Nels W. Nyblad serves as Independent Director of the Company. He owns Nels Nyblad Family Farm LLC. Mr. Nyblad is also a director of Nyblad Orchards, Inc., Rossroy Enterprises, Nyblad Properties Grand Traverse, LLC, and Nyblad Farms, and former director of Michigan Agricultural Cooperative Marketing Association, Inc. and Cherry Growers Inc. Mr. Nyblad has been a director of ChoiceOne and ChoiceOne Bank since June 2008. Mr. Nyblad is qualified for service as a continuing director by virtue of his substantial business, agricultural, and entrepreneurial experience and experience as a director of several Michigan businesses.
As the Independent Director of ChoiceOne Services, the total compensation of Nels Nyblad at ChoiceOne Services is $31,875. There are 12 executives at ChoiceOne Services getting paid more, with Kelly J. Potes CFP having the highest compensation of $505,807.
Nels Nyblad is 66, he's been the Independent Director of ChoiceOne Services since 2008. There are 4 older and 23 younger executives at ChoiceOne Services. The oldest executive at ChoiceOne Financial Services, Inc. is James Bosserd, 70, who is the Independent Director.
Nels's mailing address filed with the SEC is 109, East Division Street, Sparta, Sparta Township, Kent County, Michigan, 49345, United States.
Over the last 5 years, insiders at ChoiceOne Services have traded over $419,271 worth of ChoiceOne Services stock and bought 111,469 units worth $2,641,897 . The most active insiders traders include Kelly Potes, Bruce John Jr Essex oraz Eric E Burrough. On average, ChoiceOne Services executives and independent directors trade stock every 30 days with the average trade being worth of $92,107. The most recent stock trade was executed by Michael J Jr Burke on 9 August 2024, trading 500 units of COFS stock currently worth $13,375.
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides community banking services to corporations, partnerships, and individuals in Michigan. The company offers various deposit products, including time, savings, and demand deposits, safe deposit, and automated transaction machine services. It also provides commercial loans, such as business, industry, agricultural, construction, inventory, and real estate loans; and consumer loans comprising direct and indirect loans to consumers and purchasers of residential and real properties. In addition, the company offers safe deposit and automated transaction machine services; and alternative investment products, including annuities and mutual funds, as well as sells insurance policies, such as life and health for commercial and consumer clients. It operates 32 full-service offices in Kent, Muskegon, Newaygo, and Ottawa, Lapeer, Macomb, and St. Clair counties, Michigan. The company also operates three loan production offices. ChoiceOne Financial Services, Inc. was founded in 1898 and is headquartered in Sparta, Michigan.
ChoiceOne Services executives and other stock owners filed with the SEC include: