Sterling Bank & Trust earns honors for promoting affordable homeownership
Sterling Bancorp, Inc. (SBT)
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Source: Business Wire
Bank wins Wolters Kluwer Community Impact Award SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bank & Trust (Sterling) is helping make the dream of homeownership a reality for more low- and moderate-income families. For its efforts, the bank recently won the Wolters Kluwer Compliance Solutions 2022 Community Impact Award.Presented at Wolters Kluwer’s 26th annual CRA & Fair Lending Colloquium on Nov. 15, the national award recognizes financial institutions for the breadth and innovative application of community development programs that benefit low- and moderate-income communities. Sterling’s Tenancy-in-Common (TIC) program based out of its California branches garnered the honor for promoting affordable homeownership.“We are humbled and honored to receive this prestigious award,” said Adey Tesfaye, Sterling senior vice president and CRA officer. “Helping someone achieve the dream of homeownership is one of the greatest services a bank can provide. Homeownership enriches not only the i
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