ChoiceOne Financial Services, Inc. (OTC: COFS) (“ChoiceOne”), the parent company of ChoiceOne Bank and County Bank Corp (OTC: CBNC) (“County”), the parent company of Lakestone Bank & Trust, jointly announced that at separate special meetings of shareholders held today, each company’s shareholders approved the proposed merger of equals in which County will merge with and into ChoiceOne. The combined holding company will be headquartered in Sparta, Michigan.
ChoiceOne Bank is excited to announce a new milestone reached with Michigan-based fintech company Autobooks. Partnering with Autobooks since January 2018, ChoiceOne Bank has sent over $1 Million in digital invoices for small business clients throughout West Michigan. Autobooks is an intelligent, cloud-based, small business accounting platform that automatically integrates bank accounts with financial tools that speed cash flow, reconcile accounts, and accelerate growth.
ChoiceOne Bank continues to be awarded the top Superior “5-Star” rating for safety and soundness by BauerFinancial, Inc., an industry expert reporting on the performance of U.S. banks and credit unions since 1983. This means ChoiceOne is among the country’s top financial institutions based on many safety and soundness factors including capital, profitability, regulatory compliance and asset quality.
ChoiceOne Bank was recently selected as one of five finalists in the country for the 2019 Best SMB/SME Banking Solution award by the Finovate Group, a global research and events firm focused on innovation in financial and banking technology.
Topics: Technology, Small Business Banking
