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.


