CHOICEONE FINANCIAL SERVICES INC

ChoiceOne Financial Services, Inc. is a financial holding company incorporated on February 24, 1986, as a Michigan corporation. The company's primary business is banking, conducted through its wholly owned subsidiary, ChoiceOne Bank. ChoiceOne Bank is a full-service banking institution providing various deposit, payment, credit, and other financial services to all types of customers. The company has expanded through several mergers and consolidations. On November 1, 2006, Valley Ridge Financial Corp. merged into the company, and its bank, Valley Ridge Bank, consolidated into ChoiceOne Bank in December 2006. On October 1, 2019, County Bank Corp. merged into the company, and its bank, Lakestone Bank & Trust, consolidated into ChoiceOne Bank in May 2020. On July 1, 2020, Community Shores Bank Corporation merged into the company, and Community Shores Bank consolidated into ChoiceOne Bank in October 2020. Most recently, on March 1, 2025, Fentura Financial, Inc. merged into the company, and its bank, The State Bank, consolidated into ChoiceOne Bank on March 14, 2025. Beyond banking, ChoiceOne Bank owns ChoiceOne Insurance Agencies, Inc., an independent insurance agency headquartered in Sparta, Michigan. Additionally, on July 18, 2023, the company organized 109 Technologies, LLC as a wholly owned subsidiary to own intellectual property for a fintech product intended for licensing to third-party banks and bank holding companies.