Hartford Business Journal

28 HARTFORDBUSINESS.COM | DECEMBER 15, 2025 bury, CT, becoming only the 14th Presi- dent in the history of Dime Bank. Mr. Statoulas replaces Nick Caplan- son, who earlier this year, announced his plans to retire as Dime's President, on October 1, and Chief Executive Officer, effective December 31, 2025; upon his departure at the end of the year, the CEO role will also be as- sumed by Mr. Statoulas. Nick Caplanson has successfully led Dime in the dual roles of President and CEO since 2011; he will retain his role of Chairman of the Board of Directors, beginning January 1. Over his 14-year tenure as President and CEO, the bank has realized signifi- cant growth and recognition, including: • Growth of the bank's assets from $681M to over $1.2B • Expansion of Dime's market terri- tory into greater Hartford and the surrounding area with the opening of new branches in Colchester, Glaston- bury, Manchester and Vernon • Many consecutive record years of giving back to the local communities Dime serves through the bank & Dime Bank Foundation; in 2024, a total of nearly $500,000 was donated to over 180 organizations Mr. Statoulas has spent nearly thir- ty-five years in community banking, previously working at Rockville Bank and United Bank before joining Dime in 2018. Most recently, he served as At Dime Bank, Times Change, Values Don't S trong and economically vi- brant communities are often one and the same. In order for a community to grow and thrive, successful local business need to be a driver for that growth. Today, and over the course of history, Dime Bank has helped numerous local businesses provide goods and services, employ local residents, and give back in many different ways. Since our founding back in 1869 to present day, Dime has provided loans, credit and other funding to many local companies and organi- zations across all of CT and beyond. From the railroads, local towns and school districts of yesteryear to the healthcare facilities, manufacturers and local business expansions of today, Dime has been there. In order to continue to succeed today, businesses of all sizes must be able to meet the evolving needs of their cus- tomers and communities; those that are able to adapt usually continue to thrive while others may no longer have the capacity to meet the shifting landscape they face. Dime is a perfect example of this. As times and the needs of local busi- nesses change, Dime's ability to meet the needs of our local economies has progressed as well. A core reason for the success Dime has had in helping local business owners through changing times is the con- sistency of our own leadership at the bank; in our 155+ year history, Dime has had only 13 previous presidents. With an announcement issued on Oc- tober 1, 2025, a new chapter has begun with Nicholas J. Statoulas, of Glaston- Dime's Executive Vice President & Chief Operating Officer. Prior to being named Chief Operating Officer, he led Dime's retail network, including the bank's expansion into greater Hartford. Upon the news that he would be the next president at Dime, he has often been asked what changes can be ex- pected at Dime, but he prefers to an- swer the question in a different light. "Dime Bank has been a respected in- stitution in our local communities and beyond since 1869," said Mr. Statou- las. "People want to talk about what changes may be coming but I would rather share what won't be changing. Our mission has always been to offer financial services with a focus on exceptional customer service and that will not change, nor will our steadfast commitment to always support and give back to our customers, local busi- ness owners and communities where we work and live. It's why we've con- sistently said throughout our history, "times change, values don't." About Dime Bank: • Established in 1869 • 14 branch locations throughout south- eastern and greater Hartford, Con- necticut and Westerly, Rhode Island • Over $1 billion in assets • Offers consumer and commercial banking, commercial lending, home mortgages and a full menu of wealth management and trust services • https://dime-bank.com. Dime Bank CEO Nick Caplanson (left) with newly named President Nicholas J. Statoulas. SPONSORED CONTENT

• Cover