Total Branches in Florida: 3
Stearns Bank National Association is a significant financial presence in Florida. The bank maintains 3 branches across the state, with a total of $249,099,000 in deposits as of the latest FDIC Summary of Deposits survey. This translates to approximately $10.68 in deposits per Florida resident and a bank density of about 0.01 branches per 100,000 people. Additionally, with total assets of $3,223,214,000, the bank has approximately $138.16 in assets per Florida resident.
The Community Reinvestment Act (CRA) rating reflects the bank's record of meeting the credit needs of its community, including low- and moderate-income areas. The ratings are: Outstanding, Satisfactory, Needs to Improve, and Substantial Noncompliance.
Rating: Satisfactory
Date: Sep 27, 2021
Exam Method: Large Bank Exam (e.g., Large Bank Exam applies to institutions above a certain asset threshold)
Assets at Exam: $2,301,428,000
09/27/2021: Satisfactory
05/21/2018: Satisfactory
05/11/2015: Satisfactory
11/07/2011: Satisfactory
02/03/2005: Satisfactory
04/29/2002: Satisfactory
02/16/1999: Satisfactory
03/13/1997: Satisfactory
06/01/1994: Satisfactory
RSSD ID: 141556
Primary Federal Regulator: Office of the Comptroller of the Currency
FRS Member: Yes
Existence Date: N/A
BHC Status: Not applicable
Primary Insurer: DIF (Deposit Insurance Fund) (Not valid prior to 03/31/2006)
CUSIP ID: N/A (Identifies stocks and debt securities)
LEI: 54930011T0W8MY36DZ75 (Unique ID for legal entities engaging in financial transactions)
These are companies that the main bank owns or directs. The listing below shows entities the bank has the power to control (`Controlled`).
If you see 0.00% Equity, it means the bank controls the subsidiary using a legal tool other than voting stock, such as a management contract or a fiduciary arrangement (See Other Basis Ind).
The following shows recent events where this entity (ID\_RSSD Successor) came into existence or continued to exist as a result of an event:
| Date | Event Type | Predecessor (Non-Survivor) |
|---|---|---|
| Oct 20, 2012 | Failure, Government Assistance Provided | FIRST E SIDE SVG BK |
| Jul 28, 2012 | Failure, Government Assistance Provided | JASPER BKG CO |
| Mar 24, 2012 | Failure, Government Assistance Provided | COVENANT B&TC |
| Nov 13, 2010 | Failure, Government Assistance Provided | COPPER STAR BK |
| Aug 22, 2009 | Failure, Government Assistance Provided | EBANK |
4191 2nd St S
Saint Cloud, MN 56301
7555 Dr Martin Luther King Jr St N, FL
22 S Links Ave, FL
201 Center Rd, FL