Dime Expands Lending Presence on Long Island

Core Insights - Dime Community Bancshares, Inc. has appointed Antonia (Toni) Badolato as Senior Vice President and Group Leader, who previously held a similar position at M&T Bank [1][2] - Toni Badolato emphasized Dime's commitment to expanding its business lending presence and highlighted the company's quick response to customer needs and flat organizational structure as key differentiators for success [2] - Stuart H. Lubow, President and CEO of Dime, stated that hiring Toni is a strategic move to enhance growth in business lending and reflects the company's goal of diversifying its balance sheet and increasing market share [3] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which is a New York State-chartered trust company with over $14 billion in assets [3] - The bank holds the number one deposit market share among community banks in Greater Long Island, specifically in Kings, Queens, Nassau, and Suffolk counties for community banks with less than$20 billion in assets [3][4]