The estimated Net Worth of Eric E Burrough is at least $4.84 million dollars as of 25 July 2024. Mr. Burrough owns over 16,000 units of ChoiceOne Services stock worth over $4,833,085 and over the last 5 years he sold COFS stock worth over $0. In addition, he makes $4,875 as Independent Director at ChoiceOne Services.
Eric has made over 2 trades of the ChoiceOne Services stock since 2022, according to the Form 4 filled with the SEC. Most recently he bought 16,000 units of COFS stock worth $400,000 on 25 July 2024.
The largest trade he's ever made was buying 16,000 units of ChoiceOne Services stock on 25 July 2024 worth over $400,000. On average, Eric trades about 1,300 units every 31 days since 2020. As of 25 July 2024 he still owns at least 160,461 units of ChoiceOne Services stock.
You can see the complete history of Mr. Burrough stock trades at the bottom of the page.
Eric E. Burrough serves as Independent Director of the Company. Mr. Burrough served on the Nominating, Risk, M&A, Trust, Compensation and Loan committees. Since 1990, Mr. Burrough has been owner and president of Michigan Web Press, a commercial printing company with operations in Davisburg, Michigan and Greenville, Michigan. Since its founding in 2003, he has also been owner and president of JAMS Media / View Newspaper Group, publishers of 19 community papers in Michigan. Collectively, Mr. Burrough’s companies employ approximately 300 individuals. Both individually and through his businesses, Mr. Burrough has been an ardent supporter of the Lapeer community through volunteerism, advocacy, in-kind donations and monetary sponsorships of local organizations and events. Mr. Burrough is a member of the Lapeer Optimist Club and the Lapeer Elks Club. He currently serves as a director on the boards of McLaren-Lapeer Region, McLaren-Lapeer Region Foundation, Lapeer County Community Foundation and the Lapeer Economic Club. He is a 2016 inductee of the Lapeer High School Alumni Association Distinguished Alumni Hall of Honor. Mr. Burrough is qualified for service as a continuing director by virtue of his 11 years of experience as an outside bank director, his extensive experience in business and his community leadership.
As the Independent Director of ChoiceOne Services, the total compensation of Eric Burrough at ChoiceOne Services is $4,875. There are 14 executives at ChoiceOne Services getting paid more, with Kelly J. Potes CFP having the highest compensation of $505,807.
Eric Burrough is 55, he's been the Independent Director of ChoiceOne Services since 2019. There are 18 older and 9 younger executives at ChoiceOne Services. The oldest executive at ChoiceOne Financial Services, Inc. is James Bosserd, 70, who is the Independent Director.
Eric'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 et 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: