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

not available 

$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

not available 

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 

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.

Contact Us

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 not available 

Monthly Service Fee not available 

Interest - Check Rates Yes

ATM Card* not available 

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

 

Contact Us

* Non-proprietary ATM fees may apply

For more detailed disclosures please contact us at 269-651-9345.  Disclosures will be mailed or delivered within 10 business days upon request.

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