BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Stearns Bank is a $2 billion independently-owned financial institution established in 1912, led by current owner & CEO Norm Skalicky since 1964. And a loader that they want to reposes but refuse to file it on the ucc .... they expect that I will just say ok take it and do t give me a receipt with the state that That the account t is closed. As a matter of policy, BBB does not endorse any product, service or business. There are currently no comments for Stearns Bank National Association. 16 Stearns Bank, NA reviews. I think employees feel like they're valued and heard. Stearns Bank Branch Location at 4191 Second Street South, St. "We’ve been back four times since the initial deal, It’s such an easy financing process with Stearns Bank. Stearns Financial Services Inc. (SFSI) is a well-capitalized, $2.2 billion independent financial holding company based in St. No reviews, no performance updates or care from management. Read 94 Stearns Bank Customer Reviews & Customer References. If you were in charge, what would you do to make Stearns Bank a better place to work? BBB remains operational and focused on serving our business community. Now that we are looking for another lender and having to close by Feb 25, 2020 I'm reading these contracts. I was surprised as I pay every payment on the due date... well it’s their payment gateway. They offered almost 0 training. A free inside look at company reviews and salaries posted anonymously by employees. I have paid my accounts on the due date via auto pay that they set up. BBB remains operational and focused on serving our business community. BBB Business Profiles are subject to change at any time. Benefits are unbelievable, environment is challenging and rewarding. Be the first to share your experience. Many can't make it two years before easily finding a much better working environment. Became FDIC Insured: Jan 1, 1934. Member FDIC. Get weekly updates, new jobs, and reviews, The most useful review selected by Indeed. Reviewer15176994 Sign in to contact user. We’ll guide you through the process. Other "big" banks (like Bank Of America across the street) play games with long hold times for local checks even for long term customers. Stearns Bank has an overall customer satisfaction rating of 5.0 out of 5 stars based on 4 votes and 1 reviews & complaints for 10 branches. Add Your Review. Andy Rennecke, Customer Relations Specialist. I was conditionally approved for SBA loan in 2017, project was delayed, again approved conditionally in Sept 19. We offer a full line of customized financial solutions: This business is in an industry that may require professional licensing, bonding or registration. Stearns Bank truly cares about it's employees and the clients they service every day. The final page of their contract wasn’t even signed by me the broker signed it and he says he does it all the time because nobody would be stupid enough to sign it. Stearns Bank has strength, stability and unmatched personal service. Cloud, MN. I had jumped around for years from leasing company to leasing company trying to find the best deal." I would definitely recommend working for this company. BBB Business Profiles generally cover a three-year reporting period. Deposited $2500 to package a loan with them in 17. In a changing business climate, we are the bank you can trust. Stearns Bank is a FDIC-insured bank with certificate number of 10988. Please provide comments that will help others. 3.7. What is the interview process like at Stearns Bank? Reviewed in the United States on August 8, 2019 Within six months of purchasing a Stearns and Foster mattress, it began sagging. All I want is my money back as no service was rendered and it is a deposit. The say the loan request expired 90 days from the initial request. BBB is here to help. They're trying to be a big bank but won't expand their processes or hear new ideas so they will continue to operate at a small bank capacity. They have held the money since. All payments which I selected pay payment option on their portal were applied by Stearns to the late fees and I had three missed payments. Understaffed, Over-worked, and bad management. Stearns Bank Branch Location at 7555 Dr. Martin Luther King, Jr. Street North, St. Petersburg, FL 33702 - Hours of Operation, Phone Number, Address, Directions and Reviews. They will add fake late fees at the end of your contract and force a repo and destroy your credit. Management uses fear and impossible deadlines as motivation. 1 Inter­views. 18 Stearns Bank, NA reviews. When covid hit I called for help... we were shut down once again... they said we can refinance after you catch up. If they don't return my money with interest, I will pursue a legal remedy, perhaps with other complaintants of which I have found a few. Corporate Website: www.stearnsbank.com. Probably had to do with the mood of the analyst's manager (extremely unprofessional). CONS. I paid all three at the same time. Stearns & Foster King Mattress - Indentation in mattress - 2 times! I would definitely recommend working for this company. Companies. 2 2. They said I had to pay or they would reposes and sue me. Stearns Bank has branch locations in Minnesota, Arizona, and Florida. I made a deposit for a service not rendered. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. Want to know more about working here? When I asked how much I was behind it was more than I financed 3 years ago... they said we can repo tomorrow instead of you waiting. Stearns Bank truly cares about it's employees and the clients they service every day. There is still a lot of change happening with roles and departments, but it’s a good change. Really nice company. And mike and Greg both tell me that it’s late every month because their system needs 2-5 business days to process and they removed a customary 10 day grace period which covered me 2 years ago. The starting salary is on the lower side of the industry but the bank's ESOP program is really the benefit that employees stay for. The esop is also nice if you stay long enough. Almost 0 because you can sit through an online course through Coleman and become "SBA certified". Payment $706.00 late fee $806 Flexible environment, Esop, flex reimbursement. I said ok paid again... all three once again went to late fees because the due dates were not that day lol keep in mind this was on over the phone authorization. 12 Benefits--Photos. After Hurricane Michael I called them and missed 2 months on all three contracts because we were destroyed. Cloud, MN 56303 - Hours of Operation, Phone Number, Address, Directions and Reviews. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. It is also the 468 th largest bank in the nation. Stearns Bank gets right out there and claims that as a Nationwide Preferred SBA Lender dedicated to growing businesses across the nation by providing flexible, fast financing, they can get you on the FAST Track, approving loans $350,000 or less in hours and larger loans in days. 4 1. Number of Branches: 8. On average, how many hours do you work a day at Stearns Bank? In regards to Stearns Bank refunding the $373, I accept that mitigation and appreciate the credit. Overall rating. https://www.mapquest.com/us/arizona/stearns-bank-arizona-10433322 How often do raises occur at Stearns Bank? I can not seem to find where they are allowed to do this, 5% is what I find to be max. Add a Review. I was upset but I paid it and they continued the auto payments. Stearns Bank N.A Reviews (1) Add a review. BBB reports on known marketplace practices. How do you feel about going to work each day at Stearns Bank? US Bank Branches: 8. Paid volunteer time, flex reimbursement up to $5k per year. 4 reviews of Stearns Bank Arizona "I've been a very satisfied Stearns customer for over 14 years now., and they have never let me down. 1 2. Apply only if you can make it 7 yrs, They work you to the bone and have analyst management which you can hear yelling at people across the office. They value their employees. Our trademark slogan says it all: We get the job done! Great place for people who have families. Today, U.S. Bank is the fifth-largest bank in the United States, with more than 70,000 employees and $495 billion in assets as of December 31, 2019. They would not honor the warranty because the bed sagged only … Be the first to share your experience. What is the vacation policy like at Stearns Bank? 18 Stearns Bank, NA reviews. 4 Jobs. It was established in 1912 and as of December of 2020, it had grown to 407 employees at 8 locations.Stearns Bank National Association's money market rates are 14% higher than the national average, and it has an A health rating. You can call Stearns Bank at (800) 247-1922 toll free number, write an email, fill out a contact form on their website www.stearnsbank.com, or write a letter to 4140 Thielman Lane Suite 105, Saint Cloud, Minnesota, 56301, United States. Turn to us for experience, understanding and commitment to your success. 3.1. Bank Class: Commercial bank, … Stearns Financial Services Inc. is a reputable company in the United States with 100+ years experience. Bank's Headquarters: 4191 Second Street South Saint Cloud, Minnesota 56303. 1976 Stearns Bank purchases National Machine Tool; begins leasing operations; Holdingford, Minnesota, charter is acquired Total Assets: $32.3 million; 1978 Stearns Bank opens a branch location in St. Stearns Bank Reviews, Branches, and Financial Information. let employees believe that job security was the banks goal. View All num of num Close (Esc) Stearns Bank, NA. Below you can read unbiased reviews, complaints and comments for branches or the bank in general. We called the store we bought it from within the first year. We’ve never had a glitch. Our community is ready to answer. has been charging late fees of 20% of my payment. Most dangerous claim in a company is "we've always done it this way.". They are extremely responsive and the paperwork process is a breeze. International Association of Better Business Bureaus. Corporate Structure. Stearns Bank currently operates with 10 branches located in 3 states. Stearns and Foster - Bad Mattress; Stearns and Foster Mattress - strong chemical odor makes my eyes burn; Stearns & Foster - Lux Estate Lucille I just learned that today 12-12-19. We are a family of modest means but because of my wife's small business we are at the bank several times a week. Ratings by category. Stearns Bank National Association provides banking services. Add Your Review. Reviews from Stearns Bank employees about Stearns Bank culture, salaries, benefits, work-life balance, management, job security, and more. All other lenders ask for the $2500 deposit but condition them to be refunded if the loan is not approved. U.S. Bank Reviews The WalletHub rating is comprised of reviews from both WalletHub users and ratings on other reputable websites. They declined my loan request in Nov '19 and will not return my deposit on the loan packaging fee. Location of This Business4191 2nd St S, Saint Cloud, MN 56301-3761Email this Business, BBB Tip: How to choose a new bank or credit union, Need to file a complaint? Great company initiative and great employee culture, Management is hypothetical and everyone, including upper management and executives are micromanaged. Stearns Bank does a lot of nice things for their employees. A free inside look at company reviews and salaries posted anonymously by employees. 19 Stearns Bank, NA reviews. I recommend Stearns Bank to everyone. They will not return my money. When I asked why they haven’t said anything they said “we don’t have to inform you of changes to your account” I welcome litigation and have signed up for a class action suit against Stearns bank Na. Is Indeed your favorite place to learn about companies? The bank has most branches in Minnesota, Florida and Arizona. Stearns bank is currently the best performing small banks in the nation. Payment $563.80 late fee $760 3 2. One of the reasons why is that they work their employees to the bone and are very low staffed. There are currently no comments for Stearns Bank Upsala National Association. Having me deposit funds for a loan denied is a license to steal. Is this your company? Customer Reviews for Stearns Bank National Association . 5 3. They made no mention of this until declining my loan this month. Which has offices in the west coast of Florida ... which is surprising because they want all litigation to take place in Albany county,mn. Get as high of a salary as you can when you start because that will be it. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile. Aside from complains regarding their transparency, many business owners have mentioned the customer service quality with Stearns Bank. This is highly unethical and I entered into the contract in good faith. Read more. I hung up... called backgreg Lessard said to pay early at least 5 business days so I could avoid further fees amd he would look at my late charges to see what he could do. Stearns & Foster Mattress - Most horrible mattress! A free inside look at company reviews and salaries posted anonymously by employees. all Stearns Bank reviews in United States (10 reviews) all Stearns Bank reviews worldwide (10 reviews) Claim this company page. How would you describe the pace of work at Stearns Bank? They said no problem and I paid them in full for the two months plus another two months worth of late fees that were the same amounts. We invite customers with concerns to call 1-800-320-7262 and ask for our compliance department to discuss their situation. Stearns Lending Mortgage Review 2021 Good for: borrowers who want a variety of home loan options, including a low-down-payment mortgage … Ask a Question. This is not a $25 fee but a whopping $2500. Foreign Offices: 0. David, we appreciate your feedback and we will immediately look into this issue. Established: May 28, 1912. ESOP vesting is after 6 years, which is a common vesting schedule with most companies. Stearns Bank National Association is headquartered in Saint Cloud and is the 7 th largest bank in the state of Minnesota. The bank has to undergone some changes and isn’t a stodgy old place to work. Rate it here → Please leave this field blank. Customer Reviews for Stearns Bank Upsala National Association . Ask a question about working or interviewing at Stearns Bank. Overview Overview. This bank bought out my previous employer for the intent of profits from loan portfolio assets then closed the branches and let all employees go without notice or severance pay. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. They always look out for the growth of not only the company but the growth of the employees. Jobs; Companies; Salaries; Interviews; Search. Great company, great mission and great management, Productive and fun workplace with ping pong table, Training is not good and sets you up for failure, Revolving door. Don't voice your opinion and keep to yourself. This is a multi-location business.Need to find a different location? Stearns Bank, NA Reviews. BBB Business Profiles may not be reproduced for sales or promotional purposes. $15 an hour with a bachelors degree in finance was not enough to make me stay though. Under good faith this was to go toward my business funding. More Stearns Bank Complaints & Reviews. My family has three accounts with them and at 54 I've never seen more thoughtful service from a bank. Share Report. You can also share your own toughts and complaints about Stearns Bank using the form below. Only positive is the ESOP but it's meaningless when many employees can't make the full 7 years to become 100% vested. Rate it here → Please leave this field blank. How BBB Processes Complaints and Reviews. Only thing that matters is that you work for the bank, not the consumer and lay low. Work/Life Balance. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met. 28 Salaries. Payment 1272.30 late fee $970.00 There are many options if a particular department isn't a good fit for you. There are a few negative complaints surrounding Stearns Bank. If you can stay under the boot of management for at least 7 years to become fully vested in the ESOP program then it may be worth it but there is no opportunity for a promotion. Customer Reviews are not used in the calculation of BBB Rating. I don't feel like there is a lot of opportunity for advancement. Stearns Bank Overview. Please provide comments that will help others. Contact Stearns Bank customer service. They always look out for the growth of not only the company but the growth of the employees. 18 Reviews. I am in receipt of the funds, thank you.My rejection of their response is for 2 reasons:1) The primary issue was they refused to release a hold and assignment they had on my life insurance policy and my Landlord lease. How many vacation days do you get per year? I have a truck I pay for that can’t be registered because they have no title to it and refuse to help... a trailer in the same situation. These use cases, approaches and end results from real customers include 44 testimonials & reviews, 43 case studies, success stories, reviews, user stories & customer stories, and 7 customer videos & reviews. The assigned Fed RSSD ID of Stearns Bank is 141556. Access the headquarters listing for Stearns Bank here BBB Business Profiles may not be reproduced for sales or promotional purposes. Management was non-existent. Cloud, MN. Based on 10 reviews . Underwriting guidelines seemed to change weekly. A free inside look at company reviews and salaries posted anonymously by employees. What questions did they ask during your interview at Stearns Bank? I accumulated so many late fees in 5 months of running behind that they totaled a payment amount. Stearns Financial Services Inc. (SFSI) is a well-capitalized, $2.2 billion independent financial holding company based in St. They make sure you are a good fit to the position that you are working in. Routinely and knowingly violated banking regulations. But Stearns Bank N.A. The big banks claim to care, but in fact you know they could care less. I worked at the equipment finance division as a funding specialist in Albany MN and I loved my coworkers! Write a review on Stearns Bank or ask a question.