Stephen Leavenworth joined IDB Bank as a senior vice president and market manager for Staffing Services.

Leavenworth will lead IDB Bank’s effort to deliver financing and banking solutions to staffing firms, information technology consultants and government contractors across the U.S.

Most recently, Leavenworth was division president of the Payroll Finance division at Sterling National Bank, where he lead a team that specialized in financing staffing firms, information technology consultants and government contractors nationally. An experienced banker with more than 25 years in the financial services industry, Leavenworth previously led the middle market asset-based lending business for CIT Group. Prior affiliations include Fleet Bank.

“We’re happy to welcome Stephen to IDB Bank. His dedication to servicing the staffing industry, his leadership and operational expertise, and his abundance of financial experience are invaluable,” said IDB Bank’s Chief Lending Officer Lissa Baum. “I am confident that he will thrive in this position and make a positive contribution as a key member of our lending team at IDB.”

New York-based IDB Bank provides a complete range of personal and commercial banking, trade services and deposit products to U.S. and international clients.