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Sturgis Bank Interest Rates

Business Rates

Checking Account Rates

Rates effective as of

Civic, Church, & Charitable Checking
Whole Balance Tiers Minimum Opening Deposit Annualized Compound Period Interest Rate Annual Percentage Yield
$0.01 to $449.99 $100 Monthly 0.00% 0.00%
$450 to $2,499.99 $100 Monthly 0.02% 0.02%
$2,500 to $24,999.99 $100 Monthly 0.10% 0.10%
$25,000 to $49,999.99 $100 Monthly 0.15% 0.15%
$50,000 to $99,999.99 $100 Monthly 0.20% 0.20%
$100,000 or more $100 Monthly 0.25% 0.25%
Municipality & Schools Checking
Whole Balance Tiers Minimum Opening Deposit Annualized Compound Period Interest Rate Annual Percentage Yield
$0.01 to $24,999.99 $100 Monthly 0.10% 0.10%
$25,000 to $99,999.99 $100 Monthly 0.20% 0.20%
$100,000 to $249,999.99 $100 Monthly 0.25% 0.25%
$250,000 or more $100 Monthly 0.35% 0.35%
Sole Proprietor Checking
Whole Balance Tiers Minimum Opening Deposit Annualized Compound Period Interest Rate Annual Percentage Yield
$0.01 to $24,999.99 $100 Monthly 0.04% 0.04%
$25,000 to $99,999.99 $100 Monthly 0.04% 0.04%
$100,000 to $249,999.99 $100 Monthly 0.04% 0.04%
$250,000 or more $100 Monthly 0.04% 0.04%

Savings & Money Market Account Rates

Statement Savings Account
Whole Balance Tiers Minimum Opening Deposit Annualized Compound Period Interest Rate Annual Percentage Yield
$100 or more $100 Quarterly 0.02% 0.02%
Ultimate Savings Account
Whole Balance Tiers Minimum Opening Deposit Annualized Compound Period Interest Rate Annual Percentage Yield
$0.01 to $9,999.99 $10,000 Monthly 0.02% 0.02%
$10,000 or more $10,000 Monthly 0.04% 0.04%
Corporate Multiplier Money Market Account
Whole Balance Tiers Minimum Opening Deposit Annualized Compound Period Interest Rate Annual Percentage Yield
$0.01 to $4,999.99 $2,500 Monthly 0.05% 0.05%
$5,000 to $24,999.99 $2,500 Monthly 0.10% 0.10%
$25,000 to $49,999.99 $2,500 Monthly 0.15% 0.15%
$50,000 to $99,999.99 $2500 Monthly 0.20% 0.20%
$100,000 to $499,999.98 $2,500 Monthly 0.25% 0.25%
$499,999.99 or more $2,500 Monthly 0.25% 0.25%

Posted rates may change without notice, including after account opening.

You may call 269-651-9345 or Toll Free 888-255-7372 to determine if these rates have changed, or visit our website www.sturgis.bank.

**Important Notice: Savings and Money Market accounts are limited transaction accounts and are subject to Federal Regulation D. Excessive withdrawals over the limit may result in fees, termination of transfer capability and/or account closure. See your account disclosure for full details.

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