Dime Bank Officially Opens Its 13th Connecticut Branch — In Vernon

VERNON, CT — A shiny new Dime has emerged on Route 83 in Vernon and it has broadened the banking landscape in town.

Dime Bank officially opened at 135 Talcottville Road Monday. OK, it began servicing customers on Nov. 29 after a soft opening, but it was officially welcomed to the community by town officials Monday.

The Dime Bank branch is occupying the site of the former Farmington Bank branch. It commemorated the occasion by presenting two checks for community donations, including to fund fuel assistance and the Hockanum Valley Community Council.

On Aug. 15, Norwich-based Dime announced that it has filed an application with the Connecticut Department of Banking and the Federal Deposit Insurance Corporation to open a new branch at the location. When open, it will mark Dime's 13th in Connecticut. In addition to Vernon, Dime Bank branch locations include Colchester, East Lyme, Glastonbury, Ledyard, Manchester, Montville, New London, Norwich (three), Stonington, Taftville.

Dime also has a bank branch in Westerly, RI.

Dime bank officials hailed the opening as a "return to community banking," a reference to the old Rockville Bank, which, through a series of mergers, is now M&T Bank, which has a branch across Talcottville Road.

Dime Bank was established in 1869 and is a mutual bank with more than $1 billion in assets. Considered a full-service financial institution, Dime offers consumer and commercial banking, home mortgages and trust services.

The 135 Talcottville Road building needed a few interior alterations, but the exterior and drive-up areas are similar to what they were.