STOCK TITAN

Notifications

Limited Time Offer! Get Platinum at the Gold price until January 31, 2026!

Sign up now and unlock all premium features at an incredible discount.

Read more on the Pricing page

Sturgis Bancorp Board Leadership Announced

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Sturgis Bancorp (STBI) has announced changes in its board leadership following its annual meeting in May 2025. Michael Frost, President of LTI Printing, has been elected as Chairman of both Sturgis Bancorp Inc. and Sturgis Bank's Board of Directors. Keene Taylor, Partner at Realty Executives, has been appointed as Vice Chairman for both boards. Frost succeeds David Franks, who served as Board Chairman for five years and will remain on the board. The leadership transition follows a period of significant growth and successful navigation through challenges including COVID-19. The board composition includes executives from various industries, with Jason Hyska serving as President and CEO of Sturgis Bancorp and CEO of Sturgis Bank.
Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

STURGIS, MI / ACCESS Newswire / May 28, 2025 / In conjunction with its annual meeting held in May, the Sturgis Bancorp Board of Directors announced new leadership. Michael Frost, President of LTI Printing, Inc., Sturgis, Michigan was elected as Chairman of both Sturgis Bancorp Inc. Board of Directors and the Sturgis Bank Board of Directors. Keene Taylor, Partner, Realty Executives, St. Joseph, Michigan was elected as Vice Chairman, of both the Bank Board and Sturgis Bancorp, Inc. Both are current members of the Boards. Frost succeeds long-time Board Chairman David Franks, President and Chief Operating Officer of Oak Press Solutions, Inc., Sturgis.

"On behalf of the board of directors, we thank David for his leadership over the past five years," said Jason Hyska, President and CEO of Sturgis Bancorp Inc. and CEO of Sturgis Bank. "He helped guide the Bank through executive leadership transitions, the exponential growth we have experienced over the past five years, and challenges such as COVID. We are grateful that he will remain on the Board. Mike has a long history on the Board and has served as Vice Chairman since April 2022. With Keene Taylor, who joined us in March 2022 and lends expertise from over 30 years in the banking industry and a deep knowledge of the west Michigan market, we are well poised to continued success under strong leadership."

Additional Sturgis Bancorp, Inc. Board members include Jason Halling, Vice President, Burr Oak Tool Inc.; Kim Bontrager, President/Owner of Locey CPA, LLC; Jeff Mohney, Owner, Ayres-Oak Insurance; Franks, Frost, Hyska, and Taylor.

Sturgis Bank Board members include all Sturgis Bancorp, Inc. board members and Matt Scheske, President and Chief Operating Officer of Sturgis Bank.

About Sturgis Bancorp, Inc.

Sturgis Bancorp, Inc. operates as the holding company of Sturgis Bank & Trust Company, which primarily engages in accepting deposits from the general public and making single family mortgage loans, as well as consumer and commercial loans. Subsidiaries include Oakleaf Financial Services, Inc.; Oak Mortgage, LLC; Ayres-Oak Insurance Services; and Oak Title Services, LLC. Visit www.sturgis.bank/shareholders to learn more about Sturgis Bancorp, Inc.

About Sturgis Bank

Sturgis Bank is an independent bank, operating for the benefit of its customers and community since its founding in 1905. Sturgis Bank serves customers through 18 locations in southwest Michigan, providing personal, commercial, mortgage, and trust services. For additional information, visit www.Sturgis.Bank.

###

Contact:
Jason Hyska
Chief Executive Officer
jhyska@sturgis.bank
(888) 255-7372

SOURCE: Sturgis Bancorp, Inc.



View the original press release on ACCESS Newswire

FAQ

Who is the new Chairman of Sturgis Bancorp (STBI) Board of Directors?

Michael Frost, President of LTI Printing, has been elected as Chairman of both Sturgis Bancorp Inc. and Sturgis Bank's Board of Directors.

Who was appointed as Vice Chairman of STBI's Board in May 2025?

Keene Taylor, Partner at Realty Executives, was elected as Vice Chairman of both Sturgis Bancorp and Sturgis Bank's Board of Directors.

Who did Michael Frost replace as Chairman of Sturgis Bancorp?

Michael Frost succeeded David Franks, who served as Board Chairman for five years and will remain on the Board.

Who are the current members of Sturgis Bancorp's Board of Directors?

The board includes Jason Halling, Kim Bontrager, Jeff Mohney, David Franks, Michael Frost, Jason Hyska, and Keene Taylor.
Sturgis Bancorp

OTC:STBI

STBI Rankings

STBI Latest News

STBI Stock Data

40.68M
Banks - Regional
Financial Services
Link
United States
Sturgis