LANSING – The Michigan Bankers Association (MBA) recognizes Mark R. Savoie, President and CEO, Central Savings Bank, as the recipient of the esteemed 2026 MBA Banker of the Year award.
The MBA Board of Directors selected Savoie for this prestigious 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 remarkable 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 and 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.
“Mark R. Savoie is a distinguished leader in the banking industry,” said T. Rann Paynter, President and CEO of the Michigan Bankers Association. “His unwavering dedication to his employees, customers, and community has set a high standard of excellence. Through his vision and commitment to innovation, financial literacy, and economic development, Mark has made a lasting impact on Michigan’s banking landscape.”
Savoie will be honored at the MBA’s 140th Annual Convention on Mackinac Island in June, where his achievements and contributions to the banking industry will be celebrated.
