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Cornerstone Bank to acquire Custer Federal State Bank

PRIVATENov 02, 2026

Acquiring Company

Cornerstone Bank

Acquired Company

Custer Federal State Bank

NebraskaNebraskaAgriculture and FarmingFinancial ServicesLendingBankingFinancial ServicesLendingBanking

Description

Cornerstone Bank will acquire Custer Federal State Bank as part of a strategic move following CEO Brad Shinn's retirement announcement. This acquisition will enhance Cornerstone's presence in the Broken Bow and Kearney regions and aims to maintain customer service continuity during the transition.

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Company Information

Company

Cornerstone Bank

Location

Nebraska, United States

About

Cornerstone Bank is a community-focused banking institution that offers a wide range of banking services and is committed to serving small communities. It operates numerous banking locations throughout Nebraska and has a strong focus on agriculture and commercial banking.

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Frequently asked

Who acquired Custer Federal State Bank?

Custer Federal State Bank was acquired by Cornerstone Bank, based in Nebraska. The deal was reported on November 2, 2026. Cornerstone Bank is a community-focused banking institution that offers a wide range of banking services and is committed to serving small communities. Cornerstone Bank is privately held and operates in Agriculture and Farming.

When did Cornerstone Bank acquire Custer Federal State Bank?

Cornerstone Bank's acquisition of Custer Federal State Bank was reported on November 2, 2026. Cornerstone Bank will acquire Custer Federal State Bank as part of a strategic move following CEO Brad Shinn's retirement announcement. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Custer Federal State Bank do?

Custer Federal State Bank has been serving its community since 1925, providing essential banking services with a focus on customer relationships and community trust. It is privately held, operating in Financial Services, and is based in Nebraska.

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