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ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank, a chartered community bank that provides various banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; consumer loans, including direct and indirect loans to consumers and purchasers of residential and real properties; and mortgage loans.
TypePublic
Founded1898
HQSparta, US
Websitechoiceone.com

Latest Updates

Employees (est.) (Feb 2020)270(+92%)
Job Openings7
Revenue (FY, 2019)$9.2 M(+33%)
Share Price (Aug 2020)$27.5 (-2%)
Cybersecurity ratingAMore

Key People/Management at ChoiceOne

Kelly Potes

Kelly Potes

President & CEO
Lee Braford

Lee Braford

SVP Chief Credit Officer
Sheila Clark

Sheila Clark

SVP Human Resources Director
Adom Greenland

Adom Greenland

SVP Chief Operating Officer
Mary Johnson

Mary Johnson

SVP Operations / Cashier
Thomas Lampen

Thomas Lampen

SVP Chief Financial Officer
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ChoiceOne Office Locations

ChoiceOne has an office in Sparta
Sparta, US (HQ)
109 E Division St
Show all (1)

ChoiceOne Financials and Metrics

ChoiceOne Revenue

ChoiceOne's revenue was reported to be $9.17 m in FY, 2019
USD

Revenue (Q1, 2020)

2.3m

Net income (Q1, 2020)

3.3m

Market capitalization (6-Aug-2020)

213.9m

Closing stock price (6-Aug-2020)

27.5

Cash (31-Mar-2020)

45.5m
ChoiceOne's current market capitalization is $213.9 m.
USDQ2, 2011

Financial Leverage

8.5 x
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ChoiceOne Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

ChoiceOne Online and Social Media Presence

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ChoiceOne News and Updates

ChoiceOne Financial Services, Inc. Announces Acquisition of Community Shores Bank Corporation

SPARTA, Mich. and MUSKEGON, Mich, Jan. 6, 2020 /PRNewswire/ -- ChoiceOne Financial Services, Inc. (OTC: COFS) ("ChoiceOne"), the parent company of ChoiceOne Bank and Lakestone Bank & Trust, and Community Shores Bank Corporation (OTC: CSHB) ("Community Shores"), the parent company of...

ChoiceOne Urgent Care Opens New Center in Georgia

LUTHERVILLE, Md., July 8, 2019 /PRNewswire/ -- ChoiceOne Urgent Care (ChoiceOne) in partnership with Gwinnett Medical Center would like to invite the public to family-friendly grand opening events starting Thursday, July 11 until the official opening on Monday, July 15. Superior...

ChoiceOne Urgent Care Wins Gwinnett Daily Post 2019 Reader's Choice Award

LUTHERVILLE, Md., July 2, 2019 /PRNewswire/ -- ChoiceOne Urgent Care (ChoiceOne) in partnership with Gwinnett Medical Center has received the Gwinnett Daily Post annual Reader's Choice Award for Best Urgent Care. Every year readers from communities all over Gwinnett County, Georgia, can...

ChoiceOne Urgent Care Partners with Coppermine Fieldhouse

LUTHERVILLE, Md., April 11, 2019 /PRNewswire/ -- ChoiceOne Urgent Care (ChoiceOne) in partnership with University of Maryland St. Joseph Medical Center is pleased to announce a new community sponsorship opportunity with Coppermine Fieldhouse, a provider of indoor and outdoor programs,...

ChoiceOne Financial Services and County Bank Corp. announce Merger of Equals

SPARTA, Mich. and LAPEER, Mich., March 25, 2019 /PRNewswire/ -- 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 today the...

ChoiceOne Blogs

ChoiceOne PPP Provides Fōmcore A Boost

It was 11 years ago Jeff Zack, co-owner of Fōmcore started his first business so he would have something to do in retirement. Little did this Sergeant at the Michigan Department of Corrections know at the time he was just getting started!

Keeping Business Active

COVID-19 (Corona Virus) is impacting all of us and keeping up with the ever-changing information can be intimidating. Navigating the current economic climate may seem daunting but there are things you can do to support your business, as well as others. Now more than ever, transparency an…
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ChoiceOne Frequently Asked Questions

  • When was ChoiceOne founded?

    ChoiceOne was founded in 1898.

  • Who are ChoiceOne key executives?

    ChoiceOne's key executives are Kelly Potes, Lee Braford and Sheila Clark.

  • How many employees does ChoiceOne have?

    ChoiceOne has 270 employees.

  • What is ChoiceOne revenue?

    Latest ChoiceOne annual revenue is $9.2 m.

  • What is ChoiceOne revenue per employee?

    Latest ChoiceOne revenue per employee is $34 k.

  • Who are ChoiceOne competitors?

    Competitors of ChoiceOne include Magyar Bank, Bancorp of New Jersey and Lake Shore Savings.

  • Where is ChoiceOne headquarters?

    ChoiceOne headquarters is located at 109 E Division St, Sparta.

  • Where are ChoiceOne offices?

    ChoiceOne has an office in Sparta.

  • How many offices does ChoiceOne have?

    ChoiceOne has 1 office.