Montebello Newswire

Montebello Newswire

Comprehensive Real-Time News Feed for Montebello, NY.

Results 1 - 3 of 3 for "u:americanbanker.com" in Montebello, NY

  1. Sterling in N.Y. asserts it has addressed OCC issue with its CRA proceduresRead the original story w/Photo

    May 15, 2017 | American Banker

    Sterling Bancorp in Montebello, N.Y., responded to a report about its Community Reinvestment Act procedures, stating a belief that it has addressed issues raised in December by the Office of the Comptroller of the Currency.

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  2. CRA compliance issue could cause snag for Sterling-Astoria dealRead the original story w/Photo

    May 12, 2017 | American Banker

    Sterling Bancorp in Montebello, N.Y., is facing questions over Community Reinvestment Act deficiencies that could delay approval of its deal to buy Astoria Financial in Lake Success, N.Y. The Federal Reserve Board, in a May 11 letter addressed to Astoria's legal counsel, outlined several issues it wants clarified before approving Sterling's $2.2 billion acquisition of Astoria.

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  3. Sterling Bancorp to buy Astoria Financial in N.Y. for $2.2 billionRead the original story w/Photo

    Mar 7, 2017 | American Banker

    Sterling Bancorp in Montebello, N.Y., has agreed to buy Astoria Financial in Lake Success, N.Y., just a few months after other merger plans by Astoria fell through. The $14.2 billion-asset Sterling said Tuesday that it would pay $2.2 billion in cash and stock for the $14.6 billion-asset Astoria.

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