This enables you to construct a short-term investment portfolio with maturities timed to meet your business and personal needs. If you are an institutional fiduciary for extra-big investments, we invite you to request the latest available financial information about Sterling National Bank which is considered to be a very safe, sound and secure Bank with one of the highest capital ratios in its marketplace. Our strength has attracted many very large depositors and we are prepared to tailor our investment services to meet your specific requirements consistent with the size or your deposit. Maturities are seven days or longer, and these Certificates must be held until maturity. They offer a fixed return on funds invested for a specified time period.
Interest is paid at maturity.
This provides overnight investment options for businesses, individuals, municipalities, state or federal government accounts which have unique investment requirements and idle cash, by law or preference. At Sterling we can explain and execute all of your short term investing for your business and personal investment. We provide a full range of money market instruments - execute the orders, handle safekeeping and collection, inform you about renewals, and maintain awareness of trends and developments in money market rates. For those instruments that can be sold prior to maturity, we can arrange for sale at prevailing market rates. We have the capability to keep track of rates, term and availability for all investments.