"We are excited to welcome Dennis, Brian, Michael and James to our rapidly-growing Long Island team," said Ed Blaskey, Executive Vice President and Long Island Market President. "Each of them brings to the bank a deep understanding of the needs of middle market clients and strong skillsets in relationship management, which will be crucial as we continue to expand our presence."Sterling also announced two additions to its nationally-focused Specialty Finance business. Maryanne Lenardo has been appointed as Vice President and Managing Director of Payroll Finance, based in Los Angeles. Fred Weesner will serve as Managing Director and Senior Vice President of Asset-Based Lending, based in Denver. Lenardo's primary responsibilities will include business development and developing treasury management relationships. Weesner will focus on evaluating and structuring prospective asset-based term loan opportunities. Ms. Lenardo was most recently Senior Vice President of Originations at Far West Capital, where she worked with small businesses and entrepreneurs across the Western United States. Mr. Weesner joins Sterling from HBH Capital Finance in Greenwood Village, Colorado, where he was Managing Director of the Asset-Based Lending Group. "Maryanne and Fred are important additions to our Specialty Finance team," said Tom Geisel, Sterling's EVP and President for Specialty Finance & National Markets. "Their respective experiences will help us more effectively identify new business opportunities, strengthen our existing relationships and allow us to provide deeper strategic insight to our clients." 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:|
|Christina Favilla Chief Operating Officer|