Dime Bank

Overview / Commentary

860-859-4300

290 Salem Turnpike
Norwich, CT 06360

Dime Bank is headquartered in Norwich and is the 15^th largest bank in the state of Connecticut. It is also the 932^nd largest bank in the nation. It was established in 1869 and as of March of 2021, it had grown to 165 employees at 13 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 Q1 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	18200
Year Established	1869
Employees	165
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.79%
Return on Equity - YTD	7.34%
Annual Interest Income	$7.6MM

Assets and Liabilities
Assets	Q1 2021vs Q1 2020	$1.05B$918.4MM
Loans	Q1 2021vs Q1 2020	$636.3MM$653.4MM
Deposits	Q1 2021vs Q1 2020	$871.3MM$725.6MM
Equity Capital	Q1 2021vs Q1 2020	$108.3MM$104.9MM
Loan Loss Allowance	Q1 2021vs Q1 2020	$7.0MM$6.8MM
Unbacked Noncurrent Loans	Q1 2021vs Q1 2020	$3.2MM$5.2MM
Real Estate Owned	Q1 2021vs Q1 2020	$170.00K$0

Rates

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Money Market
CD
IRA

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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
0.10%	-	-	Health Savings Account (HSA)
0.05%	$20	-	A+ Statement Savings Account
0.03%	$20	-	Regular Savings Account

Dime Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.05%^*	$100k^*	-	Money Management Checking Account
OTHER TIERS: 0.03% → $20 - $100k
0.03%	$20	-	Money Market Savings Account

Dime Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%	$500	-	5 Year CD
0.30%	$500	-	4 Year CD
0.25%	$500	-	3 Year CD
0.25%	$500	-	6 Year Bump Up CD
0.25%	$500	-	30 Month CD Special
0.20%	$500	-	5 Year Bump Up CD
0.15%	$500	-	22 Month CD Special
0.10%	$500	-	18 Month CD
0.10%	$500	-	2 Year CD
0.10%	$5k	$200k	14 Month Flex CD
0.10%	$500	$100k	Business 14 Month Flex 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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$100	-	2 Year Variable IRA

Locations

Availability

Hartford Area

Hartford Area bank & credit union details

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