Sterling Bancorp

  www.sterlingbancorp.com
  www.sterlingbancorp.com
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Sterling Bancorp Reviews

Updated August 19, 2014
Updated August 19, 2014
11 Reviews
2.6
11 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Sterling Bancorp Chairman and CEO; Chairman, Sterling National Bank Louis J. Cappelli
Louis J. Cappelli
2 Ratings

Employee Reviews

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  1.  

    Sterling National Mortgage

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Sterling Bancorp full-time

    Pros

    A good company to work for.

    Cons

    Very little room for advancement.

  2.  

    Worst Employment Experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director  in  New York, NY
    Former Employee - Managing Director in New York, NY

    I worked at Sterling Bancorp full-time for more than a year

    Pros

    My colleagues were for the most part great. They are all professional and knowledgeable.

    Cons

    When you are hired it seems that you will be earning a comparable salary and bonus structure to other bank's. Their contribution report keeps changing and there is no way to make money when they hit you for egregious charges. You are left to sink or swim as there is no leadership or management. Executive Management is just there to sell the company, make millions, and get out instead of creating a long lasting institution for their clients. This is a commercial bank that still is operating as a small upstate bank with those in charge having little experience in the market and clients they are serving and believe their way is best. There is absolutely no collaboration. Provident Bank under the new leadership is a disaster for Sterling which was a solid bank and brand in the market. Provident's leadership is destroying what is left of Sterling. Human Resources is a joke, when a complaint is made they never even bother to call you back.

    Advice to ManagementAdvice

    Consistently lying to employees and not having a transparent written policy for your contribution report is ridiculous. Upper management continues to lie and are not there to support the business or deals. When you need a response on a deal or a form signed for a customer it takes weeks to track down and get a response from an executive. There is just absolutely zero executive support and the CEO is just focused on buying more banks, create more profits, and sell. I have never experienced a less professional atmosphere in my life.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  3.  

    Very professionl and well run bank.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Loan Officer  in  New York, NY
    Current Employee - Loan Officer in New York, NY

    I have been working at Sterling Bancorp full-time for more than a year

    Pros

    We have so many channels to approve mortgages. There isn't a bank in New York with more options.

    Cons

    The rates on our jumbo products usually lags the larger banks.

    Advice to ManagementAdvice

    Keep up the good work!

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Good benefits, but not a good company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Sterling Bancorp full-time for more than 10 years

    Pros

    The bank offers good benefits, such as health, dental and eye
    care, as well as a 401K.

    Cons

    Middle/District management in some of the financial centers lack leadership qualities and fail to foster a positive environment. They prefer to produce results through threats and intimidation. They care about sales, not the clients. They resemble playground bullies. There is no room for individuality.

    Advice to ManagementAdvice

    My advice to upper management is to become more connected with the employees in their financial centers.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    different

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Sterling Bancorp full-time

    Pros

    benefits vacation work change women

    Cons

    the people the staff the workers too many fakes

  7. 1 person found this helpful  

    I have had no guidance, training, opportunities for growth or consistent management since day one.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Sterling Bancorp full-time

    Pros

    Benefits, large corporation, internal transfers

    Cons

    Turnover, buyout, no consistency in leadership, no guidance, no consideration of skill set to be of maximum use

    Advice to ManagementAdvice

    Need department head with consistent management, expectations, training, insight, consideration of experience to direct to proper use, desire to help employees grow not just be a guinea pig

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  8. 1 person found this helpful  

    Beware of office politics!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Vice President  in  New York, NY
    Former Employee - Vice President in New York, NY

    I worked at Sterling Bancorp full-time for more than 10 years

    Pros

    Well designed secure workplace. The management obviously takes a lot of pride in the appearance of their offices.

    Cons

    Disgraceful office politics in at least one division that would best be described as being a good ole boy social club.

    Advice to ManagementAdvice

    Hire business unit leaders that have real management experience instead of promoting salesmen masquerading as managers.

    Doesn't Recommend
    Positive Outlook
    No opinion of CEO
  9.  

    Great place to work.

    Former Employee - Intern  in  New York, NY
    Former Employee - Intern in New York, NY

    I worked at Sterling Bancorp as an intern

    Pros

    SNB is all about personal service. This means that the other employees that work there are very personable and make the office experience enjoyable. I loved the team I was working with. The location could not have been better either, right in the heart of Manhattan.

    Cons

    You must keep your jacket on at all times when the Chairman is around. The bank is a bit conservative. They could use new technology in the office as well. They still ink your hand for finger prints while going through the hiring process.

    Advice to ManagementAdvice

    Keep up the great work.

  10. 1 person found this helpful  

    Sterling National Bank is very disorganized and loses alot of customers documents. Trust me, don't bank here

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant  in  New York, NY
    Current Employee - Assistant in New York, NY

    I have been working at Sterling Bancorp full-time for more than 5 years

    Pros

    Sterling Bank lets you get away with taking two hour lunches

    Cons

    loses customers documents, customers get bounced alot to different employees and get no satisfaction when phone call is over

    Advice to ManagementAdvice

    wake up

    Doesn't Recommend
    Negative Outlook
  11.  

    good people to work for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Teller  in  New York, NY
    Current Employee - Teller in New York, NY

    I have been working at Sterling Bancorp

    Pros

    nice working atmosphere very friendly staff

    Cons

    many hoops to jump through for a increase of salary

    Advice to ManagementAdvice

    Immediate management was great, however difficult to rise up the ranks

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