Sterling Bank and Trust, FSB

Popular Accounts at this Bank

APY	ACCOUNT TYPE	HOW THEY COMPARE
3.00%	5-year CD	3.10% - Synchrony Bank 60 Month CD
2.00%	1-year CD	2.65% - Barclays 12 Month Online CD
0.40%	Savings	2.00% - Ally Bank Online 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 309^th largest bank in the nation. It was established in 1984 and as of September of 2018, it had grown to 331 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	331
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	2.2%
Return on Equity - YTD	25.64%
Annual Interest Income	$118.2MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$3.20B$2.64B
Loans	Q3 2018vs Q3 2017	$2.91B$2.40B
Deposits	Q3 2018vs Q3 2017	$2.55B$2.16B
Equity Capital	Q3 2018vs Q3 2017	$287.8MM$227.8MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$20.8MM$17.2MM
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$334.00K$788.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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* 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 Club Statement Savings
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
2.10%^†	-	-	Ambassador Club Money Market
1.20%^†	-	-	Premier Club Money Market
1.00%^†	-	-	Sterling Club Money Market
0.90%^†	-	-	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	Sterling Club Eagle Checking
OTHER TIERS: 0.15% → Any amount
0.25%^*^†	$500^*	$1m	Premier Club Sterling Eagle Checking
OTHER TIERS: 0.15% → Any amount
0.25%^*^†	$500^*	$1m	Ambassador Club Sterling Eagle Checking
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

Sterling Bank and Trust, FSB CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.05%^†	$500	-	36 Month Sterling Club CD
3.05%^†	$500	-	48 Month Sterling Club CD
3.05%^†	$500	-	60 Month Sterling Club CD
3.00%^†	$500	-	36 Month CD
3.00%^†	$500	-	48 Month CD
3.00%^†	$500	-	60 Month CD
3.00%^†	$500	-	Business 36 Month CD
3.00%^†	$500	-	Business 48 Month CD
3.00%^†	$500	-	Business 60 Month CD
3.00%^†	$500	-	30 Month CD
3.00%^†	$500	-	Business 30 Month CD
2.93%^†	$500	-	24 Month Sterling Club CD
2.88%^†	$500	-	24 Month CD
2.88%^†	$500	-	Business 24 Month CD
2.68%^†	$500	-	15 Month CD
2.68%^†	$500	-	Business 15 Month CD
2.05%^†	$500	-	12 Month Sterling Club CD
2.00%^†	$500	-	12 Month CD
2.00%^†	$500	-	Business 12 Month CD
0.85%^†	$500	-	18 Month Sterling Club CD
0.80%^†	$500	-	18 Month CD
0.80%^†	$500	-	Business 18 Month CD
0.45%^†	$500	-	6 Month Sterling Club CD
0.40%^†	$500	-	6 Month CD
0.40%^†	$500	-	Business 6 Month CD
0.25%^†	$500	-	3 Month Sterling Club CD
0.20%^†	$500	-	3 Month CD
0.20%^†	$500	-	Business 3 Month CD
0.10%^†	$500	-	1 Month Sterling Club CD
0.05%^†	$500	-	1 Month CD
0.05%^†	$500	-	Business 1 Month CD

Sterling Bank and Trust, FSB IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%^†	$500	-	36 Month IRA
3.00%^†	$500	-	48 Month IRA
3.00%^†	$500	-	60 Month IRA
3.00%^†	$500	-	30 Month IRA
2.88%^†	$500	-	24 Month IRA
2.68%^†	$500	-	15 Month IRA
2.00%^†	$500	-	12 Month IRA
0.80%^†	$500	-	18 Month IRA
0.40%^†	$500	-	6 Month IRA
0.20%^†	$500	-	3 Month IRA
0.05%^†	$500	-	1 Month IRA

Locations

Availability

Detroit Area

Detroit Area bank & credit union details

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