Dime Welcomes Jim Cloudman as First Vice President, Relationship Manager

Rhea-AI Summary

Dime Community Bancshares, Inc. (NASDAQ: DCOM) has appointed Jim Cloudman as First Vice President, Relationship Manager, responsible for business development in Nassau and Suffolk counties. Previously, Cloudman served as a Senior Portfolio Manager at People's United Bank and held various roles at State Bank of Long Island, Astoria Federal Savings, and JP Morgan Chase. Dime Community Bancshares oversees over $12.0 billion in assets and leads community banks in deposit market share on Greater Long Island.

Positive

• New hire of Jim Cloudman as First Vice President, Relationship Manager enhances business development capabilities.
• Dime Community Bancshares holds over $12.0 billion in assets, indicating strong financial health.

Negative

• None.

HAUPPAUGE, N.Y., April 08, 2022 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced today that Jim Cloudman has joined as First Vice President, Relationship Manager. In his role Jim will be responsible for business development throughout Nassau and Suffolk counties.

Most recently, Cloudman was a Senior Portfolio Manager at People’s United Bank and has held various lending positions throughout his career at State Bank of Long Island, Astoria Federal Savings and JP Morgan Chase. He holds a bachelor’s degree in Accounting from New York Institute of Technology and an MBA in Finance from C.W. Post-Long Island University.

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 $12.0 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 recent appointment has Dime Community Bancshares made?

Dime Community Bancshares appointed Jim Cloudman as First Vice President, Relationship Manager.

Where will Jim Cloudman focus his business development efforts?

Jim Cloudman will focus on business development throughout Nassau and Suffolk counties.

What are the assets managed by Dime Community Bancshares?

Dime Community Bancshares manages over $12.0 billion in assets.

What is the stock symbol for Dime Community Bancshares?

The stock symbol for Dime Community Bancshares is DCOM.