Sterling State Bank Reviews and Rates

Sterling State Bank is headquartered in AUSTIN and is the 44^th largest bank in the state of Minnesota. It is also the 1,718^th largest bank in the nation. It was established in 1958 and as of September of 2024, it had grown to 57 employees at 6 locations. Sterling State Bank has a B+ health rating.

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Health

B+

Data as of Q3 2024

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Health Grade Components

Overall
FDIC Certificate #	17863
Year Established	1958
Employees	57
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.27%
Return on Equity - YTD	6.92%
Annual Interest Income	$15.5MM

Assets and Liabilities
Assets	Q3 2024vs Q3 2023	$534.8MM$499.7MM
Loans	Q3 2024vs Q3 2023	$285.9MM$263.1MM
Deposits	Q3 2024vs Q3 2023	$353.7MM$352.5MM
Equity Capital	Q3 2024vs Q3 2023	$25.7MM$11.8MM
Loan Loss Allowance	Q3 2024vs Q3 2023	$3.3MM$3.4MM
Unbacked Noncurrent Loans	Q3 2024vs Q3 2023	$247K$30K
Real Estate Owned	Q3 2024vs Q3 2023	$960K$960K

TODAY'S FEATURED RATES

Member FDIC

4.50%

Our Rating

3.5 / 5

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Member FDIC

3.80%

Our Rating

4.2 / 5

American Express®

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Member FDIC

4.46%

Our Rating

4.0 / 5

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Member FDIC

4.55%

Our Rating

4.2 / 5

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Rates

Sorry, we do not have rate data for Sterling State Bank.

Locations

Sterling State Bank Locations
Rochester 25th Street Branch	10 25th Street Se	Rochester, MN 55904
Rochester Facility	4200 Badger Hills Dr Nw	Rochester, MN 55901
Savage Branch	14185 Highway 13 South	Savage, MN 55378
Sterling State Bank	1419 1st Ave Sw	Austin, MN 55912
Lakeville Branch	16366 Kenrick Avenue	Lakeville, MN 55044
Apple Valley Branch	4520 150th Street West	Apple Valley, MN 55124

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