Sturgis Bancorp, Inc. is a bank holding company of Sturgis Bank & Trust Company, which engages in accepting deposits from the general public and making single family mortgage loans, as well as consumer and commercial loans. It operates through the portfolio segments: Commercial, Commercial Real Estate and Commercial Construction, Consumer, Residential and Residential Construction, and Home Equity. The Commercial segment includes loans to businesses that are sole proprietorships, partnerships, limited liability companies and corporations. The Commercial Real Estate and Commercial Construction segment refers to the loans to individuals or businesses that are secured by improved and unimproved vacant land, farmland, commercial real property, multifamily residential properties, and all other conforming, non residential properties. The Consumer segment comprises of term loans or lines of credit for the purchase of consumer goods, vehicles or home improvement. The Residential and Residential Construction segment provides loans to purchase or refinance single family residences. The Home Equity segment includes loans to purchase consumer goods or home improvements. The company was founded on January 1, 2002 and is headquartered in Sturgis, MI.