Dime Community Bancshares (NASDAQ:DCOM) is the bank holding company for Dime Community Bank, a New York‐based commercial bank that provides a broad range of lending and deposit services. Through its subsidiary, the company specializes in financing commercial real estate, including multifamily residential properties, senior living facilities, and industrial and mixed-use developments. In addition to real estate lending, Dime Community Bank offers one-to-four family residential mortgages, small business loans, and construction financing, together with traditional deposit products such as checking, savings, money market accounts and certificates of deposit.
Complementing its credit business, Dime Community Bancshares delivers a suite of cash management and treasury services designed to meet the needs of businesses, municipalities and nonprofit organizations. Digital banking capabilities include mobile and online platforms that enable secure account access, funds transfers, bill payment and remote deposit capture. The bank also provides customer support through a network of branch offices and dedicated relationship managers in the New York metropolitan area.
Founded in 1864 as the Dime Savings Bank of Williamsburgh, the organization has evolved over more than 150 years into a publicly traded bank holding company. In 2017, it adopted the name Dime Community Bank to reflect its expanded commercial banking focus, and in 2021 it completed a strategic merger with Bridge Bancorp, Inc., further broadening its geographic footprint and asset base. Headquartered on Long Island in Hauppauge, New York, the company maintains additional branch locations in Brooklyn, Manhattan and select suburban markets.
Governance is provided by an experienced board of directors and executive leadership team with deep expertise in commercial banking, real estate finance and community banking. Dime Community Bancshares continues to pursue targeted growth opportunities in its core markets, emphasizing prudent underwriting, personalized service and long-standing client relationships in the communities it serves.
