EXHIBIT 99.1

FOR IMMEDIATE RELEASE
Date Submitted: April 29, 2008
NASDAQ Symbol: FBMI NEWS RELEASE

Contact: Samuel G. Stone
Executive Vice President and
Chief Financial Officer
(989) 466-7325

Firstbank Corporation Announces Second Quarter Cash Dividend

Alma, MI (FBMI) – Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation, announced today that a $0.225 per share quarterly cash dividend will be paid June 12, 2008, to shareholders of record as of May 23, 2008.

The $0.225 per share cash dividend remains unchanged from the prior quarter.

Firstbank Corporation, headquartered in Alma, Michigan, is a financial services company using a multi-bank-charter format with assets of $1.4 billion and 53 banking offices serving Michigan’s Lower Peninsula. Bank subsidiaries include: Firstbank – Alma; Firstbank (Mt. Pleasant); Firstbank – West Branch; Firstbank – Lakeview; Firstbank – St. Johns; Keystone Community Bank; and Firstbank – West Michigan