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Judy Diamant Joins Sterling National Bank’s Municipal & Non-Profit Banking Team

MONTEBELLO, N.Y., May 01, 2017 (GLOBE NEWSWIRE) -- Sterling National Bank, the principal subsidiary of Sterling Bancorp (NYSE:STL), announced today that Judy Diamant has joined its Municipal & Non-Profit Banking Team as Vice President and Managing Director. Diamant will be based at Sterling’s Yonkers office and will report to Harold Peterson, SVP, Senior Managing Director, Municipal Banking.

Sterling’s Municipal Banking team currently manages a large portfolio of municipal deposits, serving local governments and non-profit organizations in the greater New York area. Diamant will be responsible for expanding Sterling’s Municipal Banking portfolio in Westchester County and Long Island through the acquisition of new client relationships and the expansion of existing business. As Sterling continues to deepen its reach in the Greater New York marketplace, leveraging the Municipal Banking Team’s deep expertise in delivering depository and treasury management solutions to municipalities and non-profits will be invaluable.

Diamant has extensive banking experience; she was most recently a Relationship Manager and Sales Executive at JP Morgan Chase & Co. where she managed and developed a portfolio of middle market corporate, pension, endowment, and non-profit clients. Diamant also held several other positions with JP Morgan Chase, including Liaison to Asset Management and Sales Strategist.

“We are thrilled to welcome Judy to our growing Municipal and Non-Profit Banking team,” said Vinny DeLucia, Executive Vice President and President of New York Regional and New Jersey Markets. “We look forward to leveraging her expertise to help us grow in the greater New York market, particularly Westchester and Long Island.”

Diamant received her Masters of Business Administration from Columbia University, and holds her Bachelor of Arts degree from the University of California.

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: Linda Dunbar First VP, Director of Corporate Communications 845.369.8085

Source:Sterling National Bank