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Sturgis Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Overview / Commentary
www.sturgis.bank
269-651-9345
113-125 E Chicago
Sturgis, MI 49091

Sturgis Bank is headquartered in STURGIS and is the 21st largest bank in the state of Michigan. It is also the 1,076th largest bank in the nation. It was established in 1905 and as of September of 2024, it had grown to 204 employees at 17 locations. Sturgis Bank has an A health rating.

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Health
A

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #28593
Year Established1905
Employees204
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.28%
Return on Equity - YTD3.8%
Annual Interest Income$34.8MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$947.4MM$897.5MM
LoansQ3 2024vs Q3 2023$756.3MM$737.5MM
DepositsQ3 2024vs Q3 2023$809.2MM$809.8MM
Equity CapitalQ3 2024vs Q3 2023$69.7MM$69.9MM
Loan Loss AllowanceQ3 2024vs Q3 2023$9.5MM$9.2MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$2.4MM$1.6MM
Real Estate OwnedQ3 2024vs Q3 2023$151K$126K
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates

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