Sturgis Bank


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

Sturgis Bank is headquartered in STURGIS and is the 19th largest bank in the state of Michigan. It is also the 1,086th largest bank in the nation. It was established in 1905 and as of March of 2025, it had grown to 206 employees at 17 locations. Sturgis Bank has an A health rating.

Reviews (1)

No P.O.D. On Checking

No payable on death option for checking accounts. Major inconvenience. I had to change banks.



Health

Health Grade Components

Overall
FDIC Certificate #28593
Year Established1905
Employees206
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.77%
Return on Equity - YTD10.45%
Annual Interest Income$12MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$958.4MM$924.7MM
LoansQ1 2025vs Q1 2024$766.5MM$747.3MM
DepositsQ1 2025vs Q1 2024$842.5MM$807.6MM
Equity CapitalQ1 2025vs Q1 2024$71.5MM$66.9MM
Loan Loss AllowanceQ1 2025vs Q1 2024$9.1MM$9.4MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$2.7MM$2.2MM
Real Estate OwnedQ1 2025vs Q1 2024$333K$188K
Rates

Sorry, we do not have rate data for Sturgis Bank.

Locations

Availability



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