SNKETR...looks like a willow tree to me.
Ya don't want willows near a dam.
Generally I think Willows are not the best around ponds...
butI have one willow tree at water's edge and I like it.
I trimmed off all the bottom branches and I think it looks kind of cool in the summer.
It's waking up again as I took this pic this month.
I seldom have water level problems, so if it drinks some water...so be it.
If it starts spreading I will deal with it.
BTW....below pic is my Willow
before I trimmed bottom of it.
Now it's my "Willow that wears a wig".
When only the top fills out again..I think it looks neat.