Cornerstone Bank (IA)

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
1.25%	1-year CD	12 Month CD 2.45% - Synchrony Bank 12 Month CD
0.15%	Savings	Passbook Savings 1.75% - American Express National Bank High Yield Savings Account
2.47%	4-year CD	48 Month CD 2.60% - Goldman Sachs Bank USA High-yield 4 Year CD

View all Cornerstone Bank (IA) rates »

Overview / Commentary

www.cornerstonebankia.com

712-542-2103

123 East Main Street
Clarinda, IA 51632

Cornerstone Bank (IA) is headquartered in Clarinda and is the 267^th largest bank in the state of Iowa. It is also the 5,285^th largest bank in the nation. It was established in 1897 and as of March of 2018, it had grown to 7 employees at 1 location. Cornerstone Bank (IA)'s money market rates are 4X the national average, and it has a B health rating.

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Health

B

Data as of Q1 2018

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Cornerstone Bank (IA) has a low asset base.

Health Grade Components

Overall
FDIC Certificate #	30067
Year Established	1897
Employees	7
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	-0.64%
Return on Equity - YTD	-4.47%
Annual Interest Income	$337.00K

Assets and Liabilities
Assets	Q1 2018vs Q1 2017	$38.8MM$39.2MM
Loans	Q1 2018vs Q1 2017	$22.5MM$21.7MM
Deposits	Q1 2018vs Q1 2017	$32.5MM$33.2MM
Equity Capital	Q1 2018vs Q1 2017	$5.5MM$5.5MM
Loan Loss Allowance	Q1 2018vs Q1 2017	$141.00K$113.00K
Unbacked Noncurrent Loans	Q1 2018vs Q1 2017	$227.00K$251.00K
Real Estate Owned	Q1 2018vs Q1 2017	$65.00K$9.00K

Rates

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Money Market
Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cornerstone Bank (IA) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	-	-	Passbook Savings

Cornerstone Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.75%^*	$150k^*	-	Money Market Deposit Account (MMDA)
OTHER TIERS: 0.10% → Up to $1k \| 0.55% → $1k - $25k \| 0.75% → $25k - $50k \| 0.80% → $50k - $150k

Cornerstone Bank (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$500	-	Interest Checking

Cornerstone Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.47%	$1k	-	48 Month CD
2.37%	$1k	-	30 Month CD
2.37%	$1k	-	36 Month CD
2.32%	$1k	-	24 Month CD
2.12%	$1k	-	18 Month CD
1.76%	$1k	-	21 Month CD
1.71%^*	$5k^*	-	15 Month CD
OTHER TIERS: 1.30% → $1k - $10k
1.25%	$1k	-	12 Month CD
0.80%	$1k	-	6 Month CD
0.55%	$1k	-	3 Month CD
0.50%	$1k	-	7 Month CD
0.50%	$1k	-	9 Month CD

Locations

Cornerstone Bank (IA) Locations
Page County Federal Savings Association	123 East Main Street	Clarinda, IA 51632

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