The Federal Reserve Board approved ChoiceOne Financial Services’ proposal to merge with Fentura Financial, indirectly acquiring Fentura’s subsidiary bank, The State Bank, and authorised ChoiceOne Bank to merge with The State Bank and establish and operate branches at The State Bank’s locations.
Federal Reserve Board 2025-02-12
Federal Reserve Board approves ChoiceOne Financial Services merger with Fentura Financial and acquisition of The State Bank
The Federal Reserve Board approved ChoiceOne Financial Services' merger with Fentura Financial, including the indirect acquisition of Fentura's subsidiary, The State Bank. It also authorized ChoiceOne Bank to merge with The State Bank and operate branches at its locations.