STOCK TITAN

Dime Hires Veteran Long Island Banker

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

Dime Community Bancshares, Inc. (NASDAQ: DCOM) has appointed industry veteran Kenneth Scheriff to its commercial lending group. Scheriff brings extensive experience from State Bank of Long Island and New York Community Bancorp. His decision to join Dime was influenced by the bank's single point of contact model and relationship-based approach, aligning with his values.

Positive
  • None.
Negative
  • None.

HAUPPAUGE, N.Y., May 08, 2024 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”) announced today that it has hired industry veteran Kenneth Scheriff. Mr. Scheriff will be part of Dime’s commercial lending group. He had a long and successful career at State Bank of Long Island and was most recently at New York Community Bancorp.

“I joined Dime as I was attracted to the single point of contact model and relationship-based mindset. Dime’s focused business model and commitment to the Greater Long Island marketplace aligns with my values and philosophy.” said Scheriff.

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 $13.5 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

Who has Dime Community Bancshares, Inc. hired?

Dime has hired industry veteran Kenneth Scheriff to its commercial lending group.

What are Kenneth Scheriff's previous experiences?

Kenneth Scheriff had a successful career at State Bank of Long Island and was most recently at New York Community Bancorp.

What influenced Kenneth Scheriff's decision to join Dime?

Scheriff was attracted to Dime's single point of contact model and relationship-based mindset, which align with his values and philosophy.

Dime Community Bancshares, Inc.

NASDAQ:DCOM

DCOM Rankings

DCOM Latest News

DCOM Stock Data

1.13B
39.15M
5.64%
78.38%
6.37%
Banks - Regional
National Commercial Banks
Link
United States of America
HAUPPAUGE