Press Release: Damian Services : Sterling Bancorp Acquires Damian Services Corporation, a Specialized Payroll Services Provider

MONTEBELLO, NY--(Marketwired - March 02, 2015) - Sterling Bancorp (NYSE: STL), through its principal subsidiary Sterling National Bank, today announced that it has completed the acquisition of Damian Services Corporation ("Damian"), a privately-held provider of payroll funding and related services. Terms of the transaction were not disclosed.