Displaying items by tag: Community Shores Bank Corp

Given how hard the economy fell in the second quarter, earnings for West Michigan-based banks held up relatively well, although they were primarily lower than a year earlier as banks set aside more in reserve to cover potential future loan losses.

Published in Finance

An acquisition last fall helped ChoiceOne Financial Services Inc. report quarterly earnings that tripled from a year ago.

Published in Finance
Sunday, 05 July 2020 10:04

MiBiz Growth Report: July 5, 2020

Here is the MiBiz growth report for July 5, 2020.

Published in Economic Development

ChoiceOne Financial Services Inc. closed today on the $20.8 million acquisition of Community Shores Bank Corp.

Published in Finance
Sunday, 21 June 2020 09:14

MiBiz Growth Report: June 21, 2020

Here is the MiBiz  Growth Report for June 21, 2020.

Published in Economic Development

SPARTA — The planned $21.9 million merger of Community Shores Bank Corp. into ChoiceOne Financial Services Inc. heads to a close after earning shareholder approval.

Published in Finance
Tuesday, 26 May 2020 21:35

MiBiz Growth Report: May 27, 2020

Here is the MiBiz Growth Report for May 27, 2020.

Published in Economic Development

In mid-2018, executives and directors at Community Shores Bank Corp. began to study “strategic alternatives” to grow the bank.

Published in Finance

Two locally-based banks — Mercantile Bank and West Michigan Community Bank — plan to close the lobbies of bank branches to customers starting Wednesday.

Published in Finance
Sunday, 16 February 2020 09:00

MiBiz Growth Report: February 16, 2020

This is the MiBiz growth report for February 16, 2020.

Published in Economic Development
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