Dime Announces Continued Partnership for the Dime McCarren 5K in 2025

Rhea-AI Summary

Dime Community Bancshares (Nasdaq: DCOM) announced it will continue as the lead sponsor of the Dime McCarren 5K for the 6th consecutive year in 2025. The event supports St Nick's Alliance, an organization focused on affordable housing and educational programs for underprivileged youth in Brooklyn.

HAUPPAUGE, N.Y., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) today announced that it will return as the lead sponsor for the 6^th consecutive year. The Dime McCarren 5K supports St Nick’s Alliance, which supports and manages affordable housing and educational programs for under privileged youth in Brooklyn.

ABOUT DIME COMMUNITY BANCSHARES, INC.

Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $13.7 billion in assets and the number one deposit market share among community banks on Greater Long Island ⁽¹⁾.

Dime Community Bancshares, Inc.
Investor Relations Contact:
Avinash Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: avinash.reddy@dime.com

¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than $20 billion in assets.

FAQ

What is the Dime McCarren 5K and how long has DCOM been sponsoring it?

The Dime McCarren 5K is a running event sponsored by Dime Community Bancshares (DCOM) that supports St Nick's Alliance's initiatives for affordable housing and education in Brooklyn. DCOM has been the lead sponsor for 6 consecutive years, continuing through 2025.

What charitable cause does the DCOM-sponsored McCarren 5K support?

The Dime McCarren 5K supports St Nick's Alliance, which manages affordable housing and educational programs for underprivileged youth in Brooklyn.

When will the next DCOM-sponsored McCarren 5K take place?

The next Dime McCarren 5K, sponsored by Dime Community Bancshares (DCOM), will take place in 2025, marking the bank's 6th consecutive year as lead sponsor.