Dime hires 22 bankers, appoints leaders for Equipment & Franchise Finance
Dime has added senior executives Meyer Eichler from Flagstar and Keith Smith from Star Hill Financial to lead commercial banking and a new Equipment and Franchise Finance vertical. A total of 22 bankers will join its teams, with full hiring details to be disclosed on the April 23 earnings call.
1. Strategic Senior Hires
Dime has recruited Meyer Eichler as Executive Vice President and Managing Executive Director to lead its commercial banking team, along with John Paglia and John Spagnuolo as Group Directors. Toni Valente, Michael Ragusa and Olivia Dossman have also joined in regional and private banking roles to strengthen market coverage in New York and New Jersey.
2. Launch of Equipment & Franchise Finance
Keith Smith, formerly President of Star Hill Financial, will serve as Senior Vice President and head Dime's newly created Equipment and Franchise Finance vertical. This new business line aims to capitalize on franchise lending opportunities and support equipment financing across Dime’s existing commercial client base.
3. Scale and Next Steps
In aggregate, approximately 22 bankers will bolster Dime's teams, reflecting the bank’s growth strategy in the Metro New York market. Additional details on team integration, revenue targets and market impact will be provided during the first quarter earnings call scheduled for April 23.