Summary

CornerStone State Bank

Founded in 1974

Description

Cornerstone State Bank is a locally owned bank that offers deposit and lending services to communities across the state of Minnesota. With seven branches in Le Sueur, Cloquet, Belle Plaine, Montgomery, Green Isle, Madison Lake, and Eagle Lake, Cornerst...

Strengths

  • CornerStone State Bank has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Demonstrating revenue growth that is faster than the industry average
  • The number of employees is growing faster than the industry average
  • Revenue growth is more steady than the industry average
  • Since CornerStone State Bank was founded, the company has grown faster than the industry average
  • Web traffic rankings are better than the industry average
  • Employees are staying with the company and less likely to churn compared to the rest of the industry

Annual Revenue

CornerStone State Bank's annual revenue

$6600000

Based on Kona Equity data

  • Revenue per employee

    $347368

  • Variance of revenue growth

    0.13

  • Annual revenue growth since founding

    $150270

  • Revenue growth rate from first known quarter to current

    -62.8%

Employee Count

19 employees

  • Employee growth rate from first known quarter to current

    -66.0%

  • Current employees on Linkedin

    22

  • Churned employees

    6

  • Churn rate percentage

    27.27%

Executives

Leona Carlson

Vice President

l**@cornerstonestatebank.com

Taylor Stockwell

Vice President

t**@cornerstonestatebank.com

Sherry Kramer

Vice President

s**@cornerstonestatebank.com

Denise Meyer

RE Loan Processor

d**@cornerstonestatebank.com

Connie White-Tupy

President

c**@cornerstonestatebank.com

Connor Wigand

Loan Officer

c**@cornerstonestatebank.com

Diane Radil

Vice President

d**@cornerstonestatebank.com

Megan Voss

Bookkeeper Customer Service Representative

m**@cornerstonestatebank.com

Robert Deusen

Branch President

r**@cornerstonestatebank.com

Chad Olness

President

c**@cornerstonestatebank.com

Matt Fogarty

Vice President Cloquet

m**@cornerstonestatebank.com

Billy Exline

Vice President

b**@cornerstonestatebank.com

Blake Olness

Banking Intern

b**@cornerstonestatebank.com

Jim Vandeusen

President

j**@cornerstonestatebank.com

Hailey Huffield

IT Specialist

h**@cornerstonestatebank.com

Kristina Chambers

Cashier - Compliance Officer Auditor

k**@cornerstonestatebank.com

Leah Schrupp

Customer Service Representative

l**@cornerstonestatebank.com

G Score - 8

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
  • G4 Employee growth rate from the first known quarter to current is higher than the industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.
  • G7 Website traffic rankings are better than the industry average
  • G8 LinkedIn Churn is lower than the industry average.

Web Analysis

  • Rank

    2.98 M

  • Page views per visitor

    2.0

  • Daily time

    1:54

Location

406 E Commerce Dr. 
Belle Plaine, MN  56011

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Key Information

  • Name: CornerStone State Bank
  • Category: Banking
  • Industry: Bank
  • NAICS: 522; 5221
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with CornerStone State Bank.

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Frequently Asked Questions

Where is CornerStone State Bank located?

CornerStone State Bank's headquarters are located at 406 E Commerce Dr.  Belle Plaine, MN  56011.


What is CornerStone State Bank's official website?

CornerStone State Bank's official website is cornerstonestatebank.com


What is CornerStone State Bank's revenue?

CornerStone State Bank's annual revenue is $6.6 M.


What is CornerStone State Bank's NAICS code?

CornerStone State Bank's NAICS: 522; 5221.


How many employees does CornerStone State Bank's have?

CornerStone State Bank has 19 employees


What industry does CornerStone State Bank belong to?

CornerStone State Bank is in the industry of Banking.

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