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400 Rella Boulevard
Montebello, NY 10901

Sterling National Bank (NY) is headquartered in Montebello and is the 16st largest bank in the state of New York. It is also the 145th largest bank in the nation. It was established in 1895 and as of December of 2013, it had grown to 977 employees at 49 locations. Sterling National Bank (NY) has a A+ health rating.

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Reviews (3)

Horrible Customer Service :(

 I called customer service and went in to my local branch to try to get an understanding as to why over $100 had been taken out of my account and the response was absurd! No one was trying to help nor understand; after several attempts I just closed my account and will continue to spread the word for other NOT to bank with this inconsiderate group of people.

Actually Pretty Okay...

In the 5 years I've had a checking account with Provident Bank, I have to say the experience was pretty okay. Customer service was always helpful, polite & accomodating in addressing errors (even my OWN...). Fees are realy no worse than other banks I was with but at least the level of calm & professionalism of individual tellers & phone reps is so refreshing that I regret moving out of their service range. They've closed several branches in the Orange county region, which is a bit of an inconvenience, but we might be able to blame the economy for a lot of that. Nonetheless, a pretty painless relationship when compared to BNY, Welles Fargone & BoA...


Beware Provident Bank of Montebello NY and their Trans Fiirst credit card processor. Being a loyal customer of Provident Bank for 25 years, I made the mistake of trusting Providents agent to get the best deal possible on my credit card processing, only to find out that I unknowingly signed up my business and personally for a 48 month terminal lease ,thats noncancellable , after she assured me it was only for 12 months. Surprisingly Provident Bank has not returned any phone calls or e-mails  OF FRAUD COMPLAINTS. If you signed up with this deal in the Rockalnd County NY area, please check your paper work and lets talk.


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 National Bank (NY) had $53.92 million in non-current loans and owned real-estate with $1 billion in equity and loan loss allowances on hand to cover it. This gives Sterling National Bank (NY) a Texas Ratio of 5.37% 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 National Bank (NY) decreased dramatically from 8.13% as of December 31, 2012 to 5.37% as of December 31, 2013, resulting in a positive change of 33.94%.This indicates that the balance sheet and financial strength for Sterling National Bank (NY) has improved dramatically in recent periods.

Deposit Growth


In the past year, Sterling National Bank (NY) has increased its total deposits by $2.06 billion, resulting in 70.02% 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 National Bank (NY) has shown is excellent.



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 National Bank (NY) has $6.63 billion in assets with $1 billion in equity, resulting in a capitalization level of 15.14%, which is excellent.

Institution Statistics

FDIC Certificate #30337
Year Established1895
Primary RegulatorOCC
Assets and Liabilities
Assets$6.63 billion
Loans$4.12 billion
Deposits$4.99 billion
Equity Capital$973.11 million
Loan Loss Allowance$30.61 million
Unbacked Noncurrent Loans$42.17 million
Real Estate Owned$11.75 million
Historic Data - December 2012
Assets$3.79 billion
Equity Capital$471.22 million
Loan Loss Allowance$28.11 million
Unbacked Noncurrent Loans$42.17 million
Real Estate Owned$7.05 million
Profit Margin - Quarterly
Net Interest Margin3.41%
Return on Assets0.17%
Return on Equity1.32%
Interest Income$151.56 million

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Sterling National Bank (NY) has 35 locations. Click to view all Sterling National Bank (NY) locations.