Welcome to Sterling Federal Bank, a cornerstone of our community since 1885. Our journey began with a commitment to support those moving to our area, helping them build their first homes and establish a legacy of success. This dedication has helped shape our community into what it is today. For nearly 140 years, Sterling Federal Bank has demonstrated resilience and financial stability through significant historical events, including two World Wars, the Great Depression of the 1930s, and the Great Recession of 2008. Our customer base consists mainly of blue-collar workers, farmers, and small business owners—groups that form the backbone of the American economy and have unique financial needs.
At Sterling Federal Bank, we believe in more than just providing financial services. We are committed to enhancing the quality of life in the communities we serve. Our employees volunteer over 600 hours annually, and our donation programs offer financial support to local non- profits and community development. Sterling Federal Bank is not just a financial institution; we are a proud and active member of the community.
Sterling Federal Bank is named one of the Best Places to Work in Illinois for the 7th year in a row.
Sterling Federal Bank is committed to excellence in banking and serving our communities. Our communities benefit from our high level of monetary donations and the hundreds of hours of community service our employees give every year.
Sterling Federal Bank was built on a simple idea: local people and their businesses are best served by a local bank, with local interests at heart. For that reason, Sterling Federal was established as a mutual institution, owned by its depositors, instead of by shareholders. More than a century later, we’re still a mutual institution.
At Raisin, we invest in a variety of technologies to protect our customer’s data, privacy and transactions. These include multi-factor authentication, encryption, and web application firewall advanced internet protection technologies. Raisin is a SOC 2 certified organization, which means we have met the requirements outlined by the American Institute of Certified Public Accountants (AICPA) to ensure that we have the controls in place to keep customers data secure and private.
Sterling Federal Bank uses the secure Raisin platform to offer savings products to savers nationwide. Customers open accounts at Raisin.com and can manage all aspects of their deposits held at Sterling Federal Bank through the platform, including making deposits and withdrawals, reviewing statements and any customer service needs. In simple terms, Raisin provides you exclusive access to a special selection of Sterling Federal Bank products. Best of all, Raisin is completely free!
Security: Raisin partners exclusively with federally regulated institutions which are required to implement comprehensive cybersecurity programs including risk assessments, security controls and incident response plans. Raisin itself invests in a suite of state-of-the-art cybersecurity measures including certifications and assessments, data monitoring and data encryption.
Choice: Choose from a diverse selection of savings products offering flexible terms and some of the most competitive interest rates. You can easily find the right product or mix of products for you.
Convenience: One login to hold all your deposit products. Simplified statements. Easy access to manage your funds – all through a streamlined digital platform.
Service: A supportive, accessible, knowledgeable and responsive customer service team sets Raisin apart.
Access: Enjoy 24/7 online access to your account and funds.
the right product for your savings goals.
with an email address and password, then verify your identity and bank information.
the savings products you add to your new Raisin login.
Raisin is a free digital platform that gives savers unparalleled access to a variety of deposit products through the convenience of a single login, helping you unlock the growth potential of your cash savings.
With the Raisin platform, you can fund deposit products offered by federally regulated banks and credit unions with a wide range of maturities and APYs (annual percentage yield), allowing you to build a savings strategy to suit your earning and liquidity needs.
Raisin is not a bank or credit union. It provides the digital “storefront” where banks and credit unions can promote their deposit products.
Raisin is operated by Raisin Solutions US LLC, a 100% subsidiary of Raisin SE, a trailblazer for open banking in the deposits and investments space. In the U.S., Raisin helps banks and credit unions improve their deposit funding by offering national reach for their retail deposit products, and provides savers with better access, more choice and higher convenience when evaluating savings products from federally regulated banks and credit unions.
Interest (or dividend in the case of credit union savings products) is compounded daily and posted to your account monthly.
At Raisin, cybersecurity is our priority. Raisin is a SOC 2 certified platform, meaning it has been validated by outside auditors across five (5) key information security principles. We also use a variety of measures to protect our customers' data, privacy and transactions, including:
Creating a Raisin login is easy, requires no credit check, and typically takes less than five minutes. Here’s how:
Any questions or concerns? Email us at support.us@raisin.com.
All deposits and withdrawals are completed within one to three (1-3) business days. After the initial deposit a withdrawals limitation for the first few business days may exist.
Business days are Monday through Friday excluding U.S. bank holidays.
For products offered by banks, all necessary registration is handled when you become a Raisin customer. One of the many benefits of our platform is that you can open a single account and earn competitive interest rates from banks in the Raisin network. When you select and fund a savings product offered by a credit union, there is an additional step of becoming a member. Raisin makes that process quick, easy and free. You still have one Raisin login and can view all your savings products in one convenient dashboard.
The current APY for your savings products can always be viewed on the Account Overview page when you are logged in to Raisin. This information also appears on monthly statements.
You cannot currently link your Raisin login to a third-party app, but we may offer this feature in the future. For now, you will not be able to link your selected savings product to a third-party app even if the bank or credit union offering that product does so outside of the Raisin platform.