Southern Michigan Bank & Trust is an FDIC insured institution headquartered at
45 W Pearl St, Coldwater, MI 49036.
It was founded in
1872 and has approximately $1 billion in assets. Customers can open an account at one of its 17 branches.
| SAVINGS RATES | APY | MIN | |
|---|---|---|---|
|
Savings
|
0.01% | $1 | Compare |
| CD RATES | APY | MIN | |
|---|---|---|---|
|
6 Mo CD
|
0.10% | $500 | Compare |
|
12 Mo CD
|
0.15% | $500 | Compare |
|
18 Mo CD
|
0.15% | $500 | Compare |
|
24 Mo CD
|
0.25% | $500 | Compare |
|
30 Mo CD
|
0.25% | $500 | Compare |
|
36 Mo CD
|
0.35% | $500 | Compare |
|
48 Mo CD
|
0.45% | $500 | Compare |
|
60 Mo CD
|
0.55% | $500 | Compare |
| MM RATES | APY | MIN | |
|---|---|---|---|
|
Money Market
|
0.01% | $1,000 | Compare |
|
Money Market
|
0.01% | $10,000 | Compare |
|
Money Market
|
0.05% | $25,000 | Compare |
|
Intro APR: 6.990 %
After Intro:6.990 % |
$0 |
Reliant Home Funding, Inc NMLS ID: 292473 / Updated 2025-04-25 |
Intro APR: 7.400 %
After Intro:7.400 % |
$15,000 |
Upstart NMLS ID: 2443873 / Updated 2025-04-25 |
As low as 6.3% APR on your initial draw* | $0 |
Figure Home Equity NMLS ID: 1717824 / Updated 2025-04-10 |
Intro APR: 7.400 %
After Intro:7.400 % |
$15,000 |
Four Leaf Federal Credit Union NMLS ID: 449104 / Updated 2025-04-18 |
Intro APR: 6.490 %
After Intro:7.750 % Intro Period: 12 months |
$25,000 |
Unlock Technologies, Inc. NMLS ID: Not a Lender / Updated 2025-04-25 |
Get cash now in exchange for a percentage of your homes future equity. | $0 |
Achieve Loans NMLS ID: 1810501 / Updated 2025-03-31 |
Intro APR: 8.750 %
After Intro:8.750 % |
$0 |
District Lending NMLS ID: 598623 / Updated 2025-04-25 |
No Lender Fees | $0 |
| Tap Into the Equity of Your Home to Get The Cash You Need | $0 |
CrossCountry Mortgage, LLC NMLS ID: 3029 / Updated 2025-04-25 |
Unlock Your Home's Potential | $0 |
AmeriSave Mortgage Corporation NMLS ID: 1168 / Updated 2025-04-25 |
Home Equity Loans & Refinance – Cash out | $0 |
Point Digital Finance NMLS ID: Not a Lender / Updated 2025-04-25 |
Get up to $500k with no monthly payments, ever. | $0 |
New American Funding, LLC NMLS ID: 6606 / Updated 2025-04-25 |
Cash-Out and Home Equity Options Available. | $0 |
| HELOC approval in 5 minutes, funding in 5 days. Borrow up to $400k online. | $0 |
Spring EQ NMLS ID: 1464945 / Updated 2025-04-25 |
The leader for homeowners tapping cash from their homes since 2016. | $0 |
| Home Equity Line of Credit - Equal Housing Lender | $0 |
District Lending NMLS ID: 1835285 |
6.380% |
$1,971
Fees & Points
$4,400 Total
0.875 Pts ($2,800) $1,600 Fees |
Green Lending, LLC NMLS ID: 2598612 |
6.463% |
$1,997
Fees & Points
$3,164 Total
0.673 Pts ($2,154) $1,010 Fees |
Beeline Loans, Inc. NMLS ID: 1799947 |
6.703% |
$2,049
Fees & Points
$2,579 Total
0.806 Pts ($2,579) $0 Fees |
Mutual of Omaha Mortgage, Inc. NMLS ID: 1025894 |
6.714% |
$2,049
Fees & Points
$2,953 Total
0.704 Pts ($2,253) $700 Fees |
Sebonic NMLS ID: 66247 |
6.814% |
$2,076
Fees & Points
$2,102 Total
0.657 Pts ($2,102) $0 Fees |
| 6.817% |
$2,076
Fees & Points
$2,202 Total
0.688 Pts ($2,202) $0 Fees |
PenFed Credit Union NMLS ID: 401822 |
6.818% |
$2,049
Fees & Points
$6,400 Total
1.000 Pts ($3,200) $3,200 Fees |
West Capital Lending NMLS ID: 1566096 |
6.884% |
$2,076
Fees & Points
$4,409 Total
0.831 Pts ($2,659) $1,750 Fees |
Rocket Mortgage NMLS ID: 3030 |
7.451% |
$2,211
Fees & Points
$2,400 Total
0.750 Pts ($2,400) $0 Fees |
Beeline Loans, Inc. NMLS ID: 1799947 |
Fees & Points
Total
Pts ($0) $0 Fees |
Top Flite Financial NMLS ID: 4181 |
Fees & Points
Total
Pts ($0) $0 Fees |
Veterans United Home Loans NMLS ID: 1907 |
Fees & Points
Total
Pts ($0) $0 Fees |
| FDIC Insured | Yes |
| FDIC Certificate | # 5019 |
| Date Established | 1872 |
| Assets | $ 1,495.55 million |
| Loans | $ 1,104.65 million |
| Deposits | $ 1,259.17 million |
| Capital | $ 133.71 million |
| ASSETS | |
| Cash & Balances due from depository institutions | $ 73.73 million |
| Interest-bearing balances | $ 53.34 million |
| Total securities | $ 219.77 million |
| Federal funds sold and reverse repurchase | $ 0.26 million |
| Net loans and leases | $ 1,104.65 million |
| Loan loss allowance | $ 12.78 million |
| Trading account assets | N.A. |
| Bank premises and fixed assets | N.A. |
| Other real estate owned | N.A. |
| Goodwill and other intangibles | $ 14.60 million |
| All other assets | $ 35.71 million |
| Total Assets | $ 1,361.84 million |
| LIABILITIES | |
| Total deposits | $ 1,259.17 million |
| Interest-bearing deposits | $ 1,028.21 million |
| Deposits held in domestic offices | $ 1,259.17 million |
| % insured (estimated)" | 66.31% |
| Federal funds purchased and repurchase agreements | $ 1.56 million |
| Trading liabilities | N.A. |
| Other borrowed funds | $ 13.02 million |
| Subordinated debt | N.A. |
| All other liabilities | $ 8.91 millionn |
| Total Liabilities | $ 1,361.84 million |
| Shareholders’ Equity | $ 133.71 million |
| INCOME AND EXPENSES | |
| Total Interest Income | $ 76.01 million |
| Total Interest Expense | $ 33.42 million |
| Net interest income | $ 42.58 million |
| Provision for loan and lease losses | $ 1.01 million |
| Total non interest income | $ 8.45 million |
| Total non interest expense | $ 35.94 million |
| Pre-tax Net Operating Income | $ 8.18 million |
Click on location and enter new zip number to change."
Your current location is: Columbus, OH
There are currently no comments for Southern Michigan Bank & Trust. Be the first to share your experience. Please provide comments that will help others.