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News and Information

Auto Loan Special!

03-Nov-2011

Now offering a SPECIAL LOW RATE for newer vehicles. Contact a Lender (http://www.sturgisbank.com/contact-loan-department.htm) today!..

Health Savings Account

03-Nov-2011

Health Savings Accounts (HSA) help you manage your health care expenses without risking health care coverage. Learn more (http://www.sturgisbank.com/health-savings-accounts.htm)...

Holiday Savings Account

03-Nov-2011

The Holiday Savings is a great way to put a little money aside throughout the year so you have the money you need for the holidays. Open your Holiday Savings today and enjoy the holidays without feeli..

U. S. Savings Bonds are Going Paperless

03-Nov-2011

On Dec. 31, 2011, the U.S. Department of the Treasury will end over-the-counter sales of paper savings bonds. Sturgis Bank & Trust Company will stop accepting applications for bonds on Dec. 29, 20..


There's a Difference at Sturgis Bank & Trust Company

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Deposit Rates

Deposit account rates and annual percentage yield (APY) are available for the following products:

Certificate of Deposits Checking Accounts Money Market Accounts
Savings Accounts
IRA Accounts

These rates are current as of 1/13/12 and may change without notice.

Contact a Customer Service Representative for further assistance.

Certificate of Deposits

 

Best in the Market CDs
(Personal and Business)

CD Term
Opening Deposit APY%
15 Month $5,000 .50
43 Month $5,000 .91

 

 

Standard CDs
(Personal and Business)

CD Term
Opening Deposit APY%
3 Month $2,500 0.10
6 Month $2,500 0.15
1 Year $500 0.25
2 Year  $500  0.50
3 Year $500 0.70
4 Year $500 0.90
5 Year $500 1.10

Checking Accounts

Oak Interest
(Personal)

Whole Balance Tiers
APY%
$1,000 - $9,999.99 0.05
$10,000 - $24,999.99 0.05 
$25,000 or more 0.10 


Homeowners Advantage
(Personal)

Whole Balance Tiers
APY%
 $1,000 - $9,999.99 0.05
 $10,000 - $24,999.99 0.05
 $25,000 or more 0.10


Civic, Church & Charitable Accounts
(Non-Personal)

Whole Balance Tiers
APY%
 $0.01 - $449.99
0.00
$450 - $2,499.99
0.05
 $2,500 - $99,999.99
0.05
 $100,000 - $249,999.99
0.10
$250,000 or more 0.10


Municipalities & School
(Non-Personal)

Whole Balance Tiers
APY%
$0.01 - $24,999.99 0.10
$25,000 - $99,999.99
0.15
$100,000 - $249,999.99
0.15
$250,000 or more
0.15


Sole Proprietorship
(Business)

Whole Balance Tiers
APY%
$0.01 - $24,999.99 0.10
$25,000 - $99,999.99
0.15
$100,000 - $249,999.99
0.15
$250,000 or more
0.15


Money Market Accounts

Super Multiplier
(Personal)

Whole Balance Tiers
APY%
$0.01 - $4,999.99 0.05
$5,000 - $24,999.99 0.10
$25,000 - $49,999.99 0.10
 $50,000 - $99,999.99 0.10
 $100,000 or more 0.10

Savings Accounts

Ultimate Savings
(Personal and Business)

Whole Balance Tiers
APY%
$0.01 - $9,999.99 0.05
$10,000 or more 0.10


Statement Savings
(Personal and Business)

Whole Balance Tiers
APY%
 $100 or more 0.05

Holiday Savings
(Personal)

Whole Balance Tiers
APY%
All balances
0.05

IRA Accounts

18 Month Variable Rate

Balance Requirement
APY%
$100
0.30
*Any of the CD products listed above can also be classified
as an IRA if you wish.


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