Attention – if your mortgage has escrow, the payment change for your new payment amount resulting from the annual escrow analysis is April 1, 2023. If you have questions, please contact your local banking center.

Sturgis Bank

Personal Savings & Money Market Accounts

Accounts Where Your Money Can Grow

Personal savings

You rely on a checking account to manage the transactions in your life, from depositing your salary to paying your expenses. A savings account helps you set aside money and earn interest on it to finance your personal goals.

The team at Sturgis Bank makes saving money more convenient with a range of accounts that:

Are easy to open and maintain
Keep your cash safe from fire, flood, or theft
Give you access to your funds whenever you need them

With a savings account, you’ll have the cash to pay for unexpected expenses like car repairs. You’ll also have a place to build funds for a vacation, holiday shopping, a house down payment, or a car purchase.

Start planning for your future with a savings account from Sturgis Bank. Contact Us to open your account today!

Statement Savings

You need a savings account that allows a low monthly balance.

Open Now

Ultimate Savings

You have a large pool of funds to open an account and seek a higher interest rate.

Open Now

Super Multiplier (Money Market)

You want an account with a higher interest rate that allows you to write a few checks.

Open Now

Holiday Savings

You want a short-term savings account that gives you access to funds during the holidays.

School Savings

You have a student under 18 years old interested in money management and savings.

Learn more

Features	Statement Savings	Ultimate Savings	Super Multiplier (Money Market)	Holiday Savings	School Savings
Opening Deposit	$100	$10,000	$2,500	$10	$1.00
Minimum Balance To Avoid Service Fee	$100	$100	$2,500		$0 for students younger than 18 $100 for students 18+
Monthly Service Fee	$2.00 If Balance Falls Below $100	$2.00 If Balance Falls Below $100	$6.00 If Balance Falls Below $2,500		For students 18+, $2.00 if Balance Falls Below $100
Interest*	Yes	Yes, Tiered Variable Rate	Yes, Tiered Variable Rate	Yes	Yes, Tiered Variable Rate
ATM Card**	Free	Free	Not Available		Not Available
Online Banking and BillPay	Free	Free	Free	Free	Not Available
eStatements	Available	Available	Available	Available	Available

*Call your hometown banking center for current interest rates. ** Non-proprietary ATM fees may apply.

Statement Savings
Opening Deposit $100
Minimum Balance to Avoid Service Fee $100
Monthly Service Fee $2.00 If Balance Falls Below $100
Interest - Check Rates Yes
ATM Card* Free
Online Banking and BillPay Free
eStatements Available

Ultimate Savings
Opening Deposit $10,000
Minimum Balance to Avoid Service Fee $100
Monthly Service Fee $2.00 If Balance Falls Below $100
Interest - Check Rates Yes, Tiered Variable Rate
ATM Card* Free
Online Banking and BillPay Free
eStatements Available

Super Multiplier (Money Market)
Opening Deposit $2,500
Minimum Balance to Avoid Service Fee $2,500
Monthly Service Fee $6.00 If Balance Falls Below $2,500
Interest - Check Rates Yes, Tiered Variable Rate
ATM Card* Not Available
Online Banking and BillPay Free
eStatements Available

Holiday Savings
Opening Deposit $10
Minimum Balance to Avoid Service Fee
Monthly Service Fee
Interest - Check Rates Yes
ATM Card*
Online Banking and BillPay Free
eStatements Available

School Savings
Opening Deposit $1.00
Minimum Balance to Avoid Service Fee $0 for students younger than 18 $100 for students 18+
Monthly Service Fee For students 18+, $2.00 if Balance Falls Below $100
Interest - Check Rates Yes, Tiered Variable Rate
ATM Card* Not Available
Online Banking and BillPay Not Available
eStatements Available