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Bankers group names Banker of the Year

SAULT STE. MARIE — The Michigan Bankers Association has recognized Mark R. Savoie, president and CEO, Central Savings Bank, as the recipient of the 2026 MBA Banker of the Year award.

The MBA Board of Directors selected Savoie for this honor in recognition of his dedication to the MBA, significant contributions to the banking industry, and commitment to community service. Under his leadership, Central Savings Bank has achieved success, earning recognition as Michigan’s top-performing bank under $2 billion in assets and one of the top 20 banks nationwide, according to American Banker Magazine (June 2024).

“The Michigan Bankers Association made an exceptional choice in naming Mark R. Savoie the

2026 Banker of the Year,” said Eric Beckhusen, MBA chairman and chairman & CEO of

Century Bank and Trust. “Mark is an energetic and inspiring leader who cultivates a strong

culture of teamwork and involvement, recognizing the important role bankers play in

strengthening their communities. His leadership has driven Central Savings Bank’s continued

success and growth, a testament to his commitment and forward-thinking vision.”

With over 30 years of experience in banking, Savoie has been actively involved in the MBA,

serving on the Board of Directors, participating in the New CEO Peer Group, and contributing to

the Grassroots Advocacy Committee. He has also been a dedicated advocate for the industry,

attending the Washington D.C. Summit to represent Michigan bankers on a national level.

Beyond banking, Savoie is deeply committed to community service. He has held leadership

roles at St. Mary’s School, Lake Superior State University, the Public Employees of Sault Ste.

Marie Health Care Investment Board, the Elks Club, and the Early Childhood Investment

Corporation State of Michigan Board. Additionally, he serves on the local and state boards of

My Michigan Health and is a member of the Central Savings Bank Board of Directors.

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