Featured Savings Rates
Featured Accounts

Dime Community Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.35%Money MarketDimeDirect Money Market
2.00%5-year CD5 Year CD
1.60%6+ Year CD7 Year CD

Overview / Commentary
718-343-1801
149 Kent Avenue
Brooklyn, NY 11249

Dime Community Bank, previously known as Dime Savings Bank, is a New York-based financial institution registered with the FDIC as a savings bank. It primarily provides personal and business deposit products and loans, in addition to its commercial lending services. Though its original identity was as a community banking institution, it is now a publicly traded company on NASDAQ (Symbol:DCOM).

Dime Community Bank offers checking, savings, Money Market, and CD accounts on its personal banking side. They have a free checking account and a rewards checking account that both offer attractive features. The free checking account comes with a free order of checks and a Visa check card and has no monthly fees or minimum balance requirements. The rewards checking account offers non-Dime ATM transaction fee refunds as well as access to higher interest rates when certain account balance thresholds are met. Several savings accounts offer consumers a way to save while accumulating daily compounded interest. One savings account has several features similar to that of a checking account, including a check card and free online banking. There is a student savings account option, as well, and it offers unlimited free deposits and withdrawals. Money market accounts offer higher rates of interest as account balances meet higher thresholds. Certificates of Deposit (CDs) are available in term lengths ranging from 3 to 60 months and require a minimum initial deposit to open. Dime’s CDs have been recognized in the past on DepositAccounts.com. Business banking accounts offer similar rates, and Dime features a unique lawyer account that is connected to a law-related public interest fund.

Dime Community Bank online banking provides a secure platform on which customers can perform account management activities like viewing transaction history, transferring funds, and paying bills. Telephone banking is also available and can be used to review recent activity and pay a mortgage or personal loan.

Dime Community Bank was originally established in 1864 under the name The Dime Savings Bank of Williamsburg. In 2002, the bank moved its headquarters from New York City to Brooklyn, New York, and it serves its customers through branches located across four of the five boroughs of the city.

Related Posts

Dime 15 Mo CD Now 2.25% APY - 5/30/2018

Dime raised its 15 mo CD to 2.25% APY (up from 2.1%). https://www.dime.com/home/personal/certificate-of-deposit It's money market account remains a pitiful 1.35% APY.

Dime Boosts 4-Year CD Rate - 4/21/2018

Dime Community Bank has added 35 bps to its 4-year CD (2.75% APY). Minimum deposit is $500, with no stated balance cap. Must be opened at any of 28 NYC area branches.

Dime Community Bank Is Featuring Great Rates On Their Platinum Money Market Account And 15-Month CD. - 3/23/2018

When you open a Dime Platinum Money Market Account and companion Platinum Checking Account, your money will earn 1.75% APY(1), guaranteed for one year, on balances up to $500,000. That’s a rate that compares more favorably than most 12-Month CDs while keeping your money liquid. All Dime checking accounts include a free debit card, free online banking and free bill pay, free mobile banking with mobile check deposit, and free eStatements with online check images(2). If you’re looking for steady growth over a slightly longer duration, then you should consider opening a Dime 15-Month CD, where your money will earn a 2.10% APY(3). Whatever is your financial goal, your money makes more money at Dime. To find out more information about Dime’s Platinum Money Market Account or 15-Month CD promotion, stop by any of our 29 neighborhood branch locations (dime.com/locations). You can also call 800-321-DIME (3463) to speak to a DimeDirect customer representative. ----------------------------- (1

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Excellent Service, Great Bank

Dime, Garden City Park Branch, all staffs are nice, friendly, and always helpful. Managers, Mr. Bingold and Mr. Blackmore are very professional and knowledgeable. 5 stars recommendation...

Definitely Recommend

Posted by: yy | Jun 4, 2018

The staffs are warm, welcoming, and genuinely kind people. Whether it's opening an account or ordering checks, the tellers and bankers alike are professional and patient. I definitely recommend Dime!

Branch Manager Lucy is very outstanding on building lasting relationship with clients. She always put client interest first. I moved my baking relationship over from Chase because her!

Thank You, Flushing Branch!

My name is Daniel and a customer of Flushing Branch. I have been to the branch a couple of times. The manager, Lucy Zhang who is very professional and knowledgeable. The branch is very neat and their customer service is excellent. I would highly recommend them to others.

Thanks.
Daniel Wu

Clumsy Customer Service

Posted by: redfarm | Nov 5, 2015

In opening an online money market account with Dime Savings Bank there was a glitch in initially funding it. The savings account with the external bank was described as (yes) a savings account when according to that bank (SFGI Direct) it should've been labeled as a checking account. Because of this issue the transfer of funds fell through. However I only learned that there was a problem when my account access was blocked. I phoned customer service who routed me to the department responsible for account openings. They told me that my account had been flagged, my access denied, and any activity prohibited. I called the other bank to find out what happened and they explained the reason. I then shared this information with Dime Savings. The transfer went through a few days later and the flag lifted. The only notice though Dime Savings gave alerting me to this issue was a message in my account inbox - which I was blocked from accessing. An email or phone call would've been the most effective means to let me know. On the positive side phoning customer service hasn't meant a long wait to speak with someone.

VIEW MORE REVIEWS

Health
B+

Health Grade Components

Overall
FDIC Certificate #16012
Year Established1864
Employees407
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD9.7%
Annual Interest Income$55.0MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$6.32B$6.08B
LoansQ1 2018vs Q1 2017$5.49B$5.73B
DepositsQ1 2018vs Q1 2017$4.62B$4.69B
Equity CapitalQ1 2018vs Q1 2017$657.1MM$579.6MM
Loan Loss AllowanceQ1 2018vs Q1 2017$21.2MM$21.0MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$15.5MM$4.5MM
Real Estate OwnedQ1 2018vs Q1 2017$0$0
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

Dime 15 Mo CD Now 2.25% APY

Sperry8   |  
Dime raised its 15 mo CD to 2.25% APY (up from 2.1%).
https://www.dime.com/home/personal/certificate-of-deposit

It's money market account remains a pitiful 1.35% APY.

Dime Community Bank Is Featuring Great Rates On Their Platinum Money Market Account And 15-Month CD.

Dime Community Bank Dime Community Bank   |  
When you open a Dime Platinum Money Market Account and companion Platinum Checking Account, your money will earn 1.75% APY(1), guaranteed for one year, on balances up to $500,000. That’s a rate that compares more favorably than most 12-Month CDs while keeping your money liquid. All Dime checking accounts include a free debit card, free online banking and free bill pay, free mobile banking with mobile check deposit, and free eStatements with online check images(2).

If you’re looking for steady growth over a slightly longer duration, then you should consider opening a Dime 15-Month CD, where your money will earn a 2.10% APY(3). Whatever is your financial goal, your money makes more money at Dime.

To find out more information about Dime’s Platinum Money Market Account or 15-Month CD promotion, stop by any of our 29 neighborhood branch locations (dime.com/locations). You can also call 800-321-DIME (3463) to speak to a DimeDirect customer representative.

-----------------------------

(1)The minimum deposit required to open is $25,000. The introductory 1.75% Platinum Money Market Account Annual Percentage Yield (APY) on balances up to $500,000 is guaranteed for a one-year period from the date of account opening and is offered as of 2/23/18. After this one-year period has expired, the interest rate and APY for balances up to $500,000 are established at our discretion, are variable, and are subject to change at any time without notice or limit. Balances over $500,000 will earn an interest rate and APY that are established at our discretion, are variable, and are subject to change at any time without notice or limit (this APY is currently 0.75%). Fees may reduce the earnings on this account. The maximum opening deposit is $500,000. There is a $10 monthly fee if the daily balance falls below $25,000. At the time of opening a Platinum Money Market Account, a Platinum Checking Account must also be established. This Platinum Checking Account requires a minimum opening deposit of $2,500. There is a $15 monthly fee on the Platinum Checking Account if the average daily balance falls below $2,500. Deposits insured to the maximum amount allowed by law.

(2)Must have Dime Online Banking to use Dime Mobile Banking. Dime Mobile Banking App is available for select mobile devices. Mobile Banking is a free service from Dime. However, your mobile carrier may charge for data and text message usage.

(3)$500 minimum balance is required to open and earn the Annual Percentage Yield (APY) on this special CD account offering (maximum of $500,000). APY is effective 2/23/18. Funds to open this account cannot be transferred from any existing Dime account. Premature withdrawal is subject to penalty and fees may reduce earnings. Deposits insured to the maximum allowed by law.

Dime Community Bank reserves the right to cancel or modify this offer at any time without notice and to limit the number of accounts opened. This offer is limited to one per household and only available to consumer accounts and New York State residents. Funds to open this account cannot be transferred from any existing Dime account. New money only.

Member FDIC | Equal Housing Lender | Dime Community Bank

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 Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$250-Statement Savings
0.05%--Passbook Savings
0.05%--Club/Holiday Account
0.05%--Student Savings

Dime Community Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%*-$500kDimeDirect Money Market
OTHER TIERS: 0.20% $500k+
0.25%*$100k*-Business Rewards MMA Rates
OTHER TIERS: 0.10% Up to $10k | 0.15% $10k - $100k
0.20%*$75k*-Rewards MMA Statement
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $25k | 0.15% $25k - $75k

Dime Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$10k*-Prime Dime Interest Checking
OTHER TIERS: 0.05% Up to $1,500 | 0.08% $1,500 - $10k
0.05%--Fabulous 50 Interest Checking
0.05%--Direct Interest Checking
0.05%--Business Interest Checking

Dime Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$500-4 Year CD
2.60%$500-16 Month CD Special
2.50%$500-3 Year CD
2.25%$500-18 Month CD Promo
2.25%$500-2 Year CD Promo
2.25%$500-15 Month CD Promo
2.15%$500-11 Month CD
2.10%$500-30 Month CD
2.00%$500-5 Year CD
1.60%$500-2 Year CD
1.60%$500-7 Year CD
1.35%$500-13 Month CD
1.35%$500-15 Month CD
0.50%$500-18 Month CD
0.45%$500-14 Month CD
0.45%$500-16 Month CD
0.40%$500-10 Month CD
0.40%$500-12 Month CD
0.30%$500-7 Month CD
0.30%$500-8 Month CD
0.30%$500-9 Month CD
0.20%$500-6 Month CD
0.15%$500-4 Month CD
0.15%$500-5 Month CD
0.10%$500-3 Month CD

Dime Community Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.25%$500-18 Month IRA Promo
Locations

Availability

New York Area

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.