The Dime Bank is Named Top Commercial Lender
The Dime Bank was recently recognized by the Independent Community Bankers of America (ICBA) as one of the nation's top commercial lenders. The announcement, made in the July issue of Independent Banker, ranked The Dime Bank as number 15 out of the top 75 community banks with $500 million to $1 billion in assets, on its list of the nation’s top commercial loan-producing lenders.
Community banks are an integral part of our nation’s economy. Successful community banks, like The Dime Bank, safely turn customer’s deposits into productive loans. Supporting local businesses in this way invests in our community and helps our region thrive.
ICBA President and Chief Executive Officer Camden Fine stated, “This recognition distinguishes The Dime Bank as one of the top 75 community banks nationwide. They have an impressive record of success in granting commercial loans and supporting their community’s commercial enterprises. I commend them on this notable achievement and thank them for their unwavering dedication to this great industry.”
The Dime Bank President and Chief Executive Officer Gary C. Beilman enthused, "We believe the personal attention and dedication we provide to our customers makes a difference to them and fosters a stronger financial relationship. The Dime Bank is honored to be nationally recognized and known for our positive and successful lending relationships with local businesses. We understand each business faces unique challenges and our trusted, experienced lenders take the time to get to know our customers and their industry. We are here and ready to help our friends and neighbors with solutions tailored to their specific needs. The ICBA used the loans-to-assets ratio from the 2015 call data report to determine the rankings and the ICBA member community banks needed a Kroll Bond Rating Agency rating of their financial condition of C or higher. The fact that we were listed in the top 15 of our asset class proves that our numbers are testimony to our hallmark of providing trusted, dependable banking to our communities. We invite local businesses and individuals to contact us to see how we may assist them.”
As an independent community bank, The Dime Bank has been helping customers meet their financial needs since 1905. Serving its primary market of Northeast Pennsylvania, the bank offers a full array of financial services and solutions. Community banking yields community benefits. For more information on The Dime Bank, visit www.thedimebank.com. NMLS# 431592. Member FDIC. Equal Housing Lender.
Source: The Dime Bank / August 22, 2016 / Deborah Unflat