Steven Levi Joins Sterling National Bank’s Commercial Banking Team

MONTEBELLO, N.Y., Aug. 02, 2017 -- Sterling National Bank (NYSE:STL) today announced that Steven Levi has joined the bank as Senior Vice President and Senior Managing Director of Commercial Banking. Levi will be based at Sterling’s Melville office and report to Ed Blaskey, Executive Vice President and Long Island Market President.

Steven Levi, Senior Vice President and Senior Managing Director of Commercial Banking

A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/520ea69a-31c4-4659-b4ca-4ad18ad20ea8

Levi was most recently First Vice President of Commercial Banking at Valley National Bank, where he worked with a diverse portfolio of middle market, non-profit and corporate banking clients providing lending and deposit services. Prior to joining Valley National Bank, Levi held several positions with other banking organizations earlier in his career.

“We are thrilled to welcome someone with Steven’s strong business acumen to the team,” said Blaskey. “His comprehensive experience in serving the middle market will make him invaluable as a trusted advisor across various business specialties, with an emphasis on the Long Island market.”

Levi received his MBA from Adelphi University and holds his bachelor’s degree from St. John’s University.

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