BISMARCK, N.D. • CornerStone Bank recently broke ground on a new facility, located at 1806 North 12th Street in Bismarck.
CornerStone Bank currently has three separate locations in Bismarck, including two bank locations and a third location for offices, according to information provided by the company. The new bank will bring all team members together in one location and provide room for future growth.
“Cornerstone Bank has been located in Bismarck since 2007, and our bank has roots in North Dakota going back to 1936,” company Chairman Gary Petersen said in a news release. “Our new bank is a demonstration of our continued commitment to the Bismarck and Mandan communities, our customers, and our team members.”
Bank leaders and team members attended the groundbreaking ceremony, while practicing social distancing. Equipped with rakes, garden tools, chain saws, and even a couple of Tonka Trucks, the team showed up ready to move some dirt and celebrate the start of this new chapter in the company's history.
“It’s clear that our expertise is in banking, not excavating,” said Kristine Melby, Bismarck market president. “ However, we’re proud to reinvest in this great community. Our new bank will allow us to provide innovative customer service well into the future.”
The new banking facility, located a couple of blocks south of the north CornerStone Bank location, is expected to take between 12 to 14 months to complete, the company said, with the facility ready for customers by late 2021.