Sterling Bank and Trust, FSB

Overview / Commentary
1 Towne Square, Suite 165
Southfield, MI 48076

Sterling Bank and Trust, FSB is headquartered in Southfield and is the 4th largest bank in the state of Michigan. It is also the 296th largest bank in the nation. It was established in 1984 and as of September of 2020, it had grown to 300 employees at 30 locations. Sterling Bank and Trust, FSB has a B health rating.


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Health Grade Components

FDIC Certificate #32232
Year Established1984
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.13%
Return on Equity - YTD1.31%
Annual Interest Income$116.5MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$3.93B$3.32B
LoansQ3 2020vs Q3 2019$2.63B$2.91B
DepositsQ3 2020vs Q3 2019$3.15B$2.70B
Equity CapitalQ3 2020vs Q3 2019$379.4MM$335.8MM
Loan Loss AllowanceQ3 2020vs Q3 2019$48.3MM$21.2MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$83.2MM$10.0MM
Real Estate OwnedQ3 2020vs Q3 2019$167.00K$0
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Always verify rates and promotions with the bank or credit union. We are not Sterling Bank and Trust, FSB; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Sterling Bank and Trust, FSB Savings Account Rates

0.15%--Sterling Club Statement Savings
0.10%--Statement Savings
0.10%--IRA Savings
0.10%--Business Statement Savings

Sterling Bank and Trust, FSB Money Market Rates

0.35%--Ambassador Club Money Market
0.20%--Sterling Club Money Market
0.20%--Premier Club Money Market
0.15%--Personal Money Market
0.10%--Business Money Market

Sterling Bank and Trust, FSB Checking Account Rates

0.06%--Sterling Club Eagle Checking
0.06%--Premier Club Sterling Eagle Checking
0.06%--Ambassador Club Sterling Eagle Checking
0.01%--Sterling Eagle Checking
0.01%--Sterling Eagle Checking with Direct Deposit

Sterling Bank and Trust, FSB CD Rates

0.70%$500-36 Month Sterling Club CD
0.70%$500-48 Month Sterling Club CD
0.70%$500-60 Month Sterling Club CD
0.65%$500-36 Month CD
0.65%$500-48 Month CD
0.65%$500-60 Month CD
0.65%$500-Business 36 Month CD
0.65%$500-Business 48 Month CD
0.65%$500-Business 60 Month CD
0.55%$500-24 Month Sterling Club CD
0.50%$500-24 Month CD
0.50%$500-Business 24 Month CD
0.35%$500-18 Month Sterling Club CD
0.30%$500-18 Month CD
0.30%$500-12 Month Sterling Club CD
0.30%$500-Business 18 Month CD
0.25%$500-12 Month CD
0.25%$500-Business 12 Month CD
0.15%$500-6 Month Sterling Club CD
0.10%$500-6 Month CD
0.10%$500-1 Month Sterling Club CD
0.10%$500-3 Month Sterling Club CD
0.10%$500-Business 6 Month CD
0.05%$500-1 Month CD
0.05%$500-3 Month CD
0.05%$500-Business 1 Month CD
0.05%$500-Business 3 Month CD

Sterling Bank and Trust, FSB IRA Rates

0.70%$500-36 Month Sterling Club IRA
0.70%$500-48 Month Sterling Club IRA
0.70%$500-60 Month Sterling Club IRA
0.65%$500-36 Month IRA
0.65%$500-48 Month IRA
0.65%$500-60 Month IRA
0.55%$500-24 Month Sterling Club IRA
0.50%$500-24 Month IRA
0.35%$500-18 Month Sterling Club IRA
0.30%$500-18 Month IRA
0.30%$500-12 Month Sterling Club IRA
0.25%$500-12 Month IRA
0.15%$500-6 Month Sterling Club IRA
0.10%$500-6 Month IRA
0.10%$500-1 Month Sterling Club IRA
0.10%$500-3 Month Sterling Club IRA
0.05%$500-1 Month IRA
0.05%$500-3 Month IRA


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