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Sterling State Bank
✓ FDIC-insured · Active FDIC Certificate #17863
Sterling State Bank is an FDIC-insured state-chartered bank that is not a Federal Reserve member (supervised by the FDIC), headquartered in Austin, Minnesota, established in 1958. As of the 06/30/2026 FDIC call report, it reported $462M in total assets and $360M in deposits. FDIC location data lists 6 offices in Minnesota. The FDIC classifies it as a community bank. It is owned by the holding company STERLING FINANCIAL GROUP INC (Rochester, MN).
Financial data as of the 06/30/2026 FDIC call report.
Where it operates
All 6 of Sterling State Bank's FDIC-listed offices are in Minnesota. Browse banks in Austin for other local options.
Branch locations
| Sterling State Bank Sterling State Bank · Full Service - Brick And Mortar | 1419 1st Ave Sw Austin, MN 55912 Map ↗ |
| Sterling State Bank Rochester Branch · Full Service - Brick And Mortar | 4200 Badger Hills Dr Nw Rochester, MN 55901 Map ↗ |
| Sterling State Bank Lakeville Branch · Full Service - Brick And Mortar | 16366 Kenrick Ave Lakeville, MN 55044 Map ↗ |
| Sterling State Bank Apple Valley Branch · Full Service - Brick And Mortar | 4520 150th St W Apple Valley, MN 55124 Map ↗ |
| Sterling State Bank Rochester South Branch · Full Service - Brick And Mortar | 10 25th St Se Rochester, MN 55904 Map ↗ |
| Sterling State Bank Savage Branch · Full Service - Brick And Mortar | 14185 Highway 13 S Savage, MN 55378 Map ↗ |
Holding company: STERLING FINANCIAL GROUP INC
The FDIC lists STERLING FINANCIAL GROUP INC, based in Rochester, MN, as the top holding company for Sterling State Bank. The FDIC shows no other active insured banks under the same holding company.
Similar-size banks in Minnesota
Active FDIC-insured banks headquartered in Minnesota with total assets closest to Sterling State Bank's $462M. See all banks in Minnesota.
| Bank | HQ city | Assets | Offices |
|---|---|---|---|
| Profinium, Inc. | Truman | $533M | 4 |
| Lake Elmo Bank | Lake Elmo | $530M | 9 |
| EntreBank | Bloomington | $527M | 1 |
| Eagle Rock Bank | Rochester | $508M | 5 |
| First State Bank and Trust | Bayport | $499M | 4 |
| First Farmers & Merchants Bank | Cannon Falls | $486M | 7 |
| American National Bank of Minnesota | Baxter | $473M | 10 |
| Northview Bank | Sandstone | $470M | 12 |
Sterling State Bank: common questions
Is Sterling State Bank FDIC-insured?
Yes. Sterling State Bank is an active FDIC-insured institution, FDIC Certificate #17863. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.
Where is Sterling State Bank headquartered?
Sterling State Bank is headquartered at 1419 1st Ave Sw, Austin, MN 55912, according to FDIC records.
How many branches does Sterling State Bank have?
FDIC location data lists 6 offices for Sterling State Bank, all in Minnesota.
Who owns Sterling State Bank?
The FDIC lists STERLING FINANCIAL GROUP INC of Rochester, MN as the top holding company for Sterling State Bank.
Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.