Stearns Bank, VENICE BRANCH

Name:Stearns Bank, VENICE BRANCH
Full Service Brick and Mortar Office
Review: 3star4 client reviews
Location:201 Center Rd
Venice, FL 34285

Sarasota County
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Phone:941-497-6660
FDIC Cert:#10988
Established:02/16/1988


The Bank

Name:Stearns Bank
Concentration:Commercial Lending Specialization
Established:05/28/1912
FDIC Insurance:01/01/1934
Holden By:STEARNS FINL SERVICES EMPLOYEE STK OWNERSHIP PLAN
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:7, view all, view on map
Website:www.stearnsbank.com
Total Assets:$3,092,549,000
Total Deposits:$2,214,895,000
Total Equity Capital:$556,285,000
Total Domestic Office Deposits:$2,214,895,000
Net Income:$40,004,000
Quarterly Net Income:$21,748,000
Return on Assets:1%
Quarterly Return on Assets:3%
Return on Equity:7%
Quarterly Return on Equity:16%
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Client Review

4 client reviews of Stearns Bank scored 3 out of 5.

I Love This Bank
 5star Overall Rating
by jvall, Jan. 24, 2017

Customer service has always be great at this bank.  I have been with them for just about 10 years since they bought my Florida bank.  They have always done everything that I asked for immediately.  I have never been put on hold to wait for an agent.  Their customer service agents are always very nice and friendly and sound happy.  I do all my banking over the phone since I live in texas and their debit card works at most 7-11's and many other locations across the country.

* this reviewer has be with this bank for >10 years
* this reviewer had 3 - 5 banks before.
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Truck Loan Release...Paying Early
 1star Overall Rating
 1star Interest Rate and Cost
 1star Office Environment & Staff
 1star Waiting Time
 1star Other Services
by minimus, Aug. 25, 2014

The nerve of this bank.....we called to pay off our truck loan one month early and they wanted us to pay the following......a 5% fee of the loan, $150 release fee in addition to the loan. We opted to wait until next month when our loan will be paid up....and they had the nerve to say we had to pay the $150 release fee.
We will never do business with this bank again and I suggest no one else should do business with them.....STAY AWAY!!!!!!

* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 1 - 2 banks before.
* this review was made on Stearns Bank, Stearns Bank National Association at Saint Cloud, MN
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by jvall 2017-01-24 17:37:50
You should always read the terms of a loan before you sign it especially the section on fees.  I am sure that they charged the fees that were in you loan agreement.
Awesome Customer Service
 5star Overall Rating
 5star Interest Rate and Cost
 5star Office Environment & Staff
 5star Waiting Time
 5star Other Services
by happywithbank, Jul. 02, 2012

Stearns Bank has always gone above and beyond my expectations. They are great people to work with, with excellent customer service!!!

* this reviewer has be with this bank for >10 years
* this reviewer had 1 - 2 banks before.
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