ChoiceOne Bank tops Newsweek checklist of Greatest Small Banks
An area bank was acknowledged as the most effective within the state by a web based news platform.
Sparta-based ChocieOne Bank just lately was ranked Michigan’s Greatest Small Bank for 2023 by Newsweek. This 12 months marks the third set of monetary establishment rankings from Newsweek and the third 12 months that ChoiceOne Bank has earned the Greatest Small Bank in Michigan designation.
“To stand out across the country as Michigan’s Best Small Bank for three consecutive years now is a remarkable honor,” mentioned Kelly Potes, CEO of ChoiceOne Bank. “While our tech-savvy bank has a special culture that is driven by innovation, we are also extremely faithful to our mission to provide superior service, quality advice and show our utmost respect to everyone we meet.”
Potes additionally credited the bank’s numerous digital choices and modern methods as a part of the popularity.
To establish America’s Greatest Banks and Bank Accounts, Newsweek labored in partnership with the business platform LendingTree and chosen the winners from amongst 4,800 monetary establishments.
The banks are assessed on greater than 30 separate components, overlaying the general health of the bank, customer support efficiency and options, digital and department presence, account and mortgage choices, rate of interest choices, and costs.
The Greatest Small Bank in every state will need to have lower than $10 billion in belongings, be headquartered within the state and be amongst 5 banks with probably the most branches within the state.
“ChoiceOne has a vision to be the best bank in Michigan,” mentioned ChoiceOne President Michael Burke Jr. “With this recognition by Newsweek as the Best Bank in Michigan, we are truly seeing our vision unfold. We remain focused on helping our customers succeed and our communities thrive.”
The complete checklist of Greatest Small Banks for 2023 by state and the detailed methodology can be found right here.