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Central Savings Bank is a full-service community bank serving Michigan's Eastern Upper Peninsula since 1902. With nine branch locations including offices in Sault Ste. Marie, St. Ignace, and Mackinac Island, they offer personal and business banking services including savings, checking, loans, mortgages, and commercial lending.
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SBA 7(a) Acquisition Loan Data As Of June 30, 2025
Last 12 Months
Last 3 Years
YoY Growth
no activity
As Of June 30, 2025
Median
$1.5M
Average
$1.5M
All rates shown as spread over Prime Rate
This Lender
Market Average
As Of June 30, 2025 - 10-year default rate indicates underwriting quality
10-Year Default Rate
0.0%
Bottom 10% of Lenders (Highest Default Rate)
Performance Ranking
100th
Lower is better among all lenders
As Of June 30, 2025 - States by loan volume (darker blue = higher volume)