Dime Community Bancshares, the parent company of Dime Community Bank, hired six deposit-focused groups from the former Signature Bank and its successor, Flagstar Bank. Collectively, the groups managed $7 billion in deposits at predecessor institutions.
David DeVito joined Dime Community Bancshares, the parent company of Dime Community Bank, as senior vice president and group leader. Recently, DeVito was senior vice president and team leader at People’s United Bank.
Bridge Bancorp, the parent company of BNB Bank, and Dime Community Bancshares, the parent company of Dime Community Bank, received approval from the New York State Department of Financial Services to merge Dime Community Bank with and into BNB Bank.
The board of directors of Dime Community Bancshares, the parent company of Dime Community Bank, approved the promotion of chief banking officer Stuart H. Lubow to president of the company and the bank.
Dime Community Bank has hired Rosalind Sheron as senior vice president, municipal banking and Laurence Marchini as senior vice president, team leader (Manhattan).
Steve Miley, formerly a vice president from Tallwave, a business design and innovation company, will assume the newly created role of senior vice president and director of Strategic Marketing for Dime Community Bank.
Dime Community Bank hired Alan Green as senior vice president of business banking. Green will report to Conrad Gunther, EVP, business banking.
Dime Community Bank has been approved as a SBA lender and will offer loans under the SBA 7(a) program.
Robert “Rob” Dwyer has joined Dime Community Bank as senior vice president and head of SBA Lending.
Dime Community Bank added former Macquarie Capital senior vice president Avinash Reddy as a senior vice president of corporate development and treasurer.