Bank · FDIC insured
Stearns Bank
Top CarrotA $3.3B bank, the 390th largest of 4,207, headquartered in St. Cloud, MN, with 8 branches in 3 states. Best rates: CDs 3.94% and savings 2.99% APY.
Stearns Bank Carrot Score
Carrot ScoreTop Carrot
Higher than 76% of U.S. banks and credit unions
#5 of 23 in St. Cloud, MN metroHow the score works →
Deposits are federally insured by the FDIC up to $250,000 per depositor.
About Stearns Bank
Stearns Bank is a majority women-owned and employee-owned bank.
The bank specializes in SBA loans, equipment financing, USDA Rural Development loans, and Sharia-compliant Islamic banking through its Salaam Banking division.
- Headquarters
- 4191 2nd St S, St. Cloud, MN 56301
- FDIC certificate
- 10988 ↗
Branches
8 branches in 3 states
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Minnesota
4 branches
St. Cloud area · 3
- Stearns Bank National AssociationMain office4191 2nd St S, St. Cloud, MN 56301Directions
- Albany Branch140 5th St, Albany, MN 56307Directions
- Holdingford Branch580 Main St, Holdingford, MN 56340Directions
Pine City area · 1
- Pine City Branch600 Hillside Ave Sw, Pine City, MN 55063Directions
Florida
3 branches
North Port area · 2
- Sarasota (Links) Branch22 S Links Ave, Sarasota, FL 34236Directions
- Venice Branch201 Center Rd, Venice, FL 34285Directions
Tampa area · 1
- St Petersburg (Gateway) Branch7555 Dr Martin Luther King Jr St N, St. Petersburg, FL 33702Directions
Arizona
1 branch
- Arizona Branch9225 E Shea Blvd, Scottsdale, AZ 85260Directions
Walk-in offices from the FDIC directory as of September 4, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
| Measure | This bank | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalLeverage ratio | 15.42% | 10.49% | 11.89% or more |
| Troubled loansNoncurrent | 2.65% | 0.52% | 0.23% or less |
| ProfitabilityReturn on assets | 2.09% | 1.25% | 1.62% or more |
| LendingLoans per $100 deposited | $118 | $88 | — |
- CapitalLeverage ratio15.42%Peers’ middle 10.49% · Top 25% 11.89%+
- Troubled loansNoncurrent2.65%Peers’ middle 0.52% · Top 25% ≤0.23%
- ProfitabilityReturn on assets2.09%Peers’ middle 1.25% · Top 25% 1.62%+
- LendingLoans per $100 deposited$118Peers’ middle $88
Compared with the 897 banks with $1 billion to $10 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are noncurrent: 90 or more days late, or no longer earning interest.
Regulators’ own ratings of Stearns Bank are confidential. These figures are what it reports to the FDIC each quarter, set beside its peers; they aren’t a rating.