My Personal Savings, CDs and IRAs

The Dime Bank offers many different ways to help you save for your future. Whether it is planning for your children’s college, preparing for retirement or just saving for a rainy day, The Dime Bank is sure to have a savings vehicle that is right for you!

Account Type Free Services & Extras Opening Balance Minimum Balance Requirement Monthly Service Charge
STATEMENT SAVINGS Learn More»  $1.00  $100 $2.00 if minimum balance requirement is not maintained
  • FREE Internet banking
  • FREE telephone banking
  • Earn more money on higher balances with tiers beginning at $100, $2,500 and $25,000
  • Federal Regulation: Limit of six (6) transfers per statement cycle by phone, Dime On Line, preauthorized thransfers, or automatic clearing house items to third parties. Unlimited transactions in branch and at an ATM.

KIDS SAVINGS Learn More»  $1.00  none none
  • FREE Internet banking
  • FREE telephone banking
  • Tiered interest rates starting with as little as $5.00
  • Federal Regulation: Limit of six (6) transfers per statement cycle by phone, Dime On Line, preauthorized thransfers, or automatic clearing house items to third parties. Unlimited transactions in branch and at an ATM.

 

CERTIFICATES OF DEPOSIT
(CDs)
Learn More»  $2,500  $2,500  none  
  • Maximum flexibility with terms ranging from 3 to 60 months
  • Regular CDs - Low minimum balance requirements of $2,500
  • Choice CDs - Low minimum balance requirements of $1,000
  • Convenient automatic renewals eliminate the need for extra bank visits
  • With the Certificate of Deposit Account Registry Service®, or CDARS®, customers can access multi-million-dollar FDIC insurance on CDs through The Dime Bank. Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.
  • The Dime Bank is not accepting Certificates of Deposit from financial institutions or brokers and reserves the right to refuse any CD money from business entities and individuals who do not enjoy a full banking relationship with The Dime Bank.

 

COVERDELL EDUCATION 529 Learn More»  $1,000 $1,000 none
  • An excellent way to save for a beneficiary's elementary, secondary and/or higher education
  • Earnings grow tax free when used for qualified education expenses such as tuition, room and board, books & supplies, computers, uniforms and transportation
  • Contributions may be made until the beneficiary's 18th birthday and distributions may be taken until their 30th birthday

 

INDIVIDUAL RETIREMENT ACCOUNTS
(IRA)
Learn More»  $1,000 $1,000 none
  • Two secure FDIC insured ways to save for your retirement: Roth and Traditional.
  • Club IRAs available with low minimum opening balance of $100 with one time penalty free transfer to another Dime Bank IRA account.

 

Holiday Club Learn More»  $1.00    none
  • FDIC insured
  • Unlimited deposits
  • Interest compounding quarterly

 

Member FDIC | Equal Housing Lender

     

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