Banking & Finance and Human Resources

Bank announces promotions

January 16, 2019
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Carrie Olson
Carrie Olson. Courtesy ChoiceOne Bank

A West Michigan bank has promoted several senior members of its team.

Sparta-based ChoiceOne Bank said last week it promoted Troy Butler III, Scott Jennings, John Mousel and Carrie Olson.

Butler’s position is newly created, and the rest are filling vacancies.

“It is with great pleasure that I announce the promotions of these well-deserving individuals,” said Kelly Potes, president and CEO, ChoiceOne Bank.

“As we continue to grow our community bank franchise into West Michigan, it’s important to broaden our levels of service and expertise to fulfil our mission, which is to provide superior service, high-quality advice and show our utmost respect to everyone we meet. This team of leaders does this exceptionally well.”

Troy Butler III

Butler was named Grand Rapids market executive. He is responsible for driving growth by creating loan, deposit and brand awareness opportunities for ChoiceOne Bank in Grand Rapids, while assisting the Grand Rapids team in meeting its goals.

He joined ChoiceOne Bank in 2016 as vice president, commercial lender and Grand Rapids sales executive. Prior to joining ChoiceOne, Butler was vice president, business banker with First Community Bank in Grand Rapids. He has 20 years of banking experience.

Butler received a B.A. in finance from Michigan State University and an M.B.A from Western Michigan University.

Scott Jennings

Jennings was named vice president, collections and special assets department manager. He will plan, direct and implement the bank’s collection and loss mitigation activities across all lines of business, providing leadership and knowledge to manage and resolve delinquent consumer or commercial loans.

He joined ChoiceOne Bank in 2017 with over 20 years in banking experience, including positions in branch management, retail banking, credit, commercial lending and special assets.

He earned a B.S. in employee relations and psychology from Michigan State University.

John Mousel

Mousel, who is a certified financial planner, was named vice president, financial advisor of ChoiceOne Investment Center.

He joined ChoiceOne in January 2018 as assistant vice president of ChoiceOne Investment Center. Before that, he was the office manager and registered representative at his family-owned State Farm Insurance Agency in Fremont and owned a financial consulting business in Rockford, which he sold in 2016.

Mousel has a B.S. in finance from Central Michigan University and an M.B.A. in finance from Grand Valley State University.

Carrie Olson

Olson was named vice president, client development. In her new position, Olson will partner with current clients and prospective businesses to streamline their daily banking practices and help them realize and achieve their financial goals.

She joined ChoiceOne Bank in 2012 as the Alpine branch manager and was appointed assistant vice president in 2015.

Olson graduated from the Michigan Bankers Association Perry School of Banking.

ChoiceOne Bank

ChoiceOne Bank operates branches in Kent, Ottawa, Muskegon and Newaygo counties.

Its parent corporation — ChoiceOne Financial Services (OTC Pink: COFS) —is also based in Sparta.

The bank has almost 200 employees at its 14 West Michigan branches.

It reported about $650 million in assets as of Oct. 24, 2018.

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