Sterling Bank and Trust, FSB

Status:Inactive as of 04/01/2025
 Merger - Without Assistance
Successor Bank:EverBank
Headquarters:Sterling Bank and Trust, FSB
1 Towne Sq
Southfield, MI 48076
Established:04/18/1984
FDIC Insurance:08/09/1989
FDIC Cert:#32232
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$2,298,402,000
Total Deposits:$1,982,584,000

History

1984-04-18Institution established: Original name:Sterling Savings and Loan Association
1986-02-28Moved bank headquarters from PONTIAC, MI to ROYAL OAK, MI
1988-02-29Changed name to Sterling Savings Bank
1989-04-30Changed organization type to STOCK SAVINGS BANK
1989-04-30Changed name to Sterling Savings Bank, FSB
1992-07-24Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1992-09-17Changed name to Sterling Bank and Trust, FSB
1993-07-23Acquired First Newport Federal Savings Bank (33615) in NEWPORT BEACH, CA as part of a government assisted transaction.
1996-09-30Moved bank headquarters from ROYAL OAK, MI to SOUTHFIELD, MI
1999-09-30Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY

Financial Information (2025-03-31 and Older)