Dime Community Bank announced today that it has reached an
agreement to become the official retail and commercial bank of the
New York Islanders and the new UBS Arena at Belmont Park, the New
York metropolitan area’s most anticipated new live entertainment
venue. Dime has also been named a founding partner of UBS Arena,
the cutting edge live entertainment and sports venue, scheduled to
open in the fall.
Dime has become one of Greater Long Island’s
largest community banks since its merger earlier this year with BNB
Bank. Dime has $13 billion in assets and more than 60 branches from
Montauk to Manhattan. The partnership with UBS Arena gives the Bank
a high profile foothold at a location central to its New York City
/ Long Island network.
UBS Arena is a $1.1 billion multi-purpose arena
under construction and development adjacent to the Belmont Park
racetrack. The world class entertainment venue, with its timeless
and classic design, will bridge its iconic past with today’s
advanced technology and amenities. In addition to being the new
home to the famed New York Islanders Hockey Club, UBS Arena is one
of the few venues in the world designed with a sharp focus on music
and will create one of the best and most special experiences for
both artists and audiences. The state of the art arena will deliver
an unmatched live entertainment experience with clear sightlines
and premier acoustics to even more guests than ever before.
Dime Community Bank will be UBS Arena’s
exclusive retail and commercial banking partner and home to the
arena’s operating accounts. The Dime and UBS Arena collaboration
includes unique access opportunities for Dime customers, such as
the ability to enter through a co-branded VIP entrance regardless
of where their seat is located, discounts at select food and
merchandise locations, and access to unique onsite experiences such
as behind the scenes tours, mascot and alumni meet and greets, on
ice postgame photographs, and many others. Additionally, the
largest private club in UBS Arena will bear Dime’s name. With its
30’ ceilings and loft space like feel, the Dime Club resembles the
great Soho Lofts, featuring large scale photography paying homage
to the galleries and creative talent that continue to transform New
York. The club will accommodate 1,300 lower bowl ticket holders
during games, concerts, and other special events.
In addition, as a result of the partnership,
Dime will have access to 2,000 arena employees and Dime employees
will have opportunities to attend select arena games and concerts
and to participate in Dime community service events with Islanders’
talent.
“This is an unrivaled moment for the history of
our bank,” said Kevin O’Connor, CEO of Dime Community Bank. “A high
profile partnership like this with the premier event facility
across our expanding footprint will mean more benefits for our
customers and more opportunity for our employees. As we continue to
grow, we will use these collaborations to project the community
focus and customer service that set our bank apart.”
“Dime Community Bank is a notable addition to
our list of Founding Partners and we could not be more excited for
our guests to experience the Dime Club at UBS Arena,” said Tim
Leiweke, CEO of Oak View Group. “Their unwavering commitment to
helping neighborhoods flourish and supporting communities in and
around the arena aligns with our mission. We look forward to
collaborating in these areas as we move forward.”
UBS Arena will open for the 2021-2022 National
Hockey League season this fall and host more than 150 sports and
live entertainment events annually. For more information about the
construction of UBS Arena and its upcoming events, visit
www.UBSArena.com.
About Dime Community BankDime
Community Bank, a wholly owned subsidiary of Dime Community
Bancshares (Nasdaq: DCOM) is a New York State-chartered trust
company with over $13 billion in assets and number one deposit
market share among community banks on Greater Long
Island(1).(1) Aggregate deposit market share for Kings,
Queens, Nassau & Suffolk counties for community banks less than
$20 billion in assets.
For more information about Dime Community Bank,
visit www.dime.com and follow Dime on Facebook, Twitter, Instagram,
and LinkedIn.
About UBS Arena UBS Arena
is New York's next premier entertainment and sports venue and
future home of the New York Islanders. Located at Belmont Park in
Elmont, New York, the state of the art facility will open for the
2021-22 National Hockey League season and host more than 150 major
events annually. The arena and surrounding development are expected
to create 10,000 construction jobs and 3,000 permanent jobs,
generating approximately $25 billion in economic activity over the
term of the lease.
Developed in partnership with Oak View Group,
the New York Islanders, and Jeff Wilpon, UBS Arena is poised to be
one of the area's – and the nation's – most prestigious and
appealing venues for musical acts, events and performers of all
genres, and will create a unique entertainment experience for
artists and audiences alike. The venue is being constructed with a
fan first approach that leverages sophisticated engineering
acoustics to amplify the audio experience, high resolution LED
displays and will include the largest scoreboard in New York.
UBS Arena will offer the highest end amenities
and customer service, through VIP suites and clubs that merge
boutique hospitality with live entertainment. Clubs and suites will
have a timeless design inspired by classic, well known New York
establishments and will offer premier views of the bowl.
Complementing UBS Arena, Belmont Park's campus will comprise of
315,000 square feet of luxury retail and will include a 4-star
boutique hotel.
UBS Arena is being built to achieve Leadership
in Energy and Environmental Design (LEED) standards for New
Construction. In an effort to build a greener future and minimize
environmental impact, UBS Arena intends on being 100% carbon
neutral, utilizing renewable energy by 2024, which will make it the
first arena to do so on the eastern seaboard.
About the New York
Islanders Founded in 1972, the New York Islanders
Hockey Club is the proud winner of four Stanley Cup Championships
and nineteen consecutive playoff series victories. The Islanders
have had nine members inducted into the Hockey Hall of Fame and
play today in the National Hockey League’s Eastern Conference.
The Islanders Children’s Foundation has helped
countless youngsters in need around the world since its inception.
Donations are raised through the efforts of our players, management
and employees, along with our fans and partners.
UBS Arena at Belmont Park is finishing
construction and will be the team’s new, state of the art home
starting with the 2021-22 NHL season.
For more information about UBS Arena, visit
ubsarena.com/press-release and follow us @UBSArena on Facebook,
Twitter, Instagram and LinkedIn.
Contact: Julie Levy (631) 537-1000, ext.
7211Julie.Levy@dime.com
Jay
Beberman609-947-0358Jay.Beberman@newyorkislanders.com
Photos accompanying this announcement are available
at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/fe210dd0-74c6-41c9-a34f-843e377d4724
https://www.globenewswire.com/NewsRoom/AttachmentNg/386185f0-a7c4-463b-a6ba-7640ea247ef6
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