Merger Information
We are pleased to announce that ChoiceOne Financial Services, Inc., parent company of ChoiceOne Bank and Fentura Financial, Inc., parent company of The State Bank, signed a definitive merger agreement pursuant to which ChoiceOne Financial Services, Inc. will acquire Fentura Financial, Inc. The transaction is expected to close in the first half of 2025, subject to the satisfaction of customary closing conditions including receipt of shareholder and regulatory approvals.
Following completion of the transaction, ChoiceOne Financial Services Inc. will be an approximately $4.3 billion-asset bank holding company with 56 offices in West and Southeastern Michigan making it the 3rd largest publicly traded bank holding company headquartered in Michigan based on asset size. Joining forces with Fentura is a natural geographical and cultural fit for ChoiceOne. It allows ChoiceOne to extend its footprint into Genesee, Jackson, Livingston, Ingham, Saginaw, Shiawassee, and Bay counties and enhance the commitment that both The State Bank and ChoiceOne Bank have to our Michigan customers and communities.
Our press release announcing the transaction is available in the link below for more details. Thank you for banking with us. We look forward to serving you with the same comprehensive products, local decisions and exceptional service.
Merger Communications