Frequently Asked Questions (FAQ)
What types of business accounts does Stearns Bank offer?
There are a variety of accounts available for businesses, including BusinessEssentials checking: for businesses with high balances and strong transaction volumes; and BusinessSmart checking & market savings: for businesses of all types, from start-ups to seasoned enterprises. Certificates of Deposit (CDs) are also available. Other account options are available. Contact us to learn more and discover the best fit for your business.
Does Stearns Bank offer IRAs?
Are there cash rewards on debit card purchases?
Is there a minimum monthly balance requirement for Stearns Bank accounts?
Many Stearns Bank business and personal accounts DO NOT have minimum balance requirements while others, like BusinessEssentials checking DO. See specific account details for current requirements.
Is there a fee for monthly statements?
Monthly eStatements are free and can be requested within your online account (StearnsConnect) under Settings.
Paper statements, if preferred, are $5 per month.
How do I enroll in online banking?
Once your Stearns Bank account is opened, enroll in online banking by visiting the login page and choosing the type of account you’d like to enroll in. Contact the StearnsConnect electronic banking team at (888) 629-8707 if you need assistance.
Are there fee-free ATMs?
Stearns Bank customers have access to 42,000 in-network, fee-free ATMs across the country. Look for the MoneyPass and Shazam logos. You also can find in-network ATMs on the Locations/ATMs page.
Do these accounts pay interest?
When can I access my deposited funds?
Is mobile banking available?
Yes. The StearnsConnect mobile app, you can access your account 24/7; deposit checks, view account balances, transfer funds, pay bills, and more.