Dime Community announces expansion in Williamsburg

Dime Community Bancshares announced that it has hired a deposit-focused Group that will cover the Williamsburg market. The Group will be led by John McDonough and Emanuel “Manny” Diconimakis. The Group was previously employed with the former Signature Bank and its successor, Flagstar Bank. Stuart Lubow, President and Chief Executive Officer of Dime said, “We are excited to announce the addition of another talented deposit-focused Group in the strategically important market of Brooklyn. Dime, which was founded in Williamsburg in 1864, has always been a key part of the fabric of this vibrant neighborhood. It gives us great satisfaction to stay true to our roots and expand our presence in Williamsburg through the hiring of John and Manny. We continue to capitalize on the disruption in our marketplace and execute our growth plan in a thoughtful and targeted manner.”