ChoiceOne Financial Services, Inc. and Fentura Financial, Inc. Complete Merger

Core Viewpoint - ChoiceOne Financial Services has successfully completed the merger with Fentura Financial, creating a bank holding company with assets exceeding $4 billion and operating 56 offices across Michigan [1][2]. Group 1: Merger Details - The merger between ChoiceOne Financial Services and Fentura Financial became effective on March 1, 2025 [1]. - The combined organization will be headquartered in Sparta, Michigan, and will consolidate The State Bank into ChoiceOne Bank, effective March 14, 2025 [2]. Group 2: Strategic Benefits - The acquisition is described as a natural geographical and cultural fit, allowing for an expansion of the community bank franchise into Central and Southeastern Michigan [2]. - The merger is expected to enhance the range and capacity for commercial and consumer lending, alongside advancements in technology [2]. - ChoiceOne aims to provide a comprehensive line of products and services to small businesses and consumers in West, Central, and Southeast Michigan through an improved retail network [2]. Group 3: Company Overview - ChoiceOne Financial Services is a financial holding company and the parent corporation of ChoiceOne Bank and The State Bank, collectively operating 56 offices in various counties across Michigan [3]. - The company offers insurance and investment products through its subsidiary, ChoiceOne Insurance Agencies, Inc. [3]. - ChoiceOne Financial Services is publicly traded on the Nasdaq Capital Market under the symbol "COFS" [3].