Sturgis Bancorp, Inc. operates as the holding company of Sturgis Bank & Trust Company, which
primarily engages in accepting deposits from the general public and making single family mortgage loans,
as well as consumer and commercial loans. The Bank's deposit accounts include statement accounts, NOW
accounts, money-market accounts, and fixed-rate and fixed-term certificates of deposit. Its lending
activities include mortgage loans on residential properties, mortgage loans on commercial properties,
commercial nonmortgage loans, and consumer loans. The Bank invests in various liquid assets, including
securities of various federal and state agencies, certificates of deposit at insured financial
institutions, and federal funds. The Bank's trust department offers trust, custodial, and agency
accounts to its customers within the Bank's market area. The bank operates 13 offices in Michigan,
United States. Sturgis Bank & Trust Company was founded in 1905 and is based in Sturgis, Michigan.