Priti Capoor-Savage Joins Sterling National Bank’s Commercial Banking Team

MONTEBELLO, N.Y., Nov. 09, 2017 -- Sterling National Bank (NYSE:STL) today announced that Priti Capoor-Savage has joined the bank as a Managing Director and Senior Vice President in its Iselin, New Jersey office. Capoor-Savage will be reporting directly to Robert Koar, Senior Managing Director at Sterling. Capoor-Savage will focus on generating new client relationships across Sterling’s growing footprint in New Jersey.

Priti Capoor-Savage, Managing Director and Senior Vice President

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/0f415247-5d89-40bc-9fce-55f2774f60c1

Capoor-Savage has over 37 years of experience in commercial banking. Prior to joining Sterling National Bank she was a Senior Vice President at Fulton Bank of New Jersey and a Senior Vice President at Capital One Bank. Capoor-Savage began her career with Citibank, where she held many positions during her 28 years with the organization.  

“We are thrilled to welcome someone with Priti’s demonstrated track record in commercial and middle market banking to the New Jersey team,” said David S. Bagatelle, President – New York Metro Markets. “She brings to Sterling innovative thinking and the ability to harness team dynamics to develop strong client relationships and drive growth.”

Capoor-Savage obtained a Masters in Psychology from the University of New Delhi and achieved her Certificate in Advanced Commercial Lending from the Bank Management Institute in Buffalo, New York.

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