Dime Bank

Overview / Commentary
290 Salem Turnpike
Norwich, CT 06360

Dime Bank is headquartered in Norwich and is the 14th largest bank in the state of Connecticut. It is also the 915th largest bank in the nation. It was established in 1869 and as of June of 2022, it had grown to 169 employees at 13 locations. Dime Bank has an A health rating.

Reviews (1)

Loyal banker.

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.


Health Grade Components

FDIC Certificate #18200
Year Established1869
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.2%
Return on Equity - YTD2.09%
Annual Interest Income$14.4MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$1.08B$1.07B
LoansQ2 2022vs Q2 2021$658.0MM$612.9MM
DepositsQ2 2022vs Q2 2021$927.0MM$890.2MM
Equity CapitalQ2 2022vs Q2 2021$95.2MM$111.9MM
Loan Loss AllowanceQ2 2022vs Q2 2021$7.1MM$7.0MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$3.0MM$3.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Dime Bank Savings Account Rates

0.10%--Health Savings Account (HSA)
0.07%*$100k*-Corporate Daily Access Savings Account
OTHER TIERS: 0.05% $20 - $100k
0.05%$20-A+ Statement Savings Account
0.03%$20-Regular Savings Account

Dime Bank Money Market Rates

0.05%*$100k*-Money Management Checking Account
OTHER TIERS: 0.03% $20 - $100k
0.03%$20-Money Market Savings Account

Dime Bank CD Rates

1.55%$500-22 Month CD
1.00%$5k$200k14 Month Flex CD
1.00%$500$100kBusiness 14 Month Flex CD
0.40%$500-5 Year CD
0.35%$500-7 Year Bump Up CD
0.30%$500-4 Year CD
0.25%$500-3 Year CD
0.25%$500-6 Year Bump Up CD
0.20%$500-5 Year Bump Up CD
0.10%$500-18 Month CD
0.10%$500-2 Year CD
0.05%$500-30 Day CD
0.05%$500-91 Day CD
0.05%$500-182 Day CD
0.05%$500-1 Year CD

Dime Bank IRA Rates

0.05%$100-2 Year Variable IRA


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