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Sponsored by: Cornerstone Bank
May 6, 2025 Business Profiles 2025

Cornerstone Bank: Built on Trust

Photos / Courtesy Cornerstone Bank
Todd Tallman, CEO

Cornerstone Bank was founded on the strong legacies of two local mutual banks—SpencerBANK and Southbridge Savings Bank—each with a proud history of serving Central Massachusetts. Since 1871 and 1848, respectively, these institutions have supported individuals, businesses, and communities. By joining forces, we’ve expanded our reach and impact.

Headquartered in Worcester, Massachusetts, Cornerstone Bank operates 12 branch offices, offering the personal service only a community bank can provide. We are committed to delivering high-quality customer care and convenient banking solutions for individuals, businesses, and organizations throughout Central Massachusetts. Our broad range of financial products and services, including deposit and loan options, is designed to help customers achieve their financial goals.

At Cornerstone Bank, we embrace a community-focused banking model with the agility to provide fast, flexible service. We believe in fostering strong relationships—not just with customers, but also with our employees. We invest in our team through education and career advancement opportunities, ensuring a knowledgeable and dedicated staff. Whether you’re a customer, a business partner, or a team member, we strive to build lasting relationships. Our goal is to be the Cornerstone for your success.

Our promise—Built on Trust—is more than a tagline; it’s the foundation of everything we do. We recognize that strong relationships are built on trust, and we are dedicated to earning and maintaining that trust with every interaction.

Our Vision and Core Values

Cornerstone Bank aims to be the preferred financial services provider in our communities by fostering strong relationships with customers and employees. Through a combination of experience, technology, and financial strength, we provide solutions that help our customers and communities thrive. Our goal is to build lasting customer loyalty and employee satisfaction.

We are guided by our core values:

  • Teamwork – Collaborating to achieve success together.
  • Relationships – Building connections that last.
  • User-Friendly – Making banking easy and accessible.
  • Solutions-Based – Providing smart, effective financial options.
  • Transparency – Operating with honesty and integrity.

At Cornerstone Bank, we are more than just a financial institution—we are a trusted partner dedicated to helping you succeed.

Street Address: 230 Park Avenue, Worcester, MA 01609

Phone Number: 800-939-9103

Website: www.cornerstonebank.com

Product or Service Description: Financial Banking Services

Number of Employees: 184

Head of Company and Title: Todd Tallman, CEO

Year Founded: 2017