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Cornerstone Purchases Bank of OrchardORCHARD – Effective Thursday, December 5th, the Bank of Orchard was merged into Cornerstone Bank. Bill Kester will serve as Vice President and Manager of the branch, while Heidi Blomenkamp and Mary Erb will serve as Operations Officers. “Cornerstone Bank is excited to become a part of the Orchard community and grow our banking operation in this region,” stated Zac Holoch, President and CEO of Cornerstone Bank. “Cornerstone is committed to serving the smaller communities in the state, and Orchard fits well in our branch footprint.” With this addition, Cornerstone has 48 banking locations in 39 communities, along with 18 insurance locations. Cornerstone Bank has banking locations in the following communities in Nebraska: Albion, Ashton, Aurora, Bartlett, Beaver Lake, Bradshaw, Central City, Clay Center, Clearwater, Columbus, Creighton, Davenport, Edgar, Franklin, Geneva, Glenvil, Grand Island, Guide Rock, Hampton, Harvard, Henderson, Hildreth, McCool Junction, Malmo, Marquette, Monroe, Murray, North Loup, Polk, Rising City, Shelton, St. Edward, Stromsburg, Sutton, Tilden, Waco, Wilcox and York. Cornerstone Bank is owned by First York Ban Corp. of York, Nebraska. |
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Cornerstone Bank Building New Technology Center in York
- YORK – Cornerstone Bank recently began construction on a new technology center located at 2274 South Lincoln Avenue in York. The current office at 2336 South Lincoln Avenue will be used for future bank expansion. The current building was the old Bonanza restaurant, which was purchased and renovated in 1999. “Up until now, the current building has served its purpose well,” said Zac Holoch, President & CEO of Cornerstone Bank. “With the increasing demands for technology at Cornerstone Bank and 25 employees working in the office, the building is at maximum capacity, and we need more space.” Construction of the 12,721 square foot building should be completed in the spring of 2024. The tech center controls operations and support of the technology for Cornerstone Bank, as well as the technology for many other community banks throughout the state of Nebraska. Cornerstone Bank is a $2.3 billion bank and has 47 banking locations in 38 communities along with 18 insurance agency locations. Cornerstone has banking facilities in the following communities in Nebraska: Albion, Ashton, Aurora, Bartlett, Beaver Lake, Bradshaw, Central City, Clay Center, Clearwater, Columbus, Creighton, Davenport, Edgar, Franklin, Geneva, Glenvil, Grand Island, Guide Rock, Hampton, Harvard, Henderson, Hildreth, Malmo, Marquette, McCool Junction, Monroe, Murray, North Loup, Polk, Rising City, St. Edward, Shelton, Stromsburg, Sutton, Tilden, Waco, Wilcox and York. Cornerstone Bank is owned by First York Ban Corp. of York, Nebraska. |
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Cornerstone to Purchase Ashton State BankYORK--Cornerstone Bank of York announced today that they have entered into an agreement to purchase the Ashton State Bank at Ashton, Nebraska. The Ashton State Bank has total assets of approximately $19 million with deposits in excess of $17 million and loans in excess of $11 million. The purchase is subject to regulatory approval with a closing date expected to be in the third quarter of 2022. Kelly Holthus, Chairman of Cornerstone Bank and First York Ban Corp., states that they are very pleased to be a part of the Ashton Community. Cornerstone Bank has long been committed to the agricultural sector of the economy and also in serving many smaller communities in Central Nebraska. The management of the Bank feels this move will be a further enhancement to expand their banking footprint. The Badura Family incorporated Ashton State Bank in September, 1908 and the family has had continual ownership since that time. Cornerstone appreciates the opportunity to purchase the bank from the Badura Family. As of June 30, 2022, Cornerstone Bank had $2.1 billion in assets and with the acquisition of Ashton, Cornerstone will have 47 banking facilities in 38 communities along with 18 insurance locations. Cornerstone Bank has banking facilities in the following communities in Nebraska: Albion, Aurora, Bartlett, Beaver Lake, Bradshaw, Central City, Clay Center, Clearwater, Columbus, Creighton, Davenport, Edgar, Franklin, Geneva, Glenvil, Grand Island, Guide Rock, Hampton, Harvard, Henderson, Hildreth, McCool Junction, Malmo, Marquette, Monroe, Murray, North Loup, Polk, Rising City, Shelton, St. Edward, Stromsburg, Sutton, Tilden, Waco, Wilcox and York. |
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Travel ClubCornerstone Bank is excited to offer a Travel Club to the communities and customers we serve in Nebraska. Our Travel Club is open to Cornerstone customers of all ages and their friends. All of the trips are well organized with every detail managed on your behalf by Gannon Travel Associates out of Grand Island. All you have to do is come ready for fun! If you have any additional questions, please email travelclub@cornerstoneconnect.com. |