Austin, MN
Bank Sterling State Bank
Sterling State Bank is a federally insured bank based in Austin, Minnesota.
- Type
- Bank
- Charter
- State-chartered commercial bank, not a Federal Reserve member
- Primary regulator
- FDIC
- Established
- May 1, 1958
- Headquarters
- Austin, MN
- FDIC certificate #
- 17863
- Fed RSSD ID
- 144155
- Holding company
- Sterling Financial Group Inc
- Website
- www.sterlingstatebank.com
$462.3M
Total assets Data as of Q1 2026
$363.6M
Total deposits Data as of Q1 2026
6
Branch locations Data as of Q1 2026
$1.1M
Net income Data as of Q1 2026
0.92%
Return on assets Data as of Q1 2026
Source: U.S. FDIC BankFind & NCUA 5300 Call Report (public data). Data sources · Data as of Q1 2026
Branches by state
Sterling State Bank operates 6 branch locations in Minnesota. Select a state to drill down to its towns and individual branches.
Ownership
Sterling State Bank is owned by Sterling Financial Group Inc. See the full ownership & merger history.
Sterling State Bank financial summary
Other banks in Minnesota
Federally insured banks headquartered in Minnesota, by total assets.
- Ameriprise Bank, FSB $25.51B
- Bridgewater Bank $5.32B
- Frandsen Bank & Trust $3.69B
- Stearns Bank National Association $3.3B
- Minnwest Bank $2.97B
- Merchants Bank, National Association $2.93B
- Tradition Capital Bank $2.68B
- Think Mutual Bank $2.27B
Similar-size banks
Institutions close to Sterling State Bank’s $462.3M in assets.
- Ameristate Bank $462.2M
- Oak Bank $462.1M
- The Hometown Savings Bank $461.9M
- Gold Coast Bank $463.1M
- Citizens National Bank of Cheboygan $463.9M
- High Plains Bank $460.5M