CBSU - Central Bank Corporation

Other OTC - Other OTC Delayed Price. Currency in USD

Central Bank Corporation

511 Bingham Avenue
P.O. Box 339
Sault Sainte Marie, MI 49783
United States

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Ronald L. MeisterCEO & DirectorN/AN/A1951
Mr. Mark R. SavoiePres & DirectorN/AN/AN/A
Ms. Connie HedbergInterim CFO & COON/AN/AN/A
Ms. Cathy J. MasonSec., Treasurer & DirectorN/AN/A1958
Amounts are as of and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Central Bank Corporation operates as the bank holding company of Central Savings Bank, which provides personal and business banking services in Michigan. The company offers checking, savings, and individual retirement accounts, as well as certificates of deposit. It also provides residential mortgage loans, including fixed rate home, home equity, construction, and vacant land loans; consumer loans, such as automobile, boat, recreation vehicle, off road vehicle, farm, vacation, and debt consolidation loans, as well as personal reserve accounts; and commercial loans, such as commercial real estate, equipment, Small Business Administration, and the United States Department of Agriculture loans, as well as working capital financing. In addition, the company provides additional services, such as brokerage, payroll, wire transfers, stop payments, money orders, rental collections, Christmas Club, Canadian drafts, gift checks, notary, safe deposit boxes, land contracts, night depositary, and bill pay services. Further, it offers credit cards, and Internet and mobile banking services. The company was founded in 1902 and is based in Sault Sainte Marie, Michigan.

Corporate Governance

Central Bank Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.