ChoiceOne Bank is pleased to announce the continued expansion of their community bank franchise with an additional branch office in Rockford. ChoiceOne purchased the building at 590 E Division Street NE in Rockford on January 30 and plans to renovate the building and open a full-service branch office expected in October.
The final elements to our mortgage journey occurred in just ten days. On a Sunday evening, we placed an offer on the house we fell in love with after viewing eight homes. From that moment, the process moved quicker than we anticipated. Here’s how it all fell into place…
The Boards of Directors of ChoiceOne Financial Services, Inc. (“ChoiceOne Financial”) and ChoiceOne Bank appointed Greg L. Armock to their respective Boards at their meetings held January 24. The Boards will also appoint Armock to serve as a member of ChoiceOne’s Loan Committee and Asset/Liability and Risk Committee.
ChoiceOne Bank is excited to announce an agreement to be the first Bank in the country to offer Plinqit to customers. Plinqit is a mobile savings tool created by Michigan based HT Mobile Apps, that provides an easy way for people to save money using automated transfers into their Plinqit account held at ChoiceOne Bank. Plinqit rewards users for reaching their goals or referring friends to save.
ChoiceOne Bank continues to partner with Michigan fintech companies to offer innovative banking strategies to retail and business customers. ChoiceOne’s latest partnership is with Autobooks, a Michigan-based company with headquarters located in Detroit.
ChoiceOne Bank is pleased to announce the continued expansion of their community bank franchise into West Michigan with a full-service branch office on Market Avenue in downtown Grand Rapids.
Topics: Living in Grand Rapids
A major difference between home equity line of credit and home equity loan is how the money is distributed. They are both secured loans because your home is used as the collateral to back the loan.
Leveraging home equity makes financial sense, when you do it for the right reasons. Using the equity in your home with a home equity loan or home equity line of credit can be a financial gain for you. To determine a smart use of a home equity line of credit or home equity loan, do your research so your focus is on responsible borrowing.
The equity you build in your home stands as collateral for a home equity loan or line of credit and both are considered secured. The interest rates for a home equity are typically lower than a credit card, a type of loan that is unsecured. When looking at your home equity from a when and how perspective, let’s break this up a bit.