Dime Hires Three Prolific Deposit-Focused Groups
June 06 2023 - 4:45PM
Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ:
DCOM), the parent company of Dime Community Bank (the “Bank”),
announced today the hiring of two deposit-focused Groups from the
former Signature Bank and one deposit-focused Group from the former
First Republic. On a combined basis, the Groups managed over $1.5
billion of deposits at predecessor institutions.
The Omar Kamil and Eric Shabat Group (former Signature Bank)
includes:
- Omar Kamil – Group
Leader
- Eric Shabat – Group
Leader
- Victoria Amatrudo –
Senior Client Service Associate
- Jennifer Reda –
Senior Client Service Associate
- Cristine Zipf –
Client Associate
The Moshe Mashiach and Joseph Nathan Group (former Signature
Bank) includes:
- Moshe Mashiach –
Group Leader
- Joseph Nathan –
Group Leader
- Kathleen Long –
Senior Client Service Associate
The Consuelo Reynoso and Wana Stesevic Group (former First
Republic) includes:
- Consuelo Reynoso –
Group Leader
- Wana Stesevic –
Group Leader
- Charlee Chadaratana
– Senior Client Service Associate
The Groups are well known for providing exemplary service to law
firms, title companies, real estate investors, technology firms,
professional services firms, sports related firms, small business
owners, and high-net worth individuals with tailored service and
advice to address their unique needs and goals.
“We chose to move to Dime for its dedication to supporting
clients and its reputation of long-standing financial strength. We
were also impressed by Dime’s suite of technology offerings and
commitment to continue to innovate and provide our clients a
best-in-class customer experience through a single point of
contact,” said Kamil and Shabat.
“Dime continues to be the home of best fit for Groups who are
looking to land at a firm known for integrity and security, as well
as a client-centric focus. Their flat organizational structure and
relationship-based mindset were key factors in our decision to
join,” said Mashiach and Nathan.
“We were attracted to Dime’s customer-first mindset and their
culture of providing an exemplary level of client service
throughout the organization. They are a very nimble organization
and we believe their high-touch and focused business model will
serve our clients well over time,” said Reynoso and Stesevic.
Commenting on the new Group hires, Stuart H. Lubow, President
and Chief Operating Officer of Dime, said, “We are incredibly
excited with these new Group hires. The failure of two regional
banks in our marketplace is creating a moment-in-time opportunity
for Dime to significantly enhance our deposit franchise over time.
We have now added seven deposit-focused Groups in the second
quarter alone.”
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
$13.8 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 ReddySenior Executive Vice President –
Chief Financial OfficerPhone: 718-782-6200; Ext.
5909Email: 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
Dime Community Bancshares (NASDAQ:DCOM)
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