Southern Michigan Bancorp, Inc. is a financial holding company. The company is headquartered in Coldwater, Michigan. The firm is providing a range of consumer, business and wealth management services. The firm offers a variety of deposit, payment, credit, and other financial services to all types of customers. These services include time, savings, and demand deposits; safe deposit box services, and automated teller machine services. Its loans, including both commercial and consumer, are extended primarily on a secured basis to corporations, partnerships, and individuals. Its commercial lending covers such categories as business, industrial, agricultural, inventory and real estate. Its consumer lending covers direct and indirect loans to purchasers of residential real property and consumer goods. The company also offers trust and investment services. The firm operates approximately 18 offices within Branch, Calhoun, Hillsdale, Jackson, Kalamazoo and St. Joseph Counties.
