The $13 billion-asset
company said in a press release Tuesday that it will close three branches in
Brooklyn and one each in Southampton and Wading River.
“We regularly review our distribution channels
and these combinations are part of our ongoing efforts to improve the
efficiency of our branch network,” Kevin O’Connor, Dime’s CEO, said in the
release.
“Each location will be combined into a nearby
branch, thereby minimizing customer disruption and allowing us to continue to
serve our customers’ needs,” he added.
The announcement comes a day after Dime said it
had sold $585 million of Paycheck Protection Loans.
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