Dime Community announces expansion into Manhattan with new branch

Dime Community (DCOM) Bancshares announced that it has received all necessary regulatory approvals and has opened a full-service branch location at 232 Madison Avenue in Manhattan. Stuart Lubow, President and Chief Executive Officer of Dime, commented: “We are excited to open a new full-service banking location in Manhattan. Our new location, on the corner of Madison Avenue and 37th Street, aligns with our focus of selectively expanding our physical presence in a strategically important market. As we execute on our growth plan, we continue to capitalize on the disruption across our marketplace.”