- CEO
- Peter Bochnovich
- Full Time Employees
- 131
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 820 Church Street Honesdale PA United States of America 18431
- IPO Date
- Jan 6, 1999
- Business
- Dimeco, Inc. (OTCQX: DIMC) operates as the bank holding company for The Dime Bank, a Pennsylvania state-chartered community bank that provides commercial and retail banking products and services to individuals, businesses, and municipalities primarily in Northeast Pennsylvania, including Wayne, Pike, and Lackawanna counties. The Dime Bank offers deposit products such as checking accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit; consumer and mortgage loans including home equity, residential real estate, construction, and student loans; commercial banking solutions encompassing business term loans, business vehicle and equipment loans, capital improvement loans, commercial real estate loans, business lines of credit, and acquisition financing; and additional services including wealth management through Dime Wealth Management, trust and estate planning, investment services, online and mobile banking, and mortgage lending. Founded in 1905 and headquartered in Honesdale, Pennsylvania, the bank maintains nine full-service branches, an Entrepreneurial Center, and a Support Center, operating from facilities including its corporate headquarters at the corner of Church and Ninth Streets. In recent developments, Dimeco reports robust growth with total assets reaching $1.136 billion, loans at $819.3 million, and deposits at $935.8 million as of September 30, 2025, alongside net income of $12.7 million for the first nine months of 2025, up 36.4% year-over-year; the company increased quarterly dividends to $0.42 per share in 2025, yielding approximately 4.36%, declared board transitions including Henry Skier to Director Emeritus after 42 years and the addition of Mike Peifer, and received the Savings Excellence Award in 2024 while sustaining asset expansion of over 9% in 2024.