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February 08, 2016 6:27 AM ET

Banks

Company Overview of The Dime Savings Bank Of Williamsburgh

Company Overview

The Dime Savings Bank Of Williamsburgh provides personal and business banking services in New York. Its personal banking services include rewards and perfectly free checking accounts, direct deposits, and overdraft line of credit; passbook savings, statement savings, money market, certificates of deposit (CD), student savings, club, and retirement accounts; and term, whole, and single premium universal life insurance products, as well as fixed annuities. The company’s business banking services include freedom, analysis, interest, and interest on lawyer business checking accounts; money market and CD accounts; and commercial lending comprising fixed rate loans, step up loans, first and second...

209 Havemeyer Street

Brooklyn, NY 11211

United States

Founded in 1864

Phone:

718-782-6200

Key Executives for The Dime Savings Bank Of Williamsburgh

Chairman of The Board, Chief Executive Officer, Chairman of The Board of Dime Community Bancshares Inc and Chief Executive Officer of Dime Community Bancshares Inc
Age: 74
President, Chief Operating Officer, Director, Chief Operating Officer of Dime Community Bancshares Inc, President of Dime Community Bancshares Inc and and Director of Dime Community Bancshares Inc
Age: 64
Principal Financial Officer, Chief Accounting Officer, Executive Vice President, Chief Accounting Officer of Dime Community Bancshares Inc and Executive Vice President of Dime Community Bancshares Inc
Age: 61
Chief Investment Officer and Executive Vice President
Age: 43
Chief Technology Officer and Executive Vice President
Age: 57
Compensation as of Fiscal Year 2015.

The Dime Savings Bank Of Williamsburgh Key Developments

Dime Community Bancshares Inc. and The Dime Savings Bank Of Williamsburgh Announce Executive Changes

Dime Community Bancshares Inc. announced the appointment of Kenneth J. Mahon as President and Chief Operating Officer of Dime Community Bancshares Inc. and The Dime Savings Banks of Williamsburgh effective immediately upon the retirement of current President Michael P. Devine on December 31, 2015. Mr. Mahon has served as Chief Operating Officer of both the Company and bank since 2014, and a director of both the Company and Bank since 2002. Mr. Mahon joined the Bank in 1980, and has served in numerous capacities with the Company and bank prior to his current position of Chief Operating Officer, most notably Chief Financial Officer.

Dime Savings Bank to Open New Branch in Williamsburg

The Dime Savings Bank of Williamsburgh has received approval from the New York State Department of Financial Services to open a new branch in new Williamsburg at 214 Bedford Avenue, Brooklyn, corner of North 5th. Dime's new branch, anticipated to open by year end, will be a unique 500-square foot banking "community space," located within the blocks between North 5th and North 8th street on Bedford Avenue, the epicenter of activity in Williamsburg. It will be designed around several ATMs as a free wi-fi center with charging station and a community bulletin board, among other elements, open to all residents and visitors in Williamsburg.

The Dime Savings Bank Of Williamsburgh Hires Timothy Lenhoff as Executive Vice President and Chief Technology Officer

The Dime Savings Bank Of Williamsburgh announced that Timothy Lenhoff has joined the Bank as Executive Vice President and Chief Technology Officer. Mr. Lenhoff is well known in banking and technology circles, having worked for many years for core processors, BISYS and Open Solutions, before moving to the client side with an institution in New Jersey. Tim will oversee the management, planning, implementation, infrastructure and network security protocol for all information technology utilized by the Bank, including the negotiation of any related contracts with third party information technology providers. Tim will lead a strong core team of technology professionals at Dime.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 7, 2015
Certain Real Estate Properties Located in the Williamsburg Section Of Brooklyn, New York
 

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