Announced
Synopsis
ChoiceOne Bank, a West Michigan-based community banking corporation, agreed to merge with Fentura Financial, a bank holding and financial services company, in a $180m deal. "We are thrilled to announce the proposed combination of two 125+ year old community banks. Fentura is a well-run institution and a natural geographical extension for ChoiceOne. This transaction will allow ChoiceOne to strengthen its presence in the suburbs of Detroit while adding the markets of Flint and Saginaw. We remain committed to our local Michigan communities, and this transaction will enhance that commitment," Kelly Potes, ChoiceOne CEO.
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