Bank of Eureka Springs Becoming Cornerstone
by November 3, 2008 12:00 am 56 views
The Bank of Eureka Springs will adopt its new name, Cornerstone Bank, as of Nov. 3.
The bank announced in May its plan to adopt a name more suitable for its planned expansion into areas outside Eureka Springs.
The bank reported about $84.6 million in deposits and $113.4 million in assets as of June 30, 2008.
The Bank of Eureka Springs also operates locations in Holiday Island and is building an 11,000-SF facility in Berryville. The new location will include meeting and rental space.
“The added convenience for [customers] and the prospects for additional growth within our company are very encouraging,” Charles T. Cross, president and chief executive officer of the bank, said in a news release.