• Growth of the bank’s assets from $681M to over $1.2B
• Expansion of Dime’s market territory into greater Hartford and the surrounding area with the opening of new branches in Colchester, Glastonbury, Manchester and Vernon
• Consistent recognition by national ranking firms such as BauerFinancial and Forbes as one of the strongest banks in the nation
• Many consecutive record years of giving back to the local communities Dime serves through the bank & Dime Bank Foundation; in 2024, a total of nearly $500,000 was donated to over 180 organizations

In announcing his decision to retire later this year, Caplanson said, “It has been a genuine pleasure to lead a team of professionals that is dedicated to our customers and communities in a manner that goes far beyond banking. With a solid foundation in the markets we serve and a management team that should continue to prosper under Nick’s leadership, I am extremely confident that moving forward, we are positioned to build on our growth as a bank in new and exciting ways.”

Nick Statoulas began his banking career in 1996 and has spent nearly 30 years in community banking, previously working at Rockville Bank and United Bank before joining Dime. Prior to being named to his current role of Chief Operating Officer, he used his consumer banking expertise in the areas of developing innovative products and services and exceptional team-based customer service to help build Dime’s retail network, including the bank’s expansion into greater Hartford.   

“I am extremely excited and thankful for the opportunity that the Board of Directors has given me to lead this proud and long-standing organization,” said Statoulas. “Having spent my whole career in community banking, I know the value that a locally-based bank can have in helping communities thrive and am committed to making sure that we continue the Dime tradition of serving and giving back in this way under my direction.”

About Dime Bank

Established in 1869 and providing inspired community banking for 155 years, Dime Bank is a mutual bank with over $1 billion in assets and 14 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.

For more information, contact:

Bob Fraleigh
Chief Marketing Officer
P: 860.859.5941
E: [email protected]