Sterling Bank and Trust
Sterling Bank and Trust is a small bank headquartered in Southfield, MI. The bank operates 14 branches in 2 states (Michigan and California). Sterling Bank and Trust has deposits of $563.3 million, and was established in April 1984.
This bank is FDIC insured - all deposits are protected for up to $250,000. Products offered by the bank include: Sterling CD, Sterling IRA CD, Business MMA, IRA Savings, Sterling MMA and Your Choice Checking.
Current Sterling Bank and Trust Rates
| Name | Term | APY | Min Deposit | |
| Sterling CD | 3 months | 0.50 % | $500 | |
| 6 months | 0.60 % | $500 | ||
| 1 year | 1.00 % | $500 | ||
| 18 months | 1.25 % | $500 | ||
| 2 years | 1.50 % | $500 | ||
| 3 years | 1.50 % | $500 | ||
| 4 years | 2.00 % | $500 | ||
| 5 years | 2.00 % | $500 | ||
| Sterling IRA CD | 3 months | 0.40 % | $500 | |
| 6 months | 0.50 % | $500 | ||
| 1 year | 0.60 % | $500 | ||
| 18 months | 1.00 % | $500 | ||
| 2 years | 1.25 % | $500 | ||
| 3 years | 1.49 % | $500 | ||
| 4 years | 1.99 % | $500 | ||
| 5 years | 2.58 % | $500 |
About Sterling Bank and Trust
Chartered in 1984, as Sterling Savings and Loan Association. The bank focused on residential mortgage lending and servicing. In 1990, expansion led to the development of the commercial real estate lending division. In 1993, the bank became Sterling Bank and Trust, FSB, with the addition of the Trust division. Sterling's headquarters is located in Southfield, Michigan. The bank also has thirteen neighborhood branches in San Francisco and one in Burlingame, California and in the main office in Southfield, Michigan.
Subscribe
Get the latest bank deals via e-mail: