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Sterling Bancorp (STL)On Feb 9: 7.43   0.00 (0.00%)  
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Sterling Bancorp
650 Fifth Avenue
New York, NY 10019-6108
United States - Map
Phone: 212-757-3300
Fax: 212-826-2413
Web Site: http://www.sterlingbancorp.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:562

BUSINESS SUMMARY 
Sterling Bancorp operates as the holding company for Sterling National Bank, which provides banking and related financial services and products to customers in the United States primarily in New York, New Jersey, and Connecticut. Its deposit products include checking accounts, money market accounts, negotiable order of withdrawal accounts, savings accounts, rent security accounts, retirement accounts, and certificates of deposit; and deposit services include account management and information, disbursement, reconciliation, collection and concentration, ACH, and others. The company also provides business and consumer lending, asset-based financing, depository, factoring/accounts receivable management services, equipment leasing, commercial and residential mortgage lending and brokerage, international trade financing, trust and estate administration, investment management, and investment services for commercial, industrial and financial companies, and government and non-profit entities. In addition, it offers financing and human resource business process outsourcing support services for the temporary staffing industry, which include back-office, computer, tax, and accounting services, as well as financing to independently-owned staffing companies. As of December 31, 2008, the company had 12 offices in New York; 9 offices in New York City, which include 6 branches and an international banking facility in Manhattan, and 3 branches in Queens; 2 branches in Nassau County, including 1 in Great Neck and 1 in Woodbury, New York; and 1 branch in Yonkers, New York. Sterling Bancorp was founded in 1929 and is based in New York, New York.
Key Statistics

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    CORPORATE GOVERNANCE 
    Sterling Bancorp's Corporate Governance Quotient (CGQ®) as of 1-Feb-10 is better than 43.7% of S&P 600 companies and 82.6% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Louis J. Cappelli , 79
    Chairman, Chief Exec. Officer, Chairman of Exec. Committee, Chairman of Retirement Committee and Chairman of Sterling National Bank
    $ 1.25M $ 2.00M
    Mr. John C. Millman , 67
    Pres, Director, Member of Exec. Committee, Member of Retirement Committee, Chief Exec. Officer of Sterling National Bank, Pres of Sterling National Bank of Sterling National Bank
    $ 688.00K $ 1.25M
    Mr. John Tietjen , 65
    Chief Financial Officer, Principal Accounting Officer, Exec. VP, Treasurer, Member of Retirement Committee and Exec. VP of Sterling National Bank
    $ 310.00K $ 518.00K
    Mr. Howard M. Applebaum , 51
    Sr. VP and Exec. VP of Sterling National Bank
    $ 359.00K $ 0
    Mr. Eliot S. Robinson , 67
    Exec. VP of Sterling National Bank
    $ 311.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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