Loading...
Loading...
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.
Have you worked with Central Savings Bank? Share your experience to help others.
Loading reviews...
SBA 7(a) Acquisition Loan Data As Of December 31, 2025
Last 12 Months
Last 3 Years
YoY Growth
Data not available
As Of December 31, 2025
Median
$1.5M
Average
$1.5M
Sweet Spot
$1M-$2M
Industries with highest loan volume
Funeral Homes and Funeral Services
1
loans
$1.5M
avg. amount
Funeral Homes and Funeral Services
Loans
1
Avg. Amount
$1.5M
10-Year Default Rate
20.0%
Percentile Ranking
99th
99th percentile
Rate distribution data not available
Market comparison data not available
Spread over Prime at time of loan origination
As Of December 31, 2025 - States by loan volume (darker blue = higher volume)