Dime
Dime Commercial Bank (NYSE: DCOM) is a New York State-chartered bank with ~$15 billion in assets, 62 branches from Manhattan to Montauk, and #1 deposit share on Greater Long Island, serving commercial, municipal, professional services, and consumer clients across the NYC metro.
- Company typePublic
- Founded1865
- HeadquartersBrooklyn, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Dime does
Dime Commercial Bank (NYSE: DCOM) is a New York State-chartered trust company with approximately $15 billion in total assets, 62 branch locations spanning Manhattan to Montauk, and 800+ employees, holding the #1 deposit market share on Greater Long Island among community banks under $20 billion in assets. Founded in 1864/1865, the bank operates a hybrid commercial-and-consumer banking model organized around three product pillars: (1) commercial banking spanning C&I lending, commercial real estate, multifamily, fund finance, sponsor finance, SBA 7(a) and 504 loans, and industry-specific verticals (healthcare, law firms, municipalities, not-for-profits, property management); (2) treasury management comprising ACH origination, positive pay fraud prevention, lockbox, remote deposit capture, merchant services, zero balance accounts, and escrow services, delivered via the Business Online Banking and Dime Business Mobile Banking platforms; and (3) personal banking (checking, savings, money market, CDs, mortgages via Dime Abstract title insurance, credit cards) plus wealth management through subsidiary Dime Financial Services (DFS) in partnership with LPL Financial.
The technology layer is largely conventional core-banking-plus-digital rather than differentiated: online banking platforms (dime.onlinebank.com), iOS and Android mobile apps for personal and business customers, a digital Cards feature for debit card controls, SavvyMoney credit score integration, Apple Pay/Google Pay/Samsung Pay wallet support, Zelle payments, QuickBooks Desktop Direct Connect, and third-party fraud monitoring through FraudWatch Plus. HotJar and Google Analytics are deployed on the marketing side. No proprietary AI/ML systems or developer-facing APIs are disclosed.
Dime generates revenue via traditional banking economics: net interest income from commercial and consumer lending funded by core deposits (personal and business checking tiers — Business Advantage $15/mo waived at $10K balance, Business Advantage PLUS $95/mo at $100K+ balance, Business Analysis with earnings credits), plus fee-based treasury management, merchant services, wealth management advisory fees routed through LPL, and ancillary services (mortgage origination, title insurance via Dime Abstract). Go-to-market combines dedicated commercial/municipal relationship managers with a 62-branch direct-to-consumer retail network, supported by sponsorships with the NY Islanders and NY Jets, the #DimeDay volunteer program, and nonprofit partnerships (CAST, CHCF, St. Nick's Alliance, Brooklyn Public Library) to reinforce community deposit-gathering and brand positioning in the Greater New York market.
Dime firmographics
Firmographics- Name
- Dime
- Legal name
- Dime Commercial Bank
- Website
- https://dime.com
- Company type
- Public
- Founded year
- 1865
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Dime Commercial Bank (NYSE: DCOM) is a New York State-chartered bank with ~$15 billion in assets, 62 branches from Manhattan to Montauk, and #1 deposit share on Greater Long Island, serving commercial, municipal, professional services, and consumer clients across the NYC metro.
- Ownership category
- akta.pro rank
Dime industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- General SME & Middle-Market Commercial Banking (FSABABAA)
- akta.pro secondary industries
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB)
Keywords
Where Dime is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Dime 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
- Banking Operations: Traditional banking revenue from commercial and consumer lending, deposit gathering, and related financial services. Interest income from loan portfolio and fee income from account services.
- Commercial Lending: C&I lending, commercial real estate lending, fund finance, SBA loans (7(a) loans from $100,000 to $5 million, 504 loans from $500,000 to $20 million), commercial term loans, and letters of credit.
- Deposit Services: Personal and business checking accounts, savings accounts, money market accounts, and certificates of deposit with various fee structures and balance requirements.
- Treasury Management Services: Fee-based services including ACH origination, lockbox services, positive pay fraud protection, remote deposit capture, merchant services, and zero balance accounts.
- Wealth Management: Dime Financial Services (DFS) offering investment advisory, insurance products, brokerage services through LPL Financial, estate planning, and retirement planning.
- Private Banking: Personalized and private banking services for high net worth individuals and families, including wealth management and specialized banking solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Business Advantage - Essential business checking with fee waivers based on balance |
| Subscription | Monthly | Business Advantage PLUS - Bundled Treasury Management services |
| Subscription | Monthly | Business Analysis - Full-service Treasury Management for active businesses |
| Unit Pricing | Multi-year contract | SBA 7(a) Loans |
| Unit Pricing | Multi-year contract | SBA 504 Loans |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels6 records
Dime product offering
Product offeringCore offering
Dime Commercial Bank is a New York State-chartered trust company offering a full suite of personal and commercial banking products, including checking, savings, CDs, money market accounts, mortgages, credit cards, SBA loans, commercial real estate lending, C&I lending, fund finance, and sponsor finance. It also delivers treasury management services (ACH origination, remote deposit capture, lockbox, positive pay, merchant services), wealth management through Dime Financial Services (LPL Financial partnership), and industry-specific banking solutions for municipalities, healthcare, law firms, not-for-profits, and property management. Distribution is through 62 branch locations from Manhattan to Montauk complemented by online and mobile banking channels.
Product overview
Dime Commercial Bank (Dime) operates as a New York State-chartered trust company with approximately $15 billion in assets, offering a comprehensive suite of banking products under a unified commercial banking platform. The product portfolio spans personal banking (checking, savings, CDs, money market accounts, mortgages, credit cards, wealth management), business banking (Business Advantage Checking, Business Advantage PLUS, Business Analysis, business savings), and specialized lending (SBA loans, commercial term loans, commercial real estate, C&I lending, fund finance, municipal banking, and industry-specific solutions). Treasury Management services including ACH origination, Remote Deposit Capture, Lockbox Services, Positive Pay, Merchant Services, Zero Balance Accounts, and Escrow Services are offered as integrated add-on modules within the business banking platform. Digital banking channels include personal and business online banking platforms, mobile banking apps, the Cards debit management feature, Digital Wallet integration (Apple Pay, Google Pay, Samsung Pay), and SavvyMoney credit monitoring. Wealth management is delivered through Dime Financial Services in partnership with LPL Financial. The bank also partners with GreenPath Financial Wellness for customer financial wellness programs.
Differentiator
Problem solved
Functional benefit
Brands
- Dime Financial Services (DFS): Wealth management and financial advisory services division operating through LPL Financial partnership
- Dime Business Mobile Banking
- Dime Community Bank Mobile
Products and services
- Personal Checking Personal checking accounts offering debit Mastercard, check ordering, and access to online and mobile banking platforms for individuals.
- Personal Savings Statement savings and money market accounts with competitive interest rates and FDIC insurance for personal customers.
- Certificates of Deposit (CDs) Fixed-term deposit accounts with guaranteed returns, FDIC insured up to the maximum allowed by law, with terms up to 5 years.
- Money Market Accounts Short-term investment accounts offering competitive interest rates with FDIC insurance and liquidity for short-term financial goals.
- Personal Mortgages Home loan products including mortgage origination, title insurance services through Dime Abstract, and online mortgage account management.
- Credit Cards Dime-branded credit card products with features for controlling spending, receiving alerts, and managing card usage through online banking.
- Dime Financial Services (DFS) / Wealth Management Comprehensive wealth management including financial planning, investment advisory, retirement planning, estate planning, and insurance products, offered through partnership with LPL Financial.
- Business Advantage Checking Essential business checking account with monthly fee waivers based on average balance, up to 250 items per month, and access to online and mobile banking.
- Business Advantage PLUS Premium business checking bundled with Treasury Management services including ACH, wire transfers, and mobile deposits for businesses with higher transaction volumes.
- Business Analysis Full-service Treasury Management account offering earnings credits, remote deposit capture, and online ACH origination for highly active business customers.
- Business Savings Business savings account with competitive interest rates, FDIC insurance, and mobile and online banking access.
- SBA Loans (7(a) and 504) Small Business Administration loans including 7(a) loans ($100K-$5M) and 504 loans ($350K-$20M) for business start-ups, acquisitions, real estate, and working capital. Dime is an SBA Preferred Lender.
- Commercial Term Loans Term financing for business equipment purchases, acquisitions, facility remodels, emergency repairs, and debt consolidation with flexible payment terms.
- Letters of Credit Standby Letters of Credit to guarantee commercial transactions and protect businesses from third-party non-performance.
- Commercial Real Estate Lending Financing solutions for commercial property acquisitions, development, and refinancing.
- C&I Lending Commercial and Industrial lending services for businesses with customized financing solutions.
- Fund Finance Specialized financing for investment funds including capital call facilities and subscription credit lines.
- Sponsor Finance
Quantifiable outcome
- Outstanding Community Reinvestment Act rating and 'Leader in providing community development services' recognition from Federal Reserve Bank of New York
- +3 more outcomes
Companies that use Dime
Customer profileNamed customers5 records
Segments7 records
Ideal customer profiles5 records
Dime technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
Feature6 records
Dime partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Forman Family (Peter Luger Steak House)coreProperty owners of 185 Broadway in Williamsburg, Brooklyn (former Signature Bank space). The Forman Family are also owners of Peter Luger Steak House, an existing client of Dime. This partnership enables Dime's expansion into the Williamsburg community.
- The Center for Advocacy, Support and Transformation (CAST)minorNonprofit organization serving vulnerable and low-income individuals and families on Long Island. CAST provides assistance with food, housing, employment, and healthcare needs through its North Fork Culinary Program which helps participants achieve economic security through education and workforce training.
- Committee for Hispanic Children and Families (CHCF)minorOrganization providing programs serving underserved children and families throughout New York City and the home-based childcare providers who support them. Offers education, capacity building, and advocacy services.
- St. Nick's AllianceminorBeneficiary of the Dime McCarren 5K run and walk. Dime has been lead sponsor for 10 consecutive years. St. Nick's Alliance provides services to underserved youth and adults including youth aftercare, literacy education, elder care, and workforce development.
- GreenPath Financial WellnesscorePartnership to offer free financial counseling to Dime customers on Greater Long Island. GreenPath is a national nonprofit with 60+ years of experience providing free one-on-one financial counseling, debt management services, and financial education resources including housing counseling and student loan resources.
- LPL FinancialcoreDime Financial Services (DFS) partners with LPL Financial, the nation's largest independent broker-dealer, to provide an extensive range of wealth management products and services including investment advisory, insurance, brokerage services, and retirement planning.
- FraudWatch PluscoreThird-party fraud monitoring service utilized by Dime to monitor, detect, and minimize fraud on ATM and debit cards. Provides fraud prevention calls to customers when suspicious activity is detected.
- Virtual EnterpriseminorDime supports the annual Virtual Enterprise Youth Summit by volunteering to judge student projects. The summit challenges high school students across the US and internationally to develop and run virtual businesses.
- Brooklyn Public Libraryminor#DimeDay volunteer events at Brooklyn Public Library - Carroll Gardens Branch including painting and sprucing up exterior fence.
- THE INN (Interfaith Nutrition Network)minor#DimeDay volunteer events serving THE INN which addresses issues of hunger and homelessness on Long Island by providing food, shelter, long-term housing, and supportive services.
- Partnerships for Parksminor#DimeDay volunteer events in partnership with Partnerships for Parks, a public-private partnership between City Parks Foundation and NYC Parks supporting volunteers caring for neighborhood parks and green spaces.
Scale indicators7 records
Recent moves8 records
Expansion highlights7 records
Dime competitors and assessment
Company assessmentDirect peers
- New York Community Bancorp: Closest direct peer: NYCB was a Long Island/NYC-headquartered community bank with a comparable CRE/multifamily-heavy loan book and ~$80B+ in assets before its 2024 disruption and subsequent acquisition. Business model alignment (multi-family/CRE concentration, deposit gathering, municipal banking) is near-identical to Dime's, making it the canonical comparable for valuation and franchise benchmarking.
- Valley National Bancorp: Mid-cap NY/NJ regional commercial bank (NASDAQ: VLY) with a multi-state branch network across the NY metro, similar C&I/Commercial Real Estate lending focus, comparable treasury management and SBA offerings, and similar mid-size community-bank positioning as a direct comparison.
- Webster Bank: Northeast-focused mid-size commercial bank (NYSE: WBS) with comparable products across commercial banking, treasury management, and consumer banking. Comparable size and product mix make Webster a clean public-market comparable for Dime's deposit-gathering and commercial-lending economics.
- ConnectOne Bancorp: NY/NJ-based community commercial bank (NASDAQ: CNOB) with similar size, comparable CRE/multifamily lending orientation, and overlapping footprint in the NY metro suburbs, offering near-direct line-item comparability on net interest margin, loan mix, and deposit composition.
- Northfield Bancorp: Staten Island, NY-headquartered community bank (NASDAQ: NFBK) with multi-family lending exposure and similar NY-metro deposit-gathering footprint. Highly comparable on the multifamily/1-4 family rental lending mix typical of NY community banks.
- BankUnited: Regional commercial bank (NYSE: BKU) with comparable mid-cap size, commercial/business banking focus, and treasury management offerings relevant to Dime's commercial banking competitors and product benchmarking.
- Customers Bancorp: Pennsylvania-based commercial bank (NYSE: CUBI) with similar mid-size business model centered on commercial lending, SBA, and treasury management — comparable product mix and similar asset size, providing a useful check on small-cap commercial-bank multiples.
- Kearny Financial Corp: Fairfield, NJ-based community bank (NASDAQ: KRNY) with a similar NY/NJ multi-family and commercial real estate lending profile. Comparable to Dime on CRE-led asset composition and deposit franchise characteristics.
- Trustco Bank Corp NY: Upstate NY-headquartered community bank (NASDAQ: TRST) with comparable size, traditional commercial/retail banking mix, and similar emphasis on local relationship banking. Use as a NY-state community-bank peer for relative valuation and operating metrics.
Broad incumbents
- Flagstar Bank: Flagstar acquired NYCB and Signature Bank's franchise in 2024, becoming a major NY-metro commercial and consumer bank. Dime has been actively hiring commercial bankers from Flagstar, and the two compete for the same NY/NJ client base across CRE, C&I lending, and retail deposits, but Flagstar is materially larger post-acquisition.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Dime social profiles
Digital presenceDime compliance and trust
Trust signalCompliance4 records
Dime financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dime leadership team
Management profileNumber of profiles
Profiles8 records
Dime subsidiaries and ownership
Company hierarchySubsidiaries3 records
Dime funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dime M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dime
What does Dime do?
Dime Commercial Bank is a New York State-chartered trust company offering a full suite of personal and commercial banking products, including checking, savings, CDs, money market accounts, mortgages, credit cards, SBA loans, commercial real estate lending, C&I lending, fund finance, and sponsor finance. It also delivers treasury management services (ACH origination, remote deposit capture, lockbox, positive pay, merchant services), wealth management through Dime Financial Services (LPL Financial partnership), and industry-specific banking solutions for municipalities, healthcare, law firms, not-for-profits, and property management. Distribution is through 62 branch locations from Manhattan to Montauk complemented by online and mobile banking channels.
Is Dime a public or private company?
Dime is a public company. It is classified as public and is currently operating.
When was Dime founded?
Dime was founded in 1865. It employs 501 to 1,000 people.
Where is Dime based?
Dime is headquartered in Brooklyn, United States, in the North America region.
How does Dime make money?
Six revenue lines are on record. Banking Operations are the primary driver. The others are commercial Lending, deposit Services, treasury Management Services, wealth Management and private Banking.
Who are Dime's main competitors?
Direct peers on record are New York Community Bancorp, Valley National Bancorp, Webster Bank, ConnectOne Bancorp, Northfield Bancorp, BankUnited, Customers Bancorp, Kearny Financial Corp and Trustco Bank Corp NY. Flagstar Bank is listed as a broad incumbent.
Does Dime have an API?
No public API is recorded for Dime.
What industry is Dime in?
Dime's product category is Commercial Banking. Its primary akta.pro industry code is FSABABAA, General SME & Middle-Market Commercial Banking, with a secondary code of FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings). Its NAICS code is 52211 and its SIC code is 6022.