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Bank

Sterling Federal Bank

sterlingfederal.com
110 E 4th St, Sterling, IL 61081

Sterling Federal Bank is a federally regulated bank located in Sterling, IL, primarily focused on home mortgage lending while also offering a full suite of personal and business banking products.

Key Statistics

As of December 2025, public records show Sterling Federal Bank has originated approximately $52.8M in loan volume over the past 12 months, with an average loan size of $162k.

Volume (12mo)

$52.8M

Avg Loan Size

$162k

Total Mortgages

5,132

Total Borrowers

139

Lending Entities

Sterling Federal Bank funds loans through the following entities. These are the legal entities that appear on recorded mortgage documents.

Sterling Federal Bank Fsb

4,001 mortgages recorded

Sterling Federal Bank

1,130 mortgages recorded

+5 more not shown

Geography

Sterling Federal Bank's lending activity is concentrated in the following states, based on recorded mortgage data from the past 12 months.

#1Illinois

Mortgages (12mo): 121

Volume (12mo): $19.7M

Total Volume: $571.2M

#2South Carolina

Mortgages (12mo): 9

Volume (12mo): $21.6M

Total Volume: $22.2M

#3Iowa

Mortgages (12mo): 4

Volume (12mo): $505k

Total Volume: $92.5M

Top Borrowers

The following individuals have the most recorded mortgage transactions with Sterling Federal Bank. Click on a borrower to view their full investor profile.

+136 more not shown

FAQ

What type of lender is Sterling Federal Bank?

Sterling Federal Bank is classified as an bank based on our research. Banks are FDIC-insured depository institutions offering a range of mortgage products. They have a mix of business (7%) and personal loans in their portfolio.

What entities does Sterling Federal Bank fund loans under?

Sterling Federal Bank originates mortgages through 7 different lending entities. The most common include Sterling Federal Bank Fsb and Sterling Federal Bank. These are the legal entity names that appear on recorded mortgage documents.

Where is Sterling Federal Bank most active?

Based on recorded mortgages, Sterling Federal Bank is most active in Illinois, South Carolina, and Iowa.

How many loans has Sterling Federal Bank originated?

Public records show 5,132 mortgages recorded for Sterling Federal Bank, with $52.8M in volume over the past 12 months.

What is the average loan size for Sterling Federal Bank?

The average mortgage size for Sterling Federal Bank is $162k based on all recorded mortgages.

Does Sterling Federal Bank offer short-term loans?

Sterling Federal Bank primarily offers long-term financing, with only 3% of loans being short-term.

How is this data collected?

Elementix aggregates mortgage data from public county records across the United States. We use AI to normalize lender names, identify aliases, and connect borrowers to their lending relationships.