Sterling State Bank Once Again Leads the Way on PPP Loan Second Draw

ROCHESTER, MN – Sterling State Bank is pleased to announce funding for their first recipient of the Paycheck Protection Program Second Draw within just days of the loan program opening Friday January 15th. The lending team at Sterling State Bank jumped into action after hearing congress approve the second draw. Knowing how important the first... Continue Reading →

Sterling State Bank President Justin McNeilus Promoted to Chief Operating Officer

Sterling State Bank is pleased to announce that Sterling State Bank President Justin McNeilus has been promoted by the Bank’s Board of Directors to the role of Chief Operating Officer (COO).  Mr. McNeilus will assume this new role and title in addition to his current responsibilities as President of the Bank. “Justin has worked in... Continue Reading →

Small Business is our Business

While we provide many financial products and services here at Sterling State Bank, our small business banking is the heart of what we do. As a trusted business partner, we bring the expertise and full service product line to grow your business. Sterling State Bank is a local, family owned business fully invested in the... Continue Reading →

Coming Together in a Time of Need

A letter from Sterling State Bank President, Justin McNeilus This past month has been one of the most important in the history of Sterling State Bank, and I want to use this opportunity to say thank you to each and every employee that has helped us through this unprecedented time. On March 27th President Trump announced... Continue Reading →

How to Protect Yourself from Covid-19 Scams

During these unprecedented times and the distributionof roughly $2 trillion allotted in the 2020 CAREs Act toU.S. citizens, businesses and organizations we wouldlike to remind our customers to be vigilant, as this reliefactivity will attract criminals looking to commit fraud aswell as adversaries seeking to disrupt these efforts. Steps you can take to protect yourself:... Continue Reading →

Sterling State Bank works around-the-clock- to get Rochester Businesses Funded through SBA

ROCHESTER, MN -- Sterling State Bank employees have been working around-the-clock since 8pm Saturday night to get Minnesota Businesses entered into the Small Business Administration (SBA) Paycheck Protection Program. That relentless effort will offer much needed relief to local businesses. Sterling State Bank customers will receive their money beginning Monday morning. The application process opened... Continue Reading →

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