Interchange Income was Choiceone Financial Services’s largest product and service line in fiscal 2025, bringing in $7.81M of $18.99M (41%).
| Product and Service | FY 2024 | FY 2025 |
|---|---|---|
| Interchange Income | $5.80M | $7.81M |
| Customer Service Charges | $4.77M | $5.99M |
| Trust Fee Income | $906.00K | $2.53M |
| Insurance & Investment Commission Income | $742.00K | $1.91M |
| Other Charges & Fees For Customer Services | $562.00K | $751.00K |
| Total | $12.78M | $18.99M |
Choiceone Financial Services brought in $18.99M from its five product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 48.6% from $12.78M in fiscal 2024. Interchange Income was the largest at $7.81M (41.1%), ahead of Customer Service Charges at $5.99M (31.6%) and Trust Fee Income at $2.53M (13.3%). The other two lines brought in $2.66M combined.
Compared with fiscal 2024, Trust Fee Income grew fastest, up 178.7% to $2.53M. Every line above 2% of revenue grew.
Choiceone Financial Services (COFS) reports its revenue by product and service. In fiscal 2025, Interchange Income was its largest product and service line, bringing in $7.81M (41.1% of the total), followed by Customer Service Charges at $5.99M (31.6%).
Interchange Income was Choiceone Financial Services' largest product and service line in fiscal 2025, bringing in $7.81M, or 41.1% of the $18.99M total across its five product and service lines.
Among Choiceone Financial Services' product and service lines that make up at least 2% of revenue, Trust Fee Income grew fastest in fiscal 2025, up 178.7% from $906.00K to $2.53M.
Every figure comes from Choiceone Financial Services' annual financial filings, as reported. Each line keeps the name Choiceone Financial Services gives it, and years follow its fiscal calendar.
Choiceone Financial Services' revenue by product and service goes back to fiscal 2024, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.