SPARTA,
Mich., May 19, 2023 /PRNewswire/ -- ChoiceOne
Financial Services, Inc., and ChoiceOne Bank (NASDAQ: COFS)
("ChoiceOne") are pleased to announce advancements in their
Treasury Management services offering more sophisticated solutions
for small, mid-sized and large business customers. These advances
include industry-leading technology to support customers' payment,
reporting, and security needs supported by local experts in our
Treasury Support team.
"Celebrating our 125th Anniversary this year,
ChoiceOne has built our reputation on providing customers
innovative technologies and high-performing solutions," said
ChoiceOne CEO Kelly J.
Potes. "Today, our enhanced Treasury Management
platform seamlessly supports the current demands of our business
customers – large and small – as well as meet their long-term needs
as they grow and require more advanced, sophisticated
services."
ChoiceOne's Treasury Management platform provides a robust,
flexible, and scalable cash management solution that is delivered
with the convenience and accessibility required in today's
on-demand environment. It is feature-rich and user-friendly to help
all businesses monitor their day-to-day cash flows as well as
manage their long-term financial health and security.
Highlights of ChoiceOne's Advanced Treasury Management
Solutions:
- Wide array of payment options including same day ACH
- Domestic and international wire originations, ACH originations
and file uploads
- Advanced Mobile Deposit for businesses
- Customizable payment reports and approvals
- Tailored reports that can be generated, saved and flagged as
favorites
- Industry's highest security standards
As part of ChoiceOne's yearly advances in financial services and
technology, a new Treasury Support Department has been created to
provide personal support for treasury customers. This service has
been extremely successful as customers implement the services that
best meet their demands. Enhancements have included the launch of
new online and mobile banking platforms incorporating
industry-leading 2FA security, seamless transitions between
devices, and a robust API framework to position ChoiceOne for
future features and updates.
"Our customers rely on our online and digital banking
platforms," said Potes. "Our new advanced cash management services
will help ChoiceOne deepen our customer relationships and broaden
our ability to grow market share throughout Michigan. Our tech-savvy bank has a special
culture, one that is driven by innovation, yet with a mission
to provide superior service, quality advice and show our
utmost respect to everyone we meet. We stand ready to meet our
customers' financial needs, however they choose, and build solid
trusting relationships."
About ChoiceOne
ChoiceOne Financial Services,
Inc. is a financial holding company headquartered in Sparta, Michigan, and the parent corporation
of ChoiceOne Bank. Member FDIC. ChoiceOne Bank, named one
of America's Best Banks by Newsweek, operates 36 offices
in parts of Kent, Ottawa, Muskegon, Newaygo, Lapeer, St.
Clair, Macomb, and
Oakland counties. Celebrating
a 125th Anniversary in 2023, ChoiceOne is an approximately
$2.4 billion-asset bank holding
company making it the eighth largest bank holding company in
Michigan based on asset size.
ChoiceOne Bank offers insurance and investment products through its
subsidiary, ChoiceOne Insurance Agencies, Inc. ChoiceOne Financial
Services, Inc. common stock is quoted on the Nasdaq Capital Market
under the symbol "COFS." For more information, please visit
Investor Relations at ChoiceOne's website choiceone.bank.
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SOURCE ChoiceOne Financial Services, Inc.