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Southern Michigan Bancorp Inc
Southern Michigan Bancorp, Inc. (OTC Pink: SWMI) is a bank holding company for Southern Michigan Bank & Trust. The company is based in Dowagiac, Michigan, and provides a range of banking services to individuals and businesses in Southwest Michigan.
Southern Michigan Bank & Trust offers various deposit products, including checking accounts, savings accounts, money market accounts, and certificates of deposit (CDs). It also provides loans for personal, business, and agricultural purposes, as well as mortgage loans.
As of 2021, Southern Michigan Bancorp, Inc. operates through twelve full-service banking centers and three loan production offices in Southwest Michigan. The company's total assets were approximately $1.23 billion as of December 31, 2020.
Southern Michigan Bancorp, Inc.'s stocks are publicly traded on the over-the-counter (OTC) market under the ticker symbol "SWMI." The company's stock is not listed on a major stock exchange such as the New York Stock Exchange (NYSE) or NASDAQ.
It is important to note that investing in the stock market always carries risks, and investors should conduct their own research and due diligence before making investment decisions.