This Privacy Policy applies to individuals. This Privacy Policy also applies to individual owners, partners, shareholders, officers and guarantors (collectively, the "Principals") of businesses with a relationship with the Sterling Family of Companies, a partial list of which is described below.

We will tell you below the sources for nonpublic personal information we collect on our customers, their businesses (where applicable) and information provided by individuals in connection with business accounts and loans. We will tell you what measures we take to secure that information. We first define some terms:

Nonpublic personal information means information about you, and your business (where applicable), that we collect in connection with providing a financial product or service to you. Nonpublic personal information does not include information that is available from public sources, such as telephone directories or government records.

An affiliate is a company we own or control, a company that owns or controls us or a company that is owned or controlled by the same company that owns or controls us. Ownership does not mean complete ownership, but means owning enough to have control.

A nonaffiliated third party is a company that is not an affiliate of ours.

SOURCES OF THE NONPUBLIC INFORMATION THAT WE COLLECT

We collect nonpublic personal information about you from the following sources:

· Information we receive from you on applications or other forms
· Information about your transactions with us
· Information about your transactions with our affiliates
· Information about your transactions with nonaffiliated third parties
· Information from a consumer reporting agency

MEASURES THAT WE TAKE TO ENSURE THE CONFIDIENTIALITY, SECURITY, AND INTEGRITY OF YOUR NONPUBLIC PERSONAL INFORMATION

We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. Employees are required to adhere to our policies of protecting customer confidentiality.

We maintain physical, electronic and procedural safeguards that comply with federal standards to guard your nonpublic personal information.

We require independent contractors and outside companies, who work with us to provide you with financial products and services, to adhere to strict privacy standards through their contracts with us.

NONPUBLIC PERSONAL INFORMATION AND AFFILIATES

SHARING WITH AFFILIATES: We may disclose, among the Sterling Family of Companies, nonpublic personal information about current and former customers including the following transactions and experience information from our account records:

· Name
· Address
· Account balances
· Account activity
· Types of accounts
· Payment history
· Deposit history

Federal law allows us to disclose the information listed above among the Sterling Family of Companies. You do not have a right to opt-out of the disclosure of this information.

MARKETING BY AFFILIATES

Although we may share information among the Sterling Family of Companies, as permitted above, you may tell us to limit affiliates from marketing products and services to you if you do not have an account or business relationship with such affiliates. These marketing offers are based on your personal information that an affiliate receives from another member of the Sterling Family of Companies and includes, but is not limited to, your income and your account and credit history with us.

Your right to limit these marketing offers became effective as of October 1, 2008 and will apply for five (5) years from when you tell us your choice. After five (5) years, you will receive a renewal notice from us that will allow you to continue to limit our affiliate marketing.

You may choose to limit these marketing offers by:

Please note that if you have a joint account, each joint account holder may choose to limit these marketing offers separately and joint account holders may choose to limit these marketing offers for each other. If only one joint account holder chooses to limit these marketing offers, information about the other joint account holder may be shared.

You do not need to contact us unless you want to make the privacy choice listed above.

Types of Affiliates

We may disclose nonpublic personal information about you to the following types of affiliates:

NONPUBLIC PERSONAL INFORMATION AND NONAFFILIATED THIRD PARTIES

NONPUBLIC PERSONAL INFORMATION AND FORMER CUSTOMERS

INFORMATION SHARING IN GENERAL

The following are examples of ways which we may share information:

THE STERLING FAMILY OF COMPANIES:

Sterling Bancorp
Sterling National Bank
Sterling Factors Corporation
Sterling Resource Funding Corp.
Sterling National Mortgage Company, Inc.