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Printer ViewYou Are Here: Home : Personal Banking Home : Certificates & IRAs : Laddered CD Program

Laddered CD Program

Are you interested in maximizing your earning potential on your certificates of deposit?

Are you tired of shopping to find the best rate?

Are you worried about having money available in case of an emergency?

Sturgis Bank & Trust Company offers a unique Laddered CD Program that provides individuals, businesses, organizations, and IRA's with:

  • A higher Annual Percentage Yield (APY) return
  • Cash withdrawal of interest and excess principal*
  • Full administration by our Trust Department free of charge**
Contact us today to learn how this unique program can help you reach your financial goals.

Laddered CD Program


  • $50,000 minimum deposit to open
  • 3,4 or 5 year ladder
  • 6 month or 1 year rungs/intervals on the ladder
  • .25% APY increase on all certificates
  • 10% withdrawal privilege on any maturing CD during the grace period as long as the balance of the CD's remain above the minimum
  • Payable on Death (POD) designation permitted
  • FDIC insured up to allowable limit

*Laddered CD Program participants are allowed to reinvest the earned interest into their CD or receive the earned interest as a cash withdrawal. A 10% principal reduction is allowed at time of maturing CD if the program balance remains above the $50,000 minimum.

**The Laddered CD Program is administrated by the Sturgis Bank & Trust Company Trust Department through a required custodial agreement without any applicable trust fees.

Subject to change without notice
Penalty for early withdrawal may apply

Contact Us to Learn More

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