{"id":81615,"date":"2024-06-20T22:15:06","date_gmt":"2024-06-20T22:15:06","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/dime-announces-expansion-in-manhattan-with-deposit-focused-group\/"},"modified":"2024-06-20T22:15:06","modified_gmt":"2024-06-20T22:15:06","slug":"dime-announces-expansion-in-manhattan-with-deposit-focused-group","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/dime-announces-expansion-in-manhattan-with-deposit-focused-group\/","title":{"rendered":"Dime Announces Expansion in Manhattan With Deposit-Focused Group"},"content":{"rendered":"
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HAUPPAUGE, N.Y., June 20, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the \u201cCompany\u201d or \u201cDime\u201d), the parent company of Dime Community Bank (the \u201cBank\u201d) announced that it has hired a deposit-focused Group that will cover the Manhattan market. The Group will be led by Avi Azuolay. The Group was previously employed with the former Signature Bank and its successor, Flagstar Bank.<\/p>\n

Stuart H. Lubow, President and Chief Executive Officer of Dime said, \u201cWe are excited to announce the addition of another talented deposit-focused Group. Avi and his team have had tremendous success in Manhattan over the past two decades. His team was instrumental in building out Hudson Valley Bank\u2019s Manhattan presence. Subsequent to Hudson Valley Bank\u2019s sale, he had a successful tenure at Signature Bank. Dime is committed to growing our Manhattan presence over time and we are extremely excited to have Avi on board.\u201d<\/p>\n

\u201cWe were attracted to Dime\u2019s single point of contact model, client centric approach, and best-in-class technology. Our team has a proven track record of growing deposits in Manhattan and we are excited to be part of Dime\u2019s growth plans,\u201d said Avi.<\/p>\n

ABOUT DIME COMMUNITY BANCSHARES, INC.<\/strong><\/p>\n

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.5 billion in assets and the number one deposit market share among community banks on Greater Long Island (1)<\/sup>.<\/p>\n

Dime Community Bancshares, Inc.<\/strong>
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President \u2013 Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email:\u00a0avinash.reddy@dime.com<\/a><\/p>\n

\u00b9 Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.<\/p>\n

\n <\/div>\n","protected":false},"excerpt":{"rendered":"

HAUPPAUGE, N.Y., June 20, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the \u201cCompany\u201d or \u201cDime\u201d), the parent company of Dime Community Bank (the \u201cBank\u201d) announced that it has hired a deposit-focused Group that will cover the Manhattan market. The Group will be led by Avi Azuolay. The Group was previously employed with […]<\/p>\n","protected":false},"author":2,"featured_media":81616,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/3cc991d2-e3ba-43c3-a8ba-75466b813ed8","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-81615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t