First York completes acquisition

First York Ban Corp., York, Neb., has completed its acquisition of North Loup Valley Bank, North Loup, Neb..The one-branch North Loup had assets of $21 million..Daniel Piskorski will serve as Assistant Vice President and Manager of the North Loup Facility. .With this addition, the $1.4 billion Cornerstone now has 35 branches in 26 states.."I have devoted many years to this Bank and the community of North Loup, but it is time for me to retire. I believe that the Holthus Family will continue the community focused banking in North Loup that has been my primary goal," said Emil Hrebec, North Loup president.."Cornerstone Bank has long been committed to the agricultural sector of the economy and also in serving many smaller communities in Central Nebraska. The management of the Bank feels this move will be a further enhancement to expand our banking footprint," said Kelly Holthus, First York president and CEO.