THRIVE Accounts

Suit your style of spending or saving with our free Thrive accounts. Thrive Rewards Checking, Thrive Cash Back Checking and Thrive Savings include no monthly maintenance fee and no minimum balance to earn rewards. Whether you’re looking for a free account that builds your savings effortlessly or free checking that pays high interest, our accounts can help you thrive.

Browse our Thrive accounts below and stop into your local Sturgis Bank Branch to open your Thrive account today or Open Now online!

Account	Thrive Rewards Checking	Thrive Cash Back Checking	Thrive Savings
Best For	HIGH YIELD	CASH BACK	SAVINGS
Monthly Rewards	5.25% APY* on balances up to and including $25,000 5.25% to 1.45% APY on balances over $25,000 depending on balance in account* 0.05% APY* on all balances if qualifications aren't met	Earn 5.00% cash back on debit card purchases^ Cash back earned on as much as $200 in purchases monthly Earn as much as $120 cash back per year, $10 per month	2.00% APY‡ on balances up to and including $100,000 2.00% to 1.25% APY on balances over $100,000 depending on balance in account‡ 0.05% APY‡ on all balances if qualifications are not met in Thrive Rewards or Thrive Cash Back
Monthly Service Fee	$0	$0	$0
ATM Access	Refunds of ATM withdrawal fees, nationwide*	Refunds of ATM withdrawal fees, nationwide*	n/a
Free Online & Mobile Banking Access?	Yes	Yes	Yes
Free Debit Card?	Yes	Yes	n/a
Minimum Opening Deposit	$50.00	$50.00	$50.00

_{Thrive Rewards Checking:}

_{Qualification Information:}

_{Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, card purchases less than $3.00, debit card purchases processed by merchants and received by our bank as ATM transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. Visit our website www.sturgis.bank or contact one of our Personal Bankers for specific Monthly Qualification Cycle dates.}

_{Reward Information:}

_{When your Thrive Rewards Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $25,000 in your Thrive Rewards Checking account earn an interest rate of 5.12775% resulting in an APY of 5.25%; and daily balances over $25,000 earn an interest rate of 0.49886% on the portion of the daily balance over $25,000, resulting in a range from 5.25% to 1.45% APY depending on the account's daily balance. You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Thrive Rewards Checking account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. NOTE: ATM fee reimbursements only apply to Thrive Rewards or Thrive Cash Back transactions via ATM; Thrive Savings ATM transaction fees are not reimbursed nor refunded. When your Thrive Rewards Checking qualifications are not met, the interest rate earned on the account's entire daily balance will be 0.04999% resulting in an annual percentage yield of 0.05% and ATM withdrawal fees are not refunded. Interest will be credited to your Thrive Rewards Checking account on the last day of the current statement cycle. Nationwide ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle.}

_{APY = Annual Percentage Yield. APYs accurate as of July 17, 2024.}

_{APY calculations are based on an assumed balance of $25,000 + $100,000 in your Thrive Rewards Checking account and an assumed statement cycle of thirty-one (31) days. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.}

_{Additional Information:}

_{Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the account. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of one (1) account per primary Social Security Number. There are no recurring monthly maintenance charges or fees to open, close or convert this account. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our Personal Bankers for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC.}

_{Thrive Cash Back Checking:}

_{Qualification Information:}

_{Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases less than $3.00, debit card purchases processed by merchants and received by our bank as ATM transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. Visit our website www.sturgis.bank or contact one of our Personal Bankers for specific Monthly Qualification Cycle dates.}

_{Reward Information:}

_{When Thrive Cash Back Checking qualifications are met during a Monthly Qualification Cycle, you will receive 5.00% cash back on up to a total of $200.00 PIN-based/signature-based debit card purchases that post and settle to the account during that cycle period. A maximum of $10.00 cash back payments may be earned per Monthly Qualification Cycle. You will receive reimbursements up to an aggregate total of $25.00 for nationwide ATM withdrawal fees incurred within your Thrive Cash Back Checking account during that Monthly Qualification Cycle. We reimburse ATM withdrawal fees based on estimates when the withdrawal information we receive does not identify the ATM withdrawal fee. If you have not received an appropriate reimbursement, we will adjust the reimbursement amount if we receive the transaction receipt within sixty (60) calendar days of the withdrawal transaction. NOTE: ATM fee reimbursements only apply to Thrive Rewards or Thrive Cash Back transactions via ATM; Thrive Savings ATM transaction fees are not reimbursed nor refunded. When your Thrive Cash Back Checking account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded. Cash back payments and nationwide ATM withdrawal fee reimbursements will be credited to your Thrive Cash Back Checking account on the last day of the current statement cycle. Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed.}

_{Additional Information:}

_{Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the account.}

_{Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of one (1) account per primary Social Security Number. There are no recurring monthly maintenance charges or fees to open, close or convert this account. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our Personal Bankers for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC.}

_{‡ Thrive Savings for Thrive Rewards Checking}

_{Qualification Information:}

_{Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases less than $3.00, debit card purchases processed by merchants and received by our bank as ATM transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. Visit our website www.sturgis.bank or contact one of our Personal Bankers for specific Monthly Qualification Cycle dates.}

_{Reward Information:}

_{When your linked Thrive Rewards Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $100,000 in your Thrive Savings account earn an APY of 2.00% and daily balances over $100,000 earn an interest rate of 0.49886% on the portion of the daily balance over $100,000, resulting in a range from 2.00% to 1.25% APY depending on the account's daily balance. When your linked Thrive Rewards Checking account qualifications are not met, the entire daily balance in the Thrive Savings account earns an interest rate of 0.04999% resulting in an annual percentage yield of 0.05% APY. Interest will be credited to your Thrive Savings account on the last day of the current statement cycle. Nationwide ATM withdrawal fee reimbursements will be credited to your account on the last day of the current statement cycle.}

_{APY = Annual Percentage Yield. APYs accurate as of July 17, 2024.}

_{APY calculations are based on an assumed balance of $100,000 + $100,000 in your Thrive Savings account and an assumed statement cycle of thirty-one (31) days.}

_{Rates, rewards, and bonuses, if any, are variable and may change after account is opened; rates may change without notice to you. No minimum balance is required to earn or receive the account's rewards. Rewards less than a penny cannot be distributed. Fees may reduce earnings.}

_{Additional Information:}

_{Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the Thrive Rewards Checking account. $50.00 minimum deposit is required to open the Thrive Savings account. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of one (1) account(s) per primary Social Security Number. There are no recurring monthly maintenance charges or fees to open, close or convert this account. A Thrive Rewards Checking account is required to have a Thrive Savings account. A linked Thrive Savings account is required for automatic savings. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our Personal Bankers for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC.}

_{‡ ‡ Thrive Savings for Thrive Cash Back Checking}

_{Qualification Information:}

_{Account transactions and activities may take one or more days to post and settle to the account and all must do so during the Monthly Qualification Cycle in order to qualify for the account's rewards. The following activities do not count toward earning account rewards: ATM-processed transactions, transfers between accounts, debit card purchases less than $3.00, debit card purchases processed by merchants and received by our bank as ATM transactions, and purchases made with debit cards not issued by our bank. Transactions bundled together by merchants and received by our institution as a single transaction count as a single transaction for the purpose of earning account rewards. "Monthly Qualification Cycle" means a period beginning one (1) banking day prior to the first day of the current statement cycle through one (1) banking day prior to the last business day of the current statement cycle. Visit our website www.sturgis.bank or contact one of our Personal Bankers for specific Monthly Qualification Cycle dates.}

_{Reward Information:}

_{When your linked Thrive Cash Back Checking account qualifications are met during a Monthly Qualification Cycle, daily balances up to and including $100,000 in your Thrive Savings account earn an APY of 2.00% and daily balances over $100,000 earn an interest rate of 0.49886% on the portion of the daily balance over $100,000, resulting in a range from 2.00% to 1.25% APY depending on the account's daily balance. When your Thrive Cash Back Checking account qualifications are not met, no cash back payments are made and ATM withdrawal fees are not refunded. In addition, the entire daily balance in the Thrive Savings account earns an interest rate of 0.04999% resulting in an annual percentage yield of 0.05% APY. Interest will be credited to your Thrive Savings account on the last day of the current statement cycle. The cash back payments and nationwide ATM withdrawal fee reimbursements earned in your Thrive Cash Back Checking account will be credited to your Thrive Savings account on the last day of the current statement cycle.}

_{APY = Annual Percentage Yield. APYs accurate as of July 17, 2024.}

_{APY calculations are based on an assumed balance of $100,000 + $100,000 in your Thrive Savings account and an assumed statement cycle of thirty-one (31) days.}

_{Additional Information:}

_{Account approval, conditions, qualifications, limits, timeframes, enrollments, log-ons and other requirements apply. $50.00 minimum deposit is required to open the Thrive Cash Back Checking account. $50.00 minimum deposit is required to open the Thrive Savings account. Enrollment in electronic services (e.g. online banking, e-statements) and log-ons may be required to meet some of the account's qualifications. Limit of one (1) account(s) per primary Social Security Number. There are no recurring monthly maintenance charges or fees to open, close or convert this account. A Thrive Cash Back Checking account is required to have a Thrive Savings account. A linked Thrive Savings account is required for automatic savings. Advertised information and rewards are based on all account qualifications being met during each cycle period. Contact one of our Personal Bankers for additional information, account details, restrictions, reward calculations, processing limitations, cycle dates and enrollment instructions. Member FDIC.}

Thrive Accounts