Dime Community Bancshares Inc

Dime Community Bancshares Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time savings and demand deposits from the businesses consumers and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition it invests in Federal Home Loan Bank Federal National Mortgage Association Government National Mortgage Association and Federal Home Loan Mortgage Corporation mortgage-backed securities collateralized mortgage obligations and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further the company offers certificate of deposit account registry services and insured cash sweep programs; federal deposit insurance corporation insurance; merchant credit and debit card processing automated teller machines cash management services lockbox processing online banking services remote deposit capture safe deposit boxes and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services as well as SBA loans commercial lines of credit and letters of credit. Dime Community Bancshares Inc. was founded in 1910 and is headquartered in Hauppauge New York.