HAUPPAUGE, N.Y., Sept. 21, 2022 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (NASDAQ: DCOM), the parent company of Dime Community Bank announced today that Vincent F. Palagiano is retiring from the Board of Directors, effective September 21, 2022. Mr. Palagiano began his career with The Dime Savings Bank of Williamsburgh in 1970 as a loan appraiser. He subsequently rose to Chief Lending Officer, and later to Chairman and Chief Executive Officer of Dime Savings Bank. Following the closing of the Company’s merger of equals transaction in 2021, Mr. Palagiano maintained his board role at the pro forma Company. Mr. Palagiano stated, “Looking back over my career, I am incredibly proud of how our organization has grown and evolved over the decades. We are now a highly profitable, well diversified institution that is the leading community commercial bank on Greater Long Island. I will cherish all the relationships I have made over the decades and remain very excited about Dime’s future and prospects.” Dime Community Bancshares, Inc. is the holding company for Dime Community Bank, a New York State-chartered trust company with over $12.3 billion in assets and the number one deposit market share among community banks on Greater Long Island (1). © Copyright 2012 - 2023 | citybiz | All Rights Reserved On the night of March 9th, Charles and another pilot, Richard Mardarello, were flying a patrol route. They were called to the East River between the Bronx and LaGuardia Airport, where, within the previous hour, three commercial jets had been hit by lasers. “We spent a few minutes flying low, looking for green dots,” Mardarello said. No luck. Charles radioed the local precinct. A squad car arrived, and Charles shone a searchlight at the window, guiding the officers to the apartment in question. Inside, on top of a refrigerator, police found a Tesoar Laser 303 (“Danger: Avoid Direct Eye Exposure”). They arrested Frank Egan, a thirty-six-year-old florist who lives with his mother and stepsister. He claimed to have no interest in laser pointers. The case was headed for indictment until Elehecer Balaguer, who was dating Egan’s stepsister and had been staying at the apartment, asked to speak in open court. “Frank Egan had nothing to do with this,” Balaguer told the stunned courtroom. “I was the one that did it. . . . It was just, like, a kid thing, you know?” Balaguer is fifty-four. Egan’s lawyer, Francis O’Reilly, expects the charges against his client to be dropped. “The D.A. wants to do an investigation first, and that’s fine with us,” O’Reilly said. “Incidentally, I am an amateur astronomer and I own half a dozen laser pointers myself. I use them to indicate constellations in the sky and to align telescopes I’m building.” Would he ever aim one at a plane? “Of course not. I don’t see the point.” ♦ The Central Catholic High School duo of Hannah Lindesmith and Vicki Palagiano have been selected to the Ohio Tennis Coaches’ Association Girls All-Ohio Team Lindesmith and Palagiano were named to the Division II doubles second team reached the state tournament together this season They then became the first Central girls team to win a match at the state tournament in the 2000s before losing a second-round match Lindesmith and Palagiano finished the season 16-3 as a doubles team Dime Savings Bank continues to celebrate its 150thanniversary with a series of events commemorating the milestone the latest of which was a Depositor Recognition Day on Monday September 15 at the century-old Dime headquarters in Williamsburg at 209 Havemeyer Street “Few companies are 150 years old and have been a community rock as Dime has,” said Larry Kinitsky “The involvement of our depositors shows how committed we are to the communities we serve.” The event recognized several long-time depositors such as Joe Depositors were also given gifts and celebrated at a luncheon hosted by Dime executives including Chairperson/CEO Vincent Palagiano investing locally and fair treatment of employees – including a stock option plan – as major factors in their growth and low turnover over the years Approximately 95 percent of business is in the area of local branches we look forward to continuing to provide some of the best modern services and interest rates available and to keep the “community savings bank” spirit alive deep into the 21st century This website is using a security service to protect itself from online attacks The action you just performed triggered the security solution There are several actions that could trigger this block including submitting a certain word or phrase You can email the site owner to let them know you were blocked Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page Sign up for our daily Newsletter and stay up to date with all the latest news You are receiving this pop-up because this is the first time you are visiting our site You are using software which is blocking our advertisements (adblocker) we are relying on revenues from our banners So please disable your adblocker and reload the page to continue using this site.Thanks The clementine campaign is proceeding with higher prices than expected The market seems to be affected by lower yields in the various clementine-growing areas that are creating some commercial imbalance "The high temperatures and lack of rain which lasted several months led to difficulties in the fields the clementines we are supplying are of excellent quality We are harvesting the produce at the right ripening stage without any extreme techniques to anticipate or delay the fruits," reports Vincenzo Stellaccio a citrus grower from Palagiano (Taranto) with 12 hectares dedicated to clementines clementines of the SRA 89 and Fedele variety being harvested) almost abnormal for the period with minimum ones close to zero have favoured further colouring of the fruit becomes one of the most important for good product placement." but the continuous lack of rain is putting growers to the test especially those in areas without an efficient water network "We are still irrigating," the Apulian entrepreneur resumes Many fellow farmers only had water for brief moments in the previous months this also means that skin problems are limited and that fruits are holding up well This allows us to supply quality produce and work with peace of mind There is still long to go until the end of the current season and now the most interesting time is approaching For more information:Mielagri+39 368 342 7932[email protected] FreshPublishers © 2005-2025 FreshPlaza.com Kelsey Thomas had family history hanging over her head going into this tennis season Hannah Lindesmith had herself to contend with The two seniors — Thomas at Jackson High School and Lindesmith from Central Catholic — successfully used their past to help them qualify for this weekend’s state tennis tournament in doubles Thomas and classmate Hanna Fedorka qualified sixth out of the Oberlin Division I district Lindesmith and fellow senior Vicki Palagiano were third at the Division II Canton district “I’m the third of my siblings to go to state.” She follows her brother “She had all the memories of her and Stephanie (Conlan) going together She’s proud that me and Hanna are going and can have that memory to share.” Lindesmith qualified in doubles as a sophomore with senior Lauren Coggins and lost in her first match Falling one match short of an encore last season was her motivation to get back to Columbus Now I understand the importance of seeding and how good the competition in Columbus will be It made me a lot more determined this year.” Both Lindesmith and Thomas were the top singles players for their teams this fall Making the switch to doubles come tourney time was a little more difficult for both Thomas and Fedorka That’s because Fedorka’s usual doubles player was sophomore Maria Thomas “Be careful how you respond to that,” Kelsey cracked when Hanna was asked which Thomas was the better player But once we got playing together and communicating like we do It was just a matter of them spending time together on the court Jackson head coach Keith Kohmann said “Their communication match by match has gotten better,” he said Kelsey back and getting a chance on a short ball Lindesmith and Palagiano have been playing together for awhile only to fall to a Hathaway Brown team in the go-to match Guess who they beat to lock up their state berth last week “It’s very exciting,” Palagiano said of their win over Hathaway Brown “To win against the team that we lost to last year Lindesmith said one key to taking the next step was playing more doubles together we knew we had to play some doubles,” said Lindesmith who plays basketball while Palagiano swims “The difference between last year and this year is everything has fully clicked for us.” They are 15-2 with wins over quality foes such as Jackson “The big deal to me is the communication and chemistry between the two of them,” Central head coach Basil Violand said “They are both supportive of their partner.” Palagiano thinks they “communicate very well,” on the court “I think we work better as a team than individuals.” Their goal is to be the first Central girls team to get a win in Columbus in the 2000s “No pressure,” Lindesmith said with a laugh “I’m hoping we can get past the first round Dime Community Bank celebrates the opening of its new headquarters at One Pierrepont Plaza Dime Community Bank cut the ribbon on its new corporate headquarters at One Pierrepont Plaza on Thursday Palagiano were joined by elected officials the Board of Directors of Dime Community Bank and others to celebrate the opening of its new digs “We wrote a book in 2014 celebrating our 150th anniversary titled ‘The Last Bank Standing’ and the reason is we are the last great Brooklyn savings bank still around today,” said Mahon “We’re very proud of that and while we love Williamsburg it was just time for us to take the capital that we had invested there and put it back into the business end so that led to our move here to One Pierrepoint Plaza today Mahon also discussed the bank’s previous home and the massive space “The campus that we had on Havemeyer Street was in three different buildings,” Mahon explained I didn’t know they worked for us.’ This is somebody that has worked with the company for a couple of years so it was that disperse “While we shall miss our longtime home we are delighted and proud that we and our 140 associates are now headquartered in this fantastic space of One Pierrepont Plaza,” added Nelson Borough President Eric Adams discussed the importance the bank has had on all Brooklynites “Brooklyn is a better place because of Dime Community Bank,” he said “You have to be great to be around for 150 years You have to be able to modify your thought and process You have to be able to know that your consumer base is going to grow and expand.” this transformation,” said Senior Executive Vice President and COO Roberto S with these folks around us is just wonderful to be a part of.” the capital produced from the sale that allowed them to move to the new location helped support its mission we’ve been able to keep 140 jobs in Brooklyn,” he said He also described how Dime has evolved over a century and a half we changed our name to Dime Community Bank because the Dime Savings Bank of Williamsburg was a lovely name and we enjoyed it as much as we enjoyed being in that limestone building for many years but it spoke of a different time,” he explained “Savings banking is an arcane form of banking these days Community banking is about community trust and that’s what our mission is today “Every dime that goes in is part of your 150 year legacy connected to who we have become as Brooklyn is of this amazing institution,” added Adams “They’re just not a customer of who is trying to make a monetary transaction hopes and dream is connected to that dime that is deposited.” Chemistry can be a funny thing when it comes to finding a winning formula for doubles on the tennis court It’s often not as easy as just taking two standout singles players and tossing them together “That can sometimes be a prescription for disaster because a lot of times good singles players don’t translate into good doubles players,” Jackson coach Keith Kohmann said “Some singles players just like to stand at the baseline and bang the ball back and forth two doubles teams from Jackson and Central Catholic have found a successful mix that has them playing in Columbus Jackson seniors Kelsey Thomas and Hanna Fedorka will compete in the Division I tournament while the Central Catholic duo of Hannah Lindesmith and Vicki Palagiano will take part in the Division II tournament Both begin this morning at The Ohio State University described as “a doubles specialist” by Kohmann Lindesmith and Palagiano all played their fair share of singles this fall Thomas and Lindesmith were their teams' No while Palagiano usually was slotted at second singles for the Crusaders elected to pair his top two players in doubles against better foes they talked and said they wanted to play doubles in the tournament,” Violand said they had to play together some during the season They played together against some of the tougher teams we played as the duo lost just once during the regular season before falling in the district semifinals will play Chaminade Julienne’s Brooke Sandridge and Mary Haley the second seed from the Southwest District Thomas and Fedorka played together some last season They were paired together at the Lexington Invitational but didn’t really start prepping to play as a team until the postseason That hasn’t been a hindrance to their efforts “There’s definitely a difference between singles and doubles “It all comes down to fundamentals and mental skills.” Fedorka said there was little adjustment on her part due to how well the two meshed on the court because we complement each other so well,” Fedorka said and I’m the fiery one who’s all over the place After finishing sixth at the Oberlin district the Jackson duo will face Southwest district champs Aundrea Busse and Julie Brockman of Springboro Thomas said the two aren’t focused on the result as much as savoring their first consistent tennis and enjoy my time as a senior down there,” Thomas said “This is our last time together as a Jackson tennis team so I just want to go down there and play my heart out.” Both Central Catholic doubles teams swept their matches Wednesday at the Canton Division II high school girls tennis sectional at Weis Park and Harvard Courts The Crusaders’ duo of Lauren Coggins and Hannah Lindesmith won matches over St while Alex Worstell and Vicki Palagiano defeated teams from Orrville Both teams will play Saturday in the semifinals but already have qualified for next week’s Canton district Katelyn Caniford and Theresa Reinhard of St Thomas Aquinas will face Worstell and Palagiano on Saturday after winning matches over Canton South Central’s Allie Butz and Ashley Fuchs each won three matches to move to the quarterfinals Saturday 1 overall seed Morgan Murray of Canton South breezed through her two matches Murray plays Emma Hooley of Kidron Central Christian in a quarterfinal match The top four singles players and top four doubles teams advance to the Canton District at Weis Park next Wednesday Doubles—Coggins-Lindesmith (Central Catholic) d 6-1; Worstell-Palagiano (Central Catholic) d Notes—Winners advance to Saturday’s semifinals Top four singles players and doubles teams advance to Canton Division II district Wednesday Dime Community Bank cut the ribbon on their newest branch in Williamsburg A community bank’s Brooklyn roots have gotten a little deeper Expanding on its mission of providing banking services with an emphasis on serving the community Dime Community Bank—founded in Williamsburg in 1864—officially opened its newest branch at 214 Bedford Avenue in Williamsburg on Thursday The new Bedford branch looks to further Dime Community Bank’s dedication to “ordinary according to Dime Chairperson Vincent Palagiano The whole idea is to have quick service so that our customers can come in and do what they want to do and be on their way,” said Palagiano “It’s what this neighborhood is looking for.” The small branch design—coming in at just 433 square feet—means that it does not utilize a traditional teller line instead giving customers the option to use “pods” and advanced digital ATMs Customers can choose to receive highly-personalized service from a universal banker depending on how they would like to be served Branch Manager and Assistant Vice President Anthony Wilson touched on the bank’s reception in the community “We’ve gotten a lot of attention just off curiosity Just from me going out into the street and talking to people and getting to know everyone on the block we’ve been very well received,” said Wilson we have geared our senses toward small business our ties are deeply rooted here in the community which means we do a lot of work in the community and help the small businesses that make the community vibrant.” The branch is designed with Williamsburg in mind such as reclaimed wood and exposed brick decor allowing customers to conduct transactions with bankers utilizing wireless Microsoft Surface Pros “We’re here to not only service families and individuals but also all the wonderful establishments here in the neighborhood,” said Chief Operating Officer Rob Volino our customers’ needs are what drive our services We don’t see ourselves as a bank; we see ourselves as one of the merchants on the block so we’re really not a bank in the community Dime recognized two non-profit organizations that service the community and made a donation to each One of organizations honored was the Museum of Food and Drink which looks to analyze the role that food and beverage play in history The second organization honored was the Williamsburg Art and Historical Center national and international artists from all disciplines in order to create a more integrated world The Dime Bedford Branch is open Monday through Saturday from 10 a.m For more information about the branch or other Dime Community Bank branches