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Displaying items tagged: ProBank Austin

Sunday, 10 May 2020 18:54

ChoiceOne-Community Shores deal progresses toward ‘likely’ third quarter close

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

Published in Finance
Monday, 06 January 2020 09:36

ChoiceOne to acquire Community Shores Bank in $21.9 million deal

SPARTA — Five months after closing one acquisition, ChoiceOne Financial Services Inc. now plans to do another.

Published in Finance
Sunday, 29 September 2019 13:31

Acquisitions remain option for ChoiceOne after County Bank deal

SPARTA — ChoiceOne Financial Services Inc. remains open to further acquisitions after the $89 million deal with Lapeer-based County Bank Corp. is completed next year.

Published in Finance

Wednesday, 18 September 2019 12:23

Shareholders approve ChoiceOne-County Bank merger

SPARTA — ChoiceOne Financial Services Inc.’s merger with Lapeer-based County Bank Corp. easily earned shareholder approvals this morning and now heads to a close next spring.

Published in Finance
Sunday, 31 March 2019 22:12

ChoiceOne seizes growth opportunity in deal for SE Michigan community bank

SPARTA — ChoiceOne Financial Services Inc.’s proposed $89 million merger with a similarly sized community bank in Lapeer began last summer when Kelly Potes struck up a conversation with his counterparts.

Published in Finance
Sunday, 18 March 2018 11:02

Independent Bank’s deal for TCSB unlocks NW Michigan market

GRAND RAPIDS — The pending acquisition of TCSB Bancorp Inc. gives Independent Bank Corp. a position in an attractive banking market in Northwestern Michigan.

Published in Finance

Sunday, 04 February 2018 14:23

MiBiz Growth Report: Feb. 5, 2018

Here is the MiBiz Growth Report for Feb. 5, 2018

• M&A: Grand Rapids-based Alliance CNC Cutter Grinding Services Inc. was acquired by GWS Tool Group LLC of Tavares, Fla., according to a statement. Alliance CNC is a designer and manufacturer of tight tolerance drills, reamers and micro-tools. With the deal, GWS adds hole-making tool capabilities to its existing focus in round tools, endmills and inserts. Terms of the deal were not disclosed, but Alliance CNC will continue to operate out of its Grand Rapids area plant with its existing management team. GWS Tool Group is a vertically integrated manufacturer of engineered cutting tools for the aerospace, defense, power generation, automotive and medical industries.

Published in Breaking News