GUIDE ROCK – Scott Vogler, President of the Guide Rock State Bank and Kelly Holthus, Chairman & CEO of Cornerstone Bank in York, Nebraska, announced today an agreement has been reached for Cornerstone Bank to purchase the Guide Rock State Bank and their branch at Edgar, Nebraska. As of December 31, 2014, Guide Rock State Bank had total assets of $28 million with deposits of $24 million and loans of $18 million. The purchase is subject to shareholder and regulatory approval with a closing expected in September, 2015.
Kelly Holthus stated Cornerstone Bank is very pleased to be a part of the Guide Rock and Edgar Communities and to continue to expand its banking footprint in south central Nebraska. Cornerstone Bank has long been committed to the agricultural sector of the economy and also in serving many smaller communities.
Scott Vogler added becoming part of the Cornerstone family will benefit customers. Cornerstone has a reputation for the community focused banking on which Guide Rock State Bank prides itself and will provide additional financial services such as mobile banking, home mortgages and trust and investment services to name a few.
Cornerstone Bank is a $1.4 billion bank and with the acquisition of the Guide Rock State Bank, Cornerstone will have 37 banking branches in 28 communities. Other communities include: Albion, Aurora, Bartlett, Bradshaw, Central City, Clay Center, Columbus, Davenport, Geneva, Glenvil, Grand Island, Hampton, Harvard, Henderson, Marquette, McCool Junction, Monroe, North Loup, Polk, Rising City, Shelton, St. Edward, Stromsburg, Sutton, Waco and York. Cornerstone Bank is owned by First York Ban Corp of York, Nebraska.
YORK--Cornerstone Bank will host its 33rd annual non-sanctioned tennis tournament August 8th and 9th at Levitt Tennis Courts next to York High School.
Entries will be limited to one single and one double. The matches will be the best of three sets with a 12-point tiebreaker at 6-all. There will be a super tie breaker if sets are split in lieu of a third set.
Registration forms are available at any Cornerstone Bank or click here to print the form. The entry deadline is noon Wednesday, August 5th. Singles entry fee is $15.00 per division and doubles entry fee is $20.00 per team.
Pairings will be available after noon on Friday, August 7th from Ray McKenna at Cornerstone Bank at (402) 363-7422 before 5 p.m. or you can visit our website.
Please call Ray McKenna at (402) 363-7422 for any further information.
NORTH LOUP--Effective Wednesday, February 18th, North Loup Valley Bank and North Loup Valley Insurance Agency Inc. were merged into Cornerstone Bank and Cornerstone Insurance Group respectively.
Daniel Piskorski will serve as Assistant Vice President and Manager of the North Loup Facility. He is a native of Ord and has been with Cornerstone since 2009. Daniel and his wife, Jessica, have three young children.
“I’m excited to return to this area. Having grown up in Valley County, I know North Loup’s rich agricultural economy and rural Nebraska values with be a good fit for Cornerstone,” said Piskorski. “As a family owned bank, Cornerstone is committed to treating their customers like family. In addition, we will be offering expanded products and services like online banking, mobile banking, online bill pay, trust and investments to name a few.”
With this addition, Cornerstone has 35 banking facilities in 26 communities and 14 insurance agencies in the 14 county area that it serves. Cornerstone Bank has $1.4 billion in total assets and is a wholly owned subsidiary of First York Ban Corp.
YORK -- On Monday, January 5, 2015, Cornerstone Bank held its annual Employee Recognition Dinner at the York Country Club. Recognition gifts were presented to 45 honorees at that time.
Employees who were recognized for 5 years of service included Jolene Beckman, Mark Blinde, Carmen Braasch, Stacy Brockevelt, Margaret Crawford, Dave Dohmen, Brett Freese, Tom Gebers, Brian Goossen, Arnold Hellbusch, Deena Kopetzky, Dolan Larsen, Dan Piskorski, Judy Power, Greg Sander, Harvey Schultz, Kayla Stastny, Deb Stern, Susan Wall, Christina Wert, and Shelby Winn.
Dave Bondegard, Natalie Demuth, Caryn Eickhoff, Darcy Friesen, Amber Gillespie, Linda Hagemeier, Phil Janda, Lois Klone, Todd Kramer, Megan Marget, Pat Matlock, Amy Meyer, Brandi Pohl, Barb Reetz, and Donette Shenk were honored for 10 years.
Those recognized for 15 years included Nancy Liss, Leah Luellen, Melissa Rath, Kurt Van Norman, and Janet Walsh. Kris Holoch was also recognized for 15 years on the Board of Directors.
Twenty-year honorees included Bill Delong and Jim Mestl.
Mark Deepe was recognized for 25 years.
NORTH LOUP – Cornerstone Bank of York announced today that they have entered into an agreement to purchase 100% of the stock of Loup Valley Bancshares, Inc., which in turns owns 100% of the North Loup Valley Bank and North Loup Valley Insurance Agency Inc. As of September 30, 2014 the North Loup Valley Bank had Total Assets of $19 million with Deposits in excess of $17 million and Loans of $9 million. The purchase is subject to regulatory approval with the closing date expected in the first quarter of 2015.
Kelly Holthus, Chairman and CEO of Cornerstone Bank and First York Ban Corp., states that they are very pleased to be a part of the North Loup 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 our banking footprint. We will offer all the latest banking services that are available and still maintain the small town service that the North Loup customers expect and enjoy. An announcement will be made in the near future as to the management personnel of the bank.
Emil Hrebec, President of the North Loup Valley Bank, stated: “I have devoted many years to this Bank and the community of North Loup, but it is time for me to retire. I believe that the Holthus Family will continue the community focused banking in North Loup that has been my primary goal.”
Cornerstone Bank believes that your online security is of extreme importance. As we are all aware, as technology improves, certain security features become outdated. Effective November 19th, Cornerstone Bank removed the Security Picture and Passphrase combination from the password screen on your Online Banking and Mobile Banking logins. Also, after November 19th you will be required to answer different security questions. Online Banking customers will be prompted to change the security questions at login. Before attempting to use any Mobile Banking product, you will need to change your questions by logging in through a computer. Once the questions have been updated you can resume use of all of these products as usual.
Our new software is enhanced with a multi-layered system that increases the protection of your financial information.
As a reminder, we ask that you monitor you accounts closely. Please notify Cornerstone Bank immediately if you notice any fraudulent activity in your account. Cornerstone Bank also utilizes Fraudwatch Plus which tracks unusual activity on your debit card and will alert you of suspicious activity.