A Small-Town Bank That Serves Small-Town Banks

19:42
 
Share
 

Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on May 17, 2019 12:20 (2d ago)

What now? This series will be checked again in the next day. If you believe it should be working, please verify the publisher's feed link below is valid and includes actual episode links. You can contact support to request the feed be immediately fetched.

Manage episode 231049750 series 1767659
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.

Kristie Holoch’s bank is not just in the business of serving farmers, families and small businesses in the 33 Nebraska towns where it has branches — it also serves its fellow Nebraska community banks. With $1.7 billion in assets, Cornerstone Bank offers a correspondent banking division, a data center to handle core processing for two dozen smaller banks, loan participations that enhance the balance sheet of small community banks — and even an armored car service.

On the latest episode of the ABA Banking Journal Podcast, Holoch discusses how Cornerstone Bank also partners with community banks through its acquisition strategy, providing investors and management at small-town Nebraska banks with an exit opportunity that keeps the bank in the hands of a Nebraska bank focused on small towns. She also discusses Cornerstone’s commitment to keep every employee after an acquisition and how the family-owned bank plans to adapt its acquisition strategy as it continues to grow.

Holoch also talks about the Nebraska Bankers Association’s response to the disastrous flooding, as well as the bank’s diversified business model, which complements traditional bank offerings with insurance, trust services and farm management.

99 episodes available. A new episode about every 5 days averaging 19 mins duration .