Chief Executive Officer, President & Director, Dime Community Bancshares
Search every verified Stuart Lubow interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Stuart Lubow, president and CEO of Dime Community Bancshares, discussed the bank's transition from a "sleepy Thrift Savings Bank" to a "vibrant relationship Commercial Bank" since he joined in 2017. He stated that the bank received an "outstanding CRA rating" and that it grew deposits by $1.5 billion while other banks struggled, adding that Dime hired teams and built out lending teams to take advantage of the opportunity. Lubow said the bank is focused on building a diversified commercial business, including C&I and healthcare lending, moving beyond a monoline multifamily lending business. Lubow described community banking as "even more important than it's ever been" due to the dominance of large institutions, and said the key challenge is balancing regulation and service with shareholder profitability and customer satisfaction. He predicted more M&A in the industry, creating opportunities for Dime to serve customers displaced by recent bank mergers and failures. Lubow credited the bank's team and customers for its successholidays.
“I joined the bank in 2017 and my goal at that point and my responsibility was really to turn the bank into a vibrant relationship Commercial Bank. Prior to that Dime had been a kind of a sleepy Thrift Savings Bank and I joined the bank to turn it into a Commercial Bank with a new philosophy of relationship and Communit...”
“Community banking today is even more important than it's ever been. There are fewer Community Banks; the banking industry is now dominated by large institutions. We have local decision makers as opposed to someone underwriting a loan remotely, so we're really part of the community and try to service our customers as su...”
“We're really focused on building and continuing to build a commercial relationship business, our C&I business, our healthcare business, and diversifying away from just what was a monoline business of multifamily lending to having a full-service diversified Business Bank.”
“I think you're going to see more M&A and so you're going to see smaller banks getting bigger. There'll be more opportunity for Dime to service those customers that are displaced and disrupted here in the New York metropolitan area due to recent mergers and failures of local banks.”
Stuart Lubow, CEO of Dime Community Bank | CEOs You Should Know.
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