Featured Savings Rates
Featured Accounts

Cornerstone Bank (IA)

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.40%1-year CD12 Month CD
0.10%SavingsPassbook Savings
1.30%4-year CD48 Month CD

Overview / Commentary
712-542-2103
123 East Main Street
Clarinda, IA 51632

Cornerstone Bank (IA) is headquartered in Clarinda and is the 278th largest bank in the state of Iowa. It is also the 5,614th largest bank in the nation. It was established in 1897 and as of September of 2016, it had grown to 6 employees at 1 location. Cornerstone Bank (IA)'s money market rates are 14% higher than the national average, and it has a B+ health rating.

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Health
B+
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 Established1897
Employees6
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD2.07%
Annual Interest Income$1.0MM
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$38.8MM$38.3MM
LoansQ3 2016vs Q3 2015$22.1MM$20.6MM
DepositsQ3 2016vs Q3 2015$32.7MM$32.3MM
Equity CapitalQ3 2016vs Q3 2015$5.5MM$5.4MM
Loan Loss AllowanceQ3 2016vs Q3 2015$142.00K$128.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$396.00K$296.00K
Real Estate OwnedQ3 2016vs Q3 2015$29.00K$9.00K
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Passbook Savings

Cornerstone Bank (IA) Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$50k*-Money Market Deposit Account (MMDA)
OTHER TIERS: 0.10% Up to $1k | 0.25% $1k - $10k | 0.30% $10k - $25k | 0.40% $25k - $50k

Cornerstone Bank (IA) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$500-Interest Checking

Cornerstone Bank (IA) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.55%$1k-36 Month CD
1.30%$1k-48 Month CD
0.70%$1k-30 Month CD
0.65%$1k-21 Month CD
0.55%$1k-24 Month CD
0.50%$1k-7 Month CD
0.50%$1k-9 Month CD
0.50%$1k-15 Month CD
0.45%$1k-18 Month CD
0.40%$1k-12 Month CD
0.35%$1k-6 Month CD
0.20%$1k-3 Month CD
Locations


Cornerstone Bank (IA) Locations
Page County Federal Savings Association123 East Main StreetClarinda, IA 51632