Dime Community Bancshares operates as the parent business of The Dime Savings Bank. The company is registered as a unitary savings and loan holding company. The operations of the business are carried out by the bank.
It is in Brooklyn, New York that the company holds its corporate office. It was incorporated in June 1998 and primarily engages in gathering retail deposits to fuel their lending activities. The company offers a wide range of financial services that are uniquely tailored to their clients’ needs. Just like any community bank, they put strong emphasis on the solutions they offer to small and medium-sized ventures, that remain as the backbone of the communities they thrive in.
The Dime Savings Bank is insured by the Federal Deposit Insurance Corporation. As of December 2014, the company has reported their deposits to be around $2.66 billion. Dime Community Bancshares continues to publicly trade on the NASDAQ (DCOM).