Tax-Exempt Bonds

Municipalities, taxing authorities, and qualifying non-profit organizations in Connecticut and Rhode Island have worked with Dime Bank to leverage the power of Tax-Exempt Financing to drive growth. Experience the simplicity and significant savings of a tailored, bank-held solution designed to help your organization prosper.

Special public financing options provide additional opportunities

Highly competitive interest rates
Available to qualifying municipalities, special taxing districts, schools, and nonprofit entities
Makes large-scale community projects more affordable
Transactional fees typically lower than traditional bond issuances

If your organization qualifies, you can secure long-term, low-interest-rate financing.

Tax-exempt bonds available through Dime Bank have helped numerous organizations in Connecticut and Rhode Island use affordable financing for major projects that benefit our community. These bonds are often structured with the help of specialized bond counsel and public finance experts. Our commercial lending team is here to guide you through each step of the process.

Regardless of your medical specialty in Connecticut and Rhode Island, Dime Bank can provide financing options that work for you.

Commercial Lenders

Brian McNamara
Senior VP, Chief Lending Officer
Chris Gauthier
FVP, Commercial Lending Manager
Celeste Brouillard
VP, Senior Commercial Loan Officer
John Estelle
VP, Senior Commercial Loan Officer
William Rosadini
VP, Senior Commercial Loan Officer
Gerald R. Tavernier, Jr.
VP, Senior Commercial Loan Officer
Cindy Palmer
Assistant VP, Commercial Loan Officer
Denise Ogden
Assistant VP, Commercial Loan Officer
Matthew Voelker
Assistant VP, Commercial Loan Officer

Frequently asked questions

Yes. As a community-focused mutual bank, we understand that non profits have unique financial needs compared to for-profit businesses.

A Dime Bank commercial line of credit is an ideal tool for: bridging gaps between grant disbursements or seasonal fundraising cycles, covering unplanned expenses without disrupting programs, or managing accounts receivable and ensuring consistent payroll.

We provide commercial term loans to help nonprofits invest in their long-term growth and stability. Common projects include: facility acquisitions, equipment purchases, build out of leased space, capital improvements or expansions to existing facilities.

Tip

Avoid borrowing more than you need. It can help keep costs manageable over time.

Wealth Management

Bring your finances into focus.

Balance today’s priorities with tomorrow’s goals through planning designed to support your full financial picture.

Non-deposit products: are not insured by the FDIC; are not deposits; and may lose value.