Sterling Bancorp has completed its previously announced merger with Hudson Valley Holding, forming an institution with $11.2 billion in assets.
Sterling Bancorp and Hudson Valley Holding jointly announced they have received the approval of the OCC to consummate the merger of Hudson Valley with and into Sterling.
Sterling Bancorp and Hudson Valley Holding entered into a definitive merger agreement resulting in a regional bank with $10.5 billion in assets.
Hudson Valley Holding named Scott J. Skorobohaty to serve as EVP, chief banking officer of the commercial bank.
Hudson Valley Holding named John M. Swadba as chief credit officer of Hudson Valley Bank. Previously Swadba served as a market analyst and strategy consultant with Inveraray Capital Management.