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November 25, 2015 11:08 PM ET


Company Overview of Sterling National Bank

Company Overview

Sterling National Bank provides commercial, business, and consumer banking products and services to business owners, their families, and consumers. It offers business checking, business savings, and business money market accounts; certificate of deposits; merchant credit card processing, automated clearing house, escrow, payroll, controlled disbursement, positive pay and account reconciliation, lockbox, zero balance account, remote deposit, and wire funds transfer services; business loans, business lines of credit, asset-based lending, factoring, trade finance and letters of credit, equipment financing, payroll finance, small business administration, business credit cards, real estate financ...

400 Rella Boulevard

Montebello, NY 10901-4256

United States

Founded in 1888





Key Executives for Sterling National Bank

Chief Executive Officer, President, Director, Chief Executive Officer of Provident New York Bancorp and President of Provident New York Bancorp
Age: 59
Chief Financial Officer and Executive Vice President
Age: 38
Chief Operating Officer, Executive Vice President, Chief Operating Officer of Provident New York Bancorp and Executive Vice President of Provident New York Bancorp
Age: 57
Executive Vice President and Market President of The North Market
Age: 65
Executive Vice President and President of The New York City Metro Market
Age: 51
Compensation as of Fiscal Year 2015.

Sterling National Bank Key Developments

Ernest Pelli Joins Sterling National Bank's Asset-Based Lending Division as Managing Director

Sterling National Bank has announced that Ernest Pelli has joined its Asset-based Lending division as managing director. In the new role, Pelli will serve middle market commercial companies across the country, with particular emphasis on manufacturing, wholesale operations, distribution, and service industries. With more than two decades of asset-based lending experience, Pelli previously served as senior vice president of Global Commercial Banking at Bank of America Merrill Lynch, where he sourced, structured and closed asset-based lending facilities for middle market and large-cap clients across a variety of industries.

Sterling National Bank Appoints Sterling National Bank as Managing Director of Asset-Based Lending Division

Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that chas joined its Asset-Based Lending division as Managing Director. Mr. Pelli will serve middle market commercial companies across the country, with particular emphasis on manufacturing, wholesale operations, distribution, and service industries. He previously served as Senior Vice President of Global Commercial Banking at Bank of America Merrill Lynch.

Sterling National Bank Announces Executive Appointments

Sterling National Bank announced it has hired Jim Gelwicks as Senior Managing Director and Yan Cheng as Senior Vice President to lead its newly formed Syndication Banking team. The team will focus on arranging and syndicating bank loans for commercial banking and specialty lending clients in its targeted markets. Prior to joining Sterling, Jim Gelwicks was an executive with Healthcare Finance Group, LLC, most recently serving as Head of Capital Markets, where he was responsible for arranging and managing all syndicated transactions. Yan Cheng also has an extensive background in capital markets and syndicated finance. He joins Sterling from Healthcare Finance Group, LLC, where he was Senior Vice President-Capital Markets since 2008 and helped establish the firm's successful syndication platform.

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