The launch of the National Deposits Group by Dime Community Bancshares is a strategic move to diversify and strengthen its deposit base across various industries. By targeting deposit-rich verticals and leveraging a team with a proven track record, DCOM is likely to see an increase in deposits, which can fuel further growth and potentially improve financial performance in the short term. The focus on low-cost relationship-based deposits is particularly beneficial for improving the bank's cost of funds and profitability.