GUIDE ROCK--Effective Thursday, October 8th, Guide Rock State Bank, with branches in Guide Rock and Edgar, was merged into Cornerstone Bank.
The entire staff of the former Guide Rock State Bank will continue with Cornerstone, and Scott Vogler will continue as Vice President and Manager of the Guide Rock branch. Dave Bondegard, who is Vice President and Manager of Cornerstone Bank in Clay Center, Glenvil and Davenport, will also serve as Vice President and Manager of the Edgar branch.
Scott Vogler added becoming part of the Cornerstone family will benefit customers. Cornerstone has a reputation for community focused banking on which Guide Rock State Bank was founded and will provide additional financial services such as mobile banking, home mortgages and trust and investment services to name a few.
Kelly Holthus, Chairman of the Board of Cornerstone Bank, stated that he felt the banks in Guide Rock and Edgar would be a very good fit for Cornerstone, as the customer base and services offered are similar to what Cornerstone is doing in several communities in east central Nebraska.
With this addition, Cornerstone has 37 banking facilities in 28 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--The 33rd Annual Cornerstone Bank Tennis Tournament was held Saturday and Sunday August 8 and 9 at the Levitt Tennis Courts in York. Over 60 competitors took part in the two day event, and there was a competition in seven separate divisions.
In the Men’s Open Championship final, Erik Hjermstad of Lincoln met Ryan Fehr of Columbus. Hjermstad defeated Fehr 6-0, 6-1.
In the Women’s Open Championship match Catherine Ternent of Lincoln defeated Clair Hying of Lincoln 6-0, 6-3.
Erik Hjermstad (Lincoln) over Ryan Fehr (Columbus) 6-0, 6-1
Jon Holtz (Elkhorn) over Derek Mikus (Lincoln) 6-2, 6-2
Phil Cook (Beatrice) over Tom Milburn (Lincoln) 6-4, 6-2
Men's Open Doubles
Jon McQuistan (Omaha) and Justin McQuistan (York) over Joe Ritzdorf (Omaha) and Josh Budler (Columbus) 5-3 (Retire)
Catherine Ternent (Lincoln) over Claire Hying (Lincoln) 6-0, 6-3
Katie Steffen (Beatrice) over Penny Jacobsen (York) 6-2, 6-3
Alyssa Curry (Columbus) and Hannah Thomazin (Columbus) over Brenda Romero (La Vista) and Julie Hewett (Papillion) 6-4, 6-1
Cornerstone to Purchase Guide Rock State Bank
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.
Cornerstone Sponsors 33rd Annual Tennis Tournament
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.
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.
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.