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Sturgis Bancorp Reports Earnings for 2020


Press release content from Accesswire. The AP news staff was not involved in its creation.
Sturgis Bancorp Reports Earnings for 2020
January 28, 2021 GMT
STURGIS, MI / ACCESSWIRE / January 28, 2021 / Sturgis Bancorp, Inc. (OTCQX:STBI) today announced net income of $6.0 million for 2020 and $1.6 million for the fourth quarter of 2020.
Sturgis Bancorp, Inc. is the holding company for the Bank, and the Bank’s subsidiaries: Oakleaf Financial Services, Inc., Oak Mortgage, LLC, Oak Insurance Services, LLC, and Oak Title Services, LLC. The Bank provides a full array of trust, commercial and consumer banking services from banking centers in Sturgis, Bangor, Bronson, Centreville, Climax, Colon, Portage, South Haven, St. Joseph, Three Rivers and White Pigeon, Michigan. Oakleaf Financial Services offers a complete range of investment and financial-advisory services. Oak Mortgage offers residential mortgages in all markets of the Bank. Oak Insurance Services offers various c ....

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Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend


Sturgis Bancorp, Inc. Declares Quarterly Cash Dividend
Sturgis Bancorp, Inc. (OTCQX:
STBI) today announced that its Board of Directors has declared a cash dividend of $0.16 per common share, payable March 15, 2021 to stockholders of record February 12, 2021. This declaration continues the quarterly dividend at the highest level in the Company s history, in recognition of strong earnings.
Sturgis Bancorp, Inc. is the holding company for the Bank, and the Bank s subsidiaries:
Oakleaf Financial Services, Inc., Oak Mortgage, LLC, Oak Insurance Services, LLC, and Oak Title Services, LLC. The Bank provides a full array of trust, commercial and consumer banking services from banking centers in Sturgis, Bangor, Bronson, Centreville, Climax, Colon, Portage, South Haven, St. Joseph, Three Rivers and White Pigeon, Michigan. Oakleaf Financial Services offers a complete range of investment and financial-advisory services. Oak Mortgage offers residential mortgages in all market ....

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