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Sterling National Bank history
Sterling National Bank company history timeline
Formed in 1888, Sterling began serving communities in the New York metropolitan area over a century ago.
The entity now known as Sterling was founded in 1888 under the name Provident Bank.
The roots of our Chetek branch date back to December, 1941, when it opened under the name of Indianhead State Bank.
In 1974, it changed its name to Chetek State Bank.
Then in 2001, Sterling Bank emerged from the consolidation of the Chetek State Bank and the Bank of Barron.
On August 10, 2012, the company acquired Gotham Bank of New York, which enabled the company to expand into the New York City marketplace.
On October 31, 2013, the company acquired Sterling Bancorp through a merger.
On June 30, 2015, Sterling completed the acquisition of Hudson Valley Holding Corp., which further expanded its presence in the greater New York Metropolitan region.
Its acquisition of Astoria Bank closed at the start of October 2017.
On March 6, 2018, the company announced the acquisition of Advantage Funding Management.
As of September 2019, the balance of the loans and leases outstanding to be acquired was $843M.
In April 2021, Webster Bank and Sterling Bancorp's Sterling National Bank agreed to an all stock merger in an all-stock deal worth about $10.3 billion.
The merger was completed on February 1, 2022 and will keep Webster Bank.
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Sterling National Bank competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Bremer Bank | 1943 | $1.2B | 1,652 | - |
| Stifel Financial | 1890 | $49.8M | 7,100 | 148 |
| Provident Bank | 1839 | $1.9M | 1,159 | 71 |
| First Republic Bank | 1985 | $2.3B | 6,295 | - |
| West Michigan Community Bank | 1976 | $4.4M | 50 | 1 |
| Republic Bank | 1982 | $819.8M | 1,000 | 23 |
| California Bank of Commerce | 2007 | $8.5M | 133 | 184 |
| East West Bank | 1998 | $1.9B | 3,000 | 277 |
| Diamond Bank | 1990 | $175.0M | 3,299 | - |
| Oppenheimer & Co | 1881 | $1.2B | 2,908 | 106 |
Sterling National Bank history FAQs
Zippia gives an in-depth look into the details of Sterling National Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sterling National Bank. The employee data is based on information from people who have self-reported their past or current employments at Sterling National Bank. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Sterling National Bank. The data presented on this page does not represent the view of Sterling National Bank and its employees or that of Zippia.
Sterling National Bank may also be known as or be related to SNB, Sterling Bancorp, Sterling Bancorp, Inc. and Sterling National Bank.