Cornerstone Bank will break ground on a new location in Watford City this spring with plans to open to customers in the summer of 2017. Watford City Market President Dale Patten says the move is necessary because of the bank's growth. Patten adds, "We have enjoyed participating in McKenzie County and Watford City's tremendous growth. We are very excited to bring new banking facilities to town that will allow us to not only continue serving customers and meeting the needs of the community, but also to continue to be a part of the area's growth."
Currently the bank is located at 500 2nd Ave SW, but the new location will be on Hwy 85 directly north of the Holiday gas station and to the east across from Heggen Equipment. Conveniences like a drive up ATM and better parking will be in addition to the same great services offered at the current location. Cornerstone is working on this project with the Architecture Firm Wild CRG.
The banks' name was changed from McKenzie County Bank to Cornerstone Bank in March 2015 through a merger between Lakeside Bank Holding Company and Cornerstone Bank Holding Company. McKenzie County Bank was started in 1982 and their rich history of community banking and community commitment continues through Cornerstone Bank. Cornerstone Bank has full service bank locations in Bismarck, Fargo, Makoti, New Town, Parshall, Plaza, and Watford City with a full service bank opening in Dickinson in March 2016 and additional mortgage offices in Grand Forks and Minot. Cornerstone Bank Holding Company currently has $800 million in assets.
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