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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]
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.
Sterling Financial Corporation (NAS: STSA) of Spokane, Washington, is the bank holding company for Sterling Savings Bank, a Washington state chartered and federally insured commercial bank.
Sterling Bank was an owned subsidiary of Sterling Bankshares, Inc. ( Nasdaq : SBIB ), of Houston, Texas. Sterling has total assets of $5 billion and operates 56 banking centers in the greater metropolitan areas of Houston, San Antonio, Dallas, Fort Worth, as well as in the Texas Hill Country. The bank was founded in 1974 as Jersey Village Bank.
Sterling Financial Corporation Completes Acquisition of Seattle-area Operations of Boston Private Bank & Trust Company Transaction expands and enhances Sterling's presence in the Seattle market ...
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In 1990, Sterling expanded into commercial real estate lending. [4] In 1993, Sterling Savings and Loan was renamed Sterling Bank and Trust, FSB. [4] In 1995, the bank had $78 million in assets; [5] by 2015, Sterling had grown to $1.3 billion in assets with 18 branches in the San Francisco area and its headquarters in Southfield, Michigan. [4]
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