BNB has taken the Dime name, effective Feb. Bridge Bancorp Inc. As a result of the BNB-Dime merger, customers will not experience any immediate changes to their accounts, loan payment terms, access to account information through mobile and online banking applications, use of debit cards, or access to ATMs, the bank said in a press release. The company said it expects to combine its banking technology platforms by early in the second quarter of without any disruption to customers.
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The new entity will have 66 branches from Montauk to Manhattan. O'Connor will serve as the merged company's CEO, while Stuart Lubow, the president of Dime, will become president and chief operating officer of the company.
Bridge, whose headquarters is in Bridgehampton, has 38 branches on Long Island, Queens and Manhattan with its heaviest concentration in Suffolk County. Bridge was founded in Dime was founded in Though the combined company will operate under the Dime brand, some branches in eastern Long Island will continue to operate under the BNB Bank name "for at least one year," the companies said in a joint news release.
As a mutual bank, Dime does not issue stock, so there are no stockholders. Dime is owned by its depositors, which means our primary concern is your needs. Dime Bank is governed by a Board of Directors which, along with the bank corporators, represents the interests of depositors in all communities served by Dime Bank. Here are some landmark dates in the history of Dime Bank: : On the day Dime opened for business, Sept.
Sixty-three customers opened accounts that day. Total deposits? No longer just a savings bank, Dime had become a financial institution offering comprehensive services to people and businesses throughout southeastern Connecticut.
After 70 years at 33 Broadway, Dime relocated its corporate operations to Salem Turnpike. A new branch in New London brought Dime banking to a new community. Also, Dime crossed state lines and made history as the first Connecticut bank to open a Rhode Island branch - in Westerly.
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