2. ABOUT STERLING
Corporate Profile
Since 1929, Sterling National Bank has successfully served the needs of businesses, professionals and
individuals in the NY metropolitan area and beyond. Sterling is well-known for its high-touch, hands-on
approach to customer service and a special focus on serving the business community. Sterling National
Bank is the principal banking subsidiary of Sterling Bancorp (NYSE: STL), a New York City-based
financial corporation with assets exceeding $2.5 billion.
Sterling offers clients a full range of depository and cash management services plus a broad portfolio
of financing solutions—including working capital lines, accounts receivable and inventory financing,
factoring, trade financing, payroll funding and processing, equipment financing, commercial and
residential mortgages and mortgage warehouse lines of credit.
3. Deposit
Services
You’ll know right away that Sterling is dedicated to serving business customers—
it’s evident in everything we do. From the level of attention you receive, to
the ability for us to develop customized packages to meet your unique needs,
Sterling National Bank is built to serve you.
Our deposit products encompass all the latest features and key benefits
you might find elsewhere. What makes Sterling products unique is the level
of personalized care we provide—you’ll always have a team of responsive
professionals at your service.
4. DEPOSIT SERVICES
Business Checking Accounts
Simply Business
PRO Business
Select Business
Business Money Market CD
IOLA Account
Master Attorney Account
Real Estate Management Account
Simply Business Business Money Market or Certificate of Deposit
Our Simply Business checking account was named after its Sterling Silver Money Market Account and Sterling’s
pure simplicity—one low monthly fee covers everything. Business CD’s provide businesses an opportunity to earn
• o minimum balance requirement—just a low, flat
N interest on idle funds. Through participation in the inno-
monthly service charge. vative CDARS program, Sterling can also offer up to $50
• ree Online Banking with Bill Pay, Corporate Debit
F million in FDIC coverage on CD deposits. Ask a represen-
Card, E-statements. tative for more information.
• ree transactions (100 debits and 50 credits per state-
F
ment cycle). Interest on Lawyer Account (IOLA)
Sterling is a participant in the NY State “Interest On
PRO Business Lawyer Account” (IOLA) Program. This account is for
Sterling is certainly pro-business—and has created this funds received by an attorney on a client’s behalf which are
account for growing companies that have greater cash too small in amount or held for too short a period of time
management needs. to generate sufficient interest to justify the opening of an
• ree Professional Cash Management Suite including
F individual attorney trust account.
Online Banking Bill Pay, Corporate Debit Card,
E-statements, CD-ROM Statement, Positive Pay and Master Attorney Account
Remote Deposit (service fee waived). This specialized account is ideal for firms required to hold
• terling At Work program available (see page 13).
S substantial deposits on behalf of their clients. By use of a
• verage daily balance requirement of $15,000 to avoid
A sub-account tied to the firm’s Master Account, individual
monthly maintenance fee. client information is maintained separately (such as bal-
• ree transactions (200 debits and 100 credits per state-
F ances, interest earned and tax reporting identification num-
ment cycle). bers). Record-keeping is streamlined and disbursements
handled efficiently. Sterling can also prepare and mail year-
Select Business end 1099 interest reporting to each of your clients.
The perfect account for established businesses or those with
a high volume of transactions. By leveraging deposit balances Real Estate Management Account
towards the ideal combination of services a business needs, This account enables property owners and real estate man-
Sterling can deliver a truly customized banking package. agers to comply with the required placement of tenant
• ree Professional Cash Management Suite including
F security deposits into interest bearing bank accounts. Our
Online Banking Bill Pay, Corporate Debit Card, Real Estate Management account provides 1099 Interest
E-statements, CD-ROM Statement; additional cash Statements and automatic disbursement of interest annu-
management tools available. ally; as well, accounts can be structured based upon indi-
• terling At Work program available (see page 13).
S vidual building locations.
• o minimum balance requirement; unlimited transac-
N
tions per month.
• redit towards applicable services generated by com-
C
pensating balances.
5. Lending
Services
Sterling National Bank is unmatched in its broad array of financing options
for small to mid-sized businesses. Sterling’s business focus means prompt
and courteous service, professionals who understand the unique world of
business finance and direct access to senior decision makers.
6. LENDING SERVICES
Accounts Receivable Financing
Asset Based Lending
Business Line of Credit
Commercial Loans/Lines
Commercial Mortgage
Debtor-In-Possession (DIP) Financing
Equipment Financing
Factoring Trade Finance
Letters of Credit
Mortgage Warehouse Lines of Credit
Payroll Funding
Accounts Receivable Financing Business Line of Credit
Sterling specializes in serving businesses that have Sterling’s revolving Business Line of Credit is a readily
experienced rapid sales growth, require greater flexibil- available source of cash allowing a business owner the
ity in financing terms, have an immediate need for flexibility to take advantage of marketplace opportuni-
increased working capital or have experienced tempo- ties. This pre-approved credit facility can be easily
rary or short-term losses with revised strategies in accessed on-demand either by check or Sterling VISA
place. We provide our clients with immediate funding debit card.
against accounts receivable and/or inventory. There
are no unused facility fees, no covenants or extensive Commercial Loans/Lines
reporting. And as the business grows, so does the For established and growing businesses, Sterling can
ability to access additional funds. customize a loan or line package that helps businesses
achieve their short to mid-term goals—whether to
Asset Based Lending provide capital for ongoing operational needs, improve-
Asset Based Lending leverages the value of current and ments or expansions, purchase of owner-occupied real
fixed assets—providing a good alternative with many estate, acquisitions, buy-outs and other needs. Sterling’s
advantages over traditional business loans. Sterling’s approach includes working closely with a client’s pro
experienced lenders search beyond the numbers to look fessional advisory team (accountant and/or attorney)
at management and marketing skills, production facilities alongside the business’s finance director.
and customer base. As a business increases in growth
In addition, Sterling relationship managers are typically
and profitability, Sterling can respond quickly with
assigned based upon a client’s particular industry—
increasing financing as needed to maintain momentum.
and therefore are fluent in the nuances of the client’s
This allows our clients the ability to focus on building
business, such as fluctuations in purchase cycles, the
their business with the knowledge they have a flexible
competi ive landscape and general business trends
t
and responsive partner behind them.
within the industry.
7. LENDING SERVICES
Commercial Mortgage offer both loan and lease options, flexible terms and most
Sterling knows that every deal, like every building, is importantly, professionals who can provide guidance to
unique. Our lenders are significantly experienced in ensure you select the option that best meets your needs.
the New York metro marketplace and understand the Offering a variety of programs, Sterling is committed
key factors that play a part in the commercial real to fast turnarounds so the deal is completed on time
estate industry. Sterling specializes in bridge financing, and efficiently. Sterling also partners with brokers as
acquisition financing, refinancing, and permanent com- well as equipment leasing companies.
mercial mortgages.
Factoring Trade Finance
Debtor-In-Possession (DIP) Financing Sterling specializes in providing full-service accounts
Sterling has a successful track record of developing cus- receivable management and financing, including collec-
tomized financing solutions for companies operating in tion services. Sterling also can readily provide inventory
Chapter 11. Sterling’s experience in this area provides financing and letters of credit.
businesses with expert guidance in developing a plan to Key benefits include receiving funding as soon as mer-
restore the business to a sound and profitable basis as chandise is invoiced and shipped to an approved buyer,
quickly as possible. robust online reporting tools, credit protection and an
experienced and professional collections team working
Equipment Financing on your behalf.
Sterling provides flexible financing programs for
businesses that are considering leasing to meet their For clients who do not require financing, collection
equipment needs. Our equipment financing programs factoring, or accounts receivable management, is also
available.
8. LENDING SERVICES
Letters of Credit Mortgage Warehouse Lines of Credit
Sterling clients benefit from expert guidance from our Sterling provides financing to mortgage bank origina-
trade banking professionals who are highly experienced tors for funding their short-term borrowing needs—
and knowledgeable in the structuring and issuance of specifically, from when the mortgages are funded to
letters of credit. Sterling offers several types of trade when they are purchased by investors. Eligible collat-
services—import or transferable letters of credit as well eral includes government, agency, and jumbo product.
as documentary collections. Sterling provides warehouse lines of credit nationally.
All services are efficiently managed through our web-
based application, Sterlinks. Clients utilize customized
Payroll Funding
Sterling offers funding, professional back-office support
templates to generate letter of credit applications as
and the latest technology to help both new and estab-
well as manage the entire process in a secure, real-time
lished staffing companies grow. The significant experi-
environment. In addition, Sterling can provide virtually
ence and guidance of our team of professionals help our
any foreign currency available and issues standby let-
clients increase their value proposition.
ters of credit.
This experience also translates into the way we do
Sterling also provides commercial sight letters of credit
business—knowing exactly what works best for our
to importers outside of their existing bank line of credit.
clients. Sterling provides special features such as flexi-
Sterling can be a significant added resource for clients,
ble terms, a simple fee structure, maximum advances on
increasing their purchasing power without pledging
billings, secure web-based applications to manage your
additional collateral.
business and an experienced team of customer support
professionals to assist you every step of the way.
9. Cash Management
Services
As your business grows, cash management requirements can become more com-
plex. To make smart and informed decisions and maximize your assets in today’s
dynamic environment, you need faster collections, controlled disbursements,
immediate updates, on-the-spot access to real-time information, reduced risk of
manual error and better fraud deterrence—delivered in a cost-effective manner
that conforms to the way you work.
Look no further than Sterling National Bank to deliver whatever it takes to keep
your business moving at the speed of today’s global marketplace.
10. CASH MANAGEMENT SERVICES
Account Reconciliation Processing
Automated Clearing House (ACH)
Business Debit Card
Cash Concentration Account
Controlled Disbursement Account
E-Statements/CD-ROM Statements
EZ Cert® Online Certified
Check System
Fa$tlink®
Lockbox Service
Merchant Services
Mobile Banking
Online Banking and Bill Pay
Payroll Direct Deposit
Positive Pay
Remote Deposit Service
Zero Balance Account
Account Reconciliation Processing Business Debit Card
Sterling’s Account Reconciliation Processing System Sterling’s Business VISA® Debit Card enables businesses
is ideal for clients with a large volume of receivables to pay for purchases debited directly from a Sterling
and payments. Via our secure website, clients provide business checking account. Each debit card transaction
a file of issued checks including check numbers and is reflected on the monthly statement and can be viewed
dollar amounts. Sterling balances the account and online with Sterling Online Banking.
sends a monthly report. In addition to expediting the
account reconciliation process, the risk of error and Cash Concentration Account
fraud is reduced. Automatically consolidate funds from multiple collection
points—sales outlets, lockbox networks, and more—
Automated Clearing House (ACH) into one account for investment and payment purposes
As a Sterling client, you can benefit from using the with Sterling’s Cash Concentration account. Electronic
Automated Clearing House (ACH), a low-cost, U.S. funds transfers via the Automated Clearing House
bank-to-bank electronic network for clearing dollar (ACH) expedite the receipt of funds into a Sterling
payments. account and reduces the cost associated with a manual
collection system.
ACH Origination Credit simplifies the processes for
recurring payment obligations. Funds move automati-
cally from a Sterling account to the designated bank
Controlled Disbursement Account
At the beginning of each business day, through Sterling
account of the recipient. Both parties know exactly
Online banking, clients can view all in-clearing checks,
when the transaction is complete thus providing the
including check number and dollar amount, thus facili-
benefit of predictable cash flow.
tating early funding and investment decisions.
ACH Origination Debit accelerates the collection pro-
cess. This service is ideal for companies whose receiv- E-Statements/CD-ROM Statements
ables include items such as insurance premiums, rents, Sterling offers both web-based statements and state-
or taxes. Once the customer authorizes the automatic, ments provided on a CD-ROM. Both allow clients to
scheduled debit from their account, late or lost payments view images of statements and paid checks for quicker
are no longer a concern. This service often proves so account reconciliation. Electronic statements reduce
successful that companies often offer their customers a storage requirements, yet offer the flexibility to easily
discount for enrolling. generate a hard copy of a statement whenever one is
required.
11. CASH MANAGEMENT SERVICES
EZ Cert® Online Certified Check System Lockbox Services
This innovative system was designed for firms that Sterling offers retail and wholesale lockbox services,
require certified checks on a regular basis, such as real quickly converting receivables to cash for your busi-
estate attorneys. The time to prepare for closing can be ness. Lockbox services save time and the overhead cost
significantly reduced thus increasing office productivity of receiving and processing payments. With intraday
and profitability. The process is simple—access our remittance, you can view your receivables the same day
secure website and request the check. In a half-hour they are received by Sterling, and make pay decisions
or less, a signed certified check, complete with your on exception items right from your desktop. Sterling
firm’s own custom logo, will print in your office. Sterling can fully automate the process in a customized manner
provides the secure, encrypted printer, security check that suits your business needs.
paper, installation and training on how to use the system.
Merchant Services
Fa$tlink® Sterling offers a Visa/MasterCard Merchant Account
Long-term care providers confront complex cash flow for the purpose of accepting and depositing credit and
and record-keeping challenges resulting from their reli- debit card sales. Settlement is electronically credited
ance on timely, accurate payments from government to your Merchant account via the Automated Clearing
programs and their responsibilities to residents and House (ACH) system. We also settle American Express
their families. and Discover sales through the ACH system.
To help our clients master these challenges, Sterling
created Fa$tlink, a proprietary package of financial
Mobile Banking
SNB Mobile allows Sterling National Bank customers to
services designed to improve the management of resident
use their mobile smartphones to conduct their day-to-
accounts. Fa$tlink components, available à la carte or
day banking anytime, anywhere. Customers can view
as a part of a more comprehensive solution, assist pro-
account balances and transaction history, view account
viders in expediting resident direct deposit, optimizing
alerts, initiate account transfers and pay bills. SNB
Title XIX Medicaid deposits, simplifying resident allow-
Mobile supports all account types including checking,
ance and security accounts, and managing burial funds.
savings, CD’s, money market, loans and lines-of-credit.
SNB Mobile is also provided as an iPhone app and
available for download at iTunes.com.
12. CASH MANAGEMENT SERVICES
Online Banking and Bill Pay Remote Deposit Service
Sterling Online Banking permits clients to bank any- Sterling’s remote deposit service allows clients to send
where, anytime by accessing account information via check deposits to Sterling right from the convenience
the secure Sterling Online Banking site. Clients can of their office. The easy-to-use desktop scanner and
verify account activity, make loan payments, transfer software provide the ability to transmit check deposits
money, pay bills, view cleared checks, print statements safely and securely to Sterling. Through our web-based
and place stop payments. The ability to download secure site, clients can create and schedule batch depos-
banking data into a spreadsheet program allows for easy its, view check images for each deposit and utilize the
analysis of cash position and account reconciliation. search function to locate specific processed checks.
Sterling’s remote deposit service is particularly ideal for
Payroll Direct Deposit businesses with multiple locations or those with a large
Payroll Direct Deposit uses the ACH system to deposit volume of checks to process.
employees’ pay directly into their personal bank
accounts, regardless of whether the business handles Zero Balance Account
payroll directly or utilizes a payroll services provider. Ideal for businesses that wish to fund disbursement
Businesses save the cost of issuing paper paychecks or accounts (such as payroll or petty cash) on an as-needed
replacing lost checks. Employees benefit by having basis. The disbursement accounts are maintained at a
faster access to compensation and the flexibility to zero balance; Sterling delivers funds from a master
divide their pay among different accounts. account on a just-in-time basis to meet daily obligations.
In addition, any funds deposited in the disbursement
Positive Pay account are transferred to the master account at the end
Positive Pay service is a powerful tool in the fight of the day. Fully automated according to your instruc-
against check fraud. With Positive Pay, Sterling com- tions, the zero balance account system ensures accuracy
pares each check presented for payment against a daily and allows for customized reporting.
checks-issued file provided by the Sterling account
holder. If a presented check has no match, we notify
our client immediately and await specific payment
instructions. With Sterling’s Positive Pay service, our
business clients have an effective resource to help pro-
tect their account from fraudulent activity.
13. Special
Programs
Sterling National Bank has developed a series of special programs designed to
add value to our client relationships. Each program was developed in accordance
with expressed needs—the ability to offer employees added-value benefits, the
desire to seek business building opportunities, the need for business owners to
have both business and personal accounts maintained with the same relationship
manager—and more.
Collectively, these programs exemplify the Sterling commitment to provide our
clients the best in personalized products and services.
14. SPECIAL PROGRAMS 13
Professional Banking
Sterling At Work
Sterling Networking Professional
Education Events
Professional Banking Sterling At Work
Sterling’s Professional Banking Group specializes in a Give your employees a valuable benefit by enrolling
high-touch service approach—where your dedicated your company in the Sterling At Work program. It’s a free
relationship officer plays an integral part in managing program designed to provide the banking needs of the
your banking relationship. This level of service is ideal employees of our clients—giving them added perks
for professional services companies, healthcare providers, and benefits—all at no cost to you. For an employee to
not-for-profits, unions and real estate management firms. participate in the Sterling At Work program, they simply
need to have their payroll check direct deposited into
By leaving the “banking” to your relationship officer,
a Sterling checking or savings account.
you can utilize your time more effectively. All our pro-
fessional banking officers readily provide their mobile Benefits include free checking with direct deposit, free
phone numbers to make sure their clients can always online banking with bill pay, a free consultation with
reach them if needed. a representative from Sterling National Mortgage, plus
mortgage pre-qualification service and a special dis-
count on mortgage closing costs.
Sterling is available to make presentations directly to
employees at your office and/or provide Sterling At Work
literature to distribute to your employees.
Sterling Networking Professional Education Events
As part of our ongoing effort to bring added value to
our clients and introduce Sterling to potential new cus-
tomers, a series of client appreciation, networking and
professional education events (offering CLE and CPE
credits) are offered throughout the year. To view a list
of events or register to attend an upcoming event,
please visit our website or ask your relationship manager
for details.
16. DEPOSIT SERVICES
Certificate of Deposit (CD)
CDARS® Program
Checking Accounts
Sterling Professional
Sterling Silver
Sterling Senior No-Fee
Sterling NOW
Sterling At Work
Individual Retirement Account (IRA)
Money Market Account
Savings Account
Certificate of Deposit (CD) be applied towards the minimum average daily
Sterling offers a full complement of CD’s—includ- balance requirement.
ing terms from 3 months to 5 years. Recent changes Professional checking accountholders can take
in FDIC insurance may affect your CD investments; advantage of a tiered interest rate structure based
a Sterling customer service representative can pro- upon account balance. Sterling also provides auto-
vide you information on the latest regulations. matic rebates on fees charged at non-Sterling ATM’s
Note: Please see your tax advisor for specific investment advice. (up to $15.00 per month). And as with all Sterling
accounts, you receive a Sterling ATM/debit card,
CDARS® Program free online banking, bill payment and convenient
e-statements.
Sterling National Bank is a member of the
Certificate of Deposit Account Registry Service A monthly maintenance fee will apply for accounts
(CDARS)—the easiest, most convenient way to that do not meet the checking account average
obtain full FDIC insurance on CD deposits up to daily balance requirement of $25,000 (or $100,000
$50 million. Your entire investment is eligible for in all combined accounts).
FDIC protection because it is broken into smaller
amounts and placed with other banks that are Sterling Silver Checking
members of the CDARS network. Sterling Silver Checking is a relationship-based
Everything is handled through Sterling—you earn account, linking your checking account with your
one interest rate, receive one regular statement statement savings, money market, CD and/or IRA
detailing your entire portfolio, and at maturity, accounts. The combined balances can be applied
Sterling arranges disbursements or re-investment towards the minimum average daily balance
based on your direction. requirement.
Sterling Silver accountholders receive a Sterling
Sterling Professional Checking ATM/debit card, free online banking, bill pay-
Our Professional checking account is an interest- ment and convenient e-statements. A monthly
bearing account1 that can be linked with additional maintenance fee will apply for accounts that do
checking, statement savings, money market, CD not meet the checking account average daily
and/or IRA accounts; the combined balances can balance requirement of $2,500 (or $3,500 in all
combined accounts).
17. DEPOSIT SERVICES
Sterling Senior No-Fee Checking There are no transaction limitations; however, in
To provide the utmost in cost-effective banking ser- order to earn interest and avoid monthly mainte-
vices to our senior community, Sterling provides no nance and transaction fees, a minimum average
fee checking for individuals aged 62 or older. This daily balance of $3,500 is required.
account waives the minimum balance requirement
and has no monthly maintenance fee; plus there Sterling At Work Checking
are no transaction limitations or per check charges. Employees of businesses enrolled in the “Sterling
At Work” program are entitled to receive a com-
Senior accountholders can also take advantage
prehensive package of complimentary financial
of free traveler’s checks, one year free safe deposit
services including:
box rental (2x5 for new accounts only), ATM/
debit card, free online banking, bill payment and F
REE checking—no minimum balance require-
convenient e-statements. Direct deposit of social ments with direct deposit of payroll or social
security or other government payments can easily security
be arranged. Joint accounts are permitted as long FREE first order of starter checks
as one accountholder is aged 62 or older. FREE online banking
Sterling NOW Checking FREE online bill pay
Sterling NOW checking is an interest-bearing FREE ATM/Debit Card
checking account, with interest compounded daily FREE ATM Services at Sterling ATM’s
and credited monthly1. Sterling also provides an
All employees of the City of New York are eligible for the Sterling At
ATM/debit card, free online banking, bill payment
Work checking account.
and convenient e-statements.
Please note:
• Sterling offers overdraft protection for qualifying checking account customers.
• n accordance with NY State banking regulations, Sterling offers Lifeline Checking. Please see a Sterling representative for details on any of these items.
I
18. DEPOSIT SERVICES
Individual Retirement Accounts (IRA) Sterling Silver Money Market Account
Sterling offers a variety of IRA accounts— Our Sterling Silver Money Market Account offers
Individual, Spousal, Roll-over, and Roth IRA’s, the convenience of an interest bearing account
available with fixed or variable interest rates. with check writing privileges. Interest is com-
pounded daily and is credited monthly.1,2
Federal regulations regarding contribution and
disbursement amounts change yearly; please
speak to a Sterling representative who can
provide you with the most recent regulations
governing IRA accounts.
Sterling Silver Savings Account
Grow your savings with the tiered interest rate
feature of our Sterling Silver Savings account.
The interest you earn is compounded daily and
credited monthly; deposits can be made in person,
by mail, or by automatic recurring transfers from
another Sterling account utilizing Sterling online
banking.1,2
(1) Interest rates fluctuate with market conditions and are subject to change without notice.
(2) here are specific regulatory requirements that govern the type and frequency of transactions for savings and money market accounts. Please refer to
T
your Account Terms Agreement for details.
20. CASH MANAGEMENT SERVICES
24/7 Phone Banking
Debit Card
E-Statements
Mobile Banking
Online Banking and Bill Pay
24/7 Phone Banking Mobile Banking
For those times when online access or fax are Sterling is pleased to offer personal accountholders
not convenient, Sterling 24/7 Phone Banking pro- mobile banking through our online banking service.
vides an automated service to check balances and Sterling Mobile Banking lets you conduct your
transactions or transfer money between accounts day-to-day banking via your cell phone. It’s fast,
by phone. easy, convenient and accessible on a wide range of
phones across several U.S. wireless carriers; plus
Debit Card your information is protected by 128-bit encryp-
The Sterling VISA® Debit Card allows you to tion, just as it is when you bank online.
make purchases at retail locations, online, on the To begin using Sterling Mobile Banking, login to
phone—anywhere Visa is accepted. The card your Sterling Online Banking account and follow
works just like a check, but with the convenience the enrollment steps.
and versatility of a credit card. Plus you can get
cash, transfer funds, and access your account Online Banking and Bill Pay
balances at virtually any ATM. Each transaction
Sterling Online Banking is the most convenient
will be reflected on your monthly statement, and
way for you to track and manage your personal
can be viewed online with Sterling Online Banking.
finances—because you can bank virtually any-
where at anytime. Sterling’s secure website allows
E-Statements
you to access account and loan information, verify
Receive your statement faster, reduce paper waste account activity, make loan payments, transfer
and have your bank account information available money, pay bills, view cleared checks, print state-
at your fingertips—all with Sterling e-statements. ments and place stop payments.
Sterling e-statements are available in conjunction
with all our deposit accounts. The day following
the end of your statement period, you will receive
an e-mail directing you to a secure web site where
you can download your statement as well as view
images of paid checks (front and back).
22. SPECIAL PROGRAMS OTHER SERVICES
Health Savings Account
Professional Banking
Residential Mortgage Loans
Safe Deposit Box
Traveler’s Checks Gift Cards
Health Savings Account coupled with our knowledgeable team ensures we
Sterling’s Health Savings Account is a tax-exempt will find the right loan to meet your individual
account allowing you to pay for qualified medical needs. Products include:
expenses you have incurred. With an HSA you • ixed Rate
F
can plan and save for medical expenses, potentially • djustable Rate (ARM)
A
realize tax savings and the account remains active • irst-time Home Buyer
F
regardless of changes in employment. Your account • onforming Jumbo
C
is accessed through checks or a Sterling Debit Card • nterest Only
I
and you can manage your account online through • o Income Verification
N
Sterling’s Online Banking. Your Sterling Customer • HA (Federal Housing Authority)
F
Service Representative can provide the most current • A (Veteran’s Administration)
V
account qualifications and contribution limitations. Financing available for single or 2–4 family homes,
second homes or investment properties, co-op
Professional Banking or condos.
Professional services firms, not-for-profits, unions,
and real estate management companies can tap into Safe Deposit Box
our Professional Banking group. Special services Protect your valuables, important documents and
include a dedicated account service team, after- computer back-up disks by storing them in a Sterling
hours emergency coverage plus VIP invitations to Safe Deposit Box. Insurance agents also recommend
Sterling sponsored-networking events and business homeowners keep photo documentation of their
development opportunities. Our experienced team home’s contents stored in a safe deposit box in the
is well-versed in creating a unique package of event they become a victim of property loss from
products to meet your particular needs. theft, fire, water, etc. Safe deposit boxes are avail-
able in several sizes and rented on an annual basis.
Residential Mortgage Loans
Sterling offers clients hands-on help every step of Traveler’s Checks Gift Cards
the way throughout the mortgage process—from Sterling National Bank clients can purchase
pre-qualification right on through to closing. Our American Express® Traveler’s Checks and Gift
experience in all types of economic environments Cards in denominations from $20 to $100.
