SOUTHFIELD, Mich.--(BUSINESS WIRE)--Apr. 23, 2018--
Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the
holding company of Sterling Bank and Trust, F.S.B., today announced that
it has expanded its presence in Southern California with a new branch in
Chino Hills at 2911 Chino Avenue, Unit F1, Chino Hills, California. This
full-service branch will provide residential and commercial loans, and
retail and business banking services, including wealth management.
“The addition of this branch is responsive to the strong demand we have
seen for Sterling’s suite of financial solutions, and reflects our
commitment to the community of Chino Hills as well as the overall Los
Angeles market,” said Gary Judd, Chairman and CEO of Sterling Bancorp.
“We now have five branches in the Los Angeles market, an area that
represents tremendous opportunity for Sterling Bank. Establishing this
new branch reflects Sterling’s growth strategy and our commitment to
provide highly personalized service to our customers where they live and
With the opening of Chino Hills, Sterling now has 28 branches across
California, New York and Michigan, and a loan production office in
About Sterling Bancorp, Inc.
Sterling Bancorp, Inc. is a unitary thrift holding company. Its wholly
owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch
operations in San Francisco and Los Angeles, California and New York
City, and a loan production office in Seattle, Washington. Sterling
offers a broad range of loan products to the residential and commercial
markets, as well as retail and business banking services. Sterling also
has an operations center and a branch in Southfield, Michigan. Sterling
was named as the top performing community bank in the United States with
total assets between $1 billion and $10 billion in 2017 by SNL/S&P
Global Market Intelligence. For additional information, please visit the
Company’s website at www.sterlingbank.com.
Readers should note that in addition to the historical information
contained herein, this press release includes "forward-looking
statements," within the meeting of the federal securities laws
including, without limitation, statements concerning plans, estimates,
calculations, forecasts and projections with respect to the anticipated
future performance of the Company. Readers should note that the
forward-looking statements included in this press release are not a
guarantee of future events, and that actual events may differ materially
from those made in or suggested by the forward-looking statements.
Forward-looking statements generally can be identified by the use of
forward-looking terminology such as "will," "propose," "may," "plan,"
"seek," "expect," "intend," "estimate," "anticipate," "believe" or
"continue," or similar terminology. Any forward-looking statements
presented herein are made only as of the date of this press release, and
we do not undertake any obligation to update or revise any
forward-looking statements to reflect changes in assumptions, the
occurrence of unanticipated events, or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180423006091/en/
Source: Sterling Bancorp, Inc.
Financial Profiles, Inc.
Larry Clark, 310-622-8223