ChoiceOne Bank Blog

While many businesses and nonprofits across Michigan are feeling the hardship caused by the coronavirus pandemic, ChoiceOne Financial Services, Inc. (Nasdaq: COFS) ("ChoiceOne”), the parent company of ChoiceOne Bank and Lakestone Bank & Trust, quickly began processing loans under the Payroll Protection Program (PPP). To date, the Banks have processed over 700 Payroll Protection Program (PPP) applications with a value of over $100 million.

ChoiceOne Financial Services, Inc. (Nasdaq: COFS) ("ChoiceOne”), the parent company of ChoiceOne Bank, today announced the successful completion of its previously announced consolidation of Lakestone Bank & Trust into ChoiceOne Bank.

ChoiceOne Financial Services, Inc. (Nasdaq: COFS) ("ChoiceOne”), the parent company of ChoiceOne Bank and Lakestone Bank & Trust, announced the Banks have processed over 700 Payroll Protection Program (PPP) applications with a value of over $100 million in April.

ChoiceOne Bank is pleased to announce Angie Hanks has joined the Coopersville Branch Office as Branch Manager. ChoiceOne Bank’s Coopersville Branch is located at 661 West Randall Street in Coopersville. “We are pleased to welcome Angie to our ChoiceOne team,” said ChoiceOne Bank CEO and President Kelly Potes. “As we continue to grow our community bank franchise across Michigan, Angie’s bank management experience, customer service skills and vast community involvement complement our mission to provide superior service, high quality advice and show our utmost respect to everyone we meet.”

COVID-19 (Corona Virus) is impacting all of us and keeping up with the ever-changing information can be intimidating. Navigating the current economic climate may seem daunting but there are things you can do to support your business, as well as others. Now more than ever, transparency and authenticity is key in your communication to your employees and customers. 

ChoiceOne Financial Services, Inc. (Nasdaq: COFS) ("ChoiceOne”), the parent company of ChoiceOne Bank and Lakestone Bank & Trust, announced the banks have processed over 250 Payroll Protection Program (PPP) applications with a value of over $80 million.

We’re here to help.

As your local community bank, our focus is on our customers, employees, and the communities we serve. As we continue to monitor the spread of COVID-19 (Coronavirus), we want to share with you the steps we’ve taken to minimize the spread of the virus, and ease the financial burden this may cause.

As your local community bank, the health and safety of our customers, employees, and community are our top priority. We are monitoring recommendations regarding the situation with COVID-19 (the coronavirus) from the Centers of Disease Control and Prevention as well as our local health officials to best address this situation as it unfolds.

ChoiceOne Financial Services, Inc. (OTC: COFS) (“ChoiceOne”), the parent company of ChoiceOne Bank and Lakestone Bank & Trust, today announced that shares of its common stock will be listed for trading on The Nasdaq Capital Market under its current symbol, “COFS,” beginning on Friday, February 7, 2020. The Company’s common stock will continue to be quoted for trading on the OTC Pink Market under the same symbol through February 6, 2020.