Overview / Commentary
248-351-3442
1 Towne Square, Suite 1900
Southfield, MI 48076

Sterling Bank and Trust, FSB is headquartered in Southfield and is the 5th largest bank in the state of Michigan. It is also the 308th largest bank in the nation. It was established in 1984 and as of June of 2018, it had grown to 324 employees at 28 locations. Sterling Bank and Trust, FSB's CD rates are 2X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #32232
Year Established1984
Employees324
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD2.24%
Return on Equity - YTD26.49%
Annual Interest Income$76.5MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$3.11B$2.42B
LoansQ2 2018vs Q2 2017$2.84B$2.21B
DepositsQ2 2018vs Q2 2017$2.47B$1.84B
Equity CapitalQ2 2018vs Q2 2017$272.4MM$207.0MM
Loan Loss AllowanceQ2 2018vs Q2 2017$20.3MM$16.2MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$635.00K$560.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%--Sterling Senior Club Statement Savings - Relationship
0.40%--Statement Savings
0.40%--IRA Savings
0.40%--Business Statement Savings

Sterling Bank and Trust, FSB Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%--Ambassador Club Money Market
1.10%--Premier Club Money Market
0.90%--Sterling Senior Club Money Market
0.80%--Personal Money Market
0.35%--Business Money Market

Sterling Bank and Trust, FSB Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*$500*$1mSenior Club Sterling Eagle Checking with Direct Deposit
OTHER TIERS: 0.15% Any amount
0.25%*$500*$1mPremier Club Checking with Direct Deposit
OTHER TIERS: 0.15% Any amount
0.25%*$500*$1mAmbassador Club Checking w/ Direct Deposit
OTHER TIERS: 0.15% Any amount
0.20%*$500*$1mSterling Eagle Checking with Direct Deposit
OTHER TIERS: 0.10% Any amount
0.10%--Sterling Eagle Checking without Direct Deposit

Sterling Bank and Trust, FSB CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.80%$500-30 Month CD
2.80%$500-Business 30 Month CD
2.55%$500-24 Month CD
2.55%$500-Business 24 Month CD
2.00%$500-12 Month CD
2.00%$500-Business 12 Month CD
1.90%$500-60 Month Sterling Senior Club CD
1.85%$500-60 Month CD
1.85%$500-Business 60 Month CD
1.60%$500-48 Month Sterling Senior Club CD
1.55%$500-48 Month CD
1.55%$500-Business 48 Month CD
1.30%$500-36 Month Sterling Senior Club CD
1.25%$500-36 Month CD
1.25%$500-Business 36 Month CD
0.85%$500-18 Month Sterling Senior Club CD
0.80%$500-18 Month CD
0.80%$500-Business 18 Month CD
0.45%$500-6 Month Sterling Senior Club CD
0.40%$500-6 Month CD
0.40%$500-Business 6 Month CD
0.25%$500-3 Month Sterling Senior Club CD
0.20%$500-3 Month CD
0.20%$500-Business 3 Month CD
0.10%$500-1 Month Sterling Senior Club CD
0.05%$500-1 Month CD
0.05%$500-Business 1 Month CD
Locations

Availability



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