Banks | Sterling National Bank

Sterling National Bank

Our records indicate that this bank has been acquired by Webster Bank, National Association.


Sterling National Bank is an FDIC insured institution headquartered at 2 Blue Hill Plz, Pearl River, NY 10965.
It was founded in 1895 and has approximately $30 billion in assets. Customers can open an account at one of its 150 branches.

Deposit Rates - November 5, 2024

SAVINGS RATES APY MIN
Savings
0.01% $2,500 Compare
CD RATES APY MIN
6 Mo CD
0.25% $10,000 Compare
6 Mo CD
0.25% $100,000 Compare
12 Mo CD
0.10% $10,000 Compare
12 Mo CD
0.10% $100,000 Compare
18 Mo CD
0.25% $10,000 Compare
18 Mo CD
0.25% $100,000 Compare
24 Mo CD
0.25% $10,000 Compare
24 Mo CD
0.25% $100,000 Compare
36 Mo CD
0.25% $10,000 Compare
36 Mo CD
0.25% $100,000 Compare
48 Mo CD
0.25% $10,000 Compare
48 Mo CD
0.25% $100,000 Compare
60 Mo CD
0.25% $10,000 Compare
60 Mo CD
0.25% $100,000 Compare
MM RATES APY MIN
Money Market
0.01% $2,500 Compare
Money Market
0.01% $10,000 Compare
Money Market
0.01% $25,000 Compare
VARIABLE IRA RATES APY MIN
Var IRA
0.01% $1
INT CHECKING RATES APY MIN
Int Ckg
0.01% $2,500

Overview 2024

General Bank Information

FDIC Insured Yes
FDIC Certificate # 30337
Date Established 1895
Assets $ 29.56 billion
Loans $ 21.09 billion
Deposits $ 22.96 billion
Capital $ 5.20 billion

Summary Balance Sheet as of March 31, 2024

ASSETS
Cash & Balances due from depository institutions $ 307.89 million
Interest-bearing balances $ 215.69 million
Total securities $ 4.43 billion
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 21.09 billion
Loan loss allowance $ 278.23 million
Trading account assets $ 69.52 million
Bank premises and fixed assets N.A.
Other real estate owned $ 0.20 million
Goodwill and other intangibles $ 1,714.42 million
All other assets $ 1,749.24 million
     Total Assets $ 24.35 billion

LIABILITIES
Total deposits $ 22.96 billion
      Interest-bearing deposits $ 16.53 billion
      Deposits held in domestic offices $ 22.96 billion
      % insured (estimated) 53.62%
Federal funds purchased and repurchase agreements $ 178.01 million
Trading liabilities $ 26.00 million
Other borrowed funds $ 542.00 million
Subordinated debt N.A.
All other liabilities $ 649.19 millionn
      Total Liabilities $ 24.35 billion
      Shareholders’ Equity $ 5.20 billion

Summary Income Statement as of March 31, 2024

INCOME AND EXPENSES
Total Interest Income $ 917.92 million
Total Interest Expense $ 30.08 million
Net interest income $ 887.84 million
Provision for loan and lease losses N.A.
Total non interest income $ 133.96 million
Total non interest expense $ 462.66 million
Pre-tax Net Operating Income $ 564.29 million

Customer Reviews for Sterling National Bank (2)

Rated 3.00 stars out of 5 - based on 2 reviews

  • This one sucks and not just a little bit.

    BrioDirect

    Nov 5, 2024

    Dear Sleepys, We would like to have a better understanding about your experience. Please reach out to us at care@briodirectbanking.com at your earliest convenience and we will do our best to resolve this with you. Please do not share account or SSN numbers in this communication.

  • Saw bad reviews on several other sites; had reservations but opened account anyway because rate was good. Have not been disappointed.

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Sterling National Bank Locations

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