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Category Archives: Bank News

Apr
10

ChoiceOne Bank, Lakestone Bank & Trust Accepted Hundreds of PPP Loans Valued over $80 Million in First Week

For Immediate Release SPARTA, Mich. and LAPEER, Mich., April 10, 2020 – ChoiceOne Financial Services, Inc. (Nasdaq: COFS) (“ChoiceOne”), the parent company of ChoiceOne Bank and Lakestone Bank & Trust, announced the banks have processed over 250 Payroll Protection Program (PPP) applications with a value of over $80 million. “In the midst of this pandemic,… Read more »

Mar
20

Ensuring the Safety of our Customers and Staff

As your local community bank, our focus is on our customers, employees, and the communities we serve. As we continue to monitor the spread of COVID-19 (Coronavirus), we want to share with you the steps we’ve taken to minimize the spread of the virus, and ease the financial burden this may cause. Branch Drive-Up Service… Read more »

Dec
30

Bruce Cady Retires After 44 Years of Distinguished Service in Community Banking

SPARTA, Mich. and LAPEER, Mich., December 30, 2019 – It is with deep appreciation that the Board of Directors of ChoiceOne Financial Services, Inc. (OTC: COFS) (“ChoiceOne”), the parent company of ChoiceOne Bank and Lakestone Bank & Trust announces the retirement of Bruce J. Cady, effective December 31, 2019. “It is certainly bittersweet for me… Read more »

Jul
18

Lakestone Bank & Trust Announces the Retirement of Vice President Gary Drainville

Lapeer, MI – Lakestone Bank & Trust (OTC: CBNC) announces the retirement of Gary Drainville, Vice President & Senior Trust Officer. Drainville joined the Bank in 2011 with over 35 years in banking, investment and wealth management experience. Throughout his career, Drainville lead top performing teams and organizations, and provided strategic guidance, training and support…. Read more »

Jun
5

County Bank Corp. Announces June Cash Dividend

County Bank Corp announced today that its Board of Directors has declared a cash dividend on the Corporation’s common stock of of $.38 per share. The cash dividend is payable to shareholders of record as of June 14, 2019 and will be paid on June 28, 2019. The dividend declared for the second quarter of… Read more »