The Dime Bank
The Dime Bank is a community bank founded in 1905 in Honesdale, PA, serving personal and small-business customers across Northeast Pennsylvania with deposit accounts, mortgage and home equity lending, commercial real estate loans, wealth management, and digital banking built on the Banno/Jack Henry Digital platform.
- Company typePrivate
- Founded1905
- HeadquartersHonesdale, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What The Dime Bank does
The Dime Bank is a community bank founded in 1905, headquartered in Honesdale, Pennsylvania, and operating multiple branches across Northeast Pennsylvania under FDIC insurance (FDIC-031308551) and NMLS #431592. It serves two principal customer segments: personal banking consumers (checking, savings, CDs, mortgages, home equity loans, HELOCs, credit and debit cards) and small-to-medium businesses (business checking/savings, commercial real estate loans, cash management services). The bank extends its franchise into wealth management through The Dime Wealth Management, a wholly-owned subsidiary offering investment and advisory services, and into financial literacy via the MoneyWise Kids mobile application.
The technology stack is delivered as a managed service rather than built in-house: digital banking (online and mobile channels) runs on the Banno platform within the Jack Henry Digital infrastructure, with Deluxe powering personal check ordering. Product surface includes online account opening, a Switch Kit migration tool, digital banking tutorials, financial calculators, and a dedicated Entrepreneurial Center resource hub for SMB clients. All digital capabilities are consumer-facing self-serve channels rather than API- or developer-facing surfaces; no public or partner-facing API is documented.
The business model is a traditional spread-based community bank: revenue is generated primarily through net interest income on mortgages, home equity loans, commercial real estate loans, and consumer lending products, supplemented by banking fees and service charges (checking, debit cards) and fee income from The Dime Wealth Management. Go-to-market is community-led, relying on local branch presence, in-person relationship banking, and digital channels targeting personal and SMB customers within the Northeast Pennsylvania footprint. Promotional pricing on the 23-month CD (3.23% APY) and fee-free home equity loans (5.74%-6.24% APR depending on term) are the most visible commercial levers in current marketing. A Dimeco, Inc. shareholder relations page on the bank's website suggests a bank-holdco structure, though no ownership percentages or parent disclosures are provided in the available source material.
The Dime Bank firmographics
Firmographics- Name
- The Dime Bank
- Legal name
- The Dime Bank
- Website
- https://thedimebank.com
- Company type
- Private
- Founded year
- 1905
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The Dime Bank is a community bank founded in 1905 in Honesdale, PA, serving personal and small-business customers across Northeast Pennsylvania with deposit accounts, mortgage and home equity lending, commercial real estate loans, wealth management, and digital banking built on the Banno/Jack Henry Digital platform.
- Ownership category
- akta.pro rank
The Dime Bank industry classification
Industry- Product category
- Community Banking
- NAICS
- Commercial Banking (52211)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Credit Cards & Revolving Credit (FSABAAAC), Branch & In-Person Banking (Teller/ATM Networks) (FSABAAAE), Net Worth & Personal Balance Sheet Tracking (FSAGADAF)
Keywords
Where The Dime Bank is headquartered
LocationHeadquarters
- HQ city
- Honesdale
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
The Dime Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Interest Income: Traditional community bank generating revenue through interest earned on loans including mortgages, home equity loans, commercial real estate loans, and consumer lending products. Interest paid on deposits and CDs represents cost of funds.
- Banking Fees and Service Charges: Fees associated with checking accounts, debit cards, and other banking services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | 23-month CD at 3.23% APY |
| Unit Pricing | Monthly | Home Equity Loan 12-72 months: 5.74% APR |
| Unit Pricing | Monthly | Home Equity Loan 73-120 months: 5.99% APR |
| Unit Pricing | Monthly | Home Equity Loan 121-144 months: 6.24% APR |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
The Dime Bank product offering
Product offeringCore offering
The Dime Bank is a community bank providing personal and business banking products and services through physical branches in Northeast Pennsylvania and digital channels. Core offerings include deposit accounts (checking, savings, certificates of deposit), lending products (mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans), debit and credit cards, business cash management, and investment advisory services delivered through The Dime Wealth Management division.
Product overview
The Dime Bank is a community bank offering a unified banking platform combining personal and business banking products. The core offering centers on digital and branch-based deposit accounts (checking, savings, CDs), lending products (mortgage loans, home equity loans, HELOCs, commercial real estate loans), and card services. The portfolio includes specialized products like the MoneyWise Kids financial literacy app, The Dime Wealth Management division for investment services, an Entrepreneurial Center for business support, and Cash Management & Business Services for commercial customers. The bank provides both online/mobile banking access and in-person branch services across Northeast Pennsylvania locations, with technology infrastructure powered by Jack Henry Digital.
Differentiator
Problem solved
Functional benefit
Brands
- The Dime Wealth Management: Wealth management and investment services offered by the bank
Products and services
- Personal Digital Banking Online and mobile banking platform for personal banking customers enabling account access, fund transfers, bill payment, and remote financial management via web and mobile interfaces.
- Business Digital Banking Digital banking platform for business customers providing online and mobile access together with cash management and business services.
- MoneyWise Kids Mobile application that teaches children financial literacy through gamified features allowing kids to earn money for chores, save toward goals, share with causes, and invest in future habits.
- Home Equity Loan Second mortgage product providing a lump sum using home equity as collateral, with competitive rates (5.74% APR for 12-72 months, 5.99% for 73-120 months, 6.24% for 121-144 months), no prepayment penalty, and no application, flood search, property search, points, origination, or mortgage recording fees.
- Home Equity Line of Credit (HELOC) Revolving credit line secured by home equity that provides flexible access to funds, with interest paid only on drawn amounts and potential tax advantages.
- Mortgage Loans Home mortgage financing options designed to help customers purchase homes, with multiple loan structures available to fit different financial situations and goals.
- Commercial Real Estate Loan Business lending product for securing office and commercial property locations, supported by experienced lenders familiar with the bank's Northeast Pennsylvania markets.
- Personal Checking Personal checking account offering everyday banking services with digital access and branch support.
- Personal Savings & CDs Personal savings accounts and Certificate of Deposit products, including a featured 23-month CD offering 3.23% APY.
- Business Checking Business checking accounts with features designed for business banking needs, including cash management services.
- Business Savings & CDs Business savings accounts and Certificate of Deposit products for business deposits.
- Debit Card Debit card service enabling point-of-sale transactions and ATM access, with online reporting for lost or stolen cards.
- Credit Cards Credit card products for personal banking customers.
- The Dime Wealth Management Investment and wealth management services offered through a dedicated division to help customers manage and grow their investments.
- Cash Management & Business Services Comprehensive cash management and treasury services for business customers, including business banking solutions.
Companies that use The Dime Bank
Customer profileSegments2 records
Ideal customer profiles2 records
The Dime Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
The Dime Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- BannocoreDigital banking platform provider powering The Dime Bank's online and mobile banking services. Jack Henry digital infrastructure enabling modern banking experiences.
- Jack Henry DigitalcoreTechnology partner providing digital banking infrastructure and platform services for The Dime Bank's online and mobile banking capabilities.
Scale indicators3 records
Recent moves5 records
Expansion highlights5 records
The Dime Bank competitors and assessment
Company assessmentBroad incumbents
- NBT Bank: Larger regional bank with significant presence across upstate New York and northern Pennsylvania, offering commercial, mortgage, and wealth services that overlap with The Dime Bank's products in shared PA counties.
- Tompkins Financial: Regional bank holding company with community-bank subsidiaries across the Northeast, overlapping with The Dime Bank on consumer/commercial banking, mortgages, and wealth management in adjacent PA/NY markets.
- S&T Bancorp: Western and central Pennsylvania regional bank holding company with consumer, commercial, and wealth management lines directly comparable to The Dime Bank's product portfolio at a larger scale.
Direct peers
- Penn Community Bank: Pennsylvania-based community bank with comparable consumer and business banking products, community-led GTM, and focus on local decision-making similar to The Dime Bank's positioning.
- Peoples Security Bank & Trust Company: Northeast and central Pennsylvania community bank with a comparable personal/business lending and deposit product set, including community-bank-style local decision-making.
- Honesdale National Bank: Community bank also headquartered in Honesdale, PA, offering nearly identical personal and business banking, mortgage, and deposit products to the same Northeast PA customer base — the closest one-to-one local competitor.
- FNCB Bank (Northeastern Bank): Pennsylvania community bank serving NE/central PA with personal and business banking, mortgages, and digital channels — directly comparable in size, product set, and regional concentration.
- Wayne Bank: NE Pennsylvania community bank with overlapping branch footprint, comparable personal/business deposit and lending products, and a similar community-led GTM motion targeting the same regional customer pool.
- First Keystone Community Bank: PA-based community bank offering consumer and commercial banking, mortgages, and wealth services across a similar multi-county Pennsylvania footprint; closely aligned on product mix and target segments.
Regional players
- Mauch Chunk Trust Company: Small Pennsylvania community bank in the eastern part of the state with similar community-bank product set and customer profile; comparable in scale and business model, with only partial geographic overlap.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
The Dime Bank social profiles
Digital presenceThe Dime Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Dime Bank leadership team
Management profileNumber of profiles
The Dime Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
The Dime Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Dime Bank 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 The Dime Bank
What does The Dime Bank do?
The Dime Bank is a community bank providing personal and business banking products and services through physical branches in Northeast Pennsylvania and digital channels. Core offerings include deposit accounts (checking, savings, certificates of deposit), lending products (mortgage loans, home equity loans, home equity lines of credit, commercial real estate loans), debit and credit cards, business cash management, and investment advisory services delivered through The Dime Wealth Management division.
Is The Dime Bank a public or private company?
The Dime Bank is a private company. It is classified as corporate owned and is currently operating.
When was The Dime Bank founded?
The Dime Bank was founded in 1905. It employs 51 to 100 people.
Where is The Dime Bank based?
The Dime Bank is headquartered in Honesdale, United States, in the North America region.
How does The Dime Bank make money?
Two revenue lines are on record. Interest Income is the primary driver. The others are banking Fees and Service Charges.
Who are The Dime Bank's main competitors?
Broad incumbents on record are NBT Bank, Tompkins Financial and S&T Bancorp. Direct peers are Penn Community Bank, Peoples Security Bank & Trust Company, Honesdale National Bank, FNCB Bank (Northeastern Bank), Wayne Bank and First Keystone Community Bank. Mauch Chunk Trust Company is listed as a regional player.
Does The Dime Bank have an API?
No public API is recorded for The Dime Bank.
What industry is The Dime Bank in?
The Dime Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAAAC, Credit Cards & Revolving Credit. Its NAICS code is 52211 and its SIC code is 6022.