Dime Bank
FDIC #18200
📍 Norwich, Connecticut
Dime Bank is a commercial bank (si) established in 01/01/1869. With assets of $1.15 Billion, it operates 14 domestic branches.
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Community Reinvestment Act (CRA) Rating
Latest Exam: December 1, 2022
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
December 1, 2022
Satisfactory
August 1, 2019
Satisfactory
June 1, 2016
Satisfactory
💰 Financial Strength
Total Assets$1.15 Billion
Total Deposits$911.53 Million
Equity Capital$92.38 Million
Net Income$1.67 Million
📈 Performance
ROA0.20%
ROE2.36%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established01/01/1869
FDIC Cert18200
Holding CoN/A
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredYes
🕰️ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 6:00 PM
Friday9:00 AM - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2006
Name Change
Name became: Changed Institution Name To Dime Bank.
1999
Relocation
Moved HQ to: 290 Salem Turnpike, Norwich, CT 06360.
1978
Name Change
Name became: Changed Institution Name To The Dime Savings Bank Of Norwich.