1. Dime continues partnership with CDLI for community development. 2. CDLI helps Long Island families with housing and financial education. 3. Dime holds significant market share among community banks in Long Island.
Dime's community engagement and support for affordable housing can enhance brand value, possibly increasing customer loyalty and deposits, similar to when other banks gained from successful community programs.
The article indicates Dime's commitment to community, enhancing reputation and potential deposit growth, thus impacting overall financial health.
Sustained partnerships like this can strengthen Dime's market position over time, akin to other banks gaining market share through community involvement.
HAUPPAUGE, N.Y., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ:DCOM) (the "Company" or "Dime"), the parent company of Dime Community Bank (the "Bank"), announced that Dime is continuing its partnership with Community Development of Long Island ("CDLI"). CDLI is a not-for-profit organization that provides Long Island families with affordable housing, financial health, and wealth aspirations through education, home repair, and guidance.
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 $14 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 Reddy
Senior Executive Vice President – Chief Financial Officer
Phone: 718-782-6200; Ext. 5909
Email: 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.
FORWARD-LOOKING STATEMENTS
Statements contained in this news release that are not historical facts are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from those currently anticipated.
