Ari Klein Joins Sterling National Bank’s New Jersey Team

MONTEBELLO, N.Y., Oct. 25, 2017 (GLOBE NEWSWIRE) -- Sterling National Bank (NYSE:STL) today announced that Ari Klein has joined the bank as Senior Managing Director and Senior Vice President in its Paramus, New Jersey office. He will be reporting directly to team leader Brenda Wiener, Senior Managing Director, Commercial Banking at Sterling. Klein will focus on business development, relationship management, and client retention initiatives.

Ari Klein, Senior Managing Director and Senior Vice President


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Klein was most recently Vice President at TD Bank, where he managed a portfolio of commercial real estate and middle market clients. Prior to joining TD Bank, Klein held several positions including Commercial Real Estate Market Representative for PNC Bank and Head of International Private Banking Lending for Bank Leumi, an international bank.

“We are very pleased to welcome Ari to our growing New Jersey team,” said David S. Bagatelle, President of the New York Metro Markets. “He has a wealth of market experience, strong business acumen and the ability to anticipate and respond to client needs. I look forward to working closely with Ari as we continue to expand and grow our business across the market.”

Klein received his Masters of Business Administration from the University of Baltimore, and holds a Bachelor of Science degree from Ner Israel College.

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