Sturgis Bank Knowledge Center

Owning a home is a major life milestone, but did you know your home holds hidden value beyond just a roof over your head? That value is called "home equity," and understanding it can be the key to unlocking goals and financial opportunities. 

Buying your first home is an exciting milestone, but it can also feel overwhelming. At Sturgis Bank, we’re here to guide you through the process, helping you turn your monthly housing payment into an investment in your future. Whether you're weighing the pros and cons of homeownership, wondering about upfront costs, or navigating mortgage options, we’ve got you covered. 

The average American earning $50,000 spends more than $5,000 annually on health care. Roughly 15% of that cost, around $800, is for out-of-pocket fees such as deductibles, copays, and any expense not covered by the insurance plan.

We’re all on a personal financial journey. Creating a monthly budget is one of the best ways to make sure you know where that journey is taking you and your family. 

The holiday season is a time for joy, giving, and togetherness—but it can also be a time of financial stress. As a community bank, we’re here to help make this season brighter and smarter for your family.