School Saving Program

The School Savings Program is a partnership between Sturgis Bank & Trust Company and “participating” schools in our communities.  Since 1991, hundreds of students have opened their own savings accounts and taken their very first steps on the road to financial responsibility.

Here's how it works:

A Bank Representative will visit your child’s school weekly on their designated “Banking Day” to accept deposits from students with bank accounts. They are not required to make deposits weekly.  The students will receive a prize when making a deposit.  This deposit will be logged into their savings book (if brought to School) and then taken back to the Bank to be deposited into their account. 

Participating Schools 

• Bronson Community Schools: Anderson Elementary, Ryan Elementary & St. Mary's School of Assumption
• Colon Schools: Colon Elementary
• Sturgis Public Schools: Congress Elementary, Eastwood Elementary, Wall Elementary, & Wenzel Elementary
• White Pigeon Schools: Central Elementary

PLEASE NOTE: If your child does not attend one of the "participating" schools, you may still open a School Savings account and they can make their deposits at any branch location.

School Savings Account Features

• $1.00 minimum deposit to open an account
• No minimum balance required
• No monthly service fee until the age of 18, at that time a service fee of $2.00 will be imposed every month if the balance falls below $100 any day of the month.
• Competitive variable interest rate paid on the entire balance
• Interest compounded and paid quarterly
• Quarterly statements/eStatements available

For additional information please feel free to contact one of our School Savings Representatives: