The deal includes 25 branches, $900 million in loans and $2 billion in deposits; but not Sterling’s sole Michigan branch or its $372.9 million portfolio of residential tenant-in-common mortgage loans.

where they made good financial sense for them but not the bank. Banks are closing a record number of branches, not only because of M&A deals but also for financial reasons, such as generating cash to ...

According to the analyzed data, bank closures have been on the rise for more than a decade, with the number of physical branch locations consistently trending downward since 2012. Attributable to ...

Sterling Bank and Trust has agreed to be sold to a Florida-based financial institution for $261 million, its holding company ...

The future of TGI Fridays, including its restaurants in Surrey, is in doubt after the company put all its UK branches up for sale as its share price collapsed. The owners are hoping for a rapid sale ...

Sterling Bancorp, Inc., the Southfield-based parent company of Sterling Bank and Trust, said Monday it has entered into an ...

FOUR major high street banks are closing nearly 20 branches for good next week in a blow for households. Halifax, Lloyds, Royal Bank of Scotland (RBS) and TSB are shutting 18 sites across the UK ...

Sterling Bancorp, Inc. (SBT), the holding company of Sterling Bank and Trust, F.S.B., announced Monday that the Company has entered ...

A MAJOR bargain chain with 187 branches has launched a 50% closing down sale as it prepares to close a "brilliant" store for good. The Original Factory Shop (TOFS) has confirmed that it is closing ...

Sterling Bancorp (NASDAQ:SBT) said EverBank Financial will acquire all the stock of Sterling Bank and Trust, F.S.B for fixed ...