The Dime Bank announces promotion of Riley P. Terysen to Assistant Vice President. Members news. October 30, 2026 The Dime Bank is pleased to announce the promotion of Riley P. Terysen to Assistant Vice President, IT Applications Analyst. Terysen joined The Dime Bank in May 2016 and has built a distinguished career over the past decade through dedication, leadership, and a commitment to serving both customers and colleagues. In his new role, he serves as the technical liaison for technology initiatives supporting The Dime Bank's retail, Customer eXperience Center (CXC), human resources and training departments. He partners closely with each business unit to identify and address business and technology needs, improve processes and implement technology solutions that enhance operational efficiency and customer experience. Prior to his promotion, Terysen served as IT applications analyst, where he was responsible for supporting technology initiatives across various departments. His work has helped strengthen collaboration between business units and technology teams while advancing strategic operational goals. Before transitioning to the information technology department, Terysen progressed through several retail banking positions at The Dime Bank, including teller, customer service representative, assistant branch manager and branch manager. In these roles, he delivered exceptional customer service while overseeing branch operations and leading the growth, development and performance of staff members. Senior Vice President Chief Technology Officer Ferdinand Feola stated, "We are absolutely excited to have Riley advance to AVP within our information technology team as an applications analyst. His ability to hit the ground running, having a different perspective of our core banking software and translating his frontline banking experience into meaningful core banking and application software support has already made a significant impact to our team. The Dime Bank congratulates Riley on this well-deserved promotion and looks forward to his continued contributions to The Dime Bank's success, innovation and service excellence." Terysen has ten years of banking experience, all with The Dime Bank. He is a graduate of the Pennsylvania Bankers Association Advanced School of Banking. He also holds a Bachelor of Science in Business Management and an Associate Degree in Applied Science in Accounting, both from Lackawanna College. Active in the community, Terysen is a member of the Honesdale Area Jaycees and Freedom Lodge #88 IOOF. Reflecting on leadership and professional growth, Terysen shares a favorite quote by John C. Maxwell: "A leader is one who knows the way, goes the way, and shows the way."

Dimeco, Inc., the holding company for The Dime Bank in Honesdale, Pennsylvania, has completed a $25 million private placement of fixed-to-floating rate subordinated notes due 2036. The notes qualify as Tier 2 capital under bank regulatory guidelines. Dimeco plans to use the proceeds for general corporate purposes. It may redeem the notes, in whole or in part, on any interest payment date on or after October 23, 2031. It can also redeem them in whole at any time if it meets certain other requirements. Performance Trust Capital Partners acted as sole placement agent, advised by Luse Gorman. Stevens & Lee advised Dimeco. Founded in 1905, The Dime Bank has $1.3 billion in total assets and nine full-service offices in Wayne, Pike, and Lackawanna counties.