Work Here?
Overview
A community bank that provides personal and business banking services, including checking and savings accounts, and certificates of deposit (CDs). It uses a mix of in-person customer service and digital options like online and mobile banking to serve local individuals and businesses. Revenue comes from interest rate spreads on loans and deposits plus service fees. The bank emphasizes local economic growth and security, highlighted by adopting a .bank domain to enhance digital banking safety. Compared with larger banks, it differentiates itself through a strong local focus, personalized service, and a combination of traditional and digital banking experiences. The goal is to support community growth by offering dependable financial services to residents and local businesses while maintaining secure digital banking choices.
About The Dime Bank
Industries
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Honesdale, Pennsylvania
Founded
N/A
Simplify's Take
What believers are saying
- Dimeco's first-half 2026 net income rose 27.4% to $10 million.
- June 30, 2026 assets hit $1.2 billion, with loans up 11.4%.
- June 2026 dividends rose 7.1%, signaling capital strength and board confidence.
What critics are saying
- Allowance for credit losses hit $13.7 million because one large loan needs monitoring.
- First-quarter 2026 provision for credit losses reached $12.3 million, pressuring earnings.
- A single commercial borrower deterioration could erase capital and force a 2027 merger sale.
What makes The Dime Bank unique
- June 2026 .bank migration strengthened phishing resistance and customer trust.
- Nine branches across Lackawanna, Pike, and Wayne counties anchor hyperlocal service.
- Mobile Dime and online banking preserve relationship banking beyond teller hours.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Professional Development Budget
Company News
Dimeco Inc., the holding company for The Dime Bank, reported net income of $4.8 million for the first quarter of 2026, up $1.6 million from the same period last year. Total assets reached $1.1 billion as of 31st March, an increase of $40.2 million year-on-year. Total loans grew by $61.6 million to $845.6 million, whilst deposits increased by $47.3 million to $981.3 million. The company also announced dividends of 45 cents per share for the first quarter, representing a 7.1% increase. The Dime Bank operates nine branches across Lackawanna, Pike and Wayne counties.
DINGMANS FERRY, PA - The Dime Bank announced a $9,000 donation to the Pocono Environmental Education Center (PEEC) through the PA Department of Community and Economic Development's Educational Improvement Tax Credit.
The Dime Bank is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today
About The Dime Bank
Industries
Financial Services
Company Size
N/A
Company Stage
N/A
Total Funding
N/A
Headquarters
Honesdale, Pennsylvania
Founded
N/A
The Dime Bank is Hiring for 3 Jobs on Simplify!
Find jobs on Simplify and start your career today