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Stearns Bank National Association


Stearns Bank National Association is an FDIC insured institution headquartered at 4191 2nd St S, Saint Cloud, MN 56301.
It was founded in 1912 and has approximately $3 billion in assets. Customers can open an account at one of its 7 branches.

Deposit Rates - June 21, 2026

CD RATES APY MIN
6 Mo CD
4.50% $2,500 Compare
9 Mo CD
5.06% $2,500 Compare
12 Mo CD
5.00% $2,500 Compare
24 Mo CD
3.25% $2,500 Compare
MM RATES APY MIN
Money Market
0.85% $0 Compare
Money Market
1.97% $100,000 Compare
Money Market
2.99% $500,000 Compare
VARIABLE IRA RATES APY MIN
VIRA
0.35% $1
INT CHECKING RATES APY MIN
INTCK
0.10% $0




Public Note:

Minnesota-based Stearns Bank National Association is a $2.2 billion, independently-owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide, in every state across the U.S. Driven by a passion to help others achieve their greatest ambitions, Stearns Bank’s mission is to Get the Job Done!

July 7, 2023

Overview 2026

General Bank Information

FDIC Insured Yes
FDIC Certificate # 10988
Date Established 1912
Assets $ 3.34 billion
Loans $ 2.84 billion
Deposits $ 2.58 billion
Capital $ 588.36 million

Financial Note

Recognized as having a bullet-proof balance sheet with 25% capital and earning top rankings as one of the nation’s highest-performing banks by American Banker, and most recently ranked fourth in the U.S. among banks having more than $1 billion in assets by Independent Banker’s 2023 Best of the Best ranking of banks with the highest 3-year average Return on Assets, Stearns Bank specializes in nationwide commercial construction lending, USDA and SBA lending, and small business and equipment financing.


Summary Balance Sheet as of December 31, 2025

ASSETS
Cash & Balances due from depository institutions $ 213.67 million
Interest-bearing balances $ 200.38 million
Total securities $ 106.38 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 2.84 billion
Loan loss allowance $ 96.28 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned $ 38.19 million
Goodwill and other intangibles $ 70.81 million
All other assets $ 35.42 million
     Total Assets $ 2.76 billion

LIABILITIES
Total deposits $ 2.58 billion
      Interest-bearing deposits $ 2.33 billion
      Deposits held in domestic offices $ 2.58 billion
      % insured (estimated)" 79.17%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 32.08 millionn
      Total Liabilities $ 2.76 billion
      Shareholders’ Equity $ 588.36 million

Summary Income Statement as of December 31, 2025

INCOME AND EXPENSES
Total Interest Income $ 297.42 million
Total Interest Expense $ 91.83 million
Net interest income $ 205.59 million
Provision for loan and lease losses $ 18.50 million
Total non interest income $ 17.73 million
Total non interest expense $ 120.26 million
Pre-tax Net Operating Income $ 38.64 million


*Should any logos, images or public notes appear on this page,they do so courtesy of Stearns Bank National Association and are not subject to approval of RatesAndInfo.com. RatesAndInfo.com expressly disclaims all responsibility for this content.

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