Sterling Bancorp Reviews

Updated August 20, 2015
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Sterling Bancorp CEO/President Jack L. Kopnisky
Jack L. Kopnisky
4 Ratings

25 Employee Reviews

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  1. managing director

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Administrator in New York, NY
    Current Employee - Administrator in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    flexiblility, friendly work environment, easy accessibility, senior management very supportive, can move up easily if productive

    Cons

    unorganized, reviews are not given annual, no communication between department, credit department is over worked and short staffed


  2. V.P. Managing Director

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - VICE PRESIDENT-MANAGING DIRECTOR in Hackensack, NJ
    Former Employee - VICE PRESIDENT-MANAGING DIRECTOR in Hackensack, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Sterling Bancorp (More than 3 years)

    Pros

    The positive reasons for working at Sterling were lost upon the acquisition by Provident Bank of NY. Only the name remains.

    Cons

    Institution has just gone through second acquisition in 2 years. Turnover and internal organization is in flux as situation as situation has grown worse pertaining to value of staffs in accordance with client value and relationship management.

    Advice to Management

    Learn the value of internal officers and staffs before you downsize only to bring in new people to replace them. Not logical in any respect.


  3. sales assistant

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant in Bay Shore, NY
    Former Employee - Assistant in Bay Shore, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Sterling Bancorp (More than 5 years)

    Pros

    there were no pros could name

    Cons

    there were too many to name

    Advice to Management

    hire and respect knowledgeable people regardless of age


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  5. Helpful (1)

    computer operations analyst / help desk analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Computer Operations Analyst/Help Desk Analyst in Nutley, NJ
    Former Employee - Senior Computer Operations Analyst/Help Desk Analyst in Nutley, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Sterling Bancorp full-time (More than 8 years)

    Pros

    you might be able to negotiate a good salary.

    Cons

    Soon, they are going through another merger.

    Advice to Management

    bye!


  6. Helpful (1)

    Vice President

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in Montebello, NY
    Former Employee - Vice President in Montebello, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Sterling Bancorp full-time (Less than a year)

    Pros

    Small culture, get to know everyone. Hands-on experience.

    Cons

    CEO is only interested in acquisitions, 3rd merger in process within the last 5 years. Low morale bad company culture. People are looking to get out of the company as you never know when the next round of lay-offs are coming up. Lack of leadership and transparency. Middle to senior management lacks talent. People with inadequate skill-set are in senior positions.

    Advice to Management

    Hire talented people and get rid of poor talent at the senior management level. Treat employees with respect and dignity.


  7. Formerly employed by namesake predecessor

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Company is in an acquisition mode and expanding into new markets and product lines. Additional positions and advancement opportunities may become available due to the rapid expansion and growth, although personnel stability is a concern.

    Cons

    Despite the marketing message, my experience from the last acquisition was two very dissimilar cultures and a good percentage of areas where there was little or no product overlap, particularly on the former Sterling National Bank side. There was significant lack of commercial banking experience on the acquirer's side. While a good move from the acquisition (shareholder) side, not desirable from client service and support side. Most of the former Sterling National support team was let go and there was a significant number of business generation personnel from the acquired company who left the new company shortly after acquisition due the cultural differences. The new company has been in constant flux on the personnel end, which is a major concern.

    Advice to Management

    If the new Sterling National Bank's strategic plan is to become a major regional bank, they need to seriously assess current and acquired talent to ensure adequate product knowledge and delivery for success in the metro New York market. The strategy has been skewed toward cost reduction through staffing eliminations rather than business expansion through organic growth and client experience. If competing in the commercial bank arena in a very competitive market, there needs to be a culture that fully understands and supports its mission rather than one that is worried about when their position will be eliminated.


  8. senior clerk

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Clerk in New York, NY
    Current Employee - Senior Clerk in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Sterling Bancorp full-time

    Pros

    The time that I have been here

    Cons

    The changes that. Have happen.

    Advice to Management

    Go back to the old ways they worked


  9. Very good company to work for.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Associate in New York, NY
    Current Employee - Client Service Associate in New York, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Sterling Bancorp full-time (More than a year)

    Pros

    The people are very welcoming and happy. HR works with you 100% and cares. Small bank so you get to meet and know a lot of staff including upper up.

    Cons

    Unreal goals, management can sometimes be a little aggressive but nothing out of the ordinary. Lack of staff. hire the staff that is needed in the financial centers, we have to ask for help from other financial centers too often.

    Advice to Management

    Hire the people that are needed.


  10. Helpful (1)

    Manager

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Used to be responsive smart credit operation. Took risks but was careful.

    Cons

    Arbitrary decisions by management not based on performance.


  11. Vice President

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Growing fast, aggressive, nice people

    Cons

    Nothing really wrong great atmosphere



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