Sterling National Bank

Sterling National Bank Law Firm Banking Group

Contact: Jeffrey Mercado
Email: [email protected]

Jeffrey Mercado, MBA, CFP®

Jeffrey is the Senior Managing Director and Co-Head of Law Firm Banking division. Prior to joining Sterling, Mr. Mercado spent nearly 20 years at Wells Fargo in a variety of roles, most recently as a Senior Private Banker in the Legal Specialty Group, where served as a key strategic resource for the nation’s leading law firms, leading a team of specialists to provide law firm banking solutions and services. These included corporate trust and escrow services, lines of credits, partner capital loans and lines, life insurance premium financing and retirement advisory services. 

Mr. Mercado received his MBA degree from Columbia Business School, his Bachelor of Arts degree in Economics from the University of Maryland and earned the CFP® designation by the Certified Financial Planner Board of Standards Inc. 

Mr. Mercado lives in Long Island with his wife and son.  He previously served as a Board member of El Museo in New York City. 

Law Firm Banking

At Sterling’s Law Firm Banking team, a specialty division of Sterling National Bank, you’ll find products and services designed for the legal community – and the experience to put them to work for your practice. Whether your firm needs to optimize cash flow, expedite payments or efficiently manage client accounts, your Sterling Relationship Manager is the resource you can trust to provide exceptional service and to help your firm thrive.

Solutions built around your practice

Smaller practices simplify the day to day with a choice of checking as well as escrow accounts, higher rates on savings, business credit cards with higher limits, employee banking and more.

Mid-sized firms manage more complex needs with a full range of Treasury Management solutions, and other services including analysis checking with preferential relationship pricing, attorney trust accounts, and workplace banking.

Larger corporate firms customize their own banking solution leveraging the depth and breadth of Sterling’s bank-wide offerings, including Treasury Management and e-treasury solutions, as well as an innovative pricing structure, and greater lending flexibility.

Bank Check Xpress

For law firms that routinely utilize official bank checks, Sterling’s Bank Check Xpress gives a much needed edge with remote official bank check printing solutions.