The Dime Bank celebrates employee graduations The Dime Bank is proud to recognize five of its dedicated employees for graduating from the Pennsylvania Bankers Association’s Schools of Banking, a significant achievement that highlights their commitment to professional growth and excellence in the banking industry. Gary Schemel II, Amanda Abbruzzi, and Cora-Ann Grossman have successfully completed the Advanced School of Banking, a comprehensive three-year leadership development program designed to prepare banking professionals for management and leadership roles within the financial services industry. Through a curriculum focused on financial services knowledge, leadership development, and strategic thinking, participants gain a deeper understanding of the many disciplines within banking and how they work together to drive organizational success. Caitlin Babyak and Madison Irish completed the PA Bankers School of Banking, a comprehensive one-year program designed to provide a strong foundation in core banking principles. “We are incredibly proud of our team members for their hard work and commitment to professional development,” said President and Chief Executive Officer Peter Bochnovich. “Completing these rigorous programs demonstrates their dedication to advancing their careers and strengthening the future of The Dime Bank. Their achievements reflect both their individual talents and the bank’s ongoing investment in building the next generation of leaders.” Schemel II has served the banking industry for 12 years. As vice president, BSA/fraud officer, he leads the bank’s programs to stop financial crime and manage risk related to fraud. He oversees compliance with anti-money laundering laws and directs fraud prevention strategies. His daily focus centers on monitoring transactions, investigating suspicious activities, and ensuring strict adherence to complex federal guidelines. Additionally, he designs comprehensive risk-mitigation policies and delivers essential training to safeguard both the institution and our customers from emerging threats. Abbruzzi has served the banking industry for eight years. As training manager, she oversees employee training programs, coordinates the bank’s training curriculum, monitors employee progress, and helps ensure completion of required learning and compliance initiatives. She works closely with departments to support employee development and foster a culture of continuous learning. Throughout her career, Abbruzzi has built experience in training and professional development, helping team members gain the knowledge and skills needed to succeed in their roles. Grossman has served the banking industry for seven years, joining The Dime Bank as universal banker in 2022 and recently promoted to branch manager II. She manages branch operations, leads her team, and helps customers achieve their financial goals. Known for her dedication to customer service and team development, she is committed to creating a positive banking experience for every customer. Babyak has five years of experience in the banking industry and currently serves as HR & training generalist I. She supports the bank’s recruitment efforts by sourcing and screening candidates for open positions, manages administrative responsibilities, and assists the training department with onboarding and training new hires. Prior to transitioning into her current role, she assisted customers with their everyday banking needs and provided exceptional service while building strong customer relationships. Irish has been in the banking industry for three years. As the insurance/escrow representative, she is dedicated to providing accurate, timely support to both customers and colleagues. Irish maintains and analyzes escrow accounts, assists borrowers and peers with escrow inquiries, and performs general loan operations functions.
The Dime Bank names 2026 scholarship recipients The Dime Bank has awarded scholarships to six students from local school districts in honor of their academic achievements and leadership potential. This year’s recipients are Genevieve Neenan from Wallenpaupack attending Syracuse University, Timothy Jason from Delaware Valley attending Penn State, Mia Tallo from West Scranton attending Penn State, Megan Hartman from Scranton attending Penn State, Trevor Dressler from Wayne Highlands attending Shippensburg University, and Simon Kowalchuk-Swartz from Wayne Highlands attending Queen’s University in Kingston. To qualify for the scholarship, students have to be pursuing higher education in business, economics, finance, management or accounting. Each graduating senior received a $1,000 scholarship to support their continued education. You can learn more information about The Dime Bank’s scholarship program at www.thedime.bank/scholarship.
The Dime Bank Announces Student Winners Of The Personal Finance Lab The Dime Bank brought the Personal Finance Lab to local schools through Brighter Financial Futures, a nonprofit organization focused on improving students’ financial literacy. The innovative program is designed to build real-world money management skills through hands-on investing and budgeting experiences. The Personal Finance Lab provides a well-rounded educational approach that includes: A comprehensive curriculum covering essential financial and business topics A realistic stock market simulation that introduces students to investing fundamentals An interactive budgeting game that teaches key concepts such as credit, net worth, and overall financial health The first-place winners of the Stock Market Challenge are Evan Guccini of the Wallenpaupack Area School District (High School Division) and James Stiles of the Wayne Highlands School District (Middle School Division). They each received a Chromebook, a gift card, and The Dime Bank gift basket. Moreover, the top three students from each school and grade were awarded gift certificates. Additional winners for the stock market challenge are Case Newman, Carter Molusky, Matthew Fite, Sam Kiesendahl, Gavin Miller, Jake Seltzer, Catherine Karpis, Waverly Van Aalsburg, Gabriel Hieber, Mason Zoccola, and Hailie-Jade Miller. Winners in the budgeting category are Natalie Brown, Adam Musser, Hunter Haupert-Keill, Meghan Dowling, Odilia Dyer, Brayden Gawron, Andrew Dos Anjos, Sophie Rosencrance, Honour Davis, and Natalie Brown. Congratulations to all the students who took part in these valuable learning opportunities! President and Chief Executive Officer Peter Bochnovich commented, “The Dime Bank is proud to support efforts that educate and empower our students with essential financial knowledge. By helping young people build strong personal finance skills today, we are giving them the tools and confidence they need to make informed decisions and succeed in the future.”
The Dime Bank Celebrates Employee Anniversaries Showing its ongoing commitment to recognizing employee dedication, The Dime Bank hosted its annual service awards dinner to celebrate team members reaching milestone anniversaries. This year’s event honored 25 employees, representing an impressive range of tenures, from 35 years of service to five. This yearly tradition reflects The Dime Bank’s strong culture of appreciation, offering a meaningful way to acknowledge the hard work, loyalty, and contributions of its staff. The celebration highlights not only individual achievements but also the enduring commitment that drives the organization forward. President and Chief Executive Officer Peter Bochnovich commented, “The Dime Bank team is at the core of what sets our bank apart and helps create its welcoming culture. Employees’ commitment, integrity, and dedication drive the high level of service we provide, and every individual contributes meaningfully to the bank’s ongoing success. The Dime Bank sincerely recognizes and appreciates their hard work and continued loyalty.”
The Dime Bank Announces First Quarter 2026 Earnings Dimeco, Inc. (OTCQX: DIMC), the holding company for The Dime Bank, reported unaudited results for the first quarter of 2026. For the three months ending March 31, 2026, Dimeco recorded net income of $4.8 million, up 48.7% or $1.6 million from the same period last year. Net income at this level resulted in a return on average assets of 1.68% and a return on average equity of 14.96%, an increase of 42.4% and 25.9%, respectively, over the first quarter of 2025. On March 31, 2026, total assets were $1.1 billion, an increase of $40.2 million over March 31, 2025. During this same period, total loans increased by $61.6 million to $845.6 million, a growth rate of 7.9%. Deposits were $981.3 million on March 31, 2026, $47.3 million or 5.1% greater than the previous year. Maintaining a strong capital position, stockholders’ equity was $127.8 million on March 31, 2026, growth of $16.9 million over balances a year earlier. Dividends reflected a 7.1% increase, amounting to $.45 per share for the period ended March 31, 2026. President and Chief Executive Officer Peter Bochnovich stated, “I am pleased to present the results of Dimeco, Inc. for the first quarter of 2026. The year began on a strong note, with continued growth in both loans and deposits strengthening our overall financial performance. As the year progresses, I remain optimistic about the opportunities ahead, as management continues to pursue disciplined strategies to strengthen the balance sheet and enhance the Company’s solid performance. As always, we thank our shareholders and customers for their continued support and commitment.”
Dime Bank: Dimeco, Inc. Declares Increased Cash Dividend On December 18, 2025, the Board of Directors of Dimeco, Inc. (OTCQX: DIMC) declared a dividend of $0.45 per share. This dividend is an increase of $0.03 from the dividend declared in September 2025, bringing dividends to $1.71 per share, or $.09 greater than dividends declared in 2024. Dividends are payable to shareholders of record on December 31, 2025. The dividends will be paid on January 29, 2026, the anticipated date to release earnings for the year ended December 31, 2025. President and Chief Executive Officer Peter Bochnovich commented, “This dividend increase underscores our commitment to delivering excellent returns and maximizing the value of shareholder investment. Our sincere thanks go out to both our shareholders and customers for their unwavering support. Wishing everyone a prosperous and successful 2026.”
Dime Bank and Employees Donate to Local Food Pantries The Dime Bank recently donated a combined total of $4,500.00 to three local food pantries: Scranton Area Community Foundation, The Greater Pike Community Foundation, and the Wayne County Food Pantry. In addition, employees of The Dime Bank organized their own concurrent food drive, collecting non-perishable items with a total estimated value over $1,000.00, demonstrating their generosity and commitment to helping people in their time of need. Pictured: The Dime Bank employees Rory McGhie, Joanne Rosol, Deborah Unflat, Travis Head. These donations are intended to support the food pantries’ ongoing efforts within Wayne, Pike, and Lackawanna counties. The Dime Bank is dedicated to giving back to the communities that it serves. Senior Vice President Chief Financial Officer Jeffrey J. Roche stated, “We are proud to support the vital work these organizations do every day. The fight against hunger is a community effort, and we hope these contributions will make a difference for our neighbors in need. We are also incredibly proud of our employees for stepping up with their own generous donations.”
UNC to Host Ribbon Cutting Ceremony for New CEDAR Center United Neighborhood Centers of Northeastern Pennsylvania (UNC) will host a ribbon cutting ceremony for its new CEDAR (Community Education, Development, And Revitalization) Center on Friday, August 8, 2025, at 11:00 a.m. at 526 Cedar Avenue in South Scranton. All media outlets and public officials are invited to attend. UNC officially moved into the CEDAR Center on June 23, 2025, marking a major milestone in the organization’s 100+ year history. The CEDAR Center now serves as UNC’s regional hub for adult education, workforce development, and a range of community-based programs. Speakers at the event will include Senator Marty Flynn, Lackawanna County Commissioner Bill Gaughan, Mayor of Scranton Paige Cognetti, Lisa Durkin, UNC President and CEO, and Dr. Kellyn Williams, UNC Board Member. The building, a former branch of the South Side Bank & Trust Company, was generously donated by Peoples Security Bank in 2014. Construction began in April 2024, transforming the space into a welcoming and accessible facility designed to meet the growing needs of the community. UNC extends sincere thanks to the many funding partners who helped bring the project to life, including Senator Robert P. Casey Jr., Peoples Security Bank, the Commonwealth of Pennsylvania (RACP), the PA Department of Community and Economic Development (Keystone Communities, Local Share Account, and Neighborhood Partnership Program), Pennsylvania Broadband Development Authority, Lackawanna County, the City of Scranton, the Oppenheim Foundation, PNC Bank, PPL Electric Utilities, and The Dime Bank. We’d additionally like to thank Project Architect Ralph J. Melone, AIA, and General Contractor Robert Bamford of Mar-Paul Construction Co., Inc. The ribbon cutting will celebrate the opening of this vital new space and UNC’s continued commitment to serving individuals and families across Northeastern Pennsylvania.
The Dime Bank Employees Graduate from School of Banking The Dime Bank is proud to announce that five of its dedicated employees have successfully graduated from the Pennsylvania Bankers Association’s Schools of Banking, marking a significant milestone in their professional development and commitment to excellence in the banking industry. Kelsey M. Harrison, Jennifer A. Tagle, and Amy M. Caggiano graduated from the PA Bankers Advanced School of Banking, an intensive, three-year program that prepares rising leaders for management positions in the financial services industry. This achievement reflects their dedication to advancing their expertise and contributing to the continued success of The Dime Bank. In addition, Hannah A. Chase and Austin M. Millon completed the PA Bankers School of Banking, a comprehensive one-year program designed to provide a strong foundation in core banking principles. Millon graduated with honors, a distinction awarded to students who demonstrate exceptional academic performance and leadership throughout the program. “We are incredibly proud of our team members for their hard work and commitment to professional growth,” said President and Chief Executive Officer Peter Bochnovich. “Their accomplishments reflect not only their individual talents but also our bank’s ongoing investment in developing future leaders in banking.” The PA Bankers Association’s Schools of Banking are recognized statewide for their rigorous curriculum and emphasis on real-world application, leadership, and innovation in financial services.
The Dime Bank Promotes Jeremy J. Patten to Vice President We are pleased to announce the promotion of Jeremy J. Patten to Vice President, Investment Advisor Representative, AIF, a registered representative with The Dime Wealth Management, located at The Dime Bank. Patten joined The Dime Wealth Management in May 2016 as an investment advisor representative. Within a few short years he was promoted to assistant vice president, and now, vice president. Patten brings over 20 years of management and outstanding client financial services experience to The Dime Wealth Management team. He graduated from John Jay College of Criminal Justice where he earned a Bachelor of Science degree and is native to Honesdale having graduated from Honesdale High School. Patten has been in the financial services industry for over 16 years providing investment strategies for clients by accurately assessing client’s present and future needs. He holds a Series 6,7 66,63, SIE registrations, Life, Accident, and Health Insurance License and the AIF designation as awarded by FI360. Patten is the treasurer of the Honesdale Masonic Hall Association and says, “Life is what you make of it!” In recognition of Jeremy’s unwavering commitment to integrity, strategic insight, and client success, we are pleased to announce his promotion to vice president. His leadership as an Investment Advisor Representative has deepened the trust our clients place in us. This promotion reflects both past excellence and our confidence in his future impact.
