.

Posted by: ChikYouHeaven | Feb 7, 2018

I have been banking with dime Ever since I was 16 and had to get direct deposit, they would always process my direct deposit at midnight. Every time I enter the facility to cash a check the employees recognize me and are very welcoming and answer whatever questions I may have. They don't push me to get credit cards or upgrade my bank account however there Are many informative flyers around the bank that let you know what they have to offer. I have never had an overdraft fee at this bank or any other hidden fees.

Comment

Health

A+

Data as of Q2 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	18200
Year Established	1869
Employees	164
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.69%
Return on Equity - YTD	6.02%
Annual Interest Income	$16.5MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$856.3MM$832.1MM
Loans	Q2 2019vs Q2 2018	$633.4MM$599.9MM
Deposits	Q2 2019vs Q2 2018	$656.5MM$621.7MM
Equity Capital	Q2 2019vs Q2 2018	$101.1MM$91.8MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$6.6MM$6.1MM
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$4.7MM$5.2MM
Real Estate Owned	Q2 2019vs Q2 2018	$900.00K$3.5MM

Rates

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Savings
Money Market
CD

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Always verify rates and promotions with the bank or credit union. We are not Dime Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Dime Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.15%^*	$50k^*	-	A+ Statement Savings Account
OTHER TIERS: 0.10% → $20 - $50k
0.10%^*	$50k^*	-	Regular Savings Account
OTHER TIERS: 0.05% → $20 - $50k
0.10%	-	-	Health Savings Account (HSA)

Dime Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$100k^*	-	Money Management Checking Account
OTHER TIERS: 0.10% → $20 - $100k
0.10%^*	$50k^*	-	Money Market Savings Account
OTHER TIERS: 0.05% → $20 - $50k

Dime Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.15%	$500	-	30 Month CD Special
2.05%	$500	-	22 Month CD Special
2.05%	$500	-	7 Year Bump Up CD
2.00%	$500	-	17 Month CD Special
1.90%	$500	-	6 Year Bump Up CD
1.90%	$5k	$200k	14 Month Flex CD
1.90%	$500	$100k	Business 14 Month Flex CD
1.70%	$500	-	10 Month CD Special
1.35%	$500	-	5 Year CD
1.25%	$500	-	4 Year CD
1.00%	$500	-	3 Year CD
0.70%	$500	-	2 Year CD
0.50%	$500	-	18 Month CD
0.40%	$500	-	1 Year CD
0.25%	$500	-	182 Day CD
0.15%	$500	-	30 Day CD
0.15%	$500	-	91 Day CD

Locations

Availability

Hartford Area

Hartford Area bank & credit union details

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