DOCSLIB.ORG

Turning up the Volume: Page 4 Brooklyn A’S Foreclosure Prevention Unit Expands Legal Services During Housing Crisis

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Turning up the Volume: Page 4 Brooklyn A’S Foreclosure Prevention Unit Expands Legal Services During Housing Crisis Brooklyn Legal Services Corporation A Spring 2009 Inside: Equal Justice for All page 2 Former HPD Commissioner Shaun Donovan and NYC Council Speaker Christine Quinn with BROOKLYN A Project Director and Chief Counsel Marty Needelman and A Tree Grows in Brooklyn Advisory Committee Member Terri Thomson and Bed Stuy Restoration Executive page 3 Director Corwin Grannum during a Foreclosure Prevention Press Conference. Photo credit: Mel Wright Mel Photo credit: Celebrating 40 Years! Turning Up The Volume: page 4 BROOKLYN A’s Foreclosure Prevention Unit Expands Legal Services During Housing Crisis Jason Portwood Hipp assisting Ms. Jones in negotiations to modify the mortgage to an affordable and sustainable Ms. Jones* is one of the lucky ones – if you amount. can consider losing equity of more than $150,000 a stroke of luck. Ms. Jones, a moth- Mr. Ramirez* had been attempting to modify er of four adopted children facing foreclo- the terms of his home loan prior to a referral sure, was offered a deal purporting to assist to BROOKLYN A by a housing counselor at a her with saving the deed to her home. After- local community organization. Mr. Ramirez Expanding CED in NYC wards, Ms. Jones learned the deal was offered had been stuck with a “balloon payment” page 6 by one of the many foreclosure rescue scam – a mortgage loan structured to pay small artists using the mortgage crisis as a business amounts of interest in the beginning before opportunity. Thinking she was signing docu- the complete payment is owed after a limited ments for financial assistance and a modified period of time. Mr. Ramirez had unsuccess- mortgage, she was actually the victim of a fully attempted to modify the loan, but the scam that transferred the property’s deed to monthly payments he was being offered were a third party. With the help of Brooklyn Le- far in excess of his means, particularly after gal Services Corporation A (BROOKLYN A)’s losing rental income. After he filed a pro se Anti-Predatory Lending/Foreclosure Preven- legal document drafted by BROOKLYN A for tion Unit, Ms. Jones filed a complaint against his foreclosure case, the bank offered him the phony buyer and the mortgage company a loan modification three weeks later with terms he could meet. this past summer, and by the Fall the deed was returned to her. Although this was an The successes achieved by Ms. Jones and unusually swift success, BROOKLYN A is still Mr. Ramirez come as a result of BROOK- See Foreclosure, Page 7 BUILDING COMMUNITIES * Names of clients have been altered to protect privacy. ENSURING OPPORTUNITY ACHIEVING JUSTICE Brooklyn Legal Services Corporation A, Equal Justice For All, President providing high-quality neighborhood-based civil legal services to low-income individuals and groups in North and East Brooklyn Obama, & “Brooklyn Planning” since 1968. Marty Needelman in the borough, and somehow that prede- BROOKLYN A Project Director & Chief Counsel termination has been made without any Project Director & Chief Counsel ecent years have been especially prob- description or detail of that “inadequacy” Martin S. Needelman Rlematic for programs attempting to nor any explanation how the “inadequacy,” however that might be defined, substan- General Counsel provide legal representation to low in- Paul J. Acinapura come people, the communities in which tially differs from everywhere else. Some they live, and the local groups who serve voices believe that the Brooklyn Planning Director, Administration & Finance Joshua D. Hoffman them. Lack of support for “legal services process is a pretext toward a more cen- for the poor” by the Bush and Pataki Ad- trally controlled decision making system Board of Directors ministrations and by the U.S. and state in lieu of the current decentralized and Valarie A. Hing, Chair coordinated system. James H.R. Windels, Vice-Chair senates reduced funding for Brooklyn Le- Harvey Lawrence, Treasurer gal Services Corporation A (BROOKLYN A) Indeed, Brooklyn has five programs, three Robert E. Crotty, Secretary Musa Abdul-Basser and programs like ours dramatically below ROOKLYN of these (B A, South Brooklyn Jane N. Barrett the levels going back over 15 years ago. Any Legal Services and Bedford-Stuyvesant Le- Mirta M. De Jesus honest analysis, would have to conclude gal Services) with separate Boards of Di- Matthew Fishbein that the oft articulated vision of our legal Harold Green rectors that reflect the community based Joseph Lipofsky system providing “Equal Justice for All,” services of those programs, and which Frances Lucerna that Americans take so much pride in, is maintain four neighborhood based offices Moronke Oshin-Martin - at best - self deception. However, recent (the other two Brooklyn programs are Anne Pilsbury changes at both the federal and state lev- Saul B. Shapiro LS-NYC Brooklyn Office and the Brook- Thomas McC. Souther els, particularly the election of President lyn Family Defense Project). Although Rev. Peter A. Mahoney, Emeritus Obama, should give all those of us who tru- Brooklyn is by far the largest borough by Arthur Bates, Emeritus ly care about the deficiencies in resources population (if independent, would be the Advisory Committee in the “legal services” world and otherwise 4th largest city in the US) and has the Honorary Co-Chairs in our system of justice, real reason for highest number of poor persons, the issue Barry H. Garfinkel hope of turning things around and moving Henry L. King transcends those logistics. Fundamentally, Robert MacCrate things in the right direction. That should the Brooklyn programs reflect a continu- Sargent Shriver be even more so, now that such big bucks ing commitment to the original, Sargent Haywood Burns 1940-1996 are being thrown around to “bail out” the Paul J. Curran 1933-2008 Shriver vision of a dynamic legal services Charles E. Inniss 1935-1997 US economy after its recent shocking col- program that both aggressively represents Hon. Harold R. Tyler, Jr. 1921-2005 lapse. We should have every hope that a families and individuals, and the commu- William A. Volckhausen 1937-2001 pittance of that (a couple of billion dollars nity organizations that serve them, all out Peter A. Cross, Co-Chair Gary S. Hattem Nelson Perez, Co-Chair Jean G. Leon or so at most) would go toward the fulfill- of neighborhood based, conveniently lo- ment of the dream and desperate need Alvin Adelman Frank J. Macchiarola cated and accessible offices. Henry P. Baer Kenneth J. Mahon for legal representation for low-income Maureen Bateman Rev. Peter A. Mahoney people. Yet, it is extremely disappointing I and many others believe that it is the Eileen Berkman Sam Marks and shocking that restoration and dra- right model, that that vision should be Carlos Cabrales William Mastro Evan A. Davis Jason Otano matically increased funding for these basic sustained, resurrected and expanded, and Brendan J. Dugan Vincent F. Pitta needs and goals of our democratic society that the recent trend to centralize and Thomas Early Mariadele Priest do not seem to be on the decision makers’ eliminate local offices and programs should Randy Estrada Patricia Ricketts Michael G. Flanigan Leslie B. Samuels current agenda! be reversed. Indeed it is our constant and Steven Flax Terri Thomson long-lasting presence in our neighbor- Caroline E. Forte Dean William Treanor Ironically, at this critical watershed mo- hoods which contributes to the strong Joseph E. Geoghan Grace Lyu Volckhausen ment in our history and for what should be Stephen L. Gordon Joseph Wayland relationship we have with the residents, the struggle for equal justice for all, leaders Michael Gugig community based organizations, social of the city wide legal services program (LS- service agencies and political representa- NYC) have decided to invest significant BROOKLYN A News tives in these communities. written and produced by BROOKLYN A staff, focus and human resources on “Brooklyn including Paul Acinapura, Josh Hoffman, Planning,” a process intended to evaluate At this crucial moment in the history of Rebecca Libed, Marty Needelman, and address the Brooklyn legal services the system of justice, it is time for both Jessica Rose, and Rick Wagner. Design by Tzvi S. Cohen delivery system. It has been concluded we and our society to put our priorities in that there is an “inadequacy of services” order! 2 BROOKLYN A News Spring 2009 BROOKLYN A Thanks Velázquez and Towns ROOKLYN A presented plaques to Congresswoman Ny- Bdia Velázquez and Assemblymember Darryl C. Towns for our deep appreciation for their extraordinary support for our program and for our clients, long term, low-income residents struggling to remain in their homes and in their neighborhoods. Both elected officials have been instrumental in our ability to provide neighborhood-based civil legal services to low-income individuals and families throughout North and East Brooklyn, and to the nonprofit organizations that serve those communi- Photo credit: Evelyn Cruz Evelyn Photo credit: ties. We thank them for their many years of support! Thomson Terri Photo credit: Award Presentation to Towns (left) and Velázquez (right) Welcome Aboard! andy Estrada has joined the BROOK- nomic Development (CED) Unit so we InMotion and SeedCo on RLYN A Advisory Committee. Randy is can continue to assist our clients develop various matters. He re- an Assistant Vice President at TD Bank and support their neighborhoods. ceived his JD from NYU and the Branch Manager of the Brook- School of Law and his BA lyn Heights Branch. He’s a veteran of the Starting in January 2009, Rafael Vasquez, from Yale. Prior to law banking industry having spent the past 15 an associate at the firm of Simpson school, he was a Jump- years at European Ameri- Thacher & Bartlett LLP joined the CED start Corps (Americorps) Rafael Vasquez can Bank, Independence Unit as a full time extern for a four month Headstart Teacher for a Community Bank, and rotation.
Load more

Recommended publications
  • Form 10-K Dime Community Bancshares, Inc
    UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-34096 DIME COMMUNITY BANCSHARES, INC. (Exact name of registrant as specified in its charter) NEW YORK 11-2934195 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 898 VETERANS MEMORIAL HIGHWAY, SUITE 560, HAUPPAUGE, NY 11788 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: 631-537-1000 Securities registered pursuant to Section 12(b) of the Act: Trading Symbol Name of each exchange on which registered DCOM The Nasdaq Stock Market, LLC DCOMP The Nasdaq Stock Market, LLC Securities registered pursuant to Section 12(g) of the Act: (Title of Class) None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ◻ No ☒ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.
    [Show full text]
  • DIME COMMUNITY BANCSHARES, INC. (NASDAQ: DCOM) Investor Presentation July 2018 Forward-Looking Statements
    DIME COMMUNITY BANCSHARES, INC. (NASDAQ: DCOM) Investor Presentation July 2018 Forward-Looking Statements This presentation contains a number of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These statements may be identified by use of words such as "anticipate," " become, " "believe," "continue," "could," "estimate," "expect," "intend," "increase, " "likely," "may," "outlook," "plan," "potential," "predict," "project," "should," "will," "would" and similar terms and phrases, including references to assumptions. Forward-looking statements are based upon various assumptions and analyses made by Dime Community Bancshares, Inc. (the "Holding Company," and together with its direct and indirect subsidiaries, the "Company") in light of management’s experience and its perception of historical trends, current conditions and expected future developments, as well as other factors it believes appropriate under the circumstances. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond the Company’s control) that could cause actual conditions or results to differ materially from those expressed or implied by such forward-looking statements. Accordingly, you should not place undue reliance on such statements. Factors that could affect our results include, without limitation, the following: • the timing and occurrence or non-occurrence
    [Show full text]
  • DIME COMMUNITY BANCSHARES, INC. (NASDAQ: DCOM) Investor Presentation November 2018 Forward-Looking Statements
    DIME COMMUNITY BANCSHARES, INC. (NASDAQ: DCOM) Investor Presentation November 2018 Forward-Looking Statements This presentation contains a number of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These statements may be identified by use of words such as "anticipate," " become, " "believe," "continue," "could," "estimate," "expect," "intend," "increase, " "likely," "may," "outlook," "plan," "potential," "predict," "project," "should," "will," "would" and similar terms and phrases, including references to assumptions. Forward-looking statements are based upon various assumptions and analyses made by Dime Community Bancshares, Inc. (the "Holding Company," and together with its direct and indirect subsidiaries, the "Company") in light of management’s experience and its perception of historical trends, current conditions and expected future developments, as well as other factors it believes appropriate under the circumstances. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond the Company’s control) that could cause actual conditions or results to differ materially from those expressed or implied by such forward-looking statements. Accordingly, you should not place undue reliance on such statements. Factors that could affect our results include, without limitation, the following: • the timing and occurrence
    [Show full text]
  • DIME COMMUNITY BANCSHARES, INC. (NASDAQ: DCOM) Investor Presentation July 2020 Forward-Looking Statements
    DIME COMMUNITY BANCSHARES, INC. (NASDAQ: DCOM) Investor Presentation July 2020 Forward-Looking Statements This presentation contains a number of forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These statements may be identified by use of words such as “annualized,” “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” and similar terms and phrases, including references to assumptions. Forward-looking statements are based upon various assumptions and analyses made by Dime Community Bancshares, Inc. together with its direct and indirect subsidiaries, the “Company”, in light of management’s experience and its perception of historical trends, current conditions and expected future developments, as well as other factors it believes appropriate under the circumstances. These include statements regarding the proposed merger of the Company with Bridge Bancorp, Inc. (the “Merger”). These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors (many of which are beyond the Company’s control) that could cause actual conditions or results to differ materially from those expressed or implied by such forward-looking statements. Accordingly, you should not place undue reliance on such statements. These factors include, without limitation,
    [Show full text]
  • Dime Community Bank Supports New Market Growth and Advances Digital Customer Experience with Fiserv
    November 2, 2017 Dime Community Bank Supports New Market Growth and Advances Digital Customer Experience with Fiserv New York area bank adopts modern core platform and leading-edge digital solutions to meet customer expectations for anytime, anywhere access BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ:FISV), a leading global provider of financial services technology solutions, announced today that Dime Community Bank, a $6.44 billion asset financial institution based in Brooklyn, New York, will accelerate its transformation to a robust community commercial bank model by moving to a modern, real-time core banking platform and integrated suite of digital banking solutions from Fiserv. The bank will utilize this technology to uniquely tailor services to the needs of business, retail and commercial customers as part of its ongoing expansion plans. Dime Community Bank has been among the leading commercial real estate multi-family lenders in New York, a business in which it has specialized for more than 50 years. In 2014, Dime started on a path to transform and re-energize the bank's business by adding branches, launching new digital channels and establishing new commercial lending services. "Upgrading our technology foundation is an essential step in differentiating in the competitive markets we serve," said Ken Mahon, president and CEO, Dime Community Bank. "Only Fiserv was able to provide the up-to-date core platform along with integrated solutions that enable us to be more efficient while delivering unique commercial, retail and digital experiences to our customers." Fiserv will provide Dime with integrated solutions that eliminate the need for staff to log into separate systems or manually gather data from independent information siloes, and strong business and cash management capabilities to serve an expanding commercial customer base.
    [Show full text]
  • CEIS Review Visual Presentation
    CEIS Review, Inc. Consulting Services to the Financial Community Loan Review Programs Loan Loss Reserve General & Specialized ALLL Methodology Validation Acquisition Due Diligence ALLL Methodology Refinement Portfolio Stress Testing & Credit Process & Concentration Analysis Procedures Reviews CRE & C&I Adherence to Regulatory & Impairment Analysis Industry Best Practices Management & Administration Management Office Joseph J. Hill, Chairman, President, CEO [email protected] Elaine M. Cottrell, Managing Principal, COO [email protected] Elizabeth Williams, Managing Director, Special Projects [email protected] Justin J. Hill, Managing Director, Marketing & Administration [email protected] Matthew Tuck, Managing Director, Senior Editor [email protected] Gary Dycus, Executive Consultant, Senior Response Editor [email protected] Segment Review Managers / Specialists John P. Macukas, Managing Director, Structured Finance Review [email protected] Santiago Morera, Managing Director, International Review [email protected] Caridad Errazquin, Managing Director, Editor [email protected] Paul H. Gottwald, Director, Real Estate Review [email protected] Dean Giglio, Managing Director, Stress Testing [email protected] David Vest, Managing Director, Stress Testing [email protected] Administration & Analysis Christopher Fredericks, Director, Chief Analyst & LR Administrator [email protected] Kimberly Phillips, Marketing & Administrative Assistant [email protected] Monika Sinkiewicz,
    [Show full text]
  • Dime Community Bank Named Official Retail and Commercial Bank of the New York Islanders and UBS Arena
    May 17, 2021 Contact: Julie Levy (631) 537-1000, ext. 7211 [email protected] Jay Beberman 609-947-0358 [email protected] Dime Community Bank Named Official Retail and Commercial Bank of the New York Islanders and UBS Arena [HAUPPAUGE, NY] – Dime Community Bank announced today that it has reached an agreement to become the official retail and commercial bank of the New York Islanders and the new UBS Arena at Belmont Park, the New York metropolitan area’s most anticipated new live entertainment venue. Dime has also been named a founding partner of UBS Arena, the cutting edge live entertainment and sports venue, scheduled to open in the fall. Dime has become one of Greater Long Island’s largest community banks since its merger earlier this year with BNB Bank. Dime has $13 billion in assets and more than 60 branches from Montauk to Manhattan. The partnership with UBS Arena gives the Bank a high profile foothold at a location central to its New York City / Long Island network. UBS Arena is a $1.1 billion multi-purpose arena under construction and development adjacent to the Belmont Park racetrack. The world class entertainment venue, with its timeless and classic design, will bridge its iconic past with today’s advanced technology and amenities. In addition to being the new home to the famed New York Islanders Hockey Club, UBS Arena is one of the few venues in the world designed with a sharp focus on music and will create one of the best and most special experiences for both artists and audiences.
    [Show full text]
  • Annual Report
    THEN NOW 2018 ANNUAL REPORT The mission of Helen Keller Services (HKS) is to enable individuals who are blind, visually-impaired, deaf-blind or have combined hearing-vision loss to live, work and thrive in the communities of their choice. HKS offers services and programs through two divisions: Helen Keller National Center for Deaf-Blind Youths and Adults (HKNC) and Helen Keller Services for the Blind (HKSB). Helen Keller National Center for Deaf-Blind Youths and Adults is the only comprehensive national program that provides information, referral, support and training exclusively to youths and adults who have a combined vision and hearing loss, their families and the professionals who work with them. Helen Keller Services for the Blind is a comprehensive rehabilitation program serving individuals of all ages who are blind or visually impaired and who may have additional disabilities, living in the New York metropolitan area. Children’s Learning Center graduation ceremony. 1 Table of Contents President’s Letter ..............................................................................2 HKNC and HKSB’s Reach ..............................................................4 Timeline: Celebrating 125 Years ...................................................6 125 Years: Brooklyn All The Way ............................................. 10 HKNC ............................................................................................... 12 2 HKSB ...............................................................................................
    [Show full text]
  • New York District Office Resource Guide
    METRO NEW YORK EDITION 2020 Small Business resource guide START GROW EXPAND YOUR BUSINESS 1 2 CONTENTS New York City Edition 2020 Local Business Funding Assistance Programs 8 National Success Story 26 National Success Story Jerado and Joyce Reynolds Jennifer and Jeff Herbert’s know their local landscape for meadery has expanded into a entrepreneurship support. multimillion dollar enterprise thanks to SBA assistance. 11 Local SBA Resource Partners 29 SBA Lenders 13 Your Advocates 33 Need Financing? 14 How to Start a Business 34 Go Global with International Trade 18 Workforce Recruitment 36 R&D Opportunities for 19 Emerging Leaders High Growth Startups 21 Opportunities for Veterans 38 National Success Story Cheeseburger Baby owner Write Your Business Plan 22 Stephanie Vitori persevered through a financial storm and a 25 Entrepreneurial Resources natural disaster. 42 Surety Bonds Contracting 44 National Success Story Jennifer Rahn steers the course for Admiral Engineering, succeeding as a small business subcontractor. 48 SBA Certification Programs 49 Woman-Owned Small Business certification ON THE COVER Gia Giasullo and Peter Freeman, courtesy of Brooklyn Farmacy & Soda Fountain; Dr. Mandë Holford, left, Jessica Ochoa Hendrix, courtesy of the SBA; Stephanie and Gabrie Vitori, courtesy of the SBA; Dawn Kelly, courtesy of the SBA 3 U.S. SMALL BUSINESS ADMINISTRATION A MESSAGE FROM THE ADMINISTRATOR t is my honor to serve as Administrator among entrepreneurs in disadvantaged of the U.S. Small Business communities, and continuing to prioritize Administration, leading a dedicated disaster relief. team of talented individuals across Within this resource guide, you will learn IAmerica who are focused on helping more about the tremendous tools the SBA entrepreneurs start, grow, and expand provides small businesses through our 68 their small businesses.
    [Show full text]
  • Creating the Best Business Bank in New York from Montauk to Manhattan BRIDGE BANCORP, INC
    July 1, 2020 Creating The Best Business Bank in New York From Montauk to Manhattan BRIDGE BANCORP, INC. Disclaimers Cautionary Note Regarding Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about (i) the benefits of a merger (the “Merger”) between Bridge Bancorp, Inc. (“Bridge”) and Dime Community Bancshares, Inc. (“Dime”), including future financial and operating results, cost savings, enhancements to revenue and accretion to reported earnings that may be realized from the Merger; (ii) Bridge’s and Dime’s plans, objectives, expectations and intentions and other statements contained in this presentation that are not historical facts; and (iii) other statements identified by words such as "may", "assumes", "approximately", "will", "expects", “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “targets”, “projects”, or words of similar meaning generally intended to identify forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of the respective management of Bridge and Dime and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the control of Bridge and Dime. In addition, these forward-looking statements are subject to various risks, uncertainties and assumptions with respect to future business strategies and decisions that are subject to change and difficult to predict with regard to timing, extent, likelihood and degree of occurrence. As a result, actual results may differ materially from the anticipated results discussed in these forward-looking statements because of possible uncertainties.
    [Show full text]
  • Community Reinvestment Act Performance Evaluation
    NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES FINANCIAL FRAUDS AND CONSUMER PROTECTION DIVISION One State Street New York, NY 10004 PUBLIC SUMMARY COMMUNITY REINVESTMENT ACT PERFORMANCE EVALUATION Date of Evaluation: June 30, 2017 Institution: Dime Community Bank 300 Cadman Plaza West, 8th Floor Brooklyn, NY 11201 Note: This evaluation is not an assessment of the financial condition of this institution. The rating assigned does not represent an analysis, conclusion or opinion of the New York State Department of Financial Services concerning the safety and soundness of this financial institution. TABLE OF CONTENTS Section General Information ......................................................................... 1 Overview of Institution’s Performance .............................................. 2 Performance Context ........................................................................ 3 Institution Profile Assessment Area Demographic & Economic Data Community Information Performance Tests and Assessment Factors .................................. 4 Lending Test Investment Test Service Test Additional Factors Glossary ........................................................................................... 5 GENERAL INFORMATION This document is an evaluation of the Community Reinvestment Act (“CRA”) performance of Dime Community Bank (“Dime” or the “Bank”) prepared by the New York State Department of Financial Services (“DFS” or the “Department”). This evaluation represents the Department’s current assessment and rating of the
    [Show full text]
  • Long Island Resilient in Grip of Unprecedented Pandemic
    LIBN.COM VOLUME 67 NUMBER 51 ■ LIBN.COM Part of the network DECEMBER 25-31, 2020 ■ $2.00 Photo by Judy Walker Northwell Health team members Jami Benavides, RN, and Shan Malik, MD are on the front line of the fight against COVID-19. CRISIS 2020 Long Island resilient in grip of unprecedented pandemic The year in review ›› pages 4-19 2 I LONG ISLAND BUSINESS NEWS I December 25-31, 2020 I LIBN.COM TO OUR HEALTHCARE HEROES THANKFrom everyone here at Aboff’s Paints, we want to thank youYOU for all of your hard work, bravery, and dedication over the past few months during this COVID-19 pandemic and always. You are our true heroes! BRING YOUR I.D. BADGE TO ANY ABOFF’S LOCATION AND RECEIVE: * 20% Off BENJAMIN MOORE PAINTS *20% off List Price. Excluding Aura. www.aboffs.com LONG ISLAND’S #1 BENJAMIN MOORE RETAILER Aboff’s has been helping Long Islanders paint their homes and businesses for over 90 years. Let our staff of experienced paint experts help you with your next project. LONG ISLAND BUSINESS NEWS I December 25-31, 2020 I LIBN.COM I 3 NEWSMAKERSOFTHEYEAR EVERYWEEK LIBN EVENTS Real Estate 1B Public/Legal Notices 4 GOING VIRAL 23 Classifieds Law & Government 10 HELP WANTED Finance/Accounting 14 BANKING ON RECOVERY SEE THE 2021 EVENT LINEUP AT LIBN.COM/EVENTSDIRECTORY Healthcare Events Long Island Business News hosts an array of 17 THE WAR ON COVID award programs, panel discussions, educational forums and more throughout the year. To view the full event lineup, nom- inate, and register to attend at libn.com/eventsdirectory.
    [Show full text]