Sterling Bank & Trust
Banking · Michigan, United States · 201-500 Employees
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Overview
Headquarters
1 Towne Sq Ste 165, Southfield, Michigan...Phone Number
(800) 944-2265Website
www.sterlingbank.comRevenue
$66.1 MillionIndustry
ZI Rank: 2
Signal Type
Mar
Apr
May
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Aug
ZI Rank
3
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2
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2
About Sterling Bank & Trust
Sterling Bancorp, Inc. is a unitary thrift holding company founded in 1984. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City. Sterling offers loan products to the residential and commercial markets, as well as retail and business banking services. Sterling also has an operations center and a branch in Southfield, Michigan.Explore more
Sterling Bank & Trust Org Chart
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Revenue
Number of Employees
Type
Funding
Founded In
$61.8M
201-500
Public
-
1922
Philip WahlPresident, CEO & Member of the Board, Security Federal Corporation & Security Federal Bank
Company Profile Activity
Activity Insights
Sterling Bank & Trust is experiencing very low activity levels compared to other companies in the Finance sector.
What does this means?
Sterling Bank & Trust is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Sterling Bank & Trust.
Sterling Bank & Trust Tech Stack
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Most Recent Scoops
Left Company
Executive Move
Executive Moves, Left Company
Mergers & Acquisitions (M&A)
Sterling Bank & Trust has entered into a definitive stock purchase agreement with Everbank Financial Corp to sell all of the issued and outstanding shares of capital stock of Sterling Bank and Trust FSP. The stock purchase agreement proposal received the affirmative vote of a majority of all votes entitled to be cast by the holders of the company's common stock at a special meeting, thereby approving the transaction.
Financial Planning, Business Finance, Finance, Financial Strategy
Divestiture
Sterling Bank & Trust has announced a plan of dissolution, which was unanimously approved and adopted by the board of directors on September 15, 2024. The plan of dissolution proposal received the affirmative vote of a majority of all votes entitled to be cast by the holders of the company's common stock at a special meeting, thereby approving the plan.
Search, Medical Research, Pharmaceuticals, Clinical Operations, Operations
Project
Spending/Investment
Earnings
Implementation, Product Development, Workforce Management, Quality Management, Banking, Consumer Finance, Finance, Risk
Sterling Bank & Trust News & Media
Sterling Bancorp Announces Closing of Acquisition of Sterling Bank and Trust, F.S.B. by EverBank Financial Corp; Certificate of Dissolution to be Filed and Common Stock to be Delisted
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announced the closing of the previously announced sale of all of the issued and outstanding shares of capital stock of the Bank to EverBank Financial Corp, a Delaware corporation (“EverBank”), which will become effective as of 12:01 a.m. (Eastern Time) on April 1, 2025. In connection with the closing of the sale,Federal Reserve Board Approves the Acquisition of Sterling Bank and Trust, F.S.B. by ...
Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announcFederal Reserve Board Approves the Acquisition of Sterling Bank and Trust, F.S.B. by EverBank Financial Corp
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System of the Company’s sale of all of the issued and outstanding shares of capital stock of the Bank to EverBank Financial Corp, a Delaware corporation (“EverBank”), which is the final regulatory approval needed to completeThe Office of the Comptroller of the Currency Approves the Sale of Sterling Bank and Trust, F.S.B. to EverBank Financial Corp
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B. (the “Bank”), today announced the receipt of regulatory approval from the Office of the Comptroller of the Currency of the Company’s sale of all of the issued and outstanding shares of capital stock of the Bank to EverBank Financial Corp, a Delaware corporation (“EverBank”). In connection with the sale, the Company will receive a fixed
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Frequently Asked Questions Regarding Sterling Bank & Trust
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Sterling Bancorp, Inc. is a unitary thrift holding company founded in 1984. Its wholly owned subsidiary, Sterling Bank and Trust, F.S.B., has primary branch operations in San Francisco and Los Angeles, California and New York City. Sterling offers loan products to the residential and commercial markets, as well as retail and business banking servic... Read More
