-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WARUtj49UbG7WaKR0KbQ/VsjSAaU7tGNrJWoRyARARfpLjadf2JBTv0TDYwyEH2n xZr5UlpCmrQF3fa20/8vIQ== 0000905729-10-000051.txt : 20100324 0000905729-10-000051.hdr.sgml : 20100324 20100324162127 ACCESSION NUMBER: 0000905729-10-000051 CONFORMED SUBMISSION TYPE: 425 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100324 DATE AS OF CHANGE: 20100324 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: O A K FINANCIAL CORP CENTRAL INDEX KEY: 0001038459 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 382817345 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 425 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22461 FILM NUMBER: 10702036 BUSINESS ADDRESS: STREET 1: 2445 84TH STREET, S.W. CITY: BYRON CENTER STATE: MI ZIP: 49315 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: CHEMICAL FINANCIAL CORP CENTRAL INDEX KEY: 0000019612 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 382022454 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 425 BUSINESS ADDRESS: STREET 1: 333 E MAIN ST CITY: MIDLAND STATE: MI ZIP: 48640 BUSINESS PHONE: 5176313310 MAIL ADDRESS: STREET 1: 333 E MAIN ST CITY: MIDLAND STATE: MI ZIP: 48640 425 1 chem425_032410.htm CHEMICAL FINANCIAL 425 Chemical Financial Corporation - Form 425 (03-24-10)

Filed by Chemical Financial Corporation
Pursuant to Rule 425 Under the Securities Act of 1933

Subject Company: O.A.K. Financial Corporation
Commission File No.: 000-22461


March 24, 2010

FOR IMMEDIATE RELEASE


OAK Financial Corporation to Coordinate Second Quarter Dividend Dates in light of Pending Merger with Chemical Financial Corporation

Byron Center, Michigan - March 24, 2010 --OAK Financial Corporation (OTCBB: OKFC), the holding company for Byron Bank, announced today that it will delay a decision on the declaration of a common stock dividend for the second calendar quarter of 2010.  The delay is intended to facilitate the coordination of second quarter dividend record and payment dates with Chemical Financial Corporation, which has agreed to acquire OAK Financial. 

As previously announced, OAK Financial has entered into an Agreement and Plan of Merger to merge into Chemical Financial Corporation.  OAK Financial's shareholder meeting to vote on the transaction will be held April 16, 2010.   If the merger is approved by OAK Financial's shareholders and if other conditions to closing are satisfied, OAK Financial and Chemical Financial anticipate that the merger will be completed effective April 30, 2010.   Upon completion of the merger, OAK Financial shares will be converted into the right to Chemical Financial common shares and any Chemical Financial dividend with a record date after April 30, 2010.    If Chemical Financial declares a second quarter dividend with a record date after the completion of the merger, then all Chemical Financial shareholders as of that record date will receive that dividend, including OAK Financial shareholders who received Chemical Financial shares in the merger.

OAK Financial Corporation owns Byron Bank, which operates 14 branches in West Michigan, Byron Investment Services, a full service provider of investment and retirement products, and Byron Insurance Agency, a provider of personal and commercial lines of insurance.

Additional Information about the Chemical/OAK Transaction

Chemical Financial Corporation has filed a registration statement with the SEC to register the securities that the OAK shareholders will receive if the merger is consummated. The registration statement contains a prospectus and proxy statement and other relevant documents concerning the merger. Investors are urged to read the registration statement, the prospectus and proxy statement, and any other relevant documents when they become available because they contain important information about Chemical, OAK, and the merger. Investors are able to obtain the documents free of charge at the SEC's website, www.sec.gov.

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For more information, please contact:
                    Patrick K. Gill, President & CEO at (616) 588-7420, or
                    James A. Luyk, Chief Operating Officer at (616) 588-7419
                    OAK Financial Corporation, Byron Center, Mich.

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