Dime Community Bank

209 Havemeyer Street
Brooklyn, NY 11211

Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 16012
Date Established 1864
Assets $6.24 billion
Loans $5.85 billion
Deposits $4.65 billion
Capital $0.61 billion

Dime Community Bank is an FDIC insured institution located in Brooklyn, NY. It was founded in 1864 and has approximately $6.24 billion in assets. Customers can open an account at one of its 25 branches.

For a more detailed analysis of Dime Community Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Dime Community Bank’s loan portfolio are Multifamily Mortgages, Commercial Real Estate, and 1-4 Family Residential Loans.

Compared to other banks in New York, Dime Community Bank has a significantly higher percent of Multifamily Mortgages on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 1.21
Multifamily
Mortgages
81.25
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.98
Construction and Development Loans 0.07
Commercial Real Estate 16.67
Commercial and Industrial Loans 1.16
Farm Loans 0.00

Deposit Rates

Your Current Location: Virginia, VA 20146

Learn more about these great CD rates:

1.25% APY Online Savings Account from Ally Bank
1.60% APY 11 Month CD from Ally Bank

MM Rates APY MIN MAX
Dime Direct Statement Savings Account
1.30% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Dime Community Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2017

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
vLoan
NMLS ID: 2229
License#: MC-5591
4.070% 4.000% 0.25 $2,125 $1,194 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2017

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.240% $217.33 Learn More
Flagstar Bank 4.990% $268.11 Learn More

Note to Dime Community Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Dime Community Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Dime Community Bank Locations

Financial Details

Dime Community Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Dime Community Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Dime Community Bank U.S. Bank Average
0.73% 8.45

The Texas Ratio compares the amount of loans at risk and the amount of owned real estate with the amount a bank has on hand to cover any losses. As of June 30, 2017, Dime Community Bank had $4,638,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $610,697,000 in equity and $21,985,000 in loans loss reserves. That gives it a Texas Ratio of 0.73%. The closer the Texas Ratio is to 100% and over, the less capital and reserves a bank has to absorb its loan losses.

Return on Equity
Dime Community Bank U.S. Bank Average
8.41% 8.58

Dime Community Bank has a Return on Equity of 8.41% versus the BestCashCow average of 8.58. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Dime Community Bank U.S. Bank Average
9.78% 12.11

Dime Community Bank has a Capitalization of 9.78% versus the BestCashCow average of 12.11. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Dime Community Bank Balance Sheet Analysis

As of June 30, 2017, Dime Community Bank had assets of $6,241,237,000, loans of $5,854,896,000, and deposits of $4,648,274,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Dime Community Bank

Branches and Savings

Is Dime Community Bank FDIC insured?

Yes. It is covered under FDIC Certificate #16012.

Why does Dime Community Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Dime Community Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Dime Community Bank a commercial bank?

Yes

Where are Dime Community Bank locations?

See branch locations nearby.

Is Dime Community Bank open on Saturdays?

Is Dime Community Bank open on Sundays?

What time does Dime Community Bank open?

What time does Dime Community Bank close?

Are Dime Community Bank ATMs Open 24/7?

Do Dime Community Bank ATMs accept cash deposits?

Can Dime Community Bank customers use other ATMs?

Do Dime Community Bank branches have notaries?

Will Dime Community Bank notarize my document?

What address for Dime Community Bank should I put for incoming ACH transfers?

Will the Dime Community Bank branch print checks?

Do Dime Community Bank checks expire?

Does Dime Community Bank require US citizenship to open account?

Can Dime Community Bank close my account?

Does Dime Community Bank Report to credit bureaus?

Does Dime Community Bank Use Equifax?

What is Dime Community Bank's ACH Routing Number?

What is Dime Community Bank's SWIFT code?

Products

Does Dime Community Bank offer mortgages?

Compare mortgage rates here.

Does Dime Community Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Dime Community Bank offer personal loans?

Compare personal loan rates here.

Does Dime Community Bank offer student loans?

Will Dime Community Bank cash a check?

Will Dime Community Bank redeem a savings bond?

Does Dime Community Bank cash savings bonds?

Will Dime Community Bank cash money orders?

Can Dime Community Bank issue a money order?

Does Dime Community Bank do currency exchange?

Background on The Bank

Who owns Dime Community Bank?

How long has Dime Community Bank been around?

Can Dime Community Bank transfer to other banks?

Does Dime Community Bank have quick pay?

Does Dime Community Bank accept rolled coins?

Will Dime Community Bank accept loose change?

Where is Dime Community Bank headquarters?

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