Dime Community Bancshares Adds Senior Banking Executive to Management Team
December 10 2010 - 2:00PM
Marketwired
Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the "Company"), the
parent company of The Dime Savings Bank of Williamsburgh (the
"Bank" or "Dime"), today announced that Terence J. Mitchell has
joined the Company and Dime as Executive Vice President and Chief
Retail Officer.
Mr. Mitchell will assume responsibility for all aspects of
Dime's deposit strategy. Additionally, he will oversee all retail
banking operations, including Dime Direct, the Bank's call center,
the ongoing evaluation of marketing strategies and will serve as a
member of executive management.
Michael P. Devine, President and Chief Operating Officer,
stated, "We are thrilled to welcome Mr. Mitchell into the Dime's
officer ranks. Terry brings with him many years of broad business
experience in banking as well as knowledge of our markets. His
track record of profitably growing deposit franchises during his
career in banking is the perfect complement to Dime's current
market position."
Mr. Mitchell, age 58, was most recently Executive Vice President
and Senior Market Leader for Sovereign Bank's New York and New
Jersey metropolitan division. Prior to that, he served at
Independence Community bank for 32 years, rising to the position of
Executive Vice President and President of Consumer Banking. Mr.
Mitchell has served on the Boards of numerous not-for-profit
organizations in the Brooklyn community.
ABOUT DIME COMMUNITY BANCSHARES The Company (NASDAQ: DCOM) had
$4.00 billion in consolidated assets as of September 30, 2010, and
is the parent company of Dime. Dime was founded in 1864, is
headquartered in Brooklyn, New York, and currently has twenty-five
branches located throughout Brooklyn, Queens, the Bronx and Nassau
County, New York. More information on the Company and Dime can be
found on the Dime's Internet website at www.dime.com.
Contact: Kenneth Ceonzo Director of Investor Relations
718-782-6200 extension 8279
Dime Community Bancshares (NASDAQ:DCOM)
Historical Stock Chart
From Jun 2024 to Jul 2024
Dime Community Bancshares (NASDAQ:DCOM)
Historical Stock Chart
From Jul 2023 to Jul 2024