Dime Bank helps boost your savings

We're invested in our Connecticut and Rhode Island customers, and we structure our rates to help them build up their savings steadily.

Rates effective 8/19/19 are subject to change at any time

Please contact any one of our convenient branches for current rates and terms.

Certificate of Deposit Account *


Certificate of Deposit Rates

Length Minimum to Open Interest Rate Annual Percentage Yield
30 Days $500.00 0.15% 0.15%
91 Days $500.00 0.15% 0.15%
182 Days $500.00 0.25% 0.25%
1 Year $500.00 0.399% 0.40%
18-month*** $500.00 0.50% 0.50%
2 Years $500.00 0.70% 0.70%
3 Years $500.00 0.995% 1.00%
4 Years $500.00 1.24% 1.25%
5 Years $500.00 1.34% 1.35%
6 Year Bump $500.00 1.980% 2.00%
7 Year Bump $500.00 2.127% 2.15%
Fees may reduce earnings. Minimum balance is $0.01 to earn interest. 

* Penalty may be imposed for early withdrawal of principal. All quoted rates are subject to change without notice. 
** At maturity, will be automatically renewed into a 1 Year CD.
*** At maturity, will be automatically renewed into a 2 Year CD.
​**** At maturity, will be automatically renewed into a 3 Year CD.

 

Certificate of Deposit Special Rates **


Certificate of Deposit Special Rates

Length Minimum to Open Interest Rate Annual Percentage Yield
10-month** $500.00 1.69% 1.70%
17-month*** $500.00 2.176% 2.20%
22-month*** $500.00 2.274% 2.30%
30-month**** $500.00 2.371% 2.40%
Fees may reduce earnings. Minimum balance is $0.01 to earn interest. 

** Penalty may be imposed for early withdrawal of principal. All quoted rates are subject to change without notice. 
*** At maturity, will be automatically renewed into a 2 Year CD.
​**** At maturity, will be automatically renewed into a 3 Year CD.

 

Flex Certificate of Deposit Rates


Flex Certificate of Deposit Rates

Length Minimum to Open Interest Rate Annual Percentage Yield
14 Month $5,000.00 1.980% 2.00%
Not available for Retirement Funds. Fees may reduce earnings. Minimum balance is $0.01 to earn interest.

At maturity, will be automatically renewed into a 1 Year CD

Penalty may be imposed for early withdrawal of principal. All quoted rates are subject to change without notice.

Consumer customers must have a Dime Prime Checking Account or a Dime Wired Checking Account. Commercial Customers must have a Dime Business Checking Account.

Maximum deposit is $200,000.00.

During the initial term, you may make the following transactions on your account before maturity:
  • - Two (2) deposits not to exceed a total deposit balance of $200,000.00 and/or
  • - Two (2) penalty free withdrawals of principal, one of which may be used to bring the account balance to zero and close the account. In the event you make a withdrawal from your account, the withdrawal cannot be made until the seventh day after any deposit or partial withdrawal.