Dime Community Bancshares, Inc. continues to execute its growth plan and announced the launch of a National Deposits Group. The National Deposits Group will expand Dime?s capabilities into several new deposit-rich verticals including: death care services, escrow servicing, family offices, fund banking, hedge funds, insurance, medical billing, private equity, software, and third party payment processors, while also focusing on several other industries where Dime has a presence. The team has a long history of working together and will focus on gathering low-cost relationship-based deposits.

The new National Deposits Group will consist of: Martin Ball ? Head of National Deposits. Mr. Ball was previously Head of National Deposits at Valley Bank and prior to that an EVP of Bank OZK.

Glen Carballo ? Director of National Deposits. Mr. Carballo will be responsible for business development.

Gail Balmaceda and Christian Sanchez will handle day-to-day onboarding and ongoing relationship management.