Sturgis Bancorp, Inc. Announces Resignation of Director John R. Dresser

STURGIS, MI--(Marketwired - May 13, 2016) - Sturgis Bancorp, Inc. (OTCQX: STBI) today announced the resignation of John R. Dresser from its board of directors and the board of directors of its wholly owned subsidiary, Sturgis Bank & Trust Company. On May 1, 2016, Mr. Dresser announced his departure from the law firm Dresser, Dresser, Haas and Caywood P.C. As a result of his departure, Mr. Dresser was deemed to have resigned from the boards of directors of the Company and Sturgis Bank & Trust as required by the Company's Bylaws. "The board of directors has regretfully accepted John's resignation," stated Eric Eishen, Chief Executive Officer of Sturgis Bancorp, Inc. He added "John has been a member of the board of directors since 2007 and has been active in many service organizations in the Sturgis community. We appreciate John's counsel over the years and wish him the best in his future endeavors."

About Sturgis Bancorp, Inc.

Sturgis Bancorp, Inc. is the holding company for Sturgis Bank & Trust Company and its subsidiaries, Oakleaf Financial Services, Inc. and Oak Mortgage, LLC. Sturgis Bancorp, Inc. provides a full array of trust, commercial and consumer banking services from 12 banking centers in Sturgis, Bangor, Bronson, Centreville, Climax, Colon, South Haven, Three Rivers and White Pigeon, Michigan. Oakleaf Financial Services offers a complete range of investment and financial-advisory services. Oak Mortgage offers residential mortgages in all of the markets served by Sturgis Bank & Trust Company. More information about Sturgis Bank & Trust Company may be obtained at www.sturgisbank.com.