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The minimum opening deposit for the CD account is $500 and the maximum deposit is $100,000. Funds deposited in the account must be “new money” and can not be transferred from an existing Dime Account. Dime Direct is part of Dime Savings Bank of Williamsburgh ( Brooklyn ) New York which was establish in 1864. The Prime Dime Checking Account can be opened with a minimum deposit of $1.00. There is a $15.00 monthly fee if your checking account balance falls below $5,000. To qualify for the CD rate you must also do the following transactions in the checking account. Have a monthly recurring direct deposit of a payroll check, pension check or government benefit or use the online bill payment service at least once per month. |
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