Dime News
5-Star Dime Bank Soars Above the Competition
News Release - June 24, 2010
June 2010 - It is with great pride that BAUERFINANCIAL, Inc.,
Coral Gables, Florida, announces that Dime Bank, Norwich, Connecticut
has earned its highest 5-Star Superior rating for strength and stability.
The past few years have been extremely difficult for the banking industry
and the fact that Dime Bank continues to excel in such areas as capital
adequacy, delinquent loan levels and profitability, clearly indicates
it is one of the strongest banks in the country.
"With a full ten percent of the nation's banks now on the FDIC's
"problem" list and even more on ours," notes Karen L. Dorway,
president of BAUERFINANCIAL, "the fact that Dime Bank continues to
not just withstand the pressures, but even excel in this environment,
indicates its management is doing things right. Bauer's stringent 5-Star
requirements haven't changed, but the climate definitely has and the fact
that Dime Bank has earned this prestigious rating sets it well above the
competition."
Dime Bank was established in 1869 and has been serving the banking needs
of its neighbors and friends for 141 years. It currently operates through
11 conveniently located offices in Connecticut and Rhode Island and can
also be found on the internet at www.dime-bank.com.
Dime Bank: "You can depend on the Dime."
BAUERFINANCIAL, INC., Coral Gables, Florida, the nation's leading independent
bank and credit union rating and research firm, has been reporting on
and analyzing the performance of U.S. banks and credit unions since 1983.
No institution pays BauerFinancial to rate it, nor can any choose to be
excluded. Consumers may obtain star-ratings by visiting www.bauerfinancial.com.
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