Norwich, CT — 4/14/2021 12:00:00 AM —
Dime Bank recently hosted its 152nd Annual Meeting virtually from its corporate office at 290 Salem Turnpike in Norwich. In his annual State of the Bank presentation to Dime’s corporators, President and CEO Nick Caplanson highlighted a number of topics from the past year, including Dime’s business adaptations during the pandemic, the extension of the bank’s retail footprint into Greater Hartford and another year of strong financial performance.
“The past year was certainly unlike any other but we were fortunate to remain open every day and continue to serve our customers who were facing their own challenges during the pandemic,” said Nick Caplanson, President and CEO. “In fact, the restrictions we were forced to work under at times allowed us to find new and innovative ways to provide a more diverse menu of banking services and we are a better and stronger bank today for having had that experience.”
Despite the difficulties incurred during the last year, Dime was able to grow the bank’s footprint into greater Hartford with the opening of two new branches, one each in Glastonbury and Manchester. Both branches are performing well, highlighting the need for real community banking in that area of the State.
At the meeting, five new Corporators were elected to the bank, including Dr. Michael Capalbo D.M.D, President of Plum Dental Group, Muhammed Malloy, Senior Tax Associate at Cohn Reznick of Hartford, Thomas N. McAvoy, retired Senior Vice President of Trust and Investment Services at Dime Bank, Andrew D. Sawyer, Portfolio Manager and Co-Owner of Thames Financial Management in Norwich, and Dr. John Turick D.M.D, owner of Turick Family & Cosmetic Dentistry in Groton.
About Dime Bank
Established in 1869 and providing inspired community banking for over 150 years, Dime Bank is a mutual bank with over $1 billion in assets and 13 convenient branch locations throughout southeastern and greater Hartford, Connecticut and Westerly, Rhode Island. As a full-service financial institution, Dime offers consumer and commercial banking, home mortgages and trust services – all delivered with a personal touch. BauerFinancial, Inc., a national bank rating firm, recognizes Dime Bank, as one of the strongest banks in the nation. For more information about Dime Bank, visit https://dime-bank.com.
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