Dime Community Bank
Dime Community Bank (rebranding to Dime Commercial Bank) is a publicly traded New York community and commercial bank with approximately $15 billion in assets, 62 branches from Manhattan to Montauk, serving commercial businesses, small businesses, municipalities, and individuals with lending, deposits, treasury management, and wealth services.
- Company typePublic
- Founded1864
- HeadquartersHauppauge, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Dime Community Bank does
Dime Community Bank, operating since 1864 and rebranding to Dime Commercial Bank in 2026, is a publicly traded New York-focused community and commercial bank (NYSE: DCOM) headquartered in Hauppauge, NY with approximately $15 billion in total assets, 62 branch locations from Manhattan to Montauk, and 800+ employees. The bank delivers a unified suite of retail and commercial banking products to individuals, small businesses, mid-market commercial enterprises, municipalities, not-for-profits, healthcare providers, law firms, and PE/VC sponsors across the New York metropolitan area and Greater Long Island.
The product portfolio spans core deposits (business and personal checking, savings, money market, CDs), commercial lending (C&I, commercial real estate, SBA 7(a) and 504 loans, fund finance, sponsor finance, and the new Equipment and Franchise Finance vertical), and a full treasury management suite (ACH origination, lockbox, remote deposit capture, positive pay, zero balance accounts, merchant services with Level 1 PCI-compliant Customer Vault). Supporting technology includes iOS/Android mobile apps, online banking platforms, digital wallet integrations (Apple Pay, Google Pay, Samsung Pay), third-party credit monitoring (SavvyMoney), and rules-based fraud detection (FraudWatch Plus). Wealth management is delivered through subsidiary Dime Financial Services via an LPL Financial partnership, and title insurance through subsidiary Dime Abstract, LLC.
Revenue is generated primarily through net interest income on the $15B loan and securities portfolio (Q1 2026 NIM of 3.21%, expanding 10 basis points sequentially), supplemented by recurring business banking account fees ($15-$95/month tiers), transaction-based merchant services, SBA origination fees, and wealth management commissions. The bank's competitive positioning relies on relationship banking, SBA Preferred Lender status, an Outstanding CRA rating, BBB+ KBRA credit rating with Positive outlook, and aggressive deposit and talent gathering (over $3 billion in core deposits since 2023, approximately 22 senior bankers hired from competitors including a Signature Bank team managing $1B+ in deposits). Recent strategic moves include NYSE listing transfer, two new branch openings, the Equipment and Franchise Finance Group launch, and the transition to Dime Commercial Bank branding.
Dime Community Bank firmographics
Firmographics- Name
- Dime Community Bank
- Legal name
- Dime Commercial Bancshares, Inc.
- Website
- https://dime.com
- Company type
- Public
- Founded year
- 1864
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Dime Community Bank (rebranding to Dime Commercial Bank) is a publicly traded New York community and commercial bank with approximately $15 billion in assets, 62 branches from Manhattan to Montauk, serving commercial businesses, small businesses, municipalities, and individuals with lending, deposits, treasury management, and wealth services.
- Ownership category
- akta.pro rank
Dime Community Bank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
Keywords
Where Dime Community Bank is headquartered
LocationHeadquarters
- HQ city
- Hauppauge
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Dime Community Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Net Interest Income: Core revenue from interest-earning assets (loans and securities) minus interest-bearing liabilities (deposits and borrowings). Q1 2026 record total core revenue of $124 million, fully organic in origin. Net interest margin expanded 10 basis points to 3.21% in Q1 2026.
- Commercial Banking Fees: Account fees (Business Advantage $15/month, Business Advantage PLUS $95/month, Business Analysis varies), deposit services, and commercial lending origination fees
- Merchant Services: Debit and credit card payment processing, Customer Vault storage, Electronic Invoicing with competitive pricing and next-day funding
- Wealth Management and Securities: Investment advisory, brokerage services, and insurance products offered through LPL Financial partnership; commissions and advisory fees
- SBA Lending: SBA 7(a) loans from $100,000 to $5 million and SBA 504 loans from $350,000 to $20 million as SBA Preferred Lender
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Business Advantage: Essential business checking with up to 250 items |
| Subscription | Monthly | Business Advantage PLUS: Bundled Treasury Management with $100,000+ balance |
| Subscription | Monthly | Business Analysis: Full-service Treasury Management for highly active businesses |
| Transaction based/ take rate | Multi-year contract | SBA 7(a) Loans: Small business loans $100,000 to $5 million |
| Transaction based/ take rate | Multi-year contract | SBA 504 Loans: Commercial real estate and equipment loans $350,000 to $20 million |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels5 records
Dime Community Bank product offering
Product offeringCore offering
Dime Community Bank provides Multifamily Lending, Commercial, Business Banking, Personal Banking, and Residential Lending. The bank operates as a community-focused commercial bank offering commercial and industrial loans, commercial real estate lending, SBA loans, treasury management services, personal checking, savings, mortgages, credit cards, and wealth management. It serves commercial businesses, small businesses, municipalities, not-for-profits, and individual consumers across 62 branches in the New York metropolitan area.
Product overview
Dime Commercial Bank operates as a community-focused commercial bank offering a unified suite of retail and commercial banking products across 62 locations in the New York metropolitan area. The portfolio spans core deposit products (checking, savings, CDs, money market accounts) and lending products (residential mortgages, commercial real estate loans, C&I loans, SBA 7(a) and 504 loans, equipment financing, franchise lending) supported by treasury management services (ACH origination, lockbox, remote deposit capture, positive pay, merchant services, zero balance accounts). Digital banking channels include online and mobile banking apps, digital wallets (Apple Pay, Google Pay, Samsung Pay), and integrated credit monitoring via SavvyMoney. The bank also offers wealth management advisory services through Dime Financial Services (partnered with LPL Financial) and title insurance through Dime Abstract. The May 2026 rebranding from Dime Community Bank to Dime Commercial Bank reflects its strategic positioning as a commercial banking institution.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Checking - Business Advantage Essential business checking account with monthly fee of $15 (waived with $10,000 average balance), includes up to 250 items monthly. Over 250 items: $25 monthly fee, waived with $20,000 balance. No minimum deposit to open. Includes mobile and online banking, business debit Mastercard, and access to treasury management services. Designed for small to mid-sized businesses.
- Business Checking - Business Advantage PLUS Premium business checking bundled with treasury management products. Requires $100,000 average balance in linked non-interest bearing accounts. $95 monthly fee. Includes up to 500 electronic deposits at no charge. Targeted at businesses with higher balances needing bundled treasury services.
- Business Checking - Business Analysis Full-service Treasury Management account designed for highly active businesses. Includes earnings credits on non-interest bearing deposits that can reduce banking service charges. Includes ACH origination, Remote Deposit services, and fraud prevention tools. Pricing varies based on usage.
- SBA 7(a) Loans Small Business Administration loans ranging from $100,000 to $5 million for owner-operated real estate, start-ups, acquisitions, inventory, equipment, improvements, expansion, franchise financing, debt refinancing, and working capital. SBA Preferred Lender status enables streamlined approval without SBA direct review. Designed for small business borrowers.
- SBA 504 Loans Small Business Administration 504 loans ranging from $350,000 to $20 million for fixed asset financing and commercial real estate. As SBA Preferred Lender, Dime offers faster processing for longer-term financing needs. Targeted at small businesses needing commercial real estate or major equipment financing.
- Merchant Services Payment processing solutions enabling businesses to accept debit and credit card payments in-store and online. Features include Customer Vault for secure card storage (Level 1 PCI DSS-compliant since 2004), Electronic Invoicing, and iProcess mobile point-of-sale app. Includes next-day funding and competitive pricing. Targeted at merchants across retail, restaurant, and e-commerce.
- Foreign Exchange Services Currency exchange and international transaction services for business customers engaged in cross-border trade. Provides FX execution and wire services for international payments.
- Positive Pay (Check and ACH) Fraud prevention solution that matches checks and ACH transactions presented for payment against issued lists, with exception reporting for business review and go/no-go decisioning. Protects businesses against unauthorized payments. Targeted at business banking customers concerned about payment fraud.
- ACH Origination Services Automated Clearing House services enabling businesses to process credit and debit transactions, payroll, and vendor payments without paper checks. Supports direct deposit, vendor payments, and tax payments through electronic processing.
- Lockbox Services Cash management solution where customers mail payments to a designated address featuring company name and lockbox number. Bank deposits checks and provides remittance documents and deposit summaries. Speeds up receivables processing for businesses with high check volume.
- Remote Deposit Capture Service allowing businesses to scan and deposit checks from their office using a portable check scanner and secure website transmission. Speeds up check deposits and improves cash flow for businesses receiving check payments.
- Zero Balance Accounts Cash concentration solution that maintains subsidiary accounts at zero balance by automatically funding disbursements from a central operating account. Optimizes cash management for businesses with multiple locations or entities.
- Commercial Term Loans Term financing for equipment purchases, acquisitions, and debt consolidation, requiring collateral in the form of property or equipment with flexible payment terms. Targeted at commercial borrowers needing structured debt financing.
- Equipment and Franchise Finance Group Specialized lending vertical for middle-market companies and franchise operators, focusing on large-ticket equipment financing and franchise lending, particularly in quick-service restaurants. Launched in May 2026 as a new product vertical to expand the bank's commercial lending franchise.
- Business Savings (Business Advantage Statement Savings) Business savings account with interest earnings, FDIC insurance, no minimum to open, and integration with online and mobile banking. Designed for businesses to earn interest on operating reserves.
- Letters of Credit Fixed Standby Letters of Credit to ensure uninterrupted commercial transactions and protect against third-party non-performance. Targeted at businesses needing to guarantee performance or payment obligations to counterparties.
- IOLA and IOLTA Accounts Interest on Lawyers' Trust Account programs for law firms to hold client funds in accordance with regulatory requirements. Targeted at law firms managing client trust accounts.
- Municipal Banking Solutions
Quantifiable outcome
- Record Q1 2026 revenue of $124 million with 67% YoY EPS growth to $0.75
- +5 more outcomes
Companies that use Dime Community Bank
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles6 records
Dime Community Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature4 records
Dime Community Bank partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Community Development of Long Island (CDLI)coreContinued partnership with CDLI, a not-for-profit supporting affordable housing and financial education in Long Island. Dime holds over $14 billion in assets and significant market share among community banks.
- Long Island Economic Opportunity Collaborative (LIEOC)minorDime awarded grant to LIEOC supporting academic and vocational training programs for career advancement and social mobility services in Nassau and Suffolk counties on Long Island.
- GreenPath Financial WellnesscorePartnership with national nonprofit GreenPath Financial Wellness offering free financial counseling, debt management plans, housing services, credit report review, student loan resources, and educational webinars to Dime customers. GreenPath has 60+ years experience.
- LPL FinancialcoreWealth management partnership with LPL Financial, the nation's largest independent broker-dealer. Dime Financial Services (DFS) advisors offer investment advisory, brokerage, insurance products through LPL platform. DFS creates personalized financial plans.
- New York IslandersminorOfficial Commercial and Retail bank of the New York Islanders sports team, providing banking visibility and sports marketing partnership.
- New York JetsminorOfficial Private bank of the New York Jets, providing exclusive banking relationship and sports marketing visibility.
- FraudWatch Plus (Fraud Prevention Services)corePartnership with FraudWatch Plus for leading technology fraud detection and monitoring on ATM and debit cards to help detect and minimize fraud.
Scale indicators12 records
Recent moves10 records
Expansion highlights6 records
Dime Community Bank competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key highlights7 records
Customer concentration
Dime Community Bank social profiles
Digital presenceDime Community Bank compliance and trust
Trust signalCompliance5 records
Dime Community Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dime Community Bank leadership team
Management profileNumber of profiles
Profiles9 records
Dime Community Bank subsidiaries and ownership
Company hierarchySubsidiaries4 records
Dime Community Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dime Community Bank M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dime Community Bank
What does Dime Community Bank do?
Dime Community Bank provides Multifamily Lending, Commercial, Business Banking, Personal Banking, and Residential Lending. The bank operates as a community-focused commercial bank offering commercial and industrial loans, commercial real estate lending, SBA loans, treasury management services, personal checking, savings, mortgages, credit cards, and wealth management. It serves commercial businesses, small businesses, municipalities, not-for-profits, and individual consumers across 62 branches in the New York metropolitan area.
Is Dime Community Bank a public or private company?
Dime Community Bank is a public company. It is classified as public and is currently operating.
When was Dime Community Bank founded?
Dime Community Bank was founded in 1864. It employs 501 to 1,000 people.
Where is Dime Community Bank based?
Dime Community Bank is headquartered in Hauppauge, United States, in the North America region.
How does Dime Community Bank make money?
Five revenue lines are on record. Net Interest Income is the primary driver. The others are commercial Banking Fees, merchant Services, wealth Management and Securities and SBA Lending.
Does Dime Community Bank have an API?
No public API is recorded for Dime Community Bank.
What industry is Dime Community Bank in?
Dime Community Bank's product category is Commercial Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6022.