In 1869, in a time when banking services were a privilege available to relatively few, Dime Savings Bank of Norwich was founded. The mutual savings bank was established to provide banking opportunities to all the people of its community. In the intervening years, Dime Savings Bank of Norwich has become Dime Bank. It has grown from one branch serving one community to eleven branches serving communities throughout southeastern Connecticut and the Westerly/Pawcatuck area. Still, we remain a mutual bank, committed to helping our communities.

In 1998, Dime Bank established The Dime Foundation, enabling the bank to support and give back to the communities it serves, providing funding for charitable, cultural, literary, scientific and educational non-profit organizations. In its first year, more than $50 thousand was distributed.

The foundation accepts applications on a year-round basis. The board reviews requests three times per year. The grant application can be downloaded here, or obtained directly through Dime Bank. The next round of grant applications are due by Monday, March 31, 2014.

Click Here for the fact sheet

Click Here to view our Foundation brochure

The Foundation's Board Members include:


  • Nicholas Caplanson, President
  • David Stanland, Vice President & Treasurer
  • Cheryl Calderado, Vice President
  • Deirdre Sullivan, Secretary

  • Steven L. Bokoff
  • Lee-Ann Gomes
  • Roland J. Harris
  • James M. Kirker, Esq.
  • Linda L. Mariani, Esq.
  • Robert A. Staley
  • Mark E. Tramontozzi, M.D.