Sturgis Bancorp, Inc., serves as a financial holding company for Sturgis Bank & Trust Company (the Bank), a state-chartered bank whose principal business is to accept savings deposit from the general public and make single family mortgage loans and to a lesser extent, consumer and commercial loans. Sturgis Bank & Trust Company was founded in 1905 and is based in Sturgis, Michigan.The bank operates 12 offices in Michigan, United States. 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.