Cornerstone Bank is a bank based in Spencer, Massachusetts, established in 1871, with $2.4 billion in total assets across 17 branches. By Trust Grade it ranks 35th of 91 banks we track in Massachusetts. Its capital ratio of 9.6% trails most similarly sized banks (35th percentile), versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.77% return on assets. No consumer complaints against Cornerstone Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Cornerstone Bank compares to Massachusetts peers
How we graded Cornerstone Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (9.6% capital ratio)
- Profitable (ROA 0.77%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Cornerstone Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (17)
- 253 Main St, Southbridge, MA 01550
- 388 Main St, Athol, MA 01331
- 176 Main St, Spencer, MA 01562
- 112 Central St, Winchendon, MA 01475
- 70 W Boylston St, Worcester, MA 01606
- 86 Worcester Rd, Webster, MA 01570
- 52 Main St, Ashburnham, MA 01430
- 200 Charlton Rd, Sturbridge, MA 01566
- 2 Center Depot Rd, Charlton, MA 01507
- 93 Main St, Rutland, MA 01543
- 121 S Main St, Leicester, MA 01524
- 196 Timpany Blvd, Gardner, MA 01440
- 560 Summer St, Barre, MA 01005
- 1073 Main St, Holden, MA 01520
- 230 Park Ave, Worcester, MA 01609
- 195 Main Street, Shrewsbury, MA 01545
- 1125 Pleasant St, Worcester, MA 01602
Are deposits at Cornerstone Bank insured?
Yes. Cornerstone Bank is an FDIC-insured bank (FDIC certificate #90282). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Cornerstone Bank: frequently asked questions
Is Cornerstone Bank a good bank?
Cornerstone Bank earns a Bankzia Trust Grade of A (94/100, "Excellent"), based on a financial-strength score of 94/100 (it has no CFPB complaints on record). Strongly capitalized (9.6% capital ratio); Profitable (ROA 0.77%).
Is Cornerstone Bank FDIC-insured?
Yes. Cornerstone Bank is a FDIC-insured bank (FDIC certificate #90282). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Cornerstone Bank?
Cornerstone Bank holds $2.4 billion in total assets, ranking 35th of 91 banks we track in Massachusetts. It operates 17 branches.
Does Cornerstone Bank have CFPB complaints?
No CFPB complaints against Cornerstone Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
