About Us

CSB CELEBRATES WITH A GRAND OPENING AT THE BINGHAM AVENUE LOCATION IN 1975.

On November 3, 1975, Central Savings Bank’s Main Office relocated to its current address of 511 Bingham Avenue, Sault Ste. Marie, Michigan.

Our Kinross branch office was built and opened in 1989.

A 1990 acquisition brought us a branch office in Pickford.

In 1999, CSB acquired branch offices in Rudyard and Cedarville, from North Country Bank & Trust.

An additional acquisition from North Country Bank & Trust in 2001 included our St. Ignace and Mackinac Island branch offices.

November of 2002 marked the grand opening of our second Sault Ste. Marie location, as we opened the doors to our Business Spur branch office at 3501 I-75 Business Spur, Sault Ste. Marie, Michigan.

On December 2, 2002, we commemorated our 100th anniversary with a drawing for 100 prizes, drawn live on WSOO 1230AM.

In February 2004, Central Savings Bank’s Chairman and CEO, W.W. “Frenchie” LaJoie was named Michigan Banker of the Year by the Michigan Bankers Association.

W.W. “FRENCHIE” LaJOIE CUTS THE CAKE AT CSB’S 100TH ANNIVERSARY CELEBRATION IN 2002

WELCOME TO CENTRAL SAVINGS BANK

CENTRAL SAVINGS BANK’S ORIGINAL LOCATION

418 ASHMUN STREET, SAULT STE. MARIE, MICHIGAN

About CSB

On December 2, 1902, a Certificate of Authority to Commence Business was issued, along with 500 stock certificates to our 18 original Central Savings Bank shareholders.

In June of 1904, CSB merged with Chippewa County Savings Bank, business continued at CSB’s Ashmun Street location in Sault Ste. Marie.

The 1908 financial statement declared CSB’s total capital to be $100,000, with total assets of $345,198.

On July 20, 1926, CSB assumed the deposits and took over the assets of the Brimley State Bank.

In 1972, CSB opened the doors of its first branch office in DeTour, Michigan.