Sterling National Bank Grows Commercial Lending Team Serving Middle Market Clients in New York Metro

MONTEBELLO, NY--(Marketwired - September 01, 2015) - Sterling National Bank, the principal subsidiary of Sterling Bancorp (NYSE: STL), announced today the addition of Marc Weiss to one of its commercial banking teams as Managing Director. In this role, he will focus on delivering creative and personalized commercial lending solutions to middle market clients across the New York metro region.

Marc joins Sterling from Antwerp Diamond Bank, where he led the effort to establish its New York office and served as Senior Vice President and General Manager. During his tenure at Antwerp Diamond Bank, Marc led a team that managed a loan portfolio in excess of $500 million. He was responsible for business development, expansion of loan products, and fee income opportunities.

"As we continue to build on our commercial banking capabilities for mid-sized companies, we are very pleased to welcome Marc to Sterling," said David S. Bagatelle, Executive Vice President and President-New York Metro Market at Sterling National Bank. "Marc has more than three decades of experience in commercial lending, and we will draw on his expertise to further strengthen our relationships with clients, anticipate their needs, and provide them with the quality tools and personalized service they need to prosper and grow."

About Sterling National Bank
Sterling National Bank, the principal subsidiary of Sterling Bancorp, specializes in the delivery of service and solutions to business owners, their families, and consumers in communities within the greater New York City area through teams of dedicated and experienced 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.