Dime Leases Former Signature Bank Space at 185 Broadway in Williamsburg
DCOM•Dime signed a lease for 185 Broadway in Williamsburg, a former Signature Bank space owned by the Forman Family. The new branch, opening in the fourth quarter, will leverage Dime's $15 billion asset base and leading deposit share to expand personalized banking services.
1. Expansion Details
Dime has secured a lease for the former Signature Bank location at 185 Broadway in Williamsburg, owned by the Forman Family. This marks a strategic expansion of its local footprint in a high-traffic neighborhood.
2. Strategic Rationale
The lease underscores Dime’s commitment to relationship banking in Brooklyn, leveraging its $15 billion asset base and number one deposit market share on Greater Long Island to deepen ties with businesses and residents.
3. Opening Timeline and Services
The new branch is slated to open in the fourth quarter and will offer private and personalized banking services. Further details on branch size, staffing and service offerings will be disclosed in the coming months.
