Sturgis Bancorp [Mi] (STBI) 11.8500 $STBI
Sturgis Bancorp, Inc. Announces Resignation of Director John R. Dresser
Marketwired - Fri May 13, 4:05PM CDT
STURGIS, MI--(Marketwired - May 13, 2016) - Sturgis Bancorp, Inc. (OTCQX: STBI) today announced the resignation of John R. Dresser from its board of directors and the board of directors of its wholly owned subsidiary, Sturgis Bank & Trust Company. On May 1, 2016, Mr. Dresser announced his departure from the law firm Dresser, Dresser, Haas and Caywood P.C. As a result of his departure, Mr. Dresser was deemed to have resigned from the boards of directors of the Company and Sturgis Bank & Trust as required by the Company's Bylaws. "The board of directors has regretfully accepted John's resignation," stated Eric Eishen, Chief Executive Officer of Sturgis Bancorp, Inc. He added "John has been a member of the board of directors since 2007 and has been active in many service organizations in the Sturgis community. We appreciate John's counsel over the years and wish him the best in his future endeavors."
Sturgis Bancorp, Inc. Increases Quarterly Cash Dividend
Marketwired - Tue Apr 26, 1:42PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its Board of Directors has declared a cash dividend of $0.10 per common share, payable June 15, 2016 to stockholders of record May 13, 2016. This declaration further increases the quarterly stock dividend from $0.08 per common share in the first quarter of 2016.
Sturgis Bancorp Reports Earnings for First Quarter 2016
Marketwired - Mon Apr 25, 9:38AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $592,000 for the first quarter of 2016.
Sturgis Bancorp Reports Earnings for 2015
Marketwired - Fri Jan 29, 9:57AM CST
Sturgis Bancorp, Inc. (OTCQX: STBI) announced a net income of $2.5 million for 2015, and net income of $824,000 for the fourth quarter of 2015, Eric L. Eishen, President and CEO, announced today.
OTC Markets Group Announces Quarterly Index Performance and Rebalancing
PR Newswire - Tue Jan 26, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the fourth quarter 2015 performance and quarterly rebalancing of the OTCQX® indexes, the OTCQB® Venture Index, the OTCM QX ADR Index ("OTCQX30"
and the OTCM ADR Index.
KLDX: 3.65 (+0.15), AVXL: 4.44 (+0.09)
Sturgis Bancorp Reports Earnings for Third Quarter 2015
Marketwired - Wed Oct 14, 4:17PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $534,000 for the third quarter of 2015.
Sturgis Bancorp, Inc. Announces Cash Dividend
Marketwired - Wed Jul 22, 8:13AM 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 September 15, 2015 to stockholders of record August 14, 2015.
Sturgis Bancorp Reports Earnings for Second Quarter 2015
Marketwired - Fri Jul 17, 10:12AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $706,000 for the second quarter of 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, Inc. Announces Resignation of Director John R. Dresser
Marketwired - Fri May 13, 4:05PM CDT
STURGIS, MI--(Marketwired - May 13, 2016) - Sturgis Bancorp, Inc. (OTCQX: STBI) today announced the resignation of John R. Dresser from its board of directors and the board of directors of its wholly owned subsidiary, Sturgis Bank & Trust Company. On May 1, 2016, Mr. Dresser announced his departure from the law firm Dresser, Dresser, Haas and Caywood P.C. As a result of his departure, Mr. Dresser was deemed to have resigned from the boards of directors of the Company and Sturgis Bank & Trust as required by the Company's Bylaws. "The board of directors has regretfully accepted John's resignation," stated Eric Eishen, Chief Executive Officer of Sturgis Bancorp, Inc. He added "John has been a member of the board of directors since 2007 and has been active in many service organizations in the Sturgis community. We appreciate John's counsel over the years and wish him the best in his future endeavors."
Sturgis Bancorp, Inc. Increases Quarterly Cash Dividend
Marketwired - Tue Apr 26, 1:42PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced that its Board of Directors has declared a cash dividend of $0.10 per common share, payable June 15, 2016 to stockholders of record May 13, 2016. This declaration further increases the quarterly stock dividend from $0.08 per common share in the first quarter of 2016.
Sturgis Bancorp Reports Earnings for First Quarter 2016
Marketwired - Mon Apr 25, 9:38AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $592,000 for the first quarter of 2016.
Sturgis Bancorp Reports Earnings for 2015
Marketwired - Fri Jan 29, 9:57AM CST
Sturgis Bancorp, Inc. (OTCQX: STBI) announced a net income of $2.5 million for 2015, and net income of $824,000 for the fourth quarter of 2015, Eric L. Eishen, President and CEO, announced today.
OTC Markets Group Announces Quarterly Index Performance and Rebalancing
PR Newswire - Tue Jan 26, 6:00AM CST
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the fourth quarter 2015 performance and quarterly rebalancing of the OTCQX® indexes, the OTCQB® Venture Index, the OTCM QX ADR Index ("OTCQX30"
and the OTCM ADR Index. KLDX: 3.65 (+0.15), AVXL: 4.44 (+0.09)
Sturgis Bancorp Reports Earnings for Third Quarter 2015
Marketwired - Wed Oct 14, 4:17PM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $534,000 for the third quarter of 2015.
Sturgis Bancorp, Inc. Announces Cash Dividend
Marketwired - Wed Jul 22, 8:13AM 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 September 15, 2015 to stockholders of record August 14, 2015.
Sturgis Bancorp Reports Earnings for Second Quarter 2015
Marketwired - Fri Jul 17, 10:12AM CDT
Sturgis Bancorp, Inc. (OTCQX: STBI) today announced net income of $706,000 for the second quarter of 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.
