Company Information

Get to know Sterling Federal Bank

Founded in 1885, Sterling Federal Bank is a locally-owned and managed financial institution dedicated to serving its communities. With a history spanning over a century, the bank has grown from a single office to multiple locations across Northern Illinois and Eastern Iowa. Its mission is to provide quality, personalized banking services, including personal and business checking and savings accounts, loans, mortgages, and digital banking solutions, while fostering strong community relationships and "making a difference" in its customers' lives.

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Financial BankingPRIMARY
Financial Other Service

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Sterling Federal Bank

United States

Founded in

1885 (141 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.