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 12/09/19 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 0.20% 0.20%
1 Year $500.00 0.30% 0.30%
18-month* $500.00 0.35% 0.35%
2 Years $500.00 0.50% 0.50%
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 1.882% 1.90%
7 Year Bump $500.00 2.029% 2.05%

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.

Certificate of Deposit Special Rates


Certificate of Deposit Special Rates

Length Minimum to Open Interest Rate Annual Percentage Yield
10-month * $500.00 1.64% 1.65%
17-month** $500.00 1.882% 1.90%
22-month** $500.00 1.931% 1.95%
30-month*** $500.00 2.029% 2.05%

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.

 

Flex Certificate of Deposit Rates


Flex Certificate of Deposit Rates

Length Minimum to Open Interest Rate Annual Percentage Yield
14 Month $5,000.00 1.734% 1.75%
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.