CORNERSTONE BANK

  • Bank Name:Cornerstone Bank
  • Bank Class:Federal Reserve Non-Member Bank
  • FDIC ID:Certificate #10045 - Inactive
  • FED RSSD ID:#978239 - Inactive
Headquarters:101 West Main Street, West Union, West Virginia 26456
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HISTORY OF CORNERSTONE BANK

Cornerstone Bank was established in January 1934 and headquartered in West Union, West Virginia. The bank operated as a subsidiary of Cornerstone Financial Services, Inc.. Cornerstone Bank was classified as a commercial bank, state charter and Fed nonmember, supervised by the FDIC. Cornerstone Bank is no longer doing business under that name. To view branches, routing numbers, phone numbers and business hours; you can check Summit Community Bank page.

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

DATEEVENT

1934-01-01 -Institution established. Original name: First National Bank in West Union.

1990-02-23 -Main Office moved to Main Street, West Union, WV 26456.

2006-12-01 -Institution withdraws from membership in the Federal Reserve System.

2006-12-01 -Changed Chartering Agency to State.

2006-12-01 -Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

2006-12-01 -Changed Primary Federal Regulatory Agency to Fdic.

2006-12-01 -Changed Institution Name to Cornerstone Bank, Inc..

2006-12-01 -Main Office moved to 101 West Main Street, West Union, WV 26456.

2020-01-01 -Merged and became part of Summit Community Bank, Inc (34102) in Moorefield, WV.

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