Sterling Bank and Trust, FSB

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
2.00%	1-year CD	2.50% - Synchrony Bank 12 Month CD
1.85%	5-year CD	3.10% - Synchrony Bank 60 Month CD
0.40%	Savings	1.90% - American Express National Bank High Yield Savings Account

View all Sterling Bank and Trust, FSB rates »

Overview / Commentary

www.sterlingbank.com

248-351-3442

1 Towne Square, Suite 1900
Southfield, MI 48076

Sterling Bank and Trust, FSB is headquartered in Southfield and is the 5^th largest bank in the state of Michigan. It is also the 308^th 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.

Overall
FDIC Certificate #	32232
Year Established	1984
Employees	324
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	2.24%
Return on Equity - YTD	26.49%
Annual Interest Income	$76.5MM

Assets and Liabilities
Assets	Q2 2018vs Q2 2017	$3.11B$2.42B
Loans	Q2 2018vs Q2 2017	$2.84B$2.21B
Deposits	Q2 2018vs Q2 2017	$2.47B$1.84B
Equity Capital	Q2 2018vs Q2 2017	$272.4MM$207.0MM
Loan Loss Allowance	Q2 2018vs Q2 2017	$20.3MM$16.2MM
Unbacked Noncurrent Loans	Q2 2018vs Q2 2017	$635.00K$560.00K
Real Estate Owned	Q2 2018vs Q2 2017	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

Report an Issue

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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
0.25%^*^†	$500^*	$1m	Senior Club Sterling Eagle Checking with Direct Deposit
OTHER TIERS: 0.15% → Any amount
0.25%^*^†	$500^*	$1m	Premier Club Checking with Direct Deposit
OTHER TIERS: 0.15% → Any amount
0.25%^*^†	$500^*	$1m	Ambassador Club Checking w/ Direct Deposit
OTHER TIERS: 0.15% → Any amount
0.20%^*^†	$500^*	$1m	Sterling 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

APY	MIN	MAX	ACCOUNT NAME
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

Detroit Area

Detroit Area bank & credit union details

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.