The Dime Savings Bank also said yesterday that it had stopped advertising.
The new entity will be known as Dime Savings Bank.
Dime Savings Bank posted a loss and suspended dividends on its common stock.
Before that, he had headed the Dime Savings Bank since joining it in 1988.
His only previous experience as a chief executive was turning around the Dime Savings Bank after it fell into regulatory trouble.
Then he heard about the city's new subsidized rehab loan program with the Dime Savings Bank.
The Dime Savings Bank is to supply permanent mortgages to the buyers at market rates.
Dime Savings Bank wants to sublet 5,500 square feet on 54th Street.
He pulled Dime Savings Bank from the brink in 1990 - and managed to be the last man standing at the merged company.
At the Dime Savings Bank, profits were five times as high as their very depressed level a year ago.
The Dime Savings Bank also said yesterday that it had stopped advertising.
The new entity will be known as Dime Savings Bank.
Dime Savings Bank posted a loss and suspended dividends on its common stock.
Before that, he had headed the Dime Savings Bank since joining it in 1988.
His only previous experience as a chief executive was turning around the Dime Savings Bank after it fell into regulatory trouble.
Then he heard about the city's new subsidized rehab loan program with the Dime Savings Bank.
The Dime Savings Bank is to supply permanent mortgages to the buyers at market rates.
Dime Savings Bank wants to sublet 5,500 square feet on 54th Street.
He pulled Dime Savings Bank from the brink in 1990 - and managed to be the last man standing at the merged company.
At the Dime Savings Bank, profits were five times as high as their very depressed level a year ago.