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Newsweek Recognizes ChoiceOne Bank as Best Small Bank in Michigan 2023

Newsweek Recognizes ChoiceOne Bank as Best Small Bank in Michigan 2023

ChoiceOne Financial Services, Inc., and ChoiceOne Bank are pleased to announce ChoiceOne was once again ranked as Michigan’s Best Small Bank by Newsweek. ChoiceOne was recognized in Newsweek’s first-ever ranking of the country’s financial institutions that were best at serving their customers’ needs in 2021, and also recognized in 2022. Today, Newsweek has once again named ChoiceOne as the Best Small Bank in Michigan for 2023.

“To stand out across the country as Michigan’s Best Small Bank for three consecutive years now, is a remarkable honor,” said ChoiceOne CEO Kelly Potes. “Our customers definitely rely on our digital banking platforms including mobile banking, mobile deposits, innovative payroll solutions, online loan applications, online account openings, Zelle®, and Plinqit - our digital mobile savings tool. While our tech-savy bank has a special culture that is driven by innovation, we are also extremely faithful to our mission to provide superior service, quality advice and show our utmost respect to everyone we meet. Our innovative strategies continue to allow us to offer our customers the best technology while still maintaining our personal approach to banking with our full-service branch network, Customer Service Center and multiple loan offices.”

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For the third year in a row, Newsweek Magazine has recognized ChoiceOne Bank as "America's Best Banks" winner in the small bank category for Michigan. Best Bank winners were selected from thousands of financial institutions across the country and assessed on more than 50 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 are less than $10 billion in assets and had to be among the five banks with the most branches in the state.

“ChoiceOne has a vision to be the best bank in Michigan,” said ChoiceOne President Michael J. Burke, Jr. “With this recognition by Newsweek as the Best Bank in Michigan, we are truly seeing our vision unfold. We remain focused on helping our customers succeed and our communities thrive. We continue to keep interest rates competitive, offer more advanced technology, and provide additional opportunities to meet face-to-face depending on our customers’ needs. And of course, we have our exceptional teams working across the state to thank for this honor. They continue to work with compassion and confidence to help find financial solutions for the individuals, families, farmers and businesses in our communities.”

For more details on this 2023 Newsweek recognition and methodology, please visit
https://www.newsweek.com/rankings/americas-best-banks-2023/best-small-bank-2023.

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 $2.4 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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