Cornerstone Home Lending Completes Acquisition Of The Roscoe State Bank
10/03/22, 11:09 AM
Industry
banking
lending
finance
financial services
banking
lending
finance
financial services
Cornerstone Home Lending, one of the nation's premier independent residential mortgage companies, today announced the completion of its previously announced acquisition of and merger with The Roscoe State Bank of Roscoe, Texas.
Company Info
Company info
Created by Cornerstone Home Lending's acquisition of and merger with The Roscoe State Bank, Houston-based Cornerstone Capital Bank has a combined operating history dating back to 1906, and includes mortgage banking, commercial banking, and institutional banking divisions. Its nationally recognized mortgage origination team, operating as Cornerstone Home Lending, has assisted families with nearly 500,000 home financing transactions. Cornerstone Capital Bank's residential lending division currently originates mortgage loans in 38 states plus the District of Columbia, and provides full-service, in-house mortgage loan servicing operations which combine a superior record of customer care and industry-leading technologies. The institutional banking division offers deposit and lending services to community banks across the country. Established in 1988, Cornerstone Home Lending has grown to more than 1,800 team members across the country who are guided by a non-negotiable Mission, Vision, and Convictions statement. Cornerstone Home Lending is known for its commitment to on-time delivery of services; its caring, passionate, and experienced team members; a comprehensive array of innovative products and services; certified Fortune Great Place to Work® status with multiple Best WorkplacesTM awards; and recognition as a "Top Workplace" in multiple major markets. The Roscoe State Bank is the oldest bank in Nolan County, Texas, first opening its doors for business on December 6, 1906, and has branch locations in Bastrop, Roscoe, and Sweetwater, Texas. Cornerstone Capital Bank is primarily regulated by the Federal Deposit Insurance Corporation, and the Texas Department of Savings and Mortgage Lending. For more information, please visit www.cornerstonecapital.com, www.houseloan.com, and www.rsb.bank.