Michigan

ChoiceOne Financial Services in Sparta, Mich., will begin work on remodeling its bank's headquarters in May.

Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor.

KALSEE Credit Union, a $169-million institution based in Kalamazoo, Mich., announced that after an "exhaustive search," its board selected Matthew L. Lahman as its new president and CEO.

Saginaw Medical Federal Credit Union in Saginaw, Mich., has named Laura Crase its president and chief executive officer. She had been the credit union's chief lending officer.

Horizon Bancorp in Michigan City, Ind., has agreed to buy LaPorte Bancorp in LaPorte, Ind.

Huntington Bancshares plans to close more than 100 branches in Ohio, Illinois, Michigan, Pennsylvania and Wisconsin after it completes its acquisition of FirstMerit.

United Federal Credit Union's deal to merge with Lake Michigan Credit Union fell through, but it has acquired an executive from its larger rival.

County Bank, the holding company for the $324 million-asset Lapeer County Bank & Trust, said in a press release that it will pay $20 million, or $27 a share, in stock for the parent of the $245 million-asset CSB Bank.

Advia Credit Union in Parchment, Mich., has agreed to buy Mid America Bank in Janesville, Wis. The $1.2 billion-asset Advia did not say what it will pay for the $84 million-asset Mid America.

Banks are generally selling for less than they did before the financial crisis. Yet there have been select instances in which buyers have been willing to pay significant premiums to sellers' tangible book values. Here are the highest premiums since January 2015 for deals valued at $100 million or more.