DIME COMMUNITY BANCORP INC
8-K, 1998-06-11
SAVINGS INSTITUTION, FEDERALLY CHARTERED
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_______________________________________________________________________________
                     SECURITIES AND EXCHANGE COMMISSION

                          WASHINGTON, D. C. 20549

                     -------------------------------------

                                FORM 8-K
                             CURRENT REPORT
                  PURSUANT TO SECTION 13 OR 15(d) OF THE
                      SECURITIES EXCHANGE ACT OF 1934
                     

                     -------------------------------------

      Date of Report (Date of earliest event reported):  June 11, 1998


                    DIME COMMUNITY BANCORP, INC.
            (Exact name of registrant as specified in its charter)



   Delaware                    0-27782                       11-3297463
(State or other         (Commission File Number)           (IRS Employer
 jurisdiction of                                         Identification No.)
 incorporation)

              209 Havemeyer Street, Brooklyn, New York 11211
        (Address of principal executive offices, including zip code)


Registrant's telephone number, including area code:   (718) 782-6200


                              Not Applicable
        (Former name or former address, if changed since last report)
_______________________________________________________________________________

<PAGE>
Items 1
through 4,
6 and 8.       Not Applicable.


Item 5.        Other Events.

In General.
- -----------
               On June 11, 1998, the Board of Directors of Dime Community
Bancorp, Inc. (the "Company") approved a change in its corporate name from
Dime Community Bancorp, Inc. to Dime Community Bancshares, Inc. effective at
5:01 p.m. on June 12, 1998.  The Company will also change its Nasdaq National
Market trading symbol from DIME to DCOM, effective June 15, 1998.



Item 7.        Financial Statements and Exhibits.

               No Financial statements are required to be filed as part of
this Report.  The following exhibits are filed as part of this Report:


                 Exhibit No.                 Description
                 -----------                 ------------
                    99.1                     Press Release dated June 11, 1998

<PAGE>

                                            -3-

                                SIGNATURE



Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.




                               DIME COMMUNITY BANCORP, INC.


                               BY: /s/ MICHAEL P. DEVINE
                               ------------------------------------
                               Michael P. Devine
                               President and Chief Operating Officer
                                             


Dated: June 11, 1998















                                    NEWS RELEASE

                                    





DIME COMMUNITY BANCORP, INC. WILL CHANGE CORPORATE NAME TO DIME COMMUNITY
              BANCSHARES, INC. AND STOCK TICKER SYMBOL TO "DCOM"

Brooklyn,  New  York,  June  11,  1998.    Dime  Community  Bancorp,  Inc. (the
"Company,") (NASDAQ: "DIME"), the holding company for The Dime Savings  Bank of
Williamsburgh,  (the  "Bank")  announced  today that its Board of Directors has
approved changes to both its corporate name  and  stock ticker symbol.  The new
corporate  name  will be Dime Community Bancshares, Inc.,  and  the  new  stock
ticker symbol will  be "DCOM."  The corporate name change will become effective
as of the close of business  on  June  12,  1998,  and  the stock ticker symbol
change  will become effective for the opening of trading on  Monday,  June  15,
1998.  The Company's common stock will continue to trade on the NASDAQ National
Market.  The Bank's name will remain The Dime Savings Bank of Williamsburgh.

Dime Community  Bancorp, Inc., is the holding company for The Dime Savings Bank
of  Williamsburgh,   a   community-oriented   financial  institution  providing
financial services and loans for housing within  its  market  areas.  The  Bank
maintains  its  headquarters  in  the  Williamsburgh  section of the borough of
Brooklyn, and thirteen additional offices in the boroughs  of Brooklyn, Queens,
and The Bronx, and in Nassau County.  The Bank's deposits are insured up to the
maximum  allowable  amount by the Federal Deposit Insurance Corporation.   More
information on the Company  and  Bank  can  be found on our Internet website at
WWW.DIMEWILL.COM.

CONTACT:  KENNETH A. CEONZO  - VICE PRESIDENT AND DIRECTOR OF INVESTOR
RELATIONS // (718) 782-6200 ext. 279

                                     {END}



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