ExpansionMay 25, 2026, 02:40 PM
Dime Expands Williamsburg Footprint with New Branch at 185 Broadway
AI Summary
Dime Community Bancshares, Inc. announced the expansion of its Williamsburg footprint by signing a lease for a prominent banking space at 185 Broadway, formerly occupied by Signature Bank. This move underscores Dime's continued investment in Brooklyn and its long-term commitment to serving local businesses and residents. The new location, which reflects Dime's strategic growth initiatives, is expected to open in the fourth quarter. Dime, founded in Williamsburg in 1864, has approximately $15 billion in assets.
Key Highlights
- Dime is expanding its Williamsburg footprint by signing a lease for a new banking space.
- The new location at 185 Broadway was formerly occupied by Signature Bank.
- The space is owned by the Forman Family, owners of Peter Luger Steak House.
- The expansion reinforces Dime's investment in Brooklyn and commitment to local communities.
- The new location is expected to open in the fourth quarter.
- Dime operates as a New York State-chartered trust company with approximately $15 billion in assets.
Price Impact
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