Sterling Bancorp, Inc. and Sterling Bank and Trust, FSB Announce the Resignation of Lyle M. Wolberg from the Board of Directors, Effective March 31, 2024
March 05, 2024 at 12:28 pm EST
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On March 1, 2024, Lyle M. Wolberg notified Sterling Bancorp, Inc. of his resignation from the Board of Directors of the Company and the Board of Directors of Sterling Bank and Trust, F.S.B., effective March 31, 2024. Mr. Wolberg's resignation is not due to any disagreement on any matter relating to the Company's operations, policies or practices.
Sterling Bancorp, Inc. is a unitary thrift holding company. It operates through Sterling Bank and Trust, F.S.B. (the Bank). The Bank originates commercial real estate loans and commercial and industrial loans, and provides deposit products, including checking, savings and term certificate accounts. It also engages in mortgage banking activities and, as such, acquires, sells and services residential mortgage loans. It offers a variety of commercial loan products, such as commercial real estate loans, construction loans and commercial and industrial loans. It offers traditional depository products, including checking, savings, money market, individual retirement accounts and certificates of deposits, to individuals and businesses throughout its market areas. It operates through a network of 27 branches, of which 25 branches are located in the San Francisco and Los Angeles, California metropolitan areas, with the remaining branches located in New York, New York and Southfield, Michigan.
Sterling Bancorp, Inc. and Sterling Bank and Trust, FSB Announce the Resignation of Lyle M. Wolberg from the Board of Directors, Effective March 31, 2024
STERLING BANCORP, INC. (SOUTHFIELD, MI) 
