Bank News 


Cornerstone Recognizes Employees

Cornerstone Bank held its annual Employee Recognition Dinner at the York Country Club on Monday, January 14, 2019. Recognition gifts were presented to 63 honorees at that time.

Employees who were recognized for five years of service included Bev Moore, Isaac Schelkopf, Carolyn Meyer, Samantha Easterberg, Ross Wurdeman, Brenda Stricker, Bruce Okamoto, Dan Bartling, John Prusia, Lori Hoffman, Mike Nelson, Patrick Benson, Tracy Ross, Steve Janssen, Tasha Johnson, Jeramy Fowler, Todd Ostmeyer, Linda Mousel, Asia Haack, Elaine Shuck, Ann Heinen, Nate Friesen, Megan Shaw, Megan Romero, Deb Pliefke, Michael Eurek, Dawn Schaldecker, Julie Wilmes, and Patrick Dorcey.

Denese Becker, Diane Thompson, Dick Brehm, Bob Eller, Marianne Senff, Cathy Schack, Joyce Nunnenkamp, Sherri Bennett, Tim Bullock, Tracy Brockman, John Moeller, Jeanna Mohler, Linda Liska, Karin Newman, and Joyce Brown were honored for 10 years.

Those recognized for 15 years were Nikki Keller, Steve Gustafson, Jan Bestwick, Connie Nelson, and Laurie Stuhr.

Twenty-year honorees included Becky Becker, Janice Hamilton, Shelley Janzen, Ruth Huber, Rodger Richards, and Tom Schrader.

Brenda Raile was recognized for 25 years.

Thirty year honorees were Zach Suddarth and Lynn Vodvarka.

Recognized for 15 years of service on the Board of Directors included Daryl Wilton, Kelly Thomas, Beth Godbout and Tom Holthus.

Dick Brown was recognized for 20 years of service on the Board of Directors.

Cornerstone to Purchase Franklin State Bank

FRANKLIN – Kevin Slocum, President and CEO of Franklin State Bank, and Kelly Holthus, Chairman of Cornerstone Bank, announced today an agreement has been reached for Cornerstone Bank to purchase the Franklin State Bank in Franklin, Nebraska. 

As of December 31, 2017, Franklin State Bank had Total Assets of $46 million, with Total Deposits of $37 million and Total Loans of $24 million.  The purchase is subject to regulatory approval with a closing date anticipated in the fourth quarter of 2018.  No personnel changes are expected.

“Cornerstone Bank is very pleased to be a part of the Franklin community,” stated Holthus.  “Cornerstone is committed to the agricultural sector of the economy and also in serving many smaller communities in Nebraska.” 

“I would like to thank the customers of Franklin State Bank for their loyalty and patronage over the years” said Slocum.  “The Franklin area has been very special to our family for the past 88 years, and I hope we have been able to make a difference in the community and the great people of this area.  Our family has been honored to work alongside each and every one of you. 

“We are pleased that Cornerstone is the buyer as they are a strong bank,” Slocum continued.  “They will be able to provide our customers with the same high level of service and an even broader range of banking services and financial products.”

Once the purchase closes, existing customers of the bank will have full access to Cornerstone’s branch locations, ATM network, and many other services such as online and mobile banking.

As of December 31, 2017, Cornerstone Bank had $1.6 billion in Total Assets and with the acquisition of Franklin State Bank; Cornerstone will have 41 banking branches in 32 communities.  Other communities include:  Albion, Aurora, Bartlett, Bradshaw, Central City, Clay Center, Columbus, Davenport, Edgar, Geneva, Glenvil, Grand Island, Guide Rock, Hampton, Harvard, Henderson, Hildreth, Marquette, McCool Junction, Monroe, Murray, North Loup, Polk, Rising City, Shelton, St. Edward, Stromsburg, Sutton, Waco, Wilcox and York.  Cornerstone Bank is owned by First York Ban Corp. of York.

Cornerstone building New Bank Near Beaver Lake

Beaver Lake Groundbreaking“Customer service is the most important thing we offer,” said Russ Henning, Vice President and Manager of Cornerstone Bank in Murray.  “The new building with a drive-thru window, drive-thru ATM and the additional space will enhance our service and allow for a more enjoyable banking experience.Cornerstone Bank began construction on a new bank near Beaver Lake located at Rock Bluff Road and 2nd Avenue.  The new full service bank will provide both walk in and drive-thru capabilities, a drive-thru ATM and additional office space for both bank and insurance services.  This will be second location in Cass County along with the current branch in Murray.

“The decision to invest in Beaver Lake was an easy one,” Henning said.  “With two branches in Cass County, we are committed to this community and fortunate to have loyal customers from around the area.”

Construction of the 6,500 square foot building has already begun and should be completed in the first quarter of 2019.

Cornerstone Bank Receives Lender Honors From USDA Rural Development

With guaranteed financing, private lending institutions provide the loans which are guaranteed by the federal government.  The program features no down payment to eligible income households and no maximum mortgage limits.  Homes must be located in rural areas. All communities in Nebraska are eligible for USDA Rural Development housing programs with the exceptions of Fremont, Grand Island, Hastings, Kearney, Lincoln, North Platte, Omaha and South Sioux City/Dakota City. See  for eligible areas.York, Nebraska, December 14, 2017 — Cornerstone Bank in York was recognized today as a Top Ten Lender for the Fiscal Year 2017 for USDA Rural Development’s Guaranteed Rural Housing (GRH) loan program.  Cornerstone Bank delivered in excess of $2.9 million in home loans to allow 33 rural Nebraska families to “build a better future together.”

GRH loans have been processed in 71 out of the 93 counties throughout Nebraska.  Existing guaranteed or direct loan borrowers may refinance their home loans under the GRH loan program to obtain a possible lower interest rate.

USDA is an equal opportunity provider, employer, and lender.

Equifax Data Breach Information: The Facts

Equifax is not a bank, it is a credit bureau.  It is one of three major credit reporting agencies and handles the data of 820 million consumers and more than 91 million businesses worldwide.

On September 7th, Equifax announced that the records of approximately 143 million Americans were breached between May and July of this year.  Those records contained names, birth dates, addresses, Social Security numbers and some driver’s license numbers.  At this time, it appears hackers did not gain access to full credit reports.

In addition to the personal information accessed, 209,000 credit card numbers were obtained.  Equifax has indicated that debit cards were not exposed – therefore criminals are unlikely to have the ability to withdraw funds from a checking account.

It has been determined that the data breach occurred because hackers were able to exploit a software vulnerability/flaw that was not patched in a timely manner. 

The biggest risk posed by this breach is the threat of identity theft.

What do I do now?

  • Find Out If Your Information Was Compromised
    Equifax has set up this special website where you can find out if they believe your information was compromised:
  • Enroll In Equifax’s Services
    Equifax is offering one year of free credit monitoring and other services, whether or not your information was exposed. You can sign up at
  • Consider A Credit Freeze
    Before deciding to place a credit freeze on your accounts, consider your personal situation.  Will you apply for credit soon, apply to rent an apartment or think you might need quick credit in an emergency?  You can also decide to place a fraud alert on your files with the three major credit bureaus.  A fraud alert puts a red flag on your credit report which requires businesses to take additional steps, such as contacting you by phone before opening a new account.  A fraud lock may also be available through some Credit Bureaus.
    To place a Credit Freeze you must contact each Credit Bureau individually and request the action.  A freeze remains in place until you remove it.  Each Credit Bureau will have more information on their freeze.  Be aware that sometimes there is a fee to freeze your information.  In this case Equifax has agreed to waive this fee for those signing up in the next 30 days.
  • Monitor Your Credit Reports
    You can order a free copy of your credit report from three of the credit reporting agencies at  You are entitled to one free report from each of the credit bureaus once per year.
  • Monitor Your Bank Accounts And Credit Card Accounts
    You should monitor your financial accounts regularly for fraudulent transactions. Use online and mobile banking to keep a close eye on your accounts.
  • Watch Out For Scams Related To The Breach
    Do not trust e-mails or phone calls that appear to come from Equifax regarding the breach. Attackers are likely to take advantage of the situation and craft sophisticated phishing e-mails or robo-calls.

How do I contact the credit bureaus?

  • Equifax: Call 800-349-9960 or visit its website.
  • Experian: Call 888-397-3742 or visit its website.
  • TransUnion: Call 888-909-8872 or visit its website.

Below is another credit bureau that is becoming more widely used and should also be considered.

  • Innovis:  Call 800-540-2505 or visit its website.

Where can I get additional information about the Equifax breach?

You can learn more directly from Equifax. You can also learn more by visiting the Federal Trade Commission’s web page on the breach. 

Learn more about how to protect yourself after a breach


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