Cornerstone State Bank, History

The following are major historical events for Cornerstone State Bank, including mergers and acquisitions.

1974-04-08Institution established: Original name:Le Sueur State Bank
1997-09-15Changed name to Cornerstone State Bank
2004-12-31Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2004-12-31Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2008-08-01Moved bank headquarters from LE SUEUR, MN to MONTGOMERY, MN
2016-03-11Acquired Peoples State Bank of Madison Lake (1923) in MADISON LAKE, MN