Dime Announces Plans to Open Locust Valley Branch
Dime Community Bancshares (NASDAQ: DCOM) plans to open a full-service branch in Locust Valley in 2026, subject to customary regulatory approvals. The branch will be located at 85 Forest Avenue and will be staffed by Liz Materia, previously a branch manager at The First National Bank of Long Island.
Management said the Locust Valley branch is part of Dime's North Shore growth plan and expects to leverage local relationships and recruited talent to pursue market share gains.
Dime Community Bancshares (NASDAQ: DCOM) intende aprire una filiale a servizio completo a Locust Valley nel 2026, soggetta alle consuete approvazioni regolamentari. La filiale sarà situata in 85 Forest Avenue e sarà gestita da Liz Materia, precedentemente responsabile di filiale presso The First National Bank of Long Island.
La direzione ha dichiarato che la filiale di Locust Valley fa parte del piano di crescita della North Shore di Dime e si aspetta di sfruttare le relazioni locali e i talenti reclutati per ottenere quote di mercato.
Dime Community Bancshares (NASDAQ: DCOM) planea abrir una sucursal de servicio completo en Locust Valley en 2026, sujeto a las aprobaciones regulatorias habituales. La sucursal estará ubicada en 85 Forest Avenue y contará con Liz Materia, anteriormente directora de sucursal en The First National Bank of Long Island.
La dirección afirmó que la sucursal de Locust Valley forma parte del plan de crecimiento de North Shore de Dime y espera aprovechar las relaciones locales y el talento reclutado para buscar ganancia de cuota de mercado.
Dime Community Bancshares (NASDAQ: DCOM)는 2026년으로 예정된 Locust Valley의 풀서비스 지점을 개설할 계획이며, 일반적인 규제 승인을 받는 것이 전제 조건입니다. 지점은 85 Forest Avenue에 위치하게 되며 Liz Materia가 이사로 근무하게 됩니다. 그녀는 이전에 Long Island의 The First National Bank의 지점장을 역임했습니다.
경영진은 Locust Valley 지점이 Dime의 North Shore 성장 계획의 일부이며 지역 관계 및 채용 인재를 활용해 시장 점유율 확대를 추진할 것으로 기대한다고 밝혔습니다.
Dime Community Bancshares (NASDAQ: DCOM) prévoit d’ouvrir une agence à service complet à Locust Valley en 2026, sous réserve des approbations réglementaires habituelles. L’agence sera située au 85 Forest Avenue et sera dirigée par Liz Materia, auparavant directrice de succursale à The First National Bank of Long Island.
La direction a indiqué que l’agence de Locust Valley fait partie du plan de croissance de North Shore de Dime et espère tirer parti des relations locales et des talents recrutés pour augmenter les parts de marché.
Dime Community Bancshares (NASDAQ: DCOM) plant, eine Vollservice-Filiale in Locust Valley im Jahr 2026 zu eröffnen, vorbehaltlich üblicher behördlicher Genehmigungen. Die Filiale wird sich in 85 Forest Avenue befinden und von Liz Materia geleitet werden, die zuvor Filialleiterin bei The First National Bank of Long Island war.
Das Management sagte, dass die Filiale in Locust Valley Teil des North Shore-Wachstumsplans von Dime sei und erwarte, lokale Beziehungen und rekrutiertes Talent zu nutzen, um Marktanteile zu gewinnen.
Dime Community Bancshares (NASDAQ: DCOM) تخطط لفتح فرع خدماً كاملاً في Locust Valley في عام 2026، رهناً بالموافقات التنظيمية المعتادة. سيكون الفرع موجوداً في 85 Forest Avenue وسيكون بقيادة Liz Materia، التي كانت سابقاً مديرة فرع في The First National Bank of Long Island.
أفادت الإدارة أن فرع Locust Valley يعد جزءاً من خطة نمو Dime في الساحل الشمالي وتتوقع الاستفادة من العلاقات المحلية والمواهب المُجندة لتحقيق مكاسب في حصة السوق.
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Liz Materia Named Branch Manager
HAUPPAUGE, N.Y., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the “Company” or “Dime”), the parent company of Dime Community Bank (the “Bank”), announced that, subject to the receipt of customary regulatory approvals, it plans to open a full-service branch location in Locust Valley in 2026.
The new branch, which will be located at 85 Forest Avenue, will be staffed by Liz Materia. Ms. Materia was previously a branch manager with The First National Bank of Long Island, which was recently acquired.
Stuart H. Lubow, President and Chief Executive Officer of Dime, commented: "We are proud to announce that the best commercial bank in Metro New York will soon have a new branch location in Locust Valley. As a long-time resident of the Town of Oyster Bay, I personally have deep ties into the Locust Valley business community that we plan to leverage as part of our expansion plans. Dime continues to be the bank-of-choice for talented bankers as we execute on our growth plan."
Jim Manseau, Executive Vice President and Chief Banking Officer, added: “Recruiting a banker of Liz's caliber speaks to Dime's ability to capitalize on the disruption across our marketplace and our value proposition. As a locally managed, highly responsive bank, with a strong product and technology offering, we expect to make market share gains on the North Shore of Long Island."
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
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