ChoiceOne Financial Services, Inc. (Nasdaq: COFS) ("ChoiceOne”), the parent company of ChoiceOne Bank, today announced the successful consolidation of its previously announced acquisition of Community Shores Bank into ChoiceOne Bank. Community Shores Bank is now renamed ChoiceOne Bank.
ChoiceOne Bank is pleased to announce the Community Bankers of Michigan (CBM) recently elected Michael J. Burke, Jr. to serve as its Chairman for the next fiscal year. Burke is President of ChoiceOne Bank headquartered in Sparta, Michigan. Burke was elected at the CBM Annual Convention held this September at the Grand Traverse Resort and Spa in Traverse City, Michigan.
Dave Currie, owner of Pro-Tech Machine, Inc., in Burton, Michigan, grew up in a family-owned business. At a young age, Dave became accustomed to a more personal way of doing business. After opening his own business, Dave wanted to work with a banker who also valued personal service. Dave met Matt Ankley – now a Vice President, Commercial Loan Officer at ChoiceOne Bank (Lakestone Bank & Trust) – over 16 years ago.
When Al Ochadleus thinks back on his career, he fondly refers to himself as “just a punk kid” who was given a chance to work for Vlasic Food Products, Inc. in 1962. Al likes to reminisce about his first job as an 18-year-old kid pitching sauerkraut from large wooden barrels in Imlay City, Michigan, boasting that he’d take over the company someday. “I literally started at the bottom of the barrel,” chuckles Al. “But it was a matter of trust when they hired me, and it led to a great career. And I did take over the Midwest!”
ChoiceOne Bank is pleased to announce Ryan L. Wolthuis has joined the Grand Rapids team as Senior Vice President, Grand Rapids Market Executive.
“We are pleased to welcome Ryan to ChoiceOne Bank as our Grand Rapids Market Executive,” said ChoiceOne Bank CEO Kelly Potes. “Ryan is an experienced leader with a successful career in commercial banking. His financial expertise and leadership skills, along with his knowledge of the Grand Rapids market will prove valuable as we continue to grow our community bank franchise throughout Michigan.”
Wolthuis joins ChoiceOne Bank with nearly 20 years of commercial banking and executive management experience. He began his career at Kent Commerce Bank/Michigan Commerce Bank in Grand Rapids as a commercial Loan Officer/Commercial Credit Analyst and progressed to Market Executive.
ChoiceOne Financial Services, Inc. (NASDAQ: COFS) (“ChoiceOne”) today announced the completion of the merger of Community Shores Bank Corporation (“Community Shores”) with and into ChoiceOne, effective as of July 1, 2020. The combined organization is the 12th largest bank holding company in Michigan based on asset size, with approximately $1.7 billion in assets and 33 offices across Michigan.
ChoiceOne Financial Services, Inc. (NASDAQ: COFS) today announced the company has been added to the Russell 2000 Index.
Correction Made on June 29,2020: We received over 100 applications from 26 different high schools and one home schooled student across our footprint. The 12 2020 winners came from 8 of those high schools and one was a home schooled student.
ChoiceOne Bank has awarded a one-time, need-based scholarship of $1,000 to12 seniors in eight different community high schools and one home school. Seniors were asked to submit a 500 word or less essay explaining their experience with community service, why they got involved, who benefited, and how the student benefited. Spanning Michigan, ChoiceOne serves markets in both West and Southeastern Michigan. Six winners were selected from each market.
ChoiceOne Bank is pleased to announce our participation in the LINC UP’s Rock the Block 10-Year-Anniversary Celebration with a $5,000 sponsorship. Rock the Block is an annual community event hosted by LINC UP and will mark a decade this year! Rock the Block is a celebration of the community coming together to connect, share resources, and spend time experiencing the culture of community in Madison Square, August 15 from 11 am to 4 pm.