Cornerstone Capital Bank Completes Acquisition Of Peoples Bank To Form $3.4 Billion Growth Platform
By Amit Chowdhry ● Today at 3:42 PM
Cornerstone Capital Bancorp, Inc., the holding company for Cornerstone Capital Bank, announced the successful completion of its acquisition of Peoples Bancorp, Inc., the holding company for Peoples Bank of Lubbock, Texas. The transaction creates a combined organization with more than $3.4 billion in assets, expanding the company’s footprint across Texas and enhancing its ability to serve communities, businesses, and homeowners nationwide.