The Dime Savings Bank of Williamsburgh Announces $50,000 Partnership to Support Southside United HDFC - Los Sures(R)

BROOKLYN, NY--(Marketwired - April 27, 2016) - The Dime Savings Bank of Williamsburgh ("Dime") announced today the continuation of a significant financial commitment to Southside United HDFC - Los Sures^®, providing $50,000 to help fund programs and efforts that will benefit the Williamsburg community.

"Last year, we announced that were deepening our relationship with Los Sures through a greater financial commitment," said Kenneth J. Mahon, Dime President and Chief Operating Officer. "Today we are continuing that commitment as part of our Legacy Sponsorship. Dime, as a Williamsburg native itself, is proud of the significant work performed by Ramon Peguero and the staff of Los Sures to maintain the diversity and vibrancy of this community. We are very pleased to be supporting them once again."

Los Sures, through its various departments, is devoted to assisting the community through free benefits enrollment, tax filing and food pantry services, empowering seniors, advocating for housing issues and preserving long-term affordability for residents.

"As a forward-thinking local business, Dime's renewed commitment will allow our mission to continue to strengthen our community," said Ramon Peguero, Executive Director, Southside United HDFC - Los Sures^®. "Their contribution to our organization will enable us to bridge the gaps in affordable housing, quality of life and ensures future opportunities."

About The Dime Savings Bank of Williamsburgh
The Dime Savings Bank of Williamsburgh, founded in 1864, is headquartered in the Williamsburg area of Brooklyn, New York, and is a wholly-owned subsidiary of Dime Community Bancshares, Inc. (NASDAQ: DCOM), a publicly-owned company. Dime has 25 branches located throughout Brooklyn, Queens, the Bronx and Nassau County, New York. For more information, go to www.dime.com.

About Southside United HDFC - Los Sures^®
Southside United HDFC - Los Sures^® is a community-based, non-profit organization that has served as an integral part in rebuilding North Brooklyn for over 40 years. Los Sures has undertaken large-scale rehabilitation of many buildings, allowing families and individuals to live comfortably and creating an aesthetically pleasing neighborhood. Additionally, the organization provides a multitude of much-needed services, including a senior center and a food pantry. For more information, go to www.southsideunitedhdfc.org.