{"id":911541,"date":"2025-11-19T08:17:33","date_gmt":"2025-11-19T13:17:33","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/dime-announces-plans-to-open-locust-valley-branch\/"},"modified":"2025-11-19T08:17:33","modified_gmt":"2025-11-19T13:17:33","slug":"dime-announces-plans-to-open-locust-valley-branch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dime-announces-plans-to-open-locust-valley-branch\/","title":{"rendered":"Dime Announces Plans to Open Locust Valley Branch"},"content":{"rendered":"<h2>\nLiz Materia Named Branch Manager<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">HAUPPAUGE, N.Y., Nov.  19, 2025  (GLOBE NEWSWIRE) &#8212; Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the \u201cCompany\u201d or \u201cDime\u201d), the parent company of Dime Community Bank (the \u201cBank\u201d), announced that, subject to the receipt of customary regulatory approvals, it plans to open a full-service branch location in Locust Valley in 2026.<\/p>\n<p align=\"justify\">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.<\/p>\n<p align=\"justify\">Stuart H. Lubow, President and Chief Executive Officer of Dime, commented: &#8220;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.&#8221;<\/p>\n<p align=\"justify\">Jim Manseau, Executive Vice President and Chief Banking Officer, added: \u201cRecruiting a banker of Liz&#8217;s caliber speaks to Dime&#8217;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.&#8221;<\/p>\n<p align=\"justify\">\n        <strong>ABOUT DIME COMMUNITY BANCSHARES, INC.<\/strong>\n      <\/p>\n<p align=\"justify\">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 <sup>(1)<\/sup>.<\/p>\n<p>\n        <strong>Dime Community Bancshares, Inc.<\/strong><br \/>\n        <br \/>Investor Relations Contact:<br \/>Avinash Reddy<br \/>Senior Executive Vice President \u2013 Chief Financial Officer<br \/>Phone: 718-782-6200; Ext. 5909<br \/>Email:\u00a0<a href=\"mailto:avinash.reddy@dime.com\" rel=\"nofollow\" target=\"_blank\">avinash.reddy@dime.com<\/a><\/p>\n<p>\u00a0\u00b9 Aggregate deposit market share for Kings, Queens, Nassau &amp; Suffolk counties for community banks with less than $20 billion in assets.<\/p>\n<p align=\"justify\">\n        <strong>FORWARD-LOOKING STATEMENTS<\/strong><br \/>\n        <br \/>\n        <em>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.<\/em>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3ODQyNSM3MjcxOTAxIzIwMTk0NjI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/N2I4NTI3ODktODRjNy00NDEzLWI1M2ItNzNhZDdlMGFhZmIwLTEwMzA5MzktMjAyNS0xMS0xOS1lbg==\/tiny\/Dime-Community-Bancshares-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Liz Materia Named Branch Manager HAUPPAUGE, N.Y., Nov. 19, 2025 (GLOBE NEWSWIRE) &#8212; Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the \u201cCompany\u201d or \u201cDime\u201d), the parent company of Dime Community Bank (the \u201cBank\u201d), 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: &#8220;We are proud to announce that the best commercial bank in Metro New York will soon have a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dime-announces-plans-to-open-locust-valley-branch\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dime Announces Plans to Open Locust Valley Branch&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-911541","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dime Announces Plans to Open Locust Valley Branch - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dime-announces-plans-to-open-locust-valley-branch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dime Announces Plans to Open Locust Valley Branch - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Liz Materia Named Branch Manager HAUPPAUGE, N.Y., Nov. 19, 2025 (GLOBE NEWSWIRE) &#8212; Dime Community Bancshares, Inc. (NASDAQ: DCOM) (the \u201cCompany\u201d or \u201cDime\u201d), the parent company of Dime Community Bank (the \u201cBank\u201d), 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: &#8220;We are proud to announce that the best commercial bank in Metro New York will soon have a &hellip; Continue reading &quot;Dime Announces Plans to Open Locust Valley Branch&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/dime-announces-plans-to-open-locust-valley-branch\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-19T13:17:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU3ODQyNSM3MjcxOTAxIzIwMTk0NjI=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-announces-plans-to-open-locust-valley-branch\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-announces-plans-to-open-locust-valley-branch\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Dime Announces Plans to Open Locust Valley Branch\",\"datePublished\":\"2025-11-19T13:17:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-announces-plans-to-open-locust-valley-branch\\\/\"},\"wordCount\":374,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-announces-plans-to-open-locust-valley-branch\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU3ODQyNSM3MjcxOTAxIzIwMTk0NjI=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-announces-plans-to-open-locust-valley-branch\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/dime-announces-plans-to-open-locust-valley-branch\\\/\",\"name\":\"Dime Announces Plans to Open Locust Valley Branch - 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