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Terry O'Grady Joins Sterling National Bank

August 22, 2016

Sterling National Bank, the principal subsidiary of Sterling Bancorp (NYSE: STL), announced today that Terry O'Grady has joined as Managing Director. He will be leading the sales effort for the Asset Based Lending Group in the Midwest Region, providing asset based and commercial loans to middle market companies in the Midwest.

The addition of Mr. O'Grady reflects the continued growth of Sterling's broad team-based approach to providing highly personalized services to its clients across multiple disciplines, including asset based lending. He brings to Sterling demonstrated strengths in asset based lending as well as expertise in leverage finance, capital markets, and asset recoveries and a proven track record of success with middle market companies across the Midwest and East Coast. He will be based in Chicago.