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Dime Solutions

Stop chasing rates. Dime has the Solutions.

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The more you give, the more you get

Dime Solutions is a High Yield Savings Account earing the Fed Funds Rate.

Why Dime Solutions?

Stop Chasing Rates!

A High Yield Savings Account earning the Fed Funds Rate

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Get started with Dime Solutions

  • Dime Solutions is a self-adjusting high yield savings account tied to the Effective Federal Funds Rate (EFFR) available to personal depositors only. (1)
  • Open your account with the minimum opening amount of $25,000 of new money to Dime Bank.
  • Customer must have a Dime Prime Checking Account. (2)
  • Limited to one account per individual Tax Identification Number.
  • A monthly maintenance fee of $10.00 will be imposed every statement cycle if the daily balance on any day of the statement cycle falls below $10,000. (3)

Have the piece of mind of knowing you always have a competitive rate:

  • Interest rate is valid for the first $250,000 deposited into the account and is based on the EFFR Index published by the Federal Reserve Bank of New York on the last business day of each month. This rate is subject to change in to a variable rate at any time and is determined at the bank’s discretion. 

Dime Solutions (1)

Rates effective 8/01/2022 and subject to change:

Tier Daily Balance Range Interest Rate Depending on the balance in your account the annual percentage yield (APY) will:
1 Equal to or greater than $.01 but less than $ 250,000.01 2.294% Equal 2.32%
2 Equal to or greater than 250,00.01 .200% Range from 2.32% to 1.26%

Interest rate is valid for the first $250,000.00 deposited into the account and is based on the EFFR Index published by Federal Reserve Bank of New York on the last business day of each month. Annual Percentage Yield is based on a Deposit Balance of $500,000.00. A monthly maintenance fee of $10.00 will be imposed every statement cycle if the daily balance on any day of the statement cycle falls below $10,000.00. Available for consumers only. Fees may reduce earnings. Offer may expire at any time. One account per Tax ID number. Only available to new deposit customers with a new Dime Prime checking account. Must not have had any Dime Bank Deposit Accounts within the past 90 days. 

(1)    Variable Rate Account: This rate is subject to change into a variable rate at any time and is determined at the bank’s discretion
(2)    Dime Prime requires a $25.00 minimum deposit and has a $20.00 monthly maintenance fee unless customer has combined average monthly balance of $15,000.00 in consumer checking and savings accounts, or an outstanding consumer and/or residential loan balances of $150,000.00. Available to personal depositors only
(3)    To avoid a monthly maintenance fee of $10.00, you must maintain a daily balance of $10,000. Other fees may apply.