Responding to a desperate need in the neighborhood, Dime Savings Bank will be opening a branch at 188 Montague Street by the end of the year. The new branch was mentioned in the bank’s financial second quarter report:
In April 2008, Dime opened its 22nd branch in the Borough Park community of Brooklyn, New York, and anticipates opening its 23rd branch by the end of 2008, located on Montague Street in Brooklyn Heights. At June 30, 2008, the Borough Park branch had $56.6 million of deposits at an average cost of 3.85%.
And according to the Dime Savings Bank website, the new branch will be located at 188 Montague Street.