Kevin King Joins Sterling National Bank's Public Sector Finance Team

MONTEBELLO, N.Y., June 19, 2017 (GLOBE NEWSWIRE) -- Sterling National Bank, the principal subsidiary of Sterling Bancorp STL, announced today that Kevin King has joined the bank's Public Sector Finance team. King will lead the team as Senior Managing Director, reporting to Tom Geisel, Sterling's EVP and President for Specialty Finance & National Markets.   

"We welcome Kevin to our growing team," said Geisel. "As we expand our coverage footprint in the sector, Kevin will help take our public sector finance business to the next level. His demonstrated leadership track record in public sector finance will be instrumental as we move to the next phase of our growth strategy."

King was most recently Senior Vice President at Huntington National Bank where he was instrumental in building Huntington Public Capital to nearly $2 billion in outstanding loans. Previously, King held leadership positions at various banks and financial institutions. King obtained his Bachelor's from Augusta 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