Core Insights - Dime Community Bancshares, Inc. has announced the establishment of a new Lender Finance vertical, appointing Jason Brenner and Zack Schwartz as Co-Heads to enhance its commercial lending business [1][3] Company Developments - Jason Brenner previously served as Managing Director and Head of Originations for Non-Real Estate Lender Finance at AXOS Bank, while Zack Schwartz was Director and Underwriting Team Lead at First Citizens Bank [2] - Both executives will be based in Manhattan and report to Shawn Gines, Executive Vice President of Corporate and Specialty Finance [2] Strategic Focus - The addition of Brenner and Schwartz is aimed at diversifying Dime's commercial lending offerings, with a specific focus on lender finance to support private equity and private credit clients [3] - Dime now has five distinct lending verticals: Healthcare, Lender Finance, Mid-Corporate, Fund Finance, and Not-For-Profit Lending, which are expected to contribute to future growth [3] Company Profile - Dime Community Bancshares, Inc. is the holding company for 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 [4]

Core Points - Dime Community Bancshares, Inc. has received necessary approvals to open a new branch in Lakewood, New Jersey [1][2] - The branch will be located at 500 Boulevard of the Americas, with construction expected to begin in the second half of 2025 and opening planned for early 2026 [2] - 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 [3]

Core Insights - Dime Community Bancshares, Inc. is focused on executing its growth plan and expanding its presence in the NYC metro area by hiring experienced professionals [1][2]. Group 1: Company Developments - Dime Community Bancshares has appointed Solomon Ponniah as Senior Vice President and Group Leader, who brings over 15 years of experience in Commercial Lending [1]. - Solomon Ponniah's previous role was Director of Business Banking at Popular Bank, indicating a strong background in the banking sector [1]. - The hiring aligns with Dime's goal of enhancing its commercial lending division and increasing its market presence in the NYC metro area [2]. Group 2: Company Profile - Dime Community Bancshares, Inc. is the parent company of Dime Community Bank, which has 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 [3].