Cornerstone Bank was formed in 2017 on the foundation of SpencerBANK and Southbridge Savings Bank, with local roots dating back to 1871 and 1848. Born of a long history of supporting the community, Cornerstone Bank was built to provide a strong foundation for people and businesses to thrive. Serving Worcester County and communities across Central Massachusetts, Cornerstone combines local presence with a community banking model that delivers personal service, practical guidance, and trusted expertise.
That spirit of guidance is central to Cornerstone’s story. We believe banking should feel clear, approachable, informative, and grounded in relationships. Rather than offering one-size-fits-all solutions, we listen first, ask the right questions, and help customers make informed decisions with confidence. Whether working with a business owner, a municipality, a nonprofit, or a family planning for the future, we approach every relationship as a long-term partnership built on understanding and trust.
Across the region, Cornerstone provides a broad range of deposit and loan products and services for individuals, businesses, and community organizations. Its professional services include personal and business banking, commercial lending, cash management solutions, municipal banking services, and digital tools that make everyday banking easier. For business customers, we offer more than accounts and transactions. Our experienced professionals help with commercial checking, business financing, fraud-protection tools such as Positive Pay, remote deposit capture, and specialized services such as ZEscrow for escrow management.
Cornerstone’s role is to simplify financial decisions and help customers move forward with clarity. Our team works to connect customers with opportunities, offering tailored solutions, responsive support, and the kind of local expertise that helps businesses grow and communities stay strong. That same commitment extends beyond banking through charitable giving, volunteerism, scholarships, and financial literacy efforts that invest in our community’s future.
Cornerstone’s story also continues to grow. On January 1, 2026, Athol Savings Bank became part of Cornerstone Bank and now operates as Athol Savings Bank, A Division of Cornerstone Bank. Beginning on May 18, customers will have access to a combined network of 17 branch locations, the most in the region, expanding Cornerstone’s ability to serve customers across Worcester County and the North Quabbin region.
Even as we grow, Cornerstone Bank remains focused on the same mission: helping customers, businesses, and our community build a stronger financial future through trusted relationships, straightforward guidance, and local service with heart.
