First Federal Savings and Loan Association of York

Status:Inactive as of 01/18/1990
 Absorption - Assisted
Institution Enters Conservatorship
Successor Bank:First Federal Savings Association of York
Headquarters:First Federal Savings and Loan Association of York
100 East 4th Street
York, NE 68467
Established:01/01/1892
FDIC Insurance:07/05/1956
FDIC Cert:#30855
Charter Class:
Total Assets:$59,744,000
Total Deposits:$54,885,000

History

1892-01-01Institution established: Original name:First Federal Savings and Loan Association
1979-05-31Acquired First City Savings and Loan Association (31810) in LINCOLN, NE
1988-04-30Changed name to First Federal Savings and Loan Association of York
1990-01-18Failed, went into receivership, and then became part of First Federal Savings Association of York (32900)
1990-01-18Institution established: Original name:First Federal Savings Association of York (32900)
1990-01-18Placed into government conservatorship.
1990-06-22Government conservatorship or bridge bank resolved.
1990-06-22Acquired after government financial assistance and subsequently operated as part of The First National Bank of York (5496)
1992-07-10Acquired First Trust Company (90336) in YORK, NE
1992-07-10Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1996-02-29Reorganized.
1997-11-12Changed name to Cornerstone Bank, National Association (5496)
2000-02-15Acquired Bank of Monroe (13901) in MONROE, NE
2001-02-22Acquired The First National Bank of Stromsburg (5479) in STROMSBURG, NE
2002-04-04Acquired Citizens State Bank (1985) in POLK, NE
2005-10-21Acquired City State Bank (14479) in SUTTON, NE
2005-10-21Acquired The Albion National Bank (5372) in ALBION, NE
2006-09-30Changed name to Cornerstone Bank (5496)
2006-09-30Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL RESERVE BOARD
2006-09-30Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2008-01-11Acquired Bank of St. Edward (15294) in ST. EDWARD, NE
2010-04-01Acquired Harvard State Bank (14313) in HARVARD, NE
2011-10-06Acquired First State Bank (8600) in SHELTON, NE
2012-04-11Acquired Frontier Bank (19251) in DAVENPORT, NE
2014-04-01Acquired Bank of Marquette (5436) in MARQUETTE, NE
2015-02-18Acquired North Loup Valley Bank (16468) in NORTH LOUP, NE
2015-10-08Acquired The Guide Rock State Bank (11469) in GUIDE ROCK, NE
2016-09-30Acquired The State Bank of Hildreth (13723) in HILDRETH, NE
2017-01-06Acquired The Murray State Bank (10653) in MURRAY, NE
2018-10-30Acquired Franklin State Bank (11023) in FRANKLIN, NE
2019-12-05Acquired Security Home Bank (14639) in MALMO, NE