ChoiceOne Bank Blog

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 12^th largest bank holding company in Michigan based on asset size, with approximately $1.7 billion in assets and 33 offices across Michigan.

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 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.”

ChoiceOne Bank is pleased to announce Adom Greenland, CPA, has been named one of the 40 Under 40: Emerging Community Bank Leaders by the Independent Banker, the flagship publication of Independent Community Bankers of America (ICBA). This award recognizes up-and-coming community bankers who demonstrate exceptional potential in leadership, innovation and community work.

“We are pleased to welcome Amber to the business development team in our new full-service Grand Rapids office,” said ChoiceOne Bank President and CEO Kelly Potes. “Amber is an experienced banker with a successful career in business development including both personal and commercial lending. Her broad financial knowledge along with her passion to serve, will prove valuable as we expand our community bank franchise throughout Michigan.”  

ChoiceOne Bank has announced various relief solutions to customers and others in the community that are federal employees and affected by the recent partial government shutdown.