Cornerstone State Bank

  • Bank Name:Cornerstone State Bank
  • Bank Class:State Chartered - FED Nonmember Bank
  • Member FDIC:Certificate #21525
  • Routing Number:ACH & Wire - 091905059
  • Locations:7 Branches in Minnesota
Headquarters:401 Fourth St Nw, Montgomery, Minnesota 56069

Cornerstone State Bank Information

Cornerstone State Bank was founded in April 1974 and is based in Montgomery, Minnesota. The bank operates as a subsidiary of Cornerstone Bancorporation, Inc.. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Cornerstone State Bank is classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Cornerstone State Bank is a FDIC-insured bank with certificate number of 21525. The assigned Fed RSSD ID of Cornerstone State Bank is 914853.

Cornerstone State Bank currently operates with 7 branches located in Minnesota. Cornerstone State Bank is the 41st largest bank in Minnesota. The bank does not have any offices outside Minnesota.

A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Cornerstone State Bank is 091905059. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.

The full address of bank headquarters is 401 Fourth St Nw, Montgomery, MN 56069. You can visit the official website of the bank at https://www.cornerstonestatebank.com for more information and online banking service if available. For a comprehensive list of Cornerstone State Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.

Map Of Branch Locations

Bank Offices In Minnesota

406 East Commerce Drive, Belle Plaine 56011
1516 Cloquet Avenue, Cloquet 55720
550 Parkway Ave, Eagle Lake 56024
451 Third Street, Green Isle 55338
415 North Main St, Le Sueur 56058
500 Main Street, Madison Lake 56063
401 Fourth St Nw, Montgomery 56069

History Of Cornerstone State Bank

Cornerstone State Bank is a financial institution based in the state of Minnesota. It was established on April 8, 1974, under the name Le Sueur State Bank. Over the years, the bank underwent several changes, including a name change to Cornerstone State Bank on September 15, 1997. The bank's primary federal regulatory agency changed to the Federal Deposit Insurance Corporation on December 31, 2004, and it also ceased to be a member of the Federal Reserve System on that date. Throughout its history, the bank has relocated its main office multiple times, moving from Le Sueur to Montgomery, Minnesota, in June 2000 and then again within Montgomery to different addresses in August 2008 and November 2009. Most recently, on March 11, 2016, Cornerstone State Bank acquired Peoples State Bank of Madison Lake, further expanding its presence in the region.

Below is a list of some important events in bank's history, including mergers and acquisitions.

03-11-2016Acquired Peoples State Bank of Madison Lake in Madison Lake, MN.

11-16-2009Main Office moved to 401 Fourth St Nw, Montgomery, MN 56069.

08-01-2008Main Office moved to 221 First Street South, Montgomery, MN 56069.

12-31-2004Changed Primary Federal Regulatory Agency to FDIC.

12-31-2004Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

View 4 More Events in Bank's History …

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Bank Rating & Reviews
4.5 / 5
  • Rating 4.50/

Bank rating displayed here is the average value for all Cornerstone State Bank branches. A total of 4 customers had cast their vote for 7 branches and in average, Cornerstone State Bank got a score of 4.5 out of 5 stars.

Popular Branches
1516 Cloquet Avenue, Cloquet, MN 55720
415 North Main St, Le Sueur, MN 56058
500 Main Street, Madison Lake, MN 56063
406 East Commerce Drive, Belle Plaine, MN 56011
401 Fourth St Nw, Montgomery, MN 56069
451 Third Street, Green Isle, MN 55338
550 Parkway Ave, Eagle Lake, MN 56024
Newly Opened Branches

No new branches were opened in the last 12 months...

Closed Branches

No branches were closed in the last 12 months...

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