Metropolitan Commercial Bank Appoints Dale Fredston to Board of Directors

Jan 14, 2016, 09:30 ET from Metropolitan Commercial Bank

MANHATTAN, N.Y., Jan. 14, 2016 /PRNewswire/ -- Metropolitan Commercial Bank® today announced the appointment of Dale C. Fredston to its Board of Directors. Ms. Fredston has more than 25 years of experience as an attorney and a senior executive in the banking industry. Her presence on the Board will enhance the Bank's risk management and its positioning for continued growth with exceptional customer and community service.

"We are excited to have Dale join our Board of Directors to help further our successful growth," said Mark DeFazio, President and CEO of Metropolitan Commercial Bank. "Dale's experience in risk management, commercial transactions, banking and securities regulation, and corporate law will be an invaluable asset to Metropolitan Commercial Bank as we continue to expand our presence in New York City and Long Island and provide the best possible service to our clients." Mr. DeFazio noted that recent growth initiatives included the December opening of the Bank's fifth banking center, and its first on Long Island, in Great Neck, New York.

Prior to joining the Metropolitan Commercial Bank Board, Ms. Fredston was Executive Vice President and General Counsel of Sterling Bancorp (NYSE: STL) and its principal subsidiary, Sterling National Bank. Earlier in her career, she held increasingly responsible counsel positions with Banc of America Commercial Finance Corporation, First Constitution Financial Corporation, and Manufacturers Hanover Trust Company. She began her career at the law firm of Whitman & Ransom. Her responsibilities have included legal affairs, regulatory compliance, risk management, and advising companies on major strategic, transactional, and technological developments. In 2015 she was recognized as a "Distinguished General Counsel" by the New York Stock Exchange. Ms. Fredston was also named a "Volunteer of the Year" by the Pro Bono Partnership in 2014, and is a graduate of Wellesley College and the Columbia University School of Law.

"I am impressed by Metropolitan Commercial Bank's commitment to developing relationships with its clients and working individually with them to provide the best possible banking service, and I am delighted to join its Board of Directors to help contribute to the Bank's future success," said Ms. Fredston.

About Metropolitan Commercial Bank

Metropolitan Commercial Bank, founded in 1999 and headquartered in New York City, is a full-service commercial bank with banking centers in Manhattan; Borough Park, Brooklyn; and Great Neck, Long Island. The Bank is known for its white glove personal service and its relationship-driven banking experience clients expect of a community bank. Metropolitan Commercial Bank offers a full range of commercial and personal banking services to middle-market enterprises and high-net-worth individuals that matches its largest rivals.

For more information about Metropolitan Commercial Bank and its newly-opened banking center located in Great Neck, New York, visit the company's website: www.metropolitanbankny.com

Contact: Jake Mendlinger
(516) 829-8374
jmendlinger@zimmed.com

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SOURCE Metropolitan Commercial Bank



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