Overview / Commentary
269-651-9345
113-125 E Chicago
Sturgis, MI 49091

Sturgis Bank & Trust Company is headquartered in Sturgis and is the 32nd largest bank in the state of Michigan. It is also the 1,623rd largest bank in the nation. It was established in 1905 and as of June of 2018, it had grown to 119 employees at 11 locations. Sturgis Bank & Trust Company's money market rates are 14% higher than the national average, and it has an A health rating.

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38-Month Best In The Market CD, 3.05% APY - 5/12/2018

38-month Best in the Market CD, 3.05% APY, can be opened with a $5,000 minimum deposit. The bank's market area is southwest Michigan and northern Indiana.

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Health

Health Grade Components

Overall
FDIC Certificate #28593
Year Established1905
Employees119
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.96%
Return on Equity - YTD10.38%
Annual Interest Income$8.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$428.9MM$406.3MM
LoansQ2 2018vs Q2 2017$301.1MM$266.3MM
DepositsQ2 2018vs Q2 2017$351.3MM$305.6MM
Equity CapitalQ2 2018vs Q2 2017$40.6MM$37.7MM
Loan Loss AllowanceQ2 2018vs Q2 2017$3.2MM$3.1MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.5MM$778.00K
Real Estate OwnedQ2 2018vs Q2 2017$144.00K$469.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Sturgis Bank & Trust Company; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Sturgis Bank & Trust Company Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.04%*$10k*-Personal Ultimate Savings
OTHER TIERS: 0.02% Up to $10k
0.04%*$10k*-Business Ultimate Savings
OTHER TIERS: 0.02% Up to $10k
0.02%$100-Personal Statement Savings
0.02%--Personal Holiday Savings
0.02%$100-Business Statement Savings

Sturgis Bank & Trust Company Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$100k*-Super Multiplier Personal Money Market Account
OTHER TIERS: 0.05% Up to $5k | 0.10% $5k - $25k | 0.20% $25k - $50k | 0.35% $50k - $100k

Sturgis Bank & Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$250k*-Municipalities & School Non-Personal Checking
OTHER TIERS: 0.20% Up to $25k | 0.30% $25k - $100k | 0.40% $100k - $250k
0.04%--Sole Proprietorship Business Checking
0.02%$450-Civic, Church & Charitable Accounts Non-Personal Checking
0.02%$2.5k-Personal Secure Checking

Sturgis Bank & Trust Company CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.05%$5k-38 Month Best in the Market CD
3.05%$5k-Business 38 Month Best in the Market CD
2.00%$5k-11 Month Best in the Market CD
2.00%$5k-Business 11 Month Best in the Market CD
1.10%$500-5 Year CD
1.10%$500-Business 5 Year CD
0.95%$500-4 Year CD
0.95%$500-Business 4 Year CD
0.75%$500-3 Year CD
0.75%$500-Business 3 Year CD
0.35%$500-2 Year CD
0.35%$500-Business 2 Year CD
0.25%$500-1 Year CD
0.25%$500-Business 1 Year CD
0.10%$2.5k-6 Month CD
0.10%$2.5k-Business 6 Month CD
0.05%$2.5k-3 Month CD
0.05%$2.5k-Business 3 Month CD

Sturgis Bank & Trust Company IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.10%$500-5 Year IRA
0.95%$500-4 Year IRA
0.75%$500-3 Year IRA
0.35%$500-2 Year IRA
0.25%$500-1 Year IRA
0.10%$2.5k-6 Month IRA
0.05%$2.5k-3 Month IRA
Locations

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