Southern Michigan Bank & Trust Rates and Review March 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Rate Updates and AvailabilitySouthern Michigan Bank & Trust money market rates, and other rates, are continually updated to reflect market conditions, we recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Southern Michigan Bank & Trust? Share your experience about Southern Michigan Bank & Trust by leaving a review below, or read customer reviews before you decide to use Southern Michigan Bank & Trust. Southern Michigan Bank & Trust Texas RatioSouthern Michigan Bank & Trust's Texas Ratio is at 0.88%, which is considered excellent. The Texas Ratio for Southern Michigan Bank & Trust is lower than the national average of all banks, currently at 6.13%. The Texas Ratio was developed in the early 1980s, and it is used to identify potential problem banks. Banks that have a Texas Ratio of 100% or more have a high chance of failing. MonitorBankRates Rating
5.0
Exceptional
Out of 5.0 Stars
Southern Michigan Bank & Trust has earned a Smart Rating of 5.0 out of 5 stars. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Overall, Southern Michigan Bank & Trust is a exceptional bank worth considering, with an overall rating of 5.0 stars out of 5 stars. Overall Health & Safety Grade
A+
Exceptional Health
Score: 100/100
Southern Michigan Bank & Trust has earned an overall safety grade of A+. This proprietary letter grade is calculated by combining the institution's Star Rating with its Texas Ratio, providing a straightforward indicator of its financial stability and reliability. Current Interest RatesRate
APY/APR
vs. Avg
"N/A" indicates the product is not offered or the rate is unavailable. Rates Last Updated: 03/06/2026 
Current Rate AvailabilityWe do not have Southern Michigan Bank & Trust rates right now, but we are constantly updating our database so check back often for updated rates. Methodology & Data SourcesMonitorBankRates Star Rating: Our rating for Southern Michigan Bank & Trust is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions. Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health. Rate Data Aggregation: We gather Southern Michigan Bank & Trust rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Southern Michigan Bank & Trust's official website for the most current offers and terms.
Bank Profile & OverviewSouthern Michigan Bank & Trust
45 W Pearl StColdwater, MI 49036 Branch Established Date: 01/16/1872 FDIC Certificate #: 5019 Date of FDIC Deposit Insurance: 01/01/1934 Bank Holding Company: SOUTHERN MICHIGAN BCORP INC How Many Domestic U.S. Offices? 21 How Many Branches are There? 21 Website: https://www.smb-t.com
Is Southern Michigan Bank & Trust FDIC Insured? Yes
What is Southern Michigan Bank & Trust's Cert number? 5019
What is the maximum amount for insured deposits? $250,000 per holder, per account
Financial Health & AssetsMonitorBankRates Star Rating:
5.0 / 5.0 ★
Overall Health & Safety Grade:
A+ (100/100)
Texas Ratio:
0.88%
Return on Assets (ROA):
0.9713%
Return on Equity (ROE):
11.6900%
Non-Performing Loans (NPL):
0.06%
Total Assets:
$1,690,396,000
Total Deposits:
$1,423,232,000
Equity Capital:
$149,950,000
Net Income:
$14,501,000
Headquarters:
Coldwater
Regulator:
FDIC
# of Offices:
21
Source: FDIC | Last Updated 12/31/2025
Customer ReviewsThere are no reviews for Southern Michigan Bank & Trust yet. Feel free to create one below.
Add Your Rating and Review for Southern Michigan Bank & Trust
Frequently Asked Questions About Southern Michigan Bank & TrustHow do I open an account at Southern Michigan Bank & Trust?You can typically open an account at Southern Michigan Bank & Trust by visiting a local branch or applying through their official website. Is there a first-time homebuyer program?Currently, Southern Michigan Bank & Trust provides a range of mortgage and home equity products. Is Southern Michigan Bank & Trust a safe place to deposit money?Yes, Southern Michigan Bank & Trust is considered a safe financial institution. Your accounts are federally insured by the FDIC up to $250,000 per depositor. Does Southern Michigan Bank & Trust offer online and mobile banking?Most modern institutions like Southern Michigan Bank & Trust provide digital access including online balance checks and transfers. Compare to other Banks |
You can compare Southern Michigan Bank & Trust rates to other rates in our database, including 12-month CD rates currently at 2.89%, 6-month CD rates at 3.90% and 3-month CD rates at 1.00%. Savings rates are at 1.26% and money market rates are at 0.50%. Mortgage rates on 30-year fixed loans are around 6.00%. All these rates, and more, can be found in our database of rates which you can compare to 
