Dime Expands Lending Presence on Long Island
Dime Community Bancshares (NASDAQ: DCOM) has strengthened its lending operations by appointing Antonia (Toni) Badolato as Senior Vice President and Group Leader. Badolato joins from M&T Bank, where she served as Senior Vice President, Group Manager.
The strategic hire aligns with Dime's commitment to expanding its business lending presence. Badolato cited Dime's quick customer response capabilities and flat organizational structure as key factors in her decision to join, viewing these as important differentiators for business growth.
According to President and CEO Stuart H. Lubow, this appointment supports Dime's strategic objectives of diversifying its balance sheet and increasing market share in the business lending sector.
Dime Community Bancshares (NASDAQ: DCOM) ha rafforzato le sue operazioni di prestito nominando Antonia (Toni) Badolato come Vicepresidente Senior e Leader di Gruppo. Badolato proviene da M&T Bank, dove ha ricoperto il ruolo di Vicepresidente Senior e Manager di Gruppo.
Questa assunzione strategica è in linea con l'impegno di Dime di espandere la sua presenza nel settore dei prestiti commerciali. Badolato ha citato la rapida capacità di risposta ai clienti di Dime e la sua struttura organizzativa piatta come fattori chiave nella sua decisione di unirsi, considerandoli differenziali importanti per la crescita aziendale.
Secondo il Presidente e CEO Stuart H. Lubow, questa nomina supporta gli obiettivi strategici di Dime di diversificare il proprio bilancio e aumentare la quota di mercato nel settore dei prestiti commerciali.
Dime Community Bancshares (NASDAQ: DCOM) ha fortalecido sus operaciones de préstamos al nombrar a Antonia (Toni) Badolato como Vicepresidenta Senior y Líder de Grupo. Badolato se une desde M&T Bank, donde se desempeñó como Vicepresidenta Senior y Gerente de Grupo.
Esta contratación estratégica está alineada con el compromiso de Dime de expandir su presencia en préstamos comerciales. Badolato citó la rápida capacidad de respuesta al cliente de Dime y su estructura organizativa plana como factores clave en su decisión de unirse, viéndolos como diferenciadores importantes para el crecimiento empresarial.
Según el Presidente y CEO Stuart H. Lubow, este nombramiento apoya los objetivos estratégicos de Dime de diversificar su balance y aumentar su participación en el mercado en el sector de préstamos comerciales.
Dime Community Bancshares (NASDAQ: DCOM)는 Antonia (Toni) Badolato를 수석 부사장 및 그룹 리더로 임명하여 대출 운영을 강화했습니다. Badolato는 M&T Bank에서 수석 부사장 및 그룹 매니저로 근무했습니다.
이 전략적 채용은 Dime의 상업 대출 분야 확장에 대한 의지와 일치합니다. Badolato는 Dime의 신속한 고객 응답 능력과 평면 조직 구조를 합류 결정을 내리는 데 있어 중요한 차별점으로 언급했습니다.
대통령이자 CEO인 Stuart H. Lubow에 따르면, 이번 임명은 Dime의 재무 구조 다각화 및 상업 대출 분야에서의 시장 점유율 증가라는 전략적 목표를 지원합니다.
Dime Community Bancshares (NASDAQ: DCOM) a renforcé ses opérations de prêt en nommant Antonia (Toni) Badolato au poste de Vice-présidente senior et leader de groupe. Badolato rejoint M&T Bank, où elle était Vice-présidente senior et responsable de groupe.
Cette embauche stratégique s'inscrit dans l'engagement de Dime à étendre sa présence dans le prêt commercial. Badolato a cité la capacité de réponse rapide aux clients de Dime et sa structure organisationnelle plate comme des facteurs clés dans sa décision de rejoindre, les considérant comme des éléments de différenciation importants pour la croissance des affaires.
Selon le président et CEO Stuart H. Lubow, cette nomination soutient les objectifs stratégiques de Dime de diversifier son bilan et d'augmenter sa part de marché dans le secteur des prêts commerciaux.
Dime Community Bancshares (NASDAQ: DCOM) hat ihre Kreditgeschäft durch die Ernennung von Antonia (Toni) Badolato zur Senior Vice President und Gruppenleiterin gestärkt. Badolato kommt von der M&T Bank, wo sie als Senior Vice President und Gruppenmanagerin tätig war.
Diese strategische Einstellung steht im Einklang mit Dimes Engagement, ihre Präsenz im Geschäftskreditbereich auszubauen. Badolato nannte Dimes schnelle Kundenreaktionsfähigkeit und die flache Organisationsstruktur als entscheidende Faktoren für ihre Entscheidung, sich anzuschließen, da sie diese als wichtige Differenzierungsmerkmale für das Unternehmenswachstum betrachtet.
Laut Präsident und CEO Stuart H. Lubow unterstützt diese Ernennung Dimes strategische Ziele, die Bilanz zu diversifizieren und den Marktanteil im Geschäftskreditsektor zu erhöhen.
- Strategic hire of experienced senior executive from competitor M&T Bank
- Expansion of business lending operations
- Implementation of organizational efficiency through flat structure
- None.
HAUPPAUGE, N.Y., March 21, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced that it has hired Antonia (Toni) Badolato as Senior Vice President and Group Leader. Toni comes to Dime from M&T Bank where she held the position of Senior Vice President, Group Manager.
“I joined Dime given the organization’s commitment to growing their business lending presence. Dime’s ability to respond to customers quickly, combined with a flat organizational structure is a proven strategy for success. These qualities are key differentiators to win business and grow,” said Toni.
Stuart H. Lubow, President and Chief Executive Officer of Dime said “Hiring Toni to help drive our growth in business lending is a win for Dime. Toni’s addition is another example of our commitment to our stated goal of diversifying our balance sheet and growing our market share.”
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
¹ Aggregate deposit market share for Kings, Queens, Nassau & Suffolk counties for community banks with less than
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