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Overview / Commentary
234 East La Salle Avenue
Barron, WI 54812

Sterling Bank is headquartered in Barron and is the 101st largest bank in the state of Wisconsin. It is also the 2,899th largest bank in the nation. It was established in 1885 and as of December of 2013, it had grown to 52 employees at 4 locations. Sterling Bank's savings rates are 5X the national average, and it has a B+ health rating.

Reviews (1)

$5,500 Incorrect Charge not corrected.

Do not invest your money at Sterling Bank.

Sterling bank rolled over a $182,000 3.39% 2-year CD to a 0.55% 2-year CD without my approval.. I wanted to transfer the cash to TIAA at 3% no time limit.  They would not correct their error, and wanted to charge me $5,500 to cancel the incorrect CD.


Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Sterling Bank had $1.18 million in non-current loans and owned real-estate with $19.58 million in equity and loan loss allowances on hand to cover it. This gives Sterling Bank a Texas Ratio of 6.03% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Sterling Bank increased slightly from 1.00% as of December 31, 2012 to 6.03% as of December 31, 2013, resulting in a negative change of 503.58%. This indicates that the balance sheet and financial strength for Sterling Bank has declined slightly in recent periods.

Deposit Growth


In the past year, Sterling Bank has decreased its total deposits by -$1.2 million, resulting in -0.65% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Sterling Bank has shown is average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Sterling Bank has $213.03 million in assets with $19.58 million in equity, resulting in a capitalization level of 9.19%, which is average.

Institution Statistics

FDIC Certificate #6195
Year Established1885
Primary RegulatorFDIC
Assets and Liabilities
Assets$213.03 million
Loans$139.28 million
Deposits$183.87 million
Equity Capital$17.87 million
Loan Loss Allowance$1.72 million
Unbacked Noncurrent Loans$1.02 million
Real Estate Owned$162,000
Historic Data - December 2012
Assets$206.91 million
Equity Capital$17.33 million
Loan Loss Allowance$1.69 million
Real Estate Owned$190,000
Profit Margin - Quarterly
Net Interest Margin3.82%
Return on Assets1.76%
Return on Equity20.26%
Interest Income$8.99 million

Always verify rates and promotions with the bank or credit union. We are not Sterling Bank, we are a rate comparison website and can not provide official rates or promotions.

Sterling Bank Savings Account Rates

2.53%$50k-Health Savings Account
0.90%$250k-IRA Variable Savings
0.40%$25k-Century Savings
0.30%$250k-Statement Savings
0.15%--Sterling Club

Sterling Bank Money Market Rates

0.15%$50k-Money Market Account

Sterling Bank Checking Account Rates

0.05%$2,500-Regular Checking

Sterling Bank CD Rates

1.36%$10k-60 Month CD
1.00%$25k-36 Month CD
0.80%$10k-30 Month CD
0.70%$10k-24 Month CD
0.50%$10k-18 Month CD
0.40%$25k-12 Month CD
0.40%$10k-15 Month CD
0.25%$10k-9 Month CD
0.20%$10k-182 Day CD

Sterling Bank Locations
Sterling Bank234 East LA Salle AvenueBarron, WI 54812
Luck Branch2547 State Route 35Luck, WI 54853
Rice Lake Branch311 North Main StreetRice Lake, WI 54868
Chetek Branch427 Second StreetChetek, WI 54728