Dime Community Bank Opens First Long Island Branch in Decades

Dime Community Bank CEO Kenneth J. Mahon (center, holding scissors) conducts a ribbon-cutting ceremony for the bank’s new Melville branch on Tuesday, Nov. 28, 2017. From left to right in front row: Monica Reis, Assistant Branch Manager, Dime Melville Branch Thomas Donnelly, Councilman, Town of Babylon and County Legislator-Elect Vincent F. Palagiano, Dime Chairman Kenneth J. Mahon, Dime President & CEO Chad Lupinacci, NYS Assemblymember and Town of Huntington Supervisor-Elect Mark Cuthbertson, Councilman, Town of Huntington Roberto S. Volino, Senior Executive Vice President & COO Michael A. Perez, Senior Vice President and Director of Retail Banking Dean Highland, Assistant Vice President and Branch manager, Dime Melville Branch. Back row: Stuart H. Lubow, Senior Executive Vice President-Business Banking Ted Macaluso, Executive Director, Melville Chamber of Commerce David Gustin, President, Melville Chamber of Commerce. (Photo by Bob Savage).

Dime Community Bank held a ribbon-cutting ceremony this week to celebrate the grand opening of its new Melville branch — the bank’s first location on Long Island in nearly 40 years.

Dime’s executive management team touted their triumphant return to the LI region before supporters and local dignitaries enjoyed cocktails and hors d’oeuvres during the reception.

“What differentiates Dime form other community banks?” Dime Community Bank President and CEO Kenneth J. Mahon asked during opening remarks. “While all community banks have similar products and services, what differentiates us is the people who work for us.”

Mahon touted the team of experienced commercial and community banking professionals that are joining the new location. He noted that Dime sold its Huntington branch in 1979.

“We’re just thrilled to be part of an institution that has such a great history and part of the future in terms of making it one of the pre-eminent community commercial banks in the metropolitan area,” said Stuart H. Lubow, Senior Executive Vice President, Business Banking. “We’re looking forward to providing all the banking services you need.”

Lubow then presented a $3,000 check donation to Ann Walsh, director of the nonprofit Lustgarten Pancreatic Cancer Foundation that raises funds to support research to find a cure for the disease.

Among the dignitaries on hand for the occasion was New York State Asssemb. Chad Lupinacci (R-South Huntington), who was recently elected Huntington town supervisor, a job he’ll resume Jan. 1.

“This is a great day to bring Dime back to Huntington,” Lupinacci said.

Dime Community Bank is located at 1 Huntington Quadrangle, Ste. 1N06 in Melville. They can be reached at 631-794-4150 or dime.com/locations/melville They are open 8:30 a.m.- 5 p.m. Mon.-Fri.

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