Dime Bank

Overview / Commentary
290 Salem Turnpike
Norwich, CT 06360

Dime Bank is headquartered in Norwich and is the 16th largest bank in the state of Connecticut. It is also the 904th largest bank in the nation. It was established in 1869 and as of December of 2019, it had grown to 157 employees at 12 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 - YTD0.59%
Return on Equity - YTD5.09%
Annual Interest Income$33.2MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$894.7MM$854.2MM
LoansQ4 2019vs Q4 2018$629.8MM$616.3MM
DepositsQ4 2019vs Q4 2018$712.5MM$661.2MM
Equity CapitalQ4 2019vs Q4 2018$102.6MM$95.7MM
Loan Loss AllowanceQ4 2019vs Q4 2018$6.6MM$6.4MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$4.4MM$5.1MM
Real Estate OwnedQ4 2019vs Q4 2018$0$1.2MM
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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%*$50k*-A+ Statement Savings Account
OTHER TIERS: 0.07% $20 - $50k
0.10%--Health Savings Account (HSA)
0.05%$20-Regular Savings Account

Dime Bank Money Market Rates

0.10%*$100k*-Money Management Checking Account
OTHER TIERS: 0.07% $20 - $100k
0.05%$20-Money Market Savings Account

Dime Bank CD Rates

1.10%$500-6 Year Bump Up CD
1.00%$500-5 Year Bump Up CD
0.90%$500-5 Year CD
0.70%$500-4 Year CD
0.70%$500-30 Month CD Special
0.60%$500-3 Year CD
0.60%$500-22 Month CD Special
0.50%$5k$200k14 Month Flex CD
0.50%$500$100kBusiness 14 Month Flex CD
0.35%$500-2 Year CD
0.25%$500-18 Month CD
0.20%$500-1 Year CD
0.15%$500-30 Day CD
0.15%$500-182 Day CD
0.10%$500-91 Day CD

Dime Bank IRA Rates

1.20%$500-7 Year Bump IRA
0.15%$100-2 Year Variable IRA


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