Dime Hires Dan Fosina To Lead New Jersey Middle Market Expansion Efforts
Rhea-AI Summary
Dime Community Bancshares (NASDAQ: DCOM) announced on Nov 21, 2025 that Dan Fosina will join as Senior Vice President, Group Leader to lead the bank's middle-market commercial expansion across New Jersey. The hire accompanies plans to open a branch in Lakewood, New Jersey and is presented as part of Dime's ongoing growth plan.
Mr. Fosina previously served as a Market President at Valley Bank and spent over fifteen years at KeyCorp in progressively senior corporate banking roles, including Senior Vice President of Corporate Banking.
Positive
- Senior VP hire with over fifteen years at KeyCorp
- Dedicated New Jersey lead aligned with Lakewood branch plans
Negative
- None.
News Market Reaction
On the day this news was published, DCOM gained 4.45%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HAUPPAUGE, N.Y., Nov. 21, 2025 (GLOBE NEWSWIRE) -- As part of the continued execution of its growth plan, Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced today that Dan Fosina will join Dime as Senior Vice President, Group Leader.
Mr. Fosina will spearhead Dime’s middle market commercial banking expansion across the state of New Jersey.
Stuart H. Lubow, President and Chief Executive Officer of Dime, said, "As part of our growth plan, we had identified New Jersey as an important expansion market. Recently, we announced plans to open a branch in Lakewood. Dan’s hire further demonstrates our commitment to growing our commercial banking business in New Jersey.”
“Dan is a very strong commercial banker who understands the needs of middle-market businesses and embodies our relationship-based approach to commercial banking. I have known Dan for well over a decade and am excited to have him be part of our growth story,” said Tom Geisel, Dime’s Chief Commercial Officer.
Mr. Fosina was most recently a Market President at Valley Bank, where he focused on growing commercial clients as well as managing teams of bankers. Prior to his tenure at Valley Bank, he spent over fifteen years with KeyCorp where he held various roles with increasing responsibility, including Senior Vice President of Corporate Banking.
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
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
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.
FAQ
Who is Dan Fosina and what role will he hold at DCOM?
How does Dan Fosina's background support Dime's New Jersey expansion?
What New Jersey expansion steps did Dime announce on Nov 21, 2025?
What is the expected focus of Dime's new New Jersey hire at DCOM?
Will Dan Fosina manage teams or client relationships at Dime?
