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Hanover Bancorp, Inc. Announces the Addition of a New Chief Commercial Real Estate Lending Officer
Globenewswire· 2026-01-29 21:30
Core Viewpoint - Hanover Bancorp, Inc. has appointed Mr. William J. Newham, III as Executive Vice President and Chief Commercial Real Estate Lending Officer, aiming to enhance its commercial real estate lending capabilities in response to industry consolidation [1][2]. Company Overview - Hanover Bancorp, Inc. is the bank holding company for Hanover Community Bank, focusing on personalized banking services and products tailored to client needs [5]. - The bank operates in the metro-New York area, with a commitment to understanding local financial needs and opportunities [5]. Appointment of Mr. Newham - Mr. Newham brings over 20 years of commercial real estate banking experience, particularly in the Long Island and New York metro area, which positions Hanover Bank to better address the CRE lending gap [2][4]. - His relationship-focused approach is seen as a key differentiator in a consolidating banking industry, enhancing Hanover's client-focused banking model [2][3]. Strategic Goals - The appointment reflects Hanover's commitment to disciplined growth and relationship-based banking, aiming to strengthen its commercial real estate lending platform [3]. - The bank's strategy includes managing concentration levels while pursuing attractive opportunities in Suffolk County and Long Island [3]. Mr. Newham's Background - Prior to joining Hanover Bank, Mr. Newham held senior leadership roles at Dime Community Bank and other Long Island financial institutions, where he expanded CRE platforms and gained insights into the Suffolk County market [4]. - His experience is expected to support Hanover's strategy of growing CRE loans and core deposits [3][4]. Client Commitment - Mr. Newham expressed enthusiasm for joining Hanover Bank, emphasizing the organization's values of relationships, local expertise, and thoughtful growth [5]. - The bank aims to provide consistent access to commercial lending and relationship-focused banking solutions for clients in Suffolk County and across Long Island [5].
Dime Awards Grant to Junior Achievement
Globenewswire· 2025-12-23 15:12
Core Viewpoint - Dime Community Bancshares, Inc. has awarded a grant to Junior Achievement of Long Island to support financial literacy, career readiness, and entrepreneurship education for low-to-moderate income communities [1] Company Overview - Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, which is a New York State-chartered trust company with over $14 billion in assets [2] - Dime Community Bank holds the number one deposit market share among community banks on Greater Long Island [2][3]
Dime Awards Grant to Transitional Services for Long Island for Housing Services
Globenewswire· 2025-12-02 16:04
Core Viewpoint - Dime Community Bancshares, Inc. has awarded a grant to Transitional Services for Long Island to support housing and services for vulnerable populations in Suffolk County [1] Group 1: 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 [2] - Dime Community Bank holds the number one deposit market share among community banks in Greater Long Island [2][3] Group 2: Community Engagement - The grant awarded to Transitional Services for Long Island reflects the company's commitment to supporting local communities by providing essential services to adults, families, and homeless individuals [1]
Dime Continues to Execute on Growth Plan with the Hire of Shawn Gines
Globenewswire· 2025-06-16 20:30
Core Insights - Dime Community Bancshares, Inc. has announced the hiring of Shawn Gines as Executive Vice President, Corporate and Specialty Finance, as part of its growth strategy [1][2] - Gines will focus on expanding Dime's commercial lending business, particularly with corporate clients and private equity firms, and will oversee the newly launched Fund Finance vertical [2][3] - The company aims to diversify its balance sheet through the development of various specialty verticals [2] Company Overview - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has over $14 billion in assets and holds the number one deposit market share among community banks in Greater Long Island [5][6] - The bank is recognized for its strong market presence and is considered a preferred employer for talented bankers [3][4] Leadership and Experience - Shawn Gines brings extensive experience to Dime, having previously served as Regional President for the NYC and New Jersey Metro Markets at Webster Bank and as Senior Managing Director at Sterling National Bank [4] - His background includes roles at GE Capital and Bank of America, contributing to his strong track record in the banking industry [4] Strategic Goals - The hiring of Gines is seen as a cornerstone for Dime's growth plans, with expectations that his diverse experience will accelerate the bank's execution of its strategic initiatives [3] - The focus on corporate clients and private equity firms indicates a strategic shift towards enhancing Dime's commercial lending capabilities [2][3]