HOUSTON, October 2023 – Cornerstone Capital Bank celebrates the one-year anniversary of its formation, and the historic combination between Cornerstone Home Lending and Roscoe Bank. The merger, which took place in October 2022, teamed organizations with nearly 150 years of collective operating success to create the highest initially capitalized bank in Texas history. Cornerstone Capital Bank’s tenure has been marked …
Cornerstone Statement on Industry Volatility
Dear clients and partners of Cornerstone Capital Bank, In light of recent industry events, banks face many questions about impact, if any, to operations and stability. Due to our exceptionally strong balance sheet – as to capitalization, liquidity, and quality of assets – Cornerstone welcomes those questions, including from those seeking to establish a new relationship with our bank. We …
Cornerstone Home Lending Completes Acquisition of The Roscoe Bank
Creates Highest Initially Capitalized Bank in Texas History HOUSTON, Oct. 3, 2022 /PRNewswire/ — Cornerstone Home Lending, one of the nation’s premier independent residential mortgage companies, today announced the completion of its previously announced acquisition of and merger with The Roscoe Bank of Roscoe, Texas. The merger results in the formation of Cornerstone Capital Bank (the “Company”), which will hold more than $380 million in …
Cornerstone Home Lending Receives Regulatory Approvals to Complete The Roscoe Bank Acquisition
Resulting Cornerstone Capital Bank to Hold More Than $380 Million in Capital HOUSTON, Aug. 31, 2022 /PRNewswire/ — Cornerstone Home Lending, one of the nation’s premier independent residential mortgage companies, announced that it has received all bank regulatory approvals necessary to complete its planned acquisition of and merger with The Roscoe Bank. Cornerstone Home Lending expects the transaction to close on or around October 1, …
Cornerstone Home Lending to acquire The Roscoe Bank
HOUSTON, June 14, 2021 /PRNewswire/ — Cornerstone Home Lending, one of the nation’s premier independent residential mortgage companies, announced that it has signed a definitive agreement to acquire The Roscoe Bank of Roscoe, Texas. These two family-owned companies with nearly 150 years of collective operating success will combine to create an organization holding approximately $2 billion in assets and more …