Central Bank Corporation

Central Bank Corporation

CBSU
Central Bank CorporationUS flagOther OTC
30.00
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Mark R. Savoie
Sector
Financial Services
Industry
Banks - Regional
Address
511 Bingham Avenue Sault Sainte Marie MI United States of America 49783
IPO Date
Aug 31, 2006
Business
Central Bank Corporation (CBSU) operates as a bank holding company for Central Savings Bank, a community bank providing personal and business banking services primarily in Michigan. The company offers deposit products including checking accounts, savings accounts, individual retirement accounts, and certificates of deposit; consumer loans such as automobile, boat, recreational vehicle, off-road vehicle, farm, vacation, and debt consolidation loans, as well as personal reserve accounts; mortgage-related products encompassing fixed-rate home loans, home equity loans and lines of credit, construction loans, flexible in-house loans, and vacant land loans; and commercial lending options like real estate loans, equipment financing, small business administration loans, U.S. Department of Agriculture loans, and working capital lines. Founded in 1902 and headquartered at 511 Bingham Avenue, P.O. Box 339, Sault Sainte Marie, Michigan 49783, it serves retail and commercial customers in the regional banking sector through local branches. Recent developments include steady loan portfolio growth and maintenance of a dividend yield around 10%, with shares trading over-the-counter amid a stable operational focus, though no major acquisitions, partnerships, or strategic shifts have been publicly announced in the last 1-2 years.