Dime Bank


Overview / Commentary
860-859-4300
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 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.

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

Health Grade Components

Overall
FDIC Certificate #18200
Year Established1869
Employees164
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.35%
Return on Equity - YTD3.47%
Annual Interest Income$7.0MM
Assets and Liabilities
AssetsQ1 2022vs Q1 2021$1.08B$1.05B
LoansQ1 2022vs Q1 2021$641.8MM$636.3MM
DepositsQ1 2022vs Q1 2021$927.2MM$871.3MM
Equity CapitalQ1 2022vs Q1 2021$101.6MM$108.3MM
Loan Loss AllowanceQ1 2022vs Q1 2021$7.1MM$7.0MM
Unbacked Noncurrent LoansQ1 2022vs Q1 2021$3.1MM$3.2MM
Real Estate OwnedQ1 2022vs Q1 2021$0$170.00K
Rates

Rates for Dime Bank are currently being reviewed.

Locations

Availability



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