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.
Robert Maichin joined Dime Community Bancshares, the parent company of Dime Community Bank, as head of middle-market lending. In this role, Maichin will lead Dime’s middle-market commercial lending operations and also build out specialized lending niches.
Bridge Bancorp and Dime Community Bancshares entered into a definitive merger agreement pursuant to which the companies will combine in an all-stock merger of equals transaction, valued at approximately $489 million.
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.