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County Bank Corp declares special dividend, completes CSB, Lapeer County merger

Lapeer, Mich.-based County Bank Corp completed the merger of CSB Bank and Lapeer County Bank & Trust Co. to form Lakestone Bank & Trust on Dec. 3.

Lakestone Bank & Trust has 14 branches in southeast Michigan. The combination of the two institutions follows the close of County Bank Corp's acquisition of Capac Bancorp, which occurred in September.

The company also declared a special dividend of 30 cents per share, payable Dec. 30 to shareholders of record as of Dec. 16.