Sterling State Bank is a Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC) based in Austin, Minnesota, established in 05/01/1958. Operating with a focus on Commercial Lending Specialization, it offers a broad range of financial services across its 6 domestic offices and 0 foreign offices. As of the last update on 04/12/2024, Sterling State Bank reported total assets of $547,451 and manages deposits totaling $380,402 from its domestic operations. This institution is recognized for its commitment to stability and growth, reflected in a net income of $13 thousands last year. For more details, visit their website at www.sterlingstatebank.com.
Bank Information:
- Bank Name: Sterling State Bank
- Address: 1419 1st Ave Sw, Austin, Mower, MN, 55912
- Website: www.sterlingstatebank.com
Classification and Operations:
- State: Minnesota
- Institution Class: Commercial bank, state charter, Fed non-member, supervised by the Federal Deposit Insurance Corporation (FDIC)
- Bank Class: State commercial bank, not FRS member
- Specialization: Commercial Lending Specialization
- Regulatory Reporting Form Number:
Bank Office and Assets:
- Number of Domestic Offices: 6
- Number of Foreign Offices: 0
- Total Assets: $547,451
- Total Deposits: $380,402
- Domestic Office Deposits: $380,402
Financial Data:
- Net Income (Attributable to Bank): $13
Establishment and Record:
- Established Date: 05/01/1958
- Last Recorded Data on: 04/12/2024