A bank in the area selected a new vice president of client development to replace a retiring longtime employee.
Sparta-based ChoiceOne Bank said last week it named Carrie Olson to take over the responsibilities of Bonnie Koehn, VP of client development, who officially retired May 15.
“It is with mixed emotions that I announce Bonnie’s retirement,” said Kelly Potes, president and CEO of ChoiceOne Bank. “With a successful banking career encompassing 23 years of service with ChoiceOne Bank, Bonnie has seen great changes as we grew our community bank into West Michigan and now into southeast Michigan (following ChoiceOne’s recently completed merger with County Bank Corp.). Bonnie has been a great partner with her clients and prospective businesses, helping them to streamline their daily banking practices and uncover ways to help them realize and achieve their financial goals.”
He said Olson was selected to fill Koehn’s role “due to the care she has shown helping our clients for the past eight years as both a branch manager and regional manager.”
“Carrie began working with Bonnie nearly a year ago to begin this transition,” Potes said. “She excels in personal client relationships and finding tailored banking solutions for her clients’ needs.”
Koehn started her banking career at ChoiceOne when it was Sparta State Bank in the 1970s. She left the bank after six years, and in 2003, she returned for an additional 16-year stint.
Starting in the consumer loan department in 2003, Koehn rose through the ranks quickly. In 2006, she was promoted to assistant branch manager of the Alpine branch office. In 2008, she made Kent City branch manager, became an assistant vice president in 2010 and a vice president – regional manager in 2014. In 2016, Koehn was promoted to vice president of client development.
Koehn was especially celebrated for her work with H-2A temporary agricultural workers, which led to ChoiceOne Bank receiving the National Community Bank Service Award for outstanding and innovative volunteer efforts in 2017 from the Independent Community Bankers of America (ICBA).
Potes said Koehn delayed her retirement “so she could help us process over 700 PPP loan applications for our small business customers, including our nonprofits.”
Olson comes to her new role with 20 years of banking experience. She was a branch manager for Chase Bank from 2000-12, then joined ChoiceOne Bank as Alpine branch manager. She was appointed assistant vice president – branch sales manager in 2015 and was part of ChoiceOne’s H-2A committee that partnered with local farms to find banking solutions for seasonal employees.
She then took on her current role as VP of client development in training under Koehn last year and is now fully onboarded in the role.
Olson graduated from the Michigan Bankers Association Perry School of Banking.
Founded in 1898, ChoiceOne Bank, a subsidiary of ChoiceOne Financial Services (Nasdaq: COFS) operates 29 offices across Michigan: 15 offices in Lapeer, Macomb and St. Clair counties and 14 offices in Kent, Ottawa, Muskegon and Newaygo counties.
ChoiceOne offers consumer and commercial deposit and loan services.
The bank has about $1.4 billion in assets.