Southern Michigan Bank & Trust is a Branch Bank founded in 1872 and headquartered in Coldwater. Southern Michigan Bank & Trust operates 17 branches in Michigan. Southern Michigan Bank & Trust does not operate physical branches outside of Michigan but online services are available to customers in other states. Use our Branch Locations feature below to find a branch near you.
In 1871, nine men began organizing what is now known as Southern Michigan Bank & Trust. The bank had its beginnings in Coldwater, the Branch County seat. The bank was incorporated and opened for business in early 1872 in S.M. Steeley's bank rooms located in the Southern Michigan Hotel building next to the public square. It was felt that the bank needed its own building so land was cleared on the corner of Monroe and Chicago Street and construction began. Southern Michigan National Bank opened its doors at its new location in July 1872.
During the Great Depression, many banks suffered. Southern Michigan National Bank, however, remained strong throughout that difficult period. There were no governmental bonds, either municipal, county or school that were ever defaulted on. In 2007, Southern merged with FNB Financial creating one of the largest commercial banking companies in Michigan. The following year, SMB&T combined the operations of both banks into a single charter, giving the bank a significant presence across the southern tier of Michigan.
