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ChoiceOne Bank Receives MiBiz Annual M&A Deal of the Year Award


ChoiceOne Bank Receives MiBiz Annual M&A Deal of the Year Award
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SPARTA, Mich., Feb. 18, 2021 /PRNewswire/ ChoiceOne Financial Services, Inc. (Nasdaq: COFS), the parent company of ChoiceOne Bank, is pleased to announce ChoiceOne Financial Services, Inc., won the M&A Deal of the Year Award in the Finance/Banking category.
The M&A Deal of the Year Award recognizes a company for its dealmaking activity between July 1, 2019 through Dec. 31, 2020. The corporate deal awards highlight interesting, strategic or challenging transactions that offer lessons, best practices and insight into the local, national and regional economy. ....

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ChoiceOne Financial Reports Fourth Quarter And Year End 2020 Results


Press release content from PR Newswire. The AP news staff was not involved in its creation.
ChoiceOne Financial Reports Fourth Quarter And Year End 2020 Results
January 30, 2021 GMT
(PRNewsfoto/ChoiceOne Financial Services, I)
SPARTA, Mich., Jan. 30, 2021 /PRNewswire/ ChoiceOne Financial Services, Inc. (“ChoiceOne”, NASDAQ:COFS), the parent company for ChoiceOne Bank reported financial results for the quarter and year ended December 31, 2020.
Significant items impacting comparable fourth quarter and year end 2020 and 2019 results include the following:
On October 1, 2019, ChoiceOne completed the merger (the “County Merger”) of County Bank Corp., the former parent company of Lakestone Bank & Trust, with and into ChoiceOne with ChoiceOne surviving the merger. Lakestone Bank & Trust was consolidated with and into ChoiceOne Bank effective May 15, 2020. The total assets, loans and deposits acquired in the County Merger were approximately $712 million, ....

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