Dime delivers financial services of the highest quality by relying on traditional, time-honored principles like personal service and good, honest value. As a trusted community bank for over 150 years, we have deep roots in the communities we serve, and our customers have come to trust Dime for their personal and business banking needs, for business financing, and for financial guidance. Honoring that trust is our most important mission, and by doing so, we will deliver superior results not only for our customers, but for our communities, our employees, and our shareholders.
For over 150 years, Dime was referred to as Dime Savings Bank of Williamsburgh. On August 1, 2016, the bank formally changed its name to Dime Community Bank.
In 1864, the era of Abraham Lincoln and the Civil War, a new savings bank opened for business in a ferry terminal on Kent Avenue in Brooklyn. Many other banks have opened in New York City since then, and many have closed. But Dime Community Bank has stood the test of time. Today, more than 150 years since our founding, we’re stronger than ever. That’s an achievement worth celebrating.
Dime Community Bank has called Brooklyn home for over 150 years. That kind of tenure in the same location has given us a chance to get to know our neighborhood, and note a lot of interesting changes over the years. Being here has also given us some perspective when it comes to the unique financial challenges of living in the city, and the many ways that has changed and empowered us — both as bankers and neighbors.
As a bank that remembers what mortgage and rent prices were like not so long ago, as well as way back in the early 1900s, we’re in a unique place to offer some insight and help for some of our residents’ biggest financial concerns and questions.
Our neighborhood saw one of the first bank credit card transactions in 1946, and to come from that to a time where now almost 30% of Brooklyn renters spend more than half of their income on rent, we believe it’s given us the right experience to be one of the most knowledgeable and effective banking partners our customers count on. In recognition of our 150th anniversary, we created a commemorative infographic. We invite you to explore some of the biggest highlights.
Discover how Dime has been helping small businesses in our community achieve their dreams and reach their goals.