Dime Bank

Overview / Commentary
290 Salem Turnpike
Norwich, CT 06360

Dime Bank is headquartered in NORWICH and is the 13th largest bank in the state of Connecticut. It is also the 892nd largest bank in the nation. It was established in 1869 and as of March of 2024, it had grown to 164 employees at 14 locations. Dime Bank has a B+ 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 - YTD0.3%
Return on Equity - YTD3.32%
Annual Interest Income$11.3MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$1.16B$1.11B
LoansQ1 2024vs Q1 2023$795.3MM$692MM
DepositsQ1 2024vs Q1 2023$894.4MM$924.2MM
Equity CapitalQ1 2024vs Q1 2023$104.7MM$96.5MM
Loan Loss AllowanceQ1 2024vs Q1 2023$7.8MM$7.3MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$806K$1.7MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0
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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%$0-Health Savings Account (HSA)
0.05%*$100k*-Corporate Daily Access Savings Account
OTHER TIERS: 0.03% $20 - $100k
0.03%$20-Regular Savings Account
0.03%$20-A+ Statement Savings Account

Dime Bank Money Market Rates

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

Dime Bank CD Rates

4.80%$500-10 Month CD Special
4.80%$500-Business 10 Month CD Special
4.35%$0-30 Month CD
4.35%$0-Business 30 Month CD
4.20%$0-22 Month CD
4.20%$0-Business 22 Month CD
3.80%$5k$200k14 Month Flex CD
3.80%$5k$100kBusiness 14 Month Flex CD
0.40%$0-5 Year CD
0.40%$0-Business 5 Year CD
0.35%$0-Business 7 Year Bump Up CD
0.35%$0-7 Year Bump Up CD Special
0.30%$0-4 Year CD
0.30%$0-Business 4 Year CD
0.25%$0-3 Year CD
0.25%$0-Business 3 Year CD
0.25%$0-Business 6 Year Bump Up CD
0.25%$0-6 Year Bump Up CD Special
0.20%$0-Business 5 Year Bump Up CD
0.20%$0-5 Year Bump Up CD Special
0.10%$0-18 Month CD
0.10%$0-2 Year CD
0.10%$0-Business 18 Month CD
0.10%$0-Business 2 Year CD
0.05%$0-30 Day CD
0.05%$0-91 Day CD
0.05%$0-182 Day CD
0.05%$0-1 Year CD
0.05%$0-Business 30 Day CD
0.05%$0-Business 91 Day CD
0.05%$0-Business 182 Day CD
0.05%$0-Business 1 Year CD

Dime Bank IRA Rates

0.05%$0-2 Year Variable IRA


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