Welcome, Athol Savings Bank Customers!
As of January 1, 2026, Athol Savings Bank (“ASB”) has merged with and into Cornerstone Bank, a subsidiary of PeoplesBancorp, MHC.
ASB will continue to operate as a division of Cornerstone Bank, maintaining its name and five branch locations. This allows ASB to preserve its trusted local brand while providing customers with the full suite of digital banking services and customer-focused innovations offered by Cornerstone Bank.
Residential and Home Equity Lending for ASB Customers
Cornerstone Bank will be servicing all new residential and home equity transactions after January 1, 2026. In order to access those new transactions, ASB customers will need to access Cornerstone digital banking.
ASB customers who initiated residential and home equity lending transactions prior to January 1, 2026, should continue logging into the ASB site to access those transactions.
If you have questions, please reach out to us directly. Better yet, come talk to us at a branch location or call us at 800-939-9103.
FAQs
I am a retail lending customer with Athol Savings Bank. Do I need to switch to Cornerstone’s digital banking to access my transactions?
Cornerstone Bank will be servicing all new ASB residential and home equity transactions after January 1, 2026. In order to access those new transactions, ASB customers will access Cornerstone digital banking.
ASB customers who initiated residential and home equity lending transactions prior to January 1, 2026, should continue logging into the ASB site to access those transactions.
Will the ASB name change?
Athol Savings Bank will retain its name for the immediate future, with the addition of “A Division of Cornerstone Bank.”
What can ASB customers expect?
Customers can expect the same seamless, local service with even better technology and improved access on a robust digital platform, elevating their overall banking experience.
Our goal is to make the transition as smooth and transparent as possible for everyone. Most changes will occur behind the scenes as we combine our systems and processes.
Are there plans to close any ASB branches?
There are no plans to close any of the five ASB branches or 12 Cornerstone branches.
Do we anticipate a system conversion with the merger?
Yes. Sometime in the second quarter of 2026, we expect to convert ASB onto the Cornerstone core system. Fortunately, ASB currently runs a similar technology infrastructure as Cornerstone, so it will look similar for most staff members. However, some products and services may change.
What if I have more questions?
Please reach out! We are excited to answer all your questions relating to this merger. You may send us a message via email at marketing@cornerstonebank.com or, better yet, come talk to us at a branch location.
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