September 23, 2017 4:56 PM ET

Thrifts and Mortgage Finance

Company Overview of Sturgis Bank & Trust Company

Company Overview

Sturgis bank & Trust Company engages in the banking business. It primarily accepts savings deposits from the general public and make single family mortgage loans and to a lesser extent, consumer and commercial loans. The bank offers various types of savings programs, including passbook and statement accounts, NOW accounts, Super NOW accounts, money-market accounts, and fixed-rate and fixed-term certificates of deposit. Sturgis bank’s loan portfolio comprises mortgage loans on residential properties, mortgage loans on commercial properties, commercial nonmortgage loans, construction loans, automobile loans, boat loans, recreational vehicle, mobile home loans, personal loans, and educational l...

113-125 East Chicago Road

PO Box 600

Sturgis, MI 49091

United States

Founded in 1905

91 Employees

Phone:

269-651-9345

Fax:

269-651-5512

Key Executives for Sturgis Bank & Trust Company

Chief Executive Officer, President and Director
Age: 51
Chief Financial Officer, Secretary and Treasurer
Age: 50
Chief Operating Officer and Executive Vice President
Age: 61
Senior Vice President
Age: 66
Vice President of Human Resources
Compensation as of Fiscal Year 2017.

Sturgis Bank & Trust Company Key Developments

Sturgis Bank & Trust Company Appoints Kimberlee Bontrager to the Board of Directors

Sturgis Bancorp Inc. announced the appointment of Kimberlee Bontrager to the Board of Directors for its subsidiary Sturgis Bank & Trust Company. Kim Bontrager, is President/Owner of Locey CPA, LLC. Bontrager previously was employed at Lincoln Memorial University, Harrogate, TN, where she served as VP of Finance in charge of accounting, financial, banking, IT, and construction operations for the University. Bontrager's appointment expands the Board to seven members.

Sturgis Bancorp, Inc. and Sturgis Bank & Trust Company Announce Resignation of John R. Dresser as Director

Sturgis Bancorp Inc. announced the resignation of John R. Dresser from its board of directors and the board of directors of its wholly owned subsidiary, Sturgis Bank & Trust Company. On May 1, 2016, Mr. Dresser announced his departure from the law firm Dresser, Dresser, Haas and Caywood P.C. As a result of his departure, Mr. Dresser was deemed to have resigned from the boards of directors of the Company and Sturgis Bank & Trust as required by the Company's Bylaws.

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Recent Private Companies Transactions

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