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Dime Continues to Execute Growth Plan With Hire of Deposit-Focused Group
DCOMDime(DCOM) Newsfilter·2025-04-10 20:30

Core Points - Dime Community Bancshares, Inc. has hired a deposit-focused group to cover the Queens market, led by George Taitt and Amy Grandy, both previously from Signature Bank and Flagstar Bank [1][2] - The company aims to capitalize on market disruptions and execute its growth plan in a targeted manner, emphasizing teamwork and client experience [2] - Dime Community Bancshares, Inc. holds over 14billioninassetsandhasthehighestdepositmarketshareamongcommunitybanksinGreaterLongIsland[3]CompanyOverview−DimeCommunityBancshares,Inc.istheparentcompanyofDimeCommunityBank,aNewYorkState−charteredtrustcompany[3]−Thebankhasastrongtrackrecordofintegratingnewteamsandmaintainingarobustculturefocusedonteamworkandclientsatisfaction[2][3]−Theaggregatedepositmarketshareforcommunitybankswithlessthan14 billion in assets and has the highest 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 a strong track record of integrating new teams and maintaining a robust culture focused on teamwork and client satisfaction [2][3] - The aggregate deposit market share for community banks with less than 20 billion in assets in Kings, Queens, Nassau, and Suffolk counties is highlighted [4]