August 06, 2009

Written agreement with Sterling Banks and Sterling Bank

For immediate release

The Federal Reserve Board on Thursday announced the execution of a Written Agreement by and among, Sterling Banks, Inc., a registered bank holding company, Sterling Bank, a state member bank, both of Mount Laurel, New Jersey, the Federal Reserve Bank of Philadelphia, and the New Jersey Department of Banking and Insurance.

A copy of the Written Agreement is attached.

Last Update: August 06, 2009