Sterling Federal Bank Reviews
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Gordon Young1My wife and I agave been members of this bank many years. We have bought several cars and paid them off and was never late. Our mortgage is through this bank and we have about 9 years left on it. Recently we have been dealing with Covid-19 related issues and a grandson who had an emergency brain bleed. We have always paid more than our payment. Apparently our escrow rose and because all we were going through we failed to notice it. For $5.83 the bank sent in a late notice to our credit report. We have overdraft protection but that didn’t matter. After speaking to Amy in the loan department I was told it would be removed but this morning they called my wife and said it wouldn’t. They advertise to come home to their family bank, but apparently that is just an add. They don’t care about family only their books. They could have sent us an email or called us. I know our credit union stated that they would have reached out to see if everything was okay. We will move our mortgage there and close our accounts here. Shame on all of you
Response from the ownerDear Mr. Young, We are very sorry to hear what your family has been going through during this difficult time. As we discussed after researching this matter in detail, we are not able to reverse the situation due to credit reporting regulations. Unfortunately, as much as we would like to help, this is beyond our control. We truly do appreciate your years of dedicated service to Sterling Federal Bank. If there is any other way we can assist you, please feel free to contact us.
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Gail Smith5My husband past away very unexpected. I am trying to go it on my own After thirty years, I have been basically overwhelmed and the ladies at the drive through and especially in side have been as understanding and as helpful then any one could ever be. Thank you and I would tell any one that is looking for a bank to go to Sterling Federal!!!!
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FAQs
1. How Can I Reach Out to Sterling Federal Bank?
You may contact them at the phone number +1 815-626-0614. You may also go to their website and provide your basic information.3. How Can I Take Out A Loan at Sterling Federal Bank?
Simply provide your basic information on their website. If you feel like learning about other financial services, take a look at installment loans provided through a reliable online broker.5. What Should I Do if I Cannot Pay Back My Loan?
Contact the lender and work out favorable terms for both parties in advance. You should know, however, if it"s a car title loan, the vehicle will be kept by the lender when you default.
2. What Is the Location of Sterling Federal Bank? How to Go to Its Store?
The address of Sterling Federal Bank is 821 1st Ave, Rock Falls, IL 61071, United States. Open the map app on your phone to find the fastest route.4. Is Sterling Federal Bank an Agency or a Lender?
Sterling Federal Bank is a Bank that provides loans of all kinds. Click here to learn about various types of loans including bad credit personal loans.6. Can I Obtain a Loan From Sterling Federal Bank With Bad Credit?
Yes, you can. But peruse the conditions and terms as there can be unfavorable terms when it comes to bad credit loans.