Dime Bancorp has named a slate of executives and set a timetable for moving its newly reorganized mortgage company to Tampa.

The New York thrift promoted Ken Alverson, a senior vice president at the mortgage unit, to chief financial officer and head of secondary marketing.

Frank Watson, who joined Dime from Chase Manhattan Mortgage this year, was named director of information systems.

The appointment continues a heavy reliance on talent from Chase's mortgage company. Dime Mortgage's chairman, Fred B. Koons, and its president, Richard A. Mirro, are both from the commercial bank's home- lending arm.

Bill W. Taylor, also from Chase Mortgage, is heading Dime's correspondent banking unit in Monroe, La., where the Chase correspondent operation had been based.

Most of the mortgage operations will move from Uniondale, N.Y., to Tampa over the next 90 days, a Dime spokesman said. Mr. Koons had been based in Tampa with Chase.

With the restructuring, Dime hopes to double annual originations to $6 billion by 1998.

"Our mortgage division now has in place an experienced management team, a clear business focus, and aggressive strategy for growth," said Dime chairman Lawrence J. Toal.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.