Dime Hires Flagstar Bank Executive to Expand Orthodox Jewish Market Footprint
Event summary
- Meyer Eichler joins Dime as Executive Vice President, Managing Executive Director on April 15, 2026.
- Eichler will focus on expanding Dime’s presence in Orthodox Jewish communities across Manhattan, Brooklyn, and Lakewood, NJ.
- Cora Licht, a longtime colleague of Eichler, appointed as Managing Director, Senior Vice President at Dime.
- Dime has approximately $15 billion in assets and leads deposit market share on Greater Long Island.
The big picture
Dime’s hiring of Meyer Eichler underscores a strategic push to deepen relationships within the Orthodox Jewish community, a move that could enhance its market share in key geographic sectors. The appointment reflects broader industry trends where regional banks are focusing on niche communities to drive growth and differentiate themselves from larger competitors.
What we're watching
- Market Penetration
- How effectively Eichler can leverage his network to grow Dime’s deposit franchise and commercial banking sectors within Orthodox Jewish communities.
- Strategic Alignment
- Whether Dime’s vision for growth aligns with Eichler’s experience in community markets, particularly in healthcare, real estate, and education sectors.
- Execution Risk
- The pace at which Dime can integrate Eichler’s team and expand its footprint without disrupting existing operations.
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