Company Overview of The Dime Savings Bank Of Williamsburgh
The Dime Svgs. Bank Of Williamsburgh provides business and personal banking services. Its products and services include checking accounts for individuals, families, businesses, students, and people; money market accounts and certificates of deposit; individual retirement, club and student savings, and savings accounts; and mortgages for buying homes. The company provides Internet and telephone banking, and Visa check card services. It also offers multifamily, mixed-use, and commercial real estate loans in New York and New Jersey. The Dime Svgs. Bank Of Williamsburgh was formerly known as The Dime Savings Bank Of Williamsburgh and changed its name to The Dime Svgs. Bank Of Williamsburgh in Ja...
209 Havemeyer Street
Brooklyn, NY 11211
Founded in 1864
Key Executives for The Dime Savings Bank Of Williamsburgh
Compensation as of Fiscal Year 2013.
The Dime Savings Bank Of Williamsburgh Key Developments
The Dime Savings Bank Of Williamsburgh Completes its Conversion to New York State Charter
Jul 2 12
The Dime Savings Bank Of Williamsburgh announced the completion of its conversion from a federally-chartered stock savings bank to a New York State-chartered stock savings bank. Effective as of the close of business on June 29, 2012, the New York State Department of Financial Services serves as the Bank's primary regulator, and the Federal Deposit Insurance Corporation serves as the Bank's primary federal regulator. The company continues to be regulated as a savings and loan holding company by the Federal Reserve Board, which regulates both bank holding companies and savings and loan holding companies.
The Dime Savings Bank Of Williamsburgh Files an Application with the New York State Department of Financial Services to Convert from Federally-Chartered Stock Savings Bank to New York State-Chartered Stock Savings Bank
Feb 27 12
The Dime Savings Bank Of Williamsburgh announced that it filed an application with the New York State Department of Financial Services to convert from a federally-chartered stock savings bank to a New York State-chartered stock savings bank, and also filed a notice of the charter conversion with its current primary federal regulator, the Office of the Comptroller of the Currency. Subject to receiving the necessary regulatory approvals, the charter conversion is expected to be completed in the second quarter of 2012. As a result of the charter conversion, the NYSDFS will be the Bank’s primary regulator and the Federal Deposit Insurance Corporation will be the Bank’s primary federal regulator. It is not expected that the charter conversion will have a significant impact on the Bank’s current activities or investments, although the Bank expects some annual cost savings as a result of the conversion. The charter conversion also should not adversely affect customers and will not affect the terms and conditions of customers’ loans and deposit accounts.
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