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Sterling National Bank Named Official Commercial Bank of the New York Jets
MONTEBELLO, N.Y., Oct. 23, 2017 -- Sterling National Bank (NYSE:STL) and the New York Jets have announced a new, multi-year partnership naming Sterling the “Official Commercial Bank of the New York Jets.”
The partnership unites two recognizable brands with deep roots in the New York metro region, bringing valued clients and fans together under one umbrella. The partnership is Sterling’s first ever alliance with a professional sports team, and brings together two brands characterized by high achievement, accountability, collaboration, integrity, and service.
The partnership, which includes an official designation, also provides Sterling with an opportunity to further deepen its banking relationship with organizations in the Jets Partner Alliance network, including middle-market business owners with sophisticated depository and treasury management needs. Established in 2014, the Jets Partner Alliance is a B2B platform encompassing all of the team’s suite and corporate partners.
“We are very excited about partnering with a team that shares our core values and regional roots,” said David S. Bagatelle, President – New York Metro Markets. “We anticipate building upon this partnership year-round – beyond football season - to help support the unique needs of the New York Jets and their partnership network.”
“The New York Jets are delighted to collaborate with Sterling, a leading name in commercial banking, that like us, prides itself on being forward thinking and putting customers’ and fans’ needs first,” said Ian Lasher, Jets SVP Corporate Partnerships. "We look forward to strengthening our relationship with Sterling in the years to come."
Sterling and the Jets began their partnership at the start of the Fall 2017 season.
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.
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.
About New York Jets
The New York Jets were founded in 1959 as the New York Titans, an original member of the American Football League (AFL). The Jets won Super Bowl III, defeating the NFL's Baltimore Colts in 1969. In 1970, the franchise joined the National Football League in the historic AFL–NFL merger that set the foundation for today's league. As part of a commitment to its fan base through innovation and experiences, the team has created initiatives such as, its trailblazing Jets Rewards program, an award-winning virtual reality lounge, a state-of-the-art mobile app, and Jets 360 Productions, a comprehensive content platform that gives fans greater access to the team across all digital and social platforms. Led by its trail blazing Anti-Bullying Program, the organization takes great pride in a long-standing, year-round commitment to their community. These programs are funded by the New York Jets Foundation and look to positively influence the lives of young men and women in the tri-state area, particularly in disadvantaged communities. The organization also supports the efforts of the Lupus Research Alliance and numerous established charitable organizations and causes sponsored by the NFL. The New York Jets play in MetLife Stadium, which opened in 2010, and are headquartered at the Atlantic Health Jets Training Center in Florham Park, New Jersey.
STERLING NATIONAL BANK:
First VP, Director of Corporate Communications