Sturgis Bancorp [Mi] (STBI) 10.2500 $STBI
Sturgis Bancorp Reports Earnings for First Quarter 2015
Marketwired - Tue May 05, 2:30PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $397,000 for the first quarter of 2014.
Sturgis Bancorp declares $0.03 dividend
Seeking Alpha - at Seeking Alpha - Wed Apr 29, 10:52AM CDT
Sturgis Bancorp, Inc. Announces Cash Dividend
Marketwired - Wed Apr 29, 9:40AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its Board of Directors has declared a cash dividend of $0.03 per common share, payable June 15, 2015 to stockholders of record May 15, 2015.
Sturgis Bancorp, Inc. Completes Acquisition of West Michigan Savings Bank
Marketwired - Tue Apr 07, 6:56AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI), the parent company of Sturgis Bank & Trust Company, announced that after the close of business yesterday it completed its previously announced acquisition of West Michigan Savings Bank in an all-cash transaction valued at approximately $3.3 million. Assuming no additional purchase price adjustments, the per share transaction price payable to shareholders for each share of West Michigan Savings Bank was $330.04. The ultimate purchase price is still subject to adjustment in the event that the costs of funding and terminating West Michigan Savings Bank's pension plan exceed a specified amount.
Sturgis Bancorp Reports Shareholder Approval of Consolidation
Marketwired - Mon Mar 30, 3:56PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) is pleased to announce shareholder approval of the Consolidation Agreement for its subsidiary Sturgis Bank & Trust Company (Sturgis Bank) to acquire West Michigan Savings Bank (WMSB), Eric L. Eishen, President and CEO, announced today.
Sturgis Bancorp, Inc. Announces Director Resignation
Marketwired - Tue Jan 06, 8:30AM CST
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced David L. Franks resigned from the boards of Sturgis Bancorp Inc. and its subsidiary Sturgis Bank & Trust Company, effective January 2, 2015. Mr. Franks cited personal reasons for his departure. Mr. Franks stated, "My experience serving this organization has truly been an honor." He added, "I will continue to support the Bank as a customer and stockholder."
OTC Markets Group Welcomes Sturgis Bancorp to OTCQX®
PR Newswire - Wed Dec 31, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Sturgis Bancorp, Inc. (OTCQX: STBI), the holding company for Sturgis Bank & Trust Company in Sturgis, Michigan, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.
Sturgis Bancorp Reports Earnings for Third Quarter 2014
Marketwired - Thu Nov 13, 6:25AM CST
Sturgis Bancorp, Inc. (OTCQB: STBI) today announced net income of $330,000 for the third quarter of 2014.
Sturgis Bancorp, Inc. Announces Agreement to Acquire West Michigan Savings Bank
Marketwired - Wed Nov 12, 6:00PM CST
Sturgis Bancorp, Inc. (OTCQB: STBI), the parent company of Sturgis Bank & Trust Company, announced the signing of a definitive agreement to acquire West Michigan Savings Bank. Under the terms of the agreement, West Michigan Savings Bank will be consolidated into Sturgis Bank & Trust Company in an all-cash transaction valued at $4.0 million. Assuming no purchase price adjustments, the per share transaction price payable to West Michigan Savings Bank shareholders for each share of West Michigan Savings Bank would be $400.00. The ultimate purchase price is subject to adjustment in the event that West Michigan Savings Bank does not maintain a specified level of shareholders' equity when the transaction closes or if the costs of funding and terminating West Michigan Savings Bank's pension plan exceed a specified amount. Completion of the transaction is subject to approval by bank regulators and West Michigan Savings Bank's shareholders, as well as other customary closing conditions. The transaction is expected to be completed late in the first quarter of 2015.
Sturgis Bancorp Reports Earnings for Second Quarter 2014
Marketwire - Wed Jul 16, 2:00PM CDT
Sturgis Bancorp, Inc. (OTCBB: STBI) today announced net income of $554,000 for the second quarter of 2014.
Sturgis Bancorp Reports Earnings for First Quarter 2015
Marketwired - Tue May 05, 2:30PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $397,000 for the first quarter of 2014.
Sturgis Bancorp declares $0.03 dividend
Seeking Alpha - at Seeking Alpha - Wed Apr 29, 10:52AM CDT
Sturgis Bancorp, Inc. Announces Cash Dividend
Marketwired - Wed Apr 29, 9:40AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its Board of Directors has declared a cash dividend of $0.03 per common share, payable June 15, 2015 to stockholders of record May 15, 2015.
Sturgis Bancorp, Inc. Completes Acquisition of West Michigan Savings Bank
Marketwired - Tue Apr 07, 6:56AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI), the parent company of Sturgis Bank & Trust Company, announced that after the close of business yesterday it completed its previously announced acquisition of West Michigan Savings Bank in an all-cash transaction valued at approximately $3.3 million. Assuming no additional purchase price adjustments, the per share transaction price payable to shareholders for each share of West Michigan Savings Bank was $330.04. The ultimate purchase price is still subject to adjustment in the event that the costs of funding and terminating West Michigan Savings Bank's pension plan exceed a specified amount.
Sturgis Bancorp Reports Shareholder Approval of Consolidation
Marketwired - Mon Mar 30, 3:56PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) is pleased to announce shareholder approval of the Consolidation Agreement for its subsidiary Sturgis Bank & Trust Company (Sturgis Bank) to acquire West Michigan Savings Bank (WMSB), Eric L. Eishen, President and CEO, announced today.
Sturgis Bancorp, Inc. Announces Director Resignation
Marketwired - Tue Jan 06, 8:30AM CST
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced David L. Franks resigned from the boards of Sturgis Bancorp Inc. and its subsidiary Sturgis Bank & Trust Company, effective January 2, 2015. Mr. Franks cited personal reasons for his departure. Mr. Franks stated, "My experience serving this organization has truly been an honor." He added, "I will continue to support the Bank as a customer and stockholder."
OTC Markets Group Welcomes Sturgis Bancorp to OTCQX®
PR Newswire - Wed Dec 31, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected financial marketplaces, today announced Sturgis Bancorp, Inc. (OTCQX: STBI), the holding company for Sturgis Bank & Trust Company in Sturgis, Michigan, has qualified to trade on OTCQX®, the best marketplace for established, global and growth companies.
Sturgis Bancorp Reports Earnings for Third Quarter 2014
Marketwired - Thu Nov 13, 6:25AM CST
Sturgis Bancorp, Inc. (OTCQB: STBI) today announced net income of $330,000 for the third quarter of 2014.
Sturgis Bancorp, Inc. Announces Agreement to Acquire West Michigan Savings Bank
Marketwired - Wed Nov 12, 6:00PM CST
Sturgis Bancorp, Inc. (OTCQB: STBI), the parent company of Sturgis Bank & Trust Company, announced the signing of a definitive agreement to acquire West Michigan Savings Bank. Under the terms of the agreement, West Michigan Savings Bank will be consolidated into Sturgis Bank & Trust Company in an all-cash transaction valued at $4.0 million. Assuming no purchase price adjustments, the per share transaction price payable to West Michigan Savings Bank shareholders for each share of West Michigan Savings Bank would be $400.00. The ultimate purchase price is subject to adjustment in the event that West Michigan Savings Bank does not maintain a specified level of shareholders' equity when the transaction closes or if the costs of funding and terminating West Michigan Savings Bank's pension plan exceed a specified amount. Completion of the transaction is subject to approval by bank regulators and West Michigan Savings Bank's shareholders, as well as other customary closing conditions. The transaction is expected to be completed late in the first quarter of 2015.
Sturgis Bancorp Reports Earnings for Second Quarter 2014
Marketwire - Wed Jul 16, 2:00PM CDT
Sturgis Bancorp, Inc. (OTCBB: STBI) today announced net income of $554,000 for the second quarter of 2014.
