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Dime Bank


Overview / Commentary
www.dime-bank.com
860-889-2318
290 Salem Turnpike
Norwich, CT 06360

Dime Bank is headquartered in Norwich and is the 15th largest bank in the state of Connecticut. It is also the 941st largest bank in the nation. It was established in 1869 and as of June of 2020, it had grown to 155 employees at 11 locations. Dime Bank has an A health rating.

Reviews (1)

Loyal banker.

Posted by: |

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.

1


Health
A

Data as of Q2 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #18200
Year Established1869
Employees155
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.66%
Return on Equity - YTD5.81%
Annual Interest Income$16.3MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$960.1MM$856.3MM
LoansQ2 2020vs Q2 2019$673.4MM$633.4MM
DepositsQ2 2020vs Q2 2019$776.0MM$656.5MM
Equity CapitalQ2 2020vs Q2 2019$107.6MM$101.1MM
Loan Loss AllowanceQ2 2020vs Q2 2019$7.0MM$6.6MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$5.2MM$4.7MM
Real Estate OwnedQ2 2020vs Q2 2019$0$900.00K
Rates
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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

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

Dime Bank Money Market Rates

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

Dime Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.70%$500-5 Year CD
0.65%$500-4 Year CD
0.60%$500-3 Year CD
0.60%$500-6 Year Bump Up CD
0.55%$500-30 Month CD Special
0.50%$500-5 Year Bump Up CD
0.50%$500-22 Month CD Special
0.40%$5k$200k14 Month Flex CD
0.40%$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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%$100-2 Year Variable IRA
Locations

Availability



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