Sterling Bank and Trust, FSB is headquartered in SOUTHFIELD and is the 8th largest bank in the state of Michigan. It is also the 501st largest bank in the nation. It was established in 1984 and as of September of 2024, it had grown to 226 employees at 27 locations. Sterling Bank and Trust, FSB has an A health rating.
Opened eagle checking account yesterday. Excellent customer service experience. 300 bonus requires 500 opening deposit and TWO DD of 500 each for consecutive 60 days. 500 per month. Durable and easy. Unfortunately offer available only in the branch.
Overall | |
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FDIC Certificate # | 32232 |
Year Established | 1984 |
Employees | 226 |
Primary Regulator | OCC |
Profit Margin | |
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Return on Assets - YTD | 0.25% |
Return on Equity - YTD | 1.93% |
Annual Interest Income | $101.5MM |
Assets and Liabilities | ||
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Assets | Q3 2024vs Q3 2023 | $2.43B$2.45B |
Loans | Q3 2024vs Q3 2023 | $1.2B$1.38B |
Deposits | Q3 2024vs Q3 2023 | $2.08B$2.06B |
Equity Capital | Q3 2024vs Q3 2023 | $322MM$303.7MM |
Loan Loss Allowance | Q3 2024vs Q3 2023 | $25MM$34.3MM |
Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $13.2MM$6.2MM |
Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |
Rates for Sterling Bank and Trust, FSB are currently being reviewed.