Dime Bank is headquartered in Norwich and is the 15th largest bank in the state of Connecticut. It is also the 930th largest bank in the nation. It was established in 1869 and as of December of 2021, it had grown to 165 employees at 13 locations. Dime Bank has an A+ health rating.
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.
Overall | |
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FDIC Certificate # | 18200 |
Year Established | 1869 |
Employees | 165 |
Primary Regulator | FDIC |
Profit Margin | |
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Return on Assets - YTD | 0.68% |
Return on Equity - YTD | 6.47% |
Annual Interest Income | $29.7MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $1.07B$988.3MM |
Loans | Q4 2021vs Q4 2020 | $606.3MM$608.9MM |
Deposits | Q4 2021vs Q4 2020 | $919.1MM$809.1MM |
Equity Capital | Q4 2021vs Q4 2020 | $115.0MM$109.7MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $7.0MM$6.9MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $3.1MM$4.7MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$170.00K |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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0.05%* | $100k* | - | Money Management Checking Account | ||
OTHER TIERS: 0.03% → $20 - $100k | |||||
0.03% | $20 | - | Money Market Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $100 | - | 2 Year Variable IRA |