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ChoiceOne Financial Services ( (COFS) ) just unveiled an update.
On March 1, 2025, ChoiceOne Financial Services, Inc. completed its merger with Fentura Financial, Inc., resulting in a combined organization with assets exceeding $4 billion and 56 offices across Michigan. This merger, announced on March 3, 2025, is expected to enhance ChoiceOne’s community bank franchise, expand its geographical reach into Central and Southeastern Michigan, and provide a greater range of commercial and consumer lending services. The consolidation of The State Bank into ChoiceOne Bank will occur on March 14, 2025, under the ChoiceOne name and brand. The merger also led to the expansion of ChoiceOne’s Board of Directors to include former Fentura directors, Brian Petty and Randy Hicks, who will serve on various committees.
More about ChoiceOne Financial Services
ChoiceOne Financial Services, Inc. is a financial holding company headquartered in Sparta, Michigan, and the parent corporation of ChoiceOne Bank and The State Bank. It operates 56 offices across various counties in Michigan and offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. The company’s common stock is quoted on the Nasdaq Capital Market under the symbol ‘COFS.’
YTD Price Performance: -8.23%
Average Trading Volume: 28,632
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $284.8M
For a thorough assessment of COFS stock, go to TipRanks’ Stock Analysis page.