Featured Savings Rates
Featured Accounts

Dime Community Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
1.20%Money MarketDimeDirect Money Market
2.00%5-year CD5 Year CD
1.60%6+ Year CD7 Year CD

Overview / Commentary
718-343-1801
209 Havemeyer Street
Brooklyn, NY 11211

Dime Community 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 Increases Money Market Rate To 1.2% APY - 11/1/2017

Upped their money market .1% (used to be 1.1%). https://www.dime.com/home/personal/money-market-accounts

Dime Community Bank Is Running Free Checking Account Promotion. - 9/29/2017

When you open a Perfectly Free Checking or Perfectly Free Business Checking account, we will thank you for your business by giving you a free gift (1). Recent gifts have included a power station, rolling duffel bag and blue tooth speaker. The FREE checking account for consumers includes 50 free personalized checks, no minimum balance, and no monthly service charge. The FREE checking account for businesses features 500 FREE monthly transactions items (2), no minimum balance, and no monthly service charge. All Dime checking accounts include a free debit card, free online banking and free bill pay, free mobile banking with mobile check deposit (4), and free eStatements with online check images. Dime also offers to buy back your debit cards and unused checks from your current accounts at another financial institution, up to $10 (3), when you open a new Dime checking account. To find out more information about Dime’s Perfectly Free Checking or Perfectly Free Business Checking promotion, vi

View all posts from:


A great bank for in face visits.

Dime Community Bank provides amazing face to face customer service. I mean extraordinary, they really know how to make people happy and what to do to keep them happy. Every time I walk into my local branch they treat me like family, they know both my wife and I on a first name basis and go out of their way to provide top notch assistance. The only complaint that I have with them is through their online service, it severely lacks in the online accessibility department. It is very difficult to navigate through and sometimes gets me very upset, but I think the face to face interactions completely make up for their lacking web/mobile experience.

Dime is outstanding!

Posted by: jerileach | Nov 22, 2017

I began banking with Dime many years ago, when I was young, newly married, and just beginning to learn how to save. Their rates and customer service were always superior to other banks in my city. They helped my savings grow quickly so I was able to save for and buy my first home. The people I dealt with, from the tellers to the bank VP, all knew my name and took the time to take care of me and answer my questions. I even purchased my life insurance policy at my local branch. When I moved away, to an area where there was no Dime Community Bank, I was sorry to lose their service. I've had many other banks over the years, but I've never found the level of personalized service I received at the Dime Community Bank.

An average bank

Compared to other banks, this one is close to my home. It doesn't have a long waiting time if I need the service from customer service. The bank charge or service fee is lower compared to the big banks. It has all different kinds of services that I need. I opened the saving account and it took less than 15 minutes to finish the whole process. The representative provided the additional services to me, but she didn't force me to have them. So far, I don't have any complaint to this bank.

Money Market Account Misleading

Posted by: Van King | Feb 20, 2017

I just opened a Dime Money Market account. The interest rate is terrific, I had no issues transferring money, and the security seemed good. My one and only, but huge issue is that there is a cap of $5,000 per transaction with transferring money in and out. Nowhere did I see that prior to opening the account. They definitely should be putting that prominently on their information sheet. Luckily I only started with $1,000 because if I wanted to withdraw a large sum of money, I wouldn't be able to as I would be capped at $5,000 per transaction. As it is, since I can make 6 exchanges per month, it only makes sense to leave in $30,000 in the account if I want to be able to move my money in an out in a timely manner.

VIEW MORE REVIEWS

Health

Health Grade Components

Overall
FDIC Certificate #16012
Year Established1864
Employees371
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD8.85%
Annual Interest Income$157.4MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$6.43B$5.81B
LoansQ3 2017vs Q3 2016$5.96B$5.47B
DepositsQ3 2017vs Q3 2016$4.55B$4.33B
Equity CapitalQ3 2017vs Q3 2016$625.9MM$552.7MM
Loan Loss AllowanceQ3 2017vs Q3 2016$22.0MM$20.0MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$4.3MM$6.0MM
Real Estate OwnedQ3 2017vs Q3 2016$0$18.00K
  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 Increases Money Market Rate To 1.2% APY

Sperry8   |  
Upped their money market .1% (used to be 1.1%). https://www.dime.com/home/personal/money-market-accounts

Dime Community Bank Is Running Free Checking Account Promotion.

Dime Community Bank Dime Community Bank   |  
When you open a Perfectly Free Checking or Perfectly Free Business Checking account, we will thank you for your business by giving you a free gift (1). Recent gifts have included a power station, rolling duffel bag and blue tooth speaker. The FREE checking account for consumers includes 50 free personalized checks, no minimum balance, and no monthly service charge. The FREE checking account for businesses features 500 FREE monthly transactions items (2), no minimum balance, and no monthly service charge. All Dime checking accounts include a free debit card, free online banking and free bill pay, free mobile banking with mobile check deposit (4), and free eStatements with online check images. Dime also offers to buy back your debit cards and unused checks from your current accounts at another financial institution, up to $10 (3), when you open a new Dime checking account.

To find out more information about Dime’s Perfectly Free Checking or Perfectly Free Business Checking promotion, visit https://www.dime.com/home/promo/personal-checking or https://www.dime.com/home/promo/business-checking or stop by any of our 27 neighborhood branch locations. You can also call 800-321-DIME (3463) to speak to a Dime customer representative.

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

Other fees such as for non-sufficient funds, overdraft, etc. may apply. See Schedule of Service Charges for details. Bank rules and regulations apply. Minimum opening deposit is only $25. Ask us for details.(1) We reserve the right to substitute a gift of similar value. Free gift provided at the time of account opening. Free gift may be reported on a 1099-INT or 1099-MISC. Limit of one new checking account opened per customer receiving a free gift. (2) Transaction items include all debits and credits. If the Perfectly Free Business Checking account exceeds 500 free monthly transactions, the account may be converted to another business checking product or assessed a per item fee as reflected in the Dime’s Guide to Business Banking brochure under Schedule of Service Charges. (3) Up to $10 for checks and debit cards from another financial institution given at the time the checks/debit cards are presented and a new checking account is opened. (4) 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.

Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Dime Community Bank; we are a rate comparison website and cannot provide official rates or promotions.

* 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
1.20%*-$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
0.15%*$75k*-Rewards MMA Passbook
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $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%$1,500-Business Interest Checking

Dime Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-5 Year CD
1.80%$500-4 Year CD
1.65%$500-3 Year CD
1.60%$500-2 Year CD
1.60%$500-7 Year CD
1.60%$500$250k18 Month CD Promo - New Money
1.35%$500-13 Month CD
1.35%$500-15 Month CD
0.80%$500-30 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%$500-11 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
Locations

Availability