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Central Savings Bank

✓ FDIC-insured · Active FDIC Certificate #1095

Central Savings Bank is an FDIC-insured state-chartered bank that is a member of the Federal Reserve System, headquartered in Sault Sainte Marie, Michigan, established in 1902. As of the 06/30/2026 FDIC call report, it reported $517M in total assets and $447M in deposits. FDIC location data lists 9 offices in Michigan. The FDIC classifies it as a community bank. It is owned by the holding company CENTRAL BANK CORP (Sault Sainte Marie, MI).

Total assets
$517M
Total deposits
$447M
Offices
9
Return on assets
2.04%

Financial data as of the 06/30/2026 FDIC call report.

Where it operates

All 9 of Central Savings Bank's FDIC-listed offices are in Michigan. Browse banks in Sault Sainte Marie for other local options.

Branch locations

Central Savings Bank
Rudyard Branch · Full Service - Brick And Mortar
18829 S Mackinac Trl
Rudyard, MI 49780
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Central Savings Bank
De Tour Branch · Full Service - Brick And Mortar
109 Elizabeth Street
De Tour, MI 49725
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Central Savings Bank
Kinross Branch · Full Service - Brick And Mortar
4693 W M 80
Kincheloe, MI 49788
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Central Savings Bank
Pickford Branch · Full Service - Brick And Mortar
125 E Harold St
Pickford, MI 49774
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Central Savings Bank
St. Ignace Branch · Full Service - Brick And Mortar
430 N State St
St. Ignace, MI 49781
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Central Savings Bank
Mackinac Island Branch · Full Service - Brick And Mortar
21 Hoban Street
Mackinac Island, MI 49757
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Central Savings Bank
Cedarville Branch · Full Service - Brick And Mortar
143 W M 134
Cedarville, MI 49719
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Central Savings Bank
Business Spur Branch · Full Service - Brick And Mortar
3501 I 75 Business Spur
Sault Sainte Marie, MI 49783
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Central Savings Bank
Central Savings Bank · Full Service - Brick And Mortar
511 Bingham Ave
Sault Sainte Marie, MI 49783
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Holding company: CENTRAL BANK CORP

The FDIC lists CENTRAL BANK CORP, based in Sault Sainte Marie, MI, as the top holding company for Central Savings Bank. The FDIC shows no other active insured banks under the same holding company.

Similar-size banks in Michigan

Active FDIC-insured banks headquartered in Michigan with total assets closest to Central Savings Bank's $517M. See all banks in Michigan.

BankHQ cityAssetsOffices
Eastern Michigan BankCroswell$554M13
Commercial BankIthaca$553M11
Eaton Community BankCharlotte$543M7
Grand River BankGrandville$507M2
Century Bank and TrustColdwater$494M11
1st State BankSaginaw$490M5
Citizens National Bank of CheboyganCheboygan$471M10
Lake-Osceola State BankBaldwin$469M13

Central Savings Bank: common questions

Is Central Savings Bank FDIC-insured?

Yes. Central Savings Bank is an active FDIC-insured institution, FDIC Certificate #1095. Deposits are insured up to $250,000 per depositor, per ownership category. You can confirm this on FDIC BankFind.

Where is Central Savings Bank headquartered?

Central Savings Bank is headquartered at 511 Bingham Ave, Sault Sainte Marie, MI 49783, according to FDIC records.

How many branches does Central Savings Bank have?

FDIC location data lists 9 offices for Central Savings Bank, all in Michigan.

Who owns Central Savings Bank?

The FDIC lists CENTRAL BANK CORP of Sault Sainte Marie, MI as the top holding company for Central Savings Bank.

Source: FDIC BankFind Suite (institution, location, and call report data). BankNearMe.com does not rank or rate banks.