Corporate Profile

Corporate Profile

CHOICEONE FINANCIAL SERVICES, INC. (OTCBB - COFS)

ChoiceOne Financial Services, Inc. operates as the holding company for ChoiceOne Bank that provides various financial services in Michigan. The bank offers time, savings, and demand deposits, and checking accounts, as well as commercial credit, cash management, check imaging, telephone banking, Internet banking, safe deposit, and automated transaction machine (ATM) services. The bank originates commercial and consumer loans primarily on a secured basis to corporations, partnerships, and individuals. Commercial loans include business, industry, agricultural, construction, inventory, and real estate loans. The consumer loan department makes direct and indirect loans to consumers and purchasers of residential and real property. It originates and sells conventional type mortgage loans for one- to four-family and multifamily residential real estate properties through ChoiceOne Mortgage Company of Michigan. The bank also operates an independent insurance agency, which offers various insurance products for personal and business needs. It also owns a 25% interest in a nonbanking corporation, West Shore Computer Services, Inc., a data processing firm. As of June 30, 2009, the bank operated thirteen full-service offices. The company serves corporations, partnerships, and individuals located primarily in the Kent, Muskegon, Newaygo, and Ottawa counties in Michigan. ChoiceOne Financial Services was founded in 1898 and is based in Sparta, Michigan.

As of November 20, 2009
Minimum 20 minute delay.

ChoiceOne Financial Services, Inc.
109 East Division Street
P.O. Box 186
Sparta, MI 49345-0186
(616) 887-7366

Investor Relations Contact
Mr. Thomas L. Lampen
(616) 887-2339
tlampen@choiceone.com

Transfer Agent
Registrar & Transfer Company
10 Commerce Drive
Cranford, NJ 07016
(800) 368-5948


Copyright 2009, © SNL Financial LC Terms of Use