Dime Announces Expansion in Manhattan With Hire of Jim LoGatto
Dime Community Bancshares (NASDAQ: DCOM) announced the appointment of Jim LoGatto as Executive Vice President, tasked with expanding the company's commercial banking operations in Manhattan. LoGatto brings extensive banking experience, having previously served as Executive Vice President and Director of US Private Banking at Israel Discount Bank of New York.
His career includes executive positions at Wells Fargo Bank and Independence Community Bank, with earlier roles at Irving Trust Company and Republic National Bank, where he reached the position of Managing Director. The strategic hire aligns with Dime's objective to strengthen its deposit and lending presence in the Manhattan market.
Dime Community Bancshares (NASDAQ: DCOM) ha annunciato la nomina di Jim LoGatto a Vice Presidente Esecutivo, incaricato di espandere le operazioni bancarie commerciali dell'azienda a Manhattan. LoGatto porta con sé una vasta esperienza bancaria, avendo precedentemente ricoperto il ruolo di Vice Presidente Esecutivo e Direttore del Private Banking negli Stati Uniti presso l'Israel Discount Bank di New York.
La sua carriera include posizioni dirigenziali presso Wells Fargo Bank e Independence Community Bank, con ruoli precedenti presso Irving Trust Company e Republic National Bank, dove ha raggiunto la posizione di Direttore Generale. Questa assunzione strategica si allinea con l'obiettivo di Dime di rafforzare la propria presenza in termini di depositi e prestiti nel mercato di Manhattan.
Dime Community Bancshares (NASDAQ: DCOM) anunció el nombramiento de Jim LoGatto como Vicepresidente Ejecutivo, encargado de expandir las operaciones de banca comercial de la empresa en Manhattan. LoGatto aporta una amplia experiencia bancaria, habiendo ocupado anteriormente el cargo de Vicepresidente Ejecutivo y Director de Banca Privada en EE. UU. en el Israel Discount Bank de Nueva York.
Su carrera incluye puestos ejecutivos en Wells Fargo Bank e Independence Community Bank, con roles anteriores en Irving Trust Company y Republic National Bank, donde alcanzó la posición de Director General. Esta contratación estratégica se alinea con el objetivo de Dime de fortalecer su presencia en depósitos y préstamos en el mercado de Manhattan.
Dime Community Bancshares (NASDAQ: DCOM)는 Jim LoGatto를 부사장으로 임명했다고 발표했습니다. 그는 맨해튼에서 회사의 상업 은행 운영을 확장하는 임무를 맡고 있습니다. LoGatto는 뉴욕의 이스라엘 할인은행에서 미국 프라이빗 뱅킹의 부사장 및 이사로 재직하며 폭넓은 은행 경험을 쌓았습니다.
그의 경력에는 웰스파고 은행과 인디펜던스 커뮤니티 은행에서의 임원직이 포함되며, 어빙 트러스트 컴퍼니와 리퍼블릭 내셔널 은행에서의 초기 역할도 있습니다. 그는 그곳에서 상무 이사로 승진했습니다. 이 전략적 채용은 Dime의 맨해튼 시장에서의 예금 및 대출 존재를 강화하려는 목표와 일치합니다.
Dime Community Bancshares (NASDAQ: DCOM) a annoncé la nomination de Jim LoGatto au poste de Vice-président exécutif, chargé d'élargir les opérations bancaires commerciales de l'entreprise à Manhattan. LoGatto apporte une vaste expérience bancaire, ayant précédemment occupé le poste de Vice-président exécutif et Directeur de la banque privée aux États-Unis à l'Israel Discount Bank de New York.
Sa carrière comprend des postes de direction chez Wells Fargo Bank et Independence Community Bank, avec des rôles antérieurs chez Irving Trust Company et Republic National Bank, où il a atteint le poste de Directeur général. Cette embauche stratégique s'aligne avec l'objectif de Dime de renforcer sa présence en matière de dépôts et de prêts sur le marché de Manhattan.
Dime Community Bancshares (NASDAQ: DCOM) gab die Ernennung von Jim LoGatto zum Executive Vice President bekannt, der mit der Erweiterung der kommerziellen Bankgeschäfte des Unternehmens in Manhattan beauftragt ist. LoGatto bringt umfangreiche Bankerfahrung mit, da er zuvor als Executive Vice President und Direktor für Private Banking in den USA bei der Israel Discount Bank in New York tätig war.
Seine Karriere umfasst Führungspositionen bei Wells Fargo Bank und Independence Community Bank, sowie frühere Rollen bei der Irving Trust Company und der Republic National Bank, wo er die Position des Managing Director erreichte. Diese strategische Einstellung steht im Einklang mit Dimes Ziel, seine Präsenz im Bereich Einlagen und Kredite auf dem Manhattan-Markt zu stärken.
- Strategic expansion into Manhattan market through key executive hire
- Recruitment of seasoned banking executive with established Manhattan market presence
- None.
Dime Continues to be the Bank-of-Choice for Talented Bankers
HAUPPAUGE, N.Y., March 18, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced today that Jim LoGatto has joined the Company as an Executive Vice President. LoGatto will be responsible for growing Dime’s commercial banking business in Manhattan.
Most recently, LoGatto served as Executive Vice President and Director of US Private Banking at Israel Discount Bank of New York. He also held various executive level positions at Wells Fargo Bank and Independence Community Bank. LoGatto began his career at Irving Trust Company and subsequently joined Republic National Bank where he rose to the position of Managing Director.
Stuart H. Lubow, President and Chief Executive Officer of Dime, said, “We are excited to attract a banker of Jim’s caliber to our organization. Jim is an extremely seasoned banker with a very strong reputation in the Manhattan marketplace. Hiring Jim is consistent with our stated goal of expanding our deposit and lending presence in Manhattan.”
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
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
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¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than
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