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The Dime Community Bank, originally known as the Dime Savings Bank of Williamsburgh, is a local, FDIC-insured bank headquartered in Hauppauge, New York.Founded in 1864, the bank was originally based in the Williamsburg neighborhood of Brooklyn, New York, and continues to operate with a strong market presence in this area.
Williamsburg had two major community banks: the Williamsburgh Savings Bank at 175 Broadway (chartered 1851, since absorbed by HSBC); and its rival, the Dime Savings Bank of Williamsburgh one block west (chartered 1864, now known as the DIME, has remained independent).
The Williamsburgh Savings Bank was a financial institution in Brooklyn, New York, from 1851 to 1986. The bank was incorporated in 1851 under legislation passed by the New York State Assembly . [ 1 ] The bank continued to operate until a series of mergers brought the bank into the HSBC group late in the 20th century.
Szyperski is also an advocate for community banks nationally. [17] In the 1960s, Chesapeake Bank was known for their Boat 'n Bank, [18] which was a mobile branch which had its home port at Carter's Creek Marina in Irvington. Staff from Chesapeake Bank are encouraged to volunteer in their home region, and do so throughout the year [19] [20]
Village banking is a microcredit and saving methodology whereby financial services are administered locally in a community bank rather than in a centralized commercial bank. Village banking has its roots in ancient cultures and was most recently adopted for use by micro-finance institutions (MFIs) as a way to control costs.
The Williamsburgh Savings Bank Tower, also known as One Hanson Place, is a skyscraper in the Fort Greene neighborhood of Brooklyn in New York City, New York.Located at the northeast corner of Ashland Place and Hanson Place near Downtown Brooklyn, the tower was designed by Halsey, McCormack & Helmer and constructed from 1927 to 1929 as the new headquarters for the Williamsburgh Savings Bank.
The Williamsburgh Savings Bank Building is at 175 Broadway, at the northwestern corner with Driggs Avenue, in the Williamsburg neighborhood of Brooklyn in New York City. [2] [3] It occupies a rectangular land lot covering 13,100 sq ft (1,220 m 2), with a frontage of 100 ft (30 m) on Driggs Avenue and 130 ft (40 m) on Broadway.
The latter came to dominate their business under Joel and Josiah, who established a business that survived until 1950. The Hayden family's influence in the village is visible in the 1852 Haydenville Congregational Church, and the 1900 library, both built with family funds, and in the row of high-quality worker housing lining High Street.