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Dime Enhances Middle Market Lending Presence on Long Island
DimeDime(US:DCOM) GlobeNewswire News Roomยท2024-09-19 20:30

Core Insights - Dime Community Bancshares, Inc. has appointed Jason ("Jay") Quinn as Senior Relationship Manager to enhance its middle market Commercial & Industrial (C&I) lending operations [1][2] - Quinn brings over 26 years of experience from Citibank, where he held the position of Senior Vice President, Relationship Manager [2] - Dime Community Bancshares, Inc. has over $13.6 billion in assets and holds the top deposit market share among community banks in Greater Long Island [3] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, a New York State-chartered trust company [3] - The bank has the number one deposit market share in Kings, Queens, Nassau, and Suffolk counties among community banks with less than $20 billion in assets [3] Strategic Focus - The company aims to grow its C&I business specifically in Long Island, leveraging Quinn's extensive background in relationship management [2]