Tranche Update on ChoiceOne Financial Services, Inc.'s Equity Buyback Plan announced on July 23, 2004.
January 30, 2018 at 04:02 pm EST
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From October 1, 2017 to December 31, 2017, the company has repurchased 5,000 shares, representing 0.14% for $0.12 million. With this, the company has completed the repurchase of 132,168 shares, representing 5.05% for $2.62 million under the buyback announced on July 23, 2004.
ChoiceOne Financial Services, Inc. is a financial holding company of ChoiceOne Bank (the Bank). The Company's subsidiary, ChoiceOne Bank is a full-service banking institution that offers a range of deposit, payment, credit, and other financial services to all types of customers. Its services include time, savings, demand deposits, safe deposit services and automated transaction machine services. The Bank offers both commercial and consumer loans to corporations, partnerships, and individuals. Its commercial lending covers categories, such as business, industry, agricultural, construction, inventory, and real estate. The Bank's consumer loan department makes direct and indirect loans to consumers and purchasers of residential and real property. In addition, the Bank offers trust and wealth management services. The Bank's primary market area lies within Kent, Muskegon, Newaygo and Ottawa counties in western Michigan and Lapeer, Macomb, and St. Clair counties in southeastern Michigan.
CHOICEONE FINANCIAL SERVICES, INC. 
