Dime Community Bank has hired Rosalind Sheron as senior vice president, municipal banking and Laurence Marchini as senior vice president, team leader (Manhattan).

“Our growing relationship-based Business Banking division continues to attract seasoned executives. Dime’s recent conversion to a commercial bank charter has provided the Bank with the additional business opportunity of accepting municipal deposits,” said Kenneth J. Mahon, president and chief executive officer. “Rosalind has significant experience in the municipal banking arena and is intimately familiar with our geographic footprint. She will be responsible for building out our municipal banking business. The ability to gather municipal deposits provides us another important avenue to lower our loan-to-deposit ratio over the medium-to-long-term.”

He added. “Manhattan is a very important market for our Business Banking division, and I am excited that Larry will be joining as a team leader. We remain focused on hiring high quality teams and transforming our business model into the preeminent Metro New York community commercial bank.”

Sheron previously served as vice president and market Manager for HSBC Bank USA, in Melville, NY. She has a proven record of more than 40 years of banking experience with Bank of America, Fleet Bank and National Westminister Bank USA.

Marchini previously served as senior vice president and team leader for ConnectOne Bank. Prior to ConnectOne Bank, he was a vice president of BankUnited, the chief lending officer at Greater Hudson Bank, and president and director of Gotham Bank of New York.