Sterling National Bank Grows Commercial Banking and Commercial Finance Teams with Key Hires

The bank continues to grow and expand in its core markets

MONTEBELLO, N.Y., July 20, 2018 (GLOBE NEWSWIRE) --  Sterling National Bank (NYSE:STL) today announced key additions to its Commercial Banking and Commercial Finance business units. 

In its New York Metro Market, Sterling welcomes two new team members. Paul Keshian joins as Senior Managing Director and Senior Vice President, responsible for commercial real estate and multifamily relationships. Keshian most recently served as Vice President with Santander Bank. Jeffrey Ackerman joins as Managing Director and Vice President, focusing on middle market commercial loans and deposit relationships. Ackerman also joins Sterling from Santander Bank. Collectively, they bring diverse experience in servicing the needs of middle market clients in the greater New York metropolitan area.

In the Westchester market, the bank adds Steven Silverberg as Managing Director and Vice President, responsible for managing commercial loan and deposit relationships. Silverberg joins Sterling from Customers Bank.

Joining in the New Jersey market, Sterling welcomes James Meicke as Managing Director and Vice President. Meicke will focus on commercial real estate financing opportunities.  Meicke comes to Sterling from Amboy Bank.

“We are very pleased to welcome such talented new colleagues, that bring deep expertise in commercial and asset-based lending,” said Tom Geisel, Sterling’s Senior Executive Vice President and President of Corporate Banking. “These are bankers who have strong business acumen and offer rich backgrounds in client service. The addition of these colleagues will augment the growth aspirations of Sterling, and continue our focus on driving our clients’ businesses forward.”

About Sterling National Bank
Sterling Bancorp, of which the principal subsidiary is Sterling National Bank, specializes in the delivery of financial services and solutions for small to mid-size businesses and consumers within the communities we serve through a distinctive team-based delivery approach utilizing highly experienced, fully dedicated relationship managers. Sterling National Bank offers a complete line of commercial, business, and consumer banking products and services.  For more information, visit www.snb.com.

Forward-Looking Statements
This release may contain "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements may concern Sterling's current expectations about its future results, plans, operations and prospects and are subject to numerous assumptions, risks and uncertainties, including inflation; the effects of, and changes in, trade; changes in asset quality and credit risk; introduction, withdrawal, success and timing of business initiatives; capital management activities; customer disintermediation; and the success of Sterling at managing these risks. Other factors that could cause Sterling's actual results to differ from those indicated in forward-looking statements are included in the "Risk Factors" section of Sterling's securities filings with the Securities and Exchange Commission. The forward-looking statements included herein are only made as of the date hereof, and Sterling specifically disclaims any obligation to update these statements in the future.

STERLING NATIONAL BANK:

Marissa Weidner
Director Talent, Culture & Communications
914.771.3069