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Cornerstone Home Lending Merges with Roscoe State Bank

Cornerstone Home Lending, one of the biggest U.S. mortgage companies, announced the completion of its merger with the Roscoe State Bank of Roscoe, Texas.

Cornerstone Home Lending LogoCornerstone’s previously announced acquisition of Roscoe State Bank results in the formation of Cornerstone Capital Bank, which oversees more than $1.5 billion in assets.

Cornerstone also tapped Scott Almy, previously chief operating officer at LegacyTexasBank, as CEO of Cornerstone Capital Bank.

Read the full announcement. 

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