Sturgis Bank & Trust in Michigan vs the state
3.4%Denial rate-15.12 pts vs state
3.4%Decision denial rate-19.14 pts vs state
84.2%Origination rate+24.33 pts vs state
6.85%Median rate+0.10 pts vs state
0.16Rate spread (pts)-0.24 pts vs state
$92kMedian applicant income
694Loans originated
28Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 450 | 381 | 3.6% | — | #117 |
| 2024 | 459 | 413 | 2.0% | — | #124 |
| 2025 | 824 | 694 | 3.4% | 6.85% | #89 |
What Sturgis Bank & Trust lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Sturgis Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| St. Joseph County | 276 | 235 | 12 | 4.3% |
| Berrien County | 133 | 107 | 5 | 3.8% |
| Van Buren County | 83 | 72 | 4 | 4.8% |
| Branch County | 76 | 67 | 1 | 1.3% |
| Calhoun County | 74 | 61 | 0 | 0.0% |
| Kalamazoo County | 71 | 59 | 2 | 2.8% |
| Cass County | 24 | 20 | 3 | 12.5% |
| Allegan County | 21 | 17 | 0 | 0.0% |
| Barry County | 14 | 13 | 0 | 0.0% |
| Ottawa County | 10 | 10 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 824 applications in 2025, of which 694 were originated and 28 denied.
3.4% of all applications, or 3.4% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Sturgis Bank & Trust originated in Michigan in 2025 was 6.85%, against a statewide median of 6.75%.
About this data. Figures are Sturgis Bank & Trust's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology