Sterling National Bank (NYSE:STL) today announced the addition of six new bankers across core business units, highlighting the forward momentum and growth of the bank, both regionally and across key service lines.
On Long Island, Sterling has bolstered its team with the addition of four new senior bankers. Michael Varrone and James Whitehouse join as Senior Managing Directors and Senior Vice Presidents of Commercial Real Estate Lending. Additionally, Dennis Jurs and Brian Malone have been named Managing Directors and Vice Presidents of Commercial Banking. The four new members of Sterling’s team will focus on client relationship management and retention, as well as business development in the Long Island market.
Sterling also announced two additions to its nationally-focused Specialty Finance business. Maryanne Lenardo has been appointed as Vice President and Managing Director of Payroll Finance, based in Los Angeles. Fred Weesner will serve as Managing Director and Senior Vice President of Asset-Based Lending, based in Denver. Lenardo’s primary responsibilities will include business development and developing treasury management relationships. Weesner will focus on evaluating and structuring prospective asset-based term loan opportunities.
Read the full press release to learn more about the new bankers and their impact on growth for Sterling.