With $1.6 billion in assets, Sterling Bancorp has the financial resources to serve a broad range of customers. At Sterling, we believe that our products and services are ‘equal to any and better than many.’ When clients experience Sterling’s professional execution and its value-added capabilities, they are eager to expand the relationship. This has been a basic underpinning of Sterling’s steady growth over the years.

Touro College is an independent, New York State-chartered institution of higher education, with more than 14,000 students enrolled in its associate, bachelor and graduate degree programs. Its professional programs include Touro Law School, School of Health Sciences, and its new College of Osteopathic Medicine in San Francisco. In New York, Touro’s campuses are located in Manhattan, Brooklyn, Queens and Long Island. It also has overseas campuses in Moscow, Jerusalem and Berlin, and maintains an online distance learning university.

For years, Sterling has been assisting Touro by providing term loans, equipment leasing, working capital and other financing. With Sterling’s assistance, Touro renovated its Manhattan campus and its Bay Shore Health Science Center, and upgraded its information technology infrastructure.

At the same time, Touro enjoys a wide range of Sterling’s technologically enhanced banking services. It utilizes Sterling’s Internet Banking, making online transactions, transferring funds internally and originating Internet wire transfers between accounts at other institutions for its New York and San Francisco campuses. Sterling’s merchant processing enables Touro to accept tuition and fees through Visa and MasterCard, thereby speeding up the financial aid process and improving enrollment management by helping to expedite students’ ability to pay for necessary books or equipment.

As the banking industry continues to consolidate, smaller and mid-sized organizations will increasingly be attracted to Sterling, for its big-bank capabilities and its small-bank customer attention.