Dime Bank is headquartered in Norwich and is the 15th largest bank in the state of Connecticut. It is also the 918th largest bank in the nation. It was established in 1869 and as of March of 2022, it had grown to 164 employees at 13 locations. Dime Bank has an A health rating.
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.
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18200 |
| Year Established | 1869 |
| Employees | 164 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.35% |
| Return on Equity - YTD | 3.47% |
| Annual Interest Income | $7.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $1.08B$1.05B |
| Loans | Q1 2022vs Q1 2021 | $641.8MM$636.3MM |
| Deposits | Q1 2022vs Q1 2021 | $927.2MM$871.3MM |
| Equity Capital | Q1 2022vs Q1 2021 | $101.6MM$108.3MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $7.1MM$7.0MM |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $3.1MM$3.2MM |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$170.00K |
