David Reynolds Named New Director at Dimeco, Inc.

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John S. Kiesendahl, Chairman of the Board, and Gary C. Beilman, President and Chief Executive Officer of The Dime Bank and Dimeco, Inc. (OTC Pink: DIMC), parent company of The Dime Bank, announced David D. Reynolds, M.D. has joined the Board of Directors team serving as the tenth board member.

Dr. Reynolds comes to Dimeco with not only a medical background, but with an extensive self- made business background. Early in his career he incorporated his medical training with business acumen as a solo practitioner in Hawley. Currently practicing in his chosen field, Dr. Reynolds is also busy running three businesses in Honesdale. He is the president and chief executive officer of Northeastern Gastroenterology Associates as well as the medical director, president, and chief executive officer of Mountain Laurel Surgical Center and Maple City Anesthesia.  Dr. Reynolds has also published several articles in his discipline. Dr. Reynolds graduated magna cum laude with a Bachelor of Science from Wilkes University and then went on to Drexel Hahnemann University to complete his Doctor of Medicine. Dr. Reynolds completed his post graduate training with a fellowship in Gastroenterology at Geisinger Medical Center, his residency and an internship in Internal Medicine at Lehigh Valley Hospital Center. He is board certified in Gastroenterology and is a Diplomat of both the American Board of Internal Medicine and the National Board of Medical Examiners. Dr. Reynolds is a member of the American College of Gastroenterology, American Society of Gastrointestinal Endoscopy, American Gastroenterology Association, Pennsylvania Medical Society, Pennsylvania Gastroenterology Society, and an associate member of American College of Physicians.  On a local level, Dr. Reynolds has served as an Elder, member of the Stewardship committee, and taught Sunday school for many years at his place of worship, and is now a member of First Presbyterian Church of Honesdale. He currently offers outreach programs in medical education. Youth sports have been his passion for the past several years, coaching wrestling, soccer, and baseball. Dr. Reynolds lives in Honesdale with his wife, Kay, and their children Bethany and Gustin.

Chairman Kiesendahl stated, “We are delighted to have David, a distinguished medical professional, join our board. Bringing differing viewpoints is important to a well-rounded directorship, and we feel his experience and background will complete our directorship.”  President Beilman remarked, “David is a solid business leader in our community whose focus is on serving the community, a complement to Dimeco’s philosophy and mission of providing services consistent with sound, prudent principles. David, through his many affiliations – medical, business, personal, social, church, and youth sports – complemented by his medical and business knowledge, is a welcome addition to our directorate. I am thrilled he is now on our team as our community bank expands and endeavors to assist with the growth of our communities. Our board ultimately guides The Dime Bank management team in assisting people in attaining their goals and dreams, and Dave is a perfect fit for this leadership.”

Dr. Reynolds stated, “I am very excited to have this opportunity to become a part of The Dime Bank team.  It is my observation that The Dime Bank has been a leader in our community providing a wide array of financial and community sponsored services.  I appreciate that this institution is willing to shepherd both small and large business to foster growth, while remembering to support the backbone of our community, those people that live within it with strong residential mortgages.  My aspiration would be to bring additional confidence and optimism to the evolving future of The Dime Bank through steadfast leadership.  I truly believe ‘the achievements of an organization are the results of the combined effort of each individual.’-Vince Lombardi.  I look forward to this new venture with enthusiasm and excitement.”

Dimeco, Inc. is the holding company of The Dime Bank, a full service financial institution serving Northeastern Pennsylvania with offices in Wayne, Pike, and Lackawanna Counties. For more information on Dimeco, Inc. and The Dime Bank, visit www.thedimebank.com

Source: Dimeco, Inc. / October 8, 2015 / Contact:  Deborah Unflat