Sean Umhafer Joins Sterling National Bank’s Long Island Team

MONTEBELLO, N.Y., Nov. 01, 2017 -- Sterling National Bank (NYSE:STL) today announced that Sean Umhafer has joined the bank as Senior Managing Director and Senior Vice President. Umhafer will be based in Sterling’s Melville, Long Island office and report to Ed Blaskey, Executive Vice President and Long Island Market President. Umhafer will focus on client relationship management and business development activities.

Senior Managing Director and Senior Vice President

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Umhafer was most recently Vice President at M&T Bank Corporation, where he led the Long Island Middle Market Lending Team, driving loan portfolio growth. Prior to M&T Bank, Umhafer served as Vice President at Washington Mutual Bank, where he managed the expansion of their middle market commercial loan portfolio.

“We are truly excited to welcome Sean to our growing Long Island team,” said Blaskey. “Sean has strong business acumen, strategic insight, and deep experience in serving bank clients as a trusted advisor. We look forward to working closely with Sean as we build on our business in the Long Island market.”

Umhafer received his Masters of Business Administration from Binghamton University, and holds a Bachelor of Science degree from Oneonta 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