- CEO
- Matthew B. Moseley
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 500 Riverside Way Red Bluff CA United States of America 96080
- IPO Date
- Sep 4, 2007
- Business
- Cornerstone Community Bancorp Cornerstone Community Bancorp (CRSB) serves as the bank holding company for Cornerstone Community Bank, which provides commercial, industrial, agricultural, and personal credit along with other community banking services primarily in Tehama and Shasta counties and surrounding areas of California. The bank offers personal banking products including checking and savings accounts such as standard and gold savings, money market, health savings, individual retirement accounts, and certificates of deposit; debit and personal credit cards; and personal loans encompassing secured and unsecured term loans, savings and CD secured loans, lines of credit, auto loans, home equity lines of credit, and residential construction loans. Business banking products comprise checking and savings accounts, money market accounts, and certificates of deposit; business debit and credit cards; business loans such as term, equipment, commercial real estate, commercial construction, and small business administration loans; business lines of credit and letters of credit; and services including online banking and bill payment, automated sweeps, positive pay, remote deposit capture, ACH origination, messenger, and merchant card services; while additional offerings feature digital banking, mobile payments, e-statements, telephone banking, notary services, ATMs, safe deposit boxes, wire transfers, night depository, Zelle money transfers, and agricultural loans. Cornerstone Community Bancorp was incorporated in 2014 and maintains headquarters in Red Bluff, California. In a major strategic development, Plumas Bancorp Plumas Bancorp announced a definitive agreement in January 2025 to acquire Cornerstone Community Bancorp in a stock-and-cash transaction valued at approximately $64.6 million, with shareholder approval secured and the deal completed as of July 1, 2025; this merger enhances service capabilities in Northern California through combined local expertise and technology, amid prior challenges including a $9.4 million charge-off of related agricultural loans in 2024 that impacted quarterly results.