Cornerstone Bank
Headquartered in Spencer, MA. Part of Peoplesbancorp, Mhc. FDIC certificate #90282 · Federal Reserve RSSD 447100.
Total assets
$2.4B
Deposits
$1.9B
Q1 2026
Active branches
17
Closings since Jan 2020
3
2 openings since Jan 2020
Financial snapshot — Q1 2026
All quarters →Net income (quarter)
$4M
Return on assets
0.77%
Return on equity
8.34%
Noncurrent loan rate
0.36%
Deposits by year (Summary of Deposits)
12019
12020
12021
12022
12023
12024
12025
Values in $ billions, June 30 of each year.
Closings by year
12020
22022
Openings by year
12024
12025
Other network changes since 2020
- 5 branches acquired through purchases or mergers
Branches by state
Recent closings
- 968 MAIN ST. · closed July 15, 2022
- FAIR SHOPPING CENTER, ROUTE 9 · closed May 13, 2022
- 495 EAST MAIN STREET · closed October 30, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.cornerstonebank.com.