SPARTA, Mich., Sept. 28, 2021 /PRNewswire/ -- ChoiceOne
Financial Services, Inc. (Nasdaq: COFS), the parent company of
ChoiceOne Bank, is pleased to announce ChoiceOne Bank was once
again ranked as Michigan's Best
Small Bank by Newsweek. ChoiceOne was recognized in Newsweek's
first-ever ranking in 2020 of the country's financial institutions
that were best at serving their customers' needs in 2021 during the
pandemic climate. Today, Newsweek has once again recognized
ChoiceOne Bank as the Best Small Bank in Michigan for 2022.
For the second year in a row, Newsweek Magazine recognized
ChoiceOne Bank as "America's Best Banks" winner in the small bank
category for Michigan. Best Bank
winners were selected from among 2,508 financial institutions and
assessed on more than 30 separate factors, covering the overall
health of the bank, customer service performance and features,
digital and branch presence, account and loan options, interest
rate offerings and fees. Best Small Bank in each state needed less
than $10 billion in assets and had to
be among the five banks with the most branches in the state.
"We are extremely honored to once again stand out across the
country as Michigan's Best Small
Bank," said ChoiceOne CEO Kelly J.
Potes. "ChoiceOne Bank has always taken the lead in
presenting our customers with the financial technology they
require, offering mobile banking, mobile deposits, innovative
payroll solutions, online loan applications, online account
openings, Zelle®, and Plinqit, a digital mobile savings tool. Our
innovative strategies continue to allow us to offer our customers
the best technology while still maintaining our personal approach
to banking with our Customer Service Center and full-service branch
network."
ChoiceOne Bank had the products and services in place when it
became clear in March 2020 that new
safety measures had to be implemented because of the pandemic. The
Bank was prepared to offer new loans and loan forgiveness programs
to those needing assistance. All of this has helped to keep
families and small businesses thriving, while subsequently
reinforcing Michigan's economy.
ChoiceOne continues to keep interest rate competitive, offer more
advanced technology, and provide additional opportunities to meet
face-to-face depending on a customer's safety and needs.
"As a Michigan community bank,
we understand the different challenges facing our customers and our
communities today," said ChoiceOne President Michael J. Burke, Jr. "I am extremely proud of
our teams across the state. They continue to show up with
compassion and assuredness to help find financial solutions for the
individuals, families, farmers and businesses in our
communities."
For more details on this 2022 Newsweek recognition and
methodology, please visit
https://www.newsweek.com/americas-best-banks-2022/best-small-banks-state.
About ChoiceOne
ChoiceOne Financial Services,
Inc. is a financial holding company headquartered in Sparta, Michigan, and the parent corporation
of ChoiceOne Bank. Member FDIC. ChoiceOne Bank, named one
of America's Best Banks by Newsweek, operates 35 offices
in parts of Kent, Ottawa, Muskegon, Newaygo, Lapeer, St.
Clair, and Macomb
counties. ChoiceOne is an approximately $2.1 billion-asset bank holding company making it
the 10th largest bank holding company in Michigan based on asset size. ChoiceOne Bank
offers insurance and investment products through its subsidiary,
ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial Services,
Inc. common stock is quoted on the Nasdaq Capital Market under the
symbol "COFS." For more information, please visit Investor
Relations at ChoiceOne's website choiceone.com.
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SOURCE ChoiceOne Financial Services, Inc.