Profile

The Dime Community Bank, originally known as the Dime Savings Bank of Williamsburgh, is a local, FDIC-insured bank originally based in the Williamsburg neighborhood of Brooklyn, New York, operating in the area since 1864. In 2017, Dime moved its headquarters to Brooklyn Heights. Dime Community Bank first opened in Brooklyn on June 1, 1864. Founded by William Grandy, Dime was established as a mutual savings bank serving the growing immigrant and low-income populations in the area. When the Brooklyn Bridge was completed in 1883, the bank made a name for itself helping anchor the neighborhood’s housing market with competitive home loans and fair terms.[citation needed]