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In 2012, the company changed the name of its bank from Sterling Savings Bank to Sterling Bank and laid off 6% of its workforce. [8] In March 2013, the company acquired American Heritage Holdings for $6.5 million. [9] In May 2013, the company acquired the Seattle-area operations of Boston Private Bank & Trust Company. [10]
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Sterling Bancorp was an American regional bank holding company that owned Sterling National Bank.It merged into Webster Bank in February 2022.. Prior to the Webster merger, Sterling National Bank provided a full range of banking and financial services to business owners, their families, and consumers, primarily in the greater New York metropolitan and Hudson Valley regions.
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