Banks | Southern Michigan Bank & Trust

Southern Michigan Bank & Trust

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 $2 billion in assets. Customers can open an account at one of its 17 branches.

Deposit Rates - March 23, 2026

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

Featured Home Equity Rates

Lender APR(%) Min.Initial
Draw Amount Learn More
Sponsored

Advertiser Disclosure

Four Leaf Federal Credit Union
NMLS ID: 449104 / Updated 2026-03-22
Equal Housing Lender

Tap into your home's equity & access the funds you need with a HELOC

Tap into your home's equity & access the funds you need with a HELOC
Apply online or speak with a specialist
No application, origination & appraisal fees on lines up to $500K[3]
Access cash when you need it

Third Federal Savings and Loan
NMLS ID: 449401 / Updated 2026-03-04
Equal Housing Lender

Intro APR: 6.240 %
After Intro:6.240 %

Third Federal rate are typically 20% lower than other leaders
Guaranteed Lowest Rate
No closing costs, prepayment penalties, or minimum draw requirements
10 year draw period

Farmers Bank of Kansas City
NMLS ID: 613839 / Updated 2026-03-20
Equal Housing Lender

Intro APR: 6.750 %
After Intro:6.750 %

$25,000

Customized Rate Quote
24/7 Online Borrower Portal
Streamlined Online Application
Up to 100% LTV

Figure Home Equity
NMLS ID: 1717824 / Updated 2025-09-22

Intro APR: 6.950 %
After Intro:6.950 %

$15,000

Flexible terms, borrow $15K-$750K, redraw up to 100%
Use to consolidate debt or finance your next home project
100% digital app & automated valuation
Largest non-bank HELOC lender in the US

Reliant Home Funding, Inc
NMLS ID: 292473 / Updated 2025-09-22

Intro APR: 6.950 %
After Intro:6.950 %

$15,000

Relationships Rule: Transactions end, Relationships remain
Accountability is Personal: Reflection before Projection
Service through Knowledge: Great service means great understanding
Evolve to Excel: We need to adapt and improve to succeed

Four Leaf Federal Credit Union
NMLS ID: 449104 / Updated 2025-12-22

Intro APR: 5.990 %
After Intro:7.000 %
Intro Period: 12 months

$25,000

Tap into your home's equity & access the funds you need with a HELOC
Apply online or speak with a specialist
No application, origination & appraisal fees on lines up to $500K[3]
On average, access funds within 35 days[5]

Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .

Featured 30-Year Fixed Mortgage Rates

Lender APR(%) Monthly Payment Learn More
Sponsored

Advertiser Disclosure

Reliant Home Funding, Inc.
NMLS ID: 292473

6.019%

$1,893 Fees & Points $4,997 Total
0.938 Pts ($3,002)
$1,995 Fees

Relationships Rule: Transactions end, Relationships remain
Accountability is Personal: Reflection before Projection
Service through Knowledge: Great service means great understanding

Rocket Mortgage
NMLS ID: 3030

Fees & Points Total
Pts ($0)
$0 Fees

Turn home equity you've earned into cash
Single, convenient monthly payments
Reduce interest with shorter loan terms

Quicken Loans
NMLS ID: 167283

Fees & Points Total
Pts ($0)
$0 Fees

Your home's value could help you save.
Turn your equity into opportunity.
Calculate your home equity loan options with lenders.

Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details .

Overview 2026

General Bank Information

FDIC Insured	Yes
FDIC Certificate	# 5019
Date Established	1872
Assets	$ 1,664.45 million
Loans	$ 1,214.93 million
Deposits	$ 1,401.42 million
Capital	$ 145.80 million

Summary Balance Sheet as of September 30, 2025

ASSETS
Cash & Balances due from depository institutions	$ 127.56 million
Interest-bearing balances	$ 111.69 million
Total securities	$ 219.72 million
Federal funds sold and reverse repurchase	$ 0.25 million
Net loans and leases	$ 1,214.93 million
Loan loss allowance	$ 14.41 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	N.A.
Goodwill and other intangibles	$ 14.57 million
All other assets	$ 35.71 million
Total Assets	$ 1,518.65 million

LIABILITIES
Total deposits	$ 1,401.42 million
Interest-bearing deposits	$ 1,169.26 million
Deposits held in domestic offices	$ 1,401.42 million
% insured (estimated)"	63.40%
Federal funds purchased and repurchase agreements	$ 1.11 million
Trading liabilities	N.A.
Other borrowed funds	$ 13.02 million
Subordinated debt	N.A.
All other liabilities	$ 8.91 millionn
Total Liabilities	$ 1,518.65 million
Shareholders’ Equity	$ 145.80 million

Summary Income Statement as of September 30, 2025

INCOME AND EXPENSES
Total Interest Income	$ 61.71 million
Total Interest Expense	$ 25.45 million
Net interest income	$ 36.26 million
Provision for loan and lease losses	$ 1.86 million
Total non interest income	$ 7.30 million
Total non interest expense	$ 28.47 million
Pre-tax Net Operating Income	$ 8.18 million

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Branches

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