(L-R) K.C. Krumwiede (Wild CRG), Derrek Wilson (DW Excavating), Scott & Jane Swenson (Cornerstone Bank Board of Directors), Vicki Monsen and Janel Lee (Cornerstone Bank Team Members), Gene Veeder (McKenzie County Economic Development), Dale Patten (Cornerstone Bank Watford City Market President), Brent Sanford (Watford City Mayor).Photo by Kathy Taylor
A ground-breaking ceremony was held on Tuesday, May 3 for the new Cornerstone Bank in Watford City. The new bank is scheduled 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."
The new location will be on Hwy 85 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.
Cornerstone Bank is currently located at 500 2nd Ave SW in Watford City. 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. With bank locations in Bismarck, Dickinson, Fargo, Makoti, New Town, Parshall, Plaza, and Watford City and additional mortgage offices in Grand Forks and Minot, Cornerstone Bank is a community bank that has been growing since 1952. Now one of North Dakota's ten largest financial institutions, Cornerstone Bank Holding Company is currently an $800 million financial institution. Cornerstone Bank provides an expansive product offering while staying true to their mission of providing access to financial experts who give straight answers and the best possible financial options. Cornerstone's offerings include business and consumer loans, deposits and cash management services, online and mobile banking along with mortgage and investment services.
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