Cornerstone Bank (IA)

Overview / Commentary
123 East Main Street
Clarinda, IA 51632

Cornerstone Bank (IA) is headquartered in CLARINDA and is the 222nd largest bank in the state of Iowa. It is also the 4,329th largest bank in the nation. It was established in 1897 and as of March of 2024, it had grown to 7 employees at 1 location. Cornerstone Bank (IA)'s money market rates are 5X the national average, and it has a B health rating.


No reviews have been left for this bank yet. Be the first to review.

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 relatively low asset base.

Health Grade Components

FDIC Certificate #30067
Year Established1897
Primary RegulatorFED
Profit Margin
Return on Assets - YTD-0.26%
Return on Equity - YTD-2.23%
Annual Interest Income$582K
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$51.3MM$50MM
LoansQ1 2024vs Q1 2023$28.8MM$27.2MM
DepositsQ1 2024vs Q1 2023$40.7MM$42.4MM
Equity CapitalQ1 2024vs Q1 2023$5.9MM$5.7MM
Loan Loss AllowanceQ1 2024vs Q1 2023$223K$293K
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$261K$702K
Real Estate OwnedQ1 2024vs Q1 2023$189K$0
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Cornerstone Bank (IA); we are a rate comparison website and cannot provide official rates or promotions.

* 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


Cornerstone Bank (IA) Money Market Rates

2.00%*$150k*-Money Market Deposit Account (MMDA)
OTHER TIERS: 0.05% $0 - $1k | 0.50% $1k - $10k | 0.60% $10k - $25k | 0.75% $25k - $50k | 1.15% $50k - $100k | 1.75% $100k - $150k

Cornerstone Bank (IA) Checking Account Rates

0.15%$500-Interest Checking

Cornerstone Bank (IA) CD Rates

5.01%$1k-9 Month CD
4.76%$1k-7 Month CD
3.80%$1k-12 Month CD
3.29%$1k-15 Month CD
2.78%$1k-18 Month CD
2.52%$1k-6 Month CD
2.52%$1k-36 Month CD
2.52%$1k-48 Month CD
2.47%$1k-24 Month CD
2.47%$1k-30 Month CD
2.29%$1k-21 Month CD
1.20%$1k-3 Month CD

Cornerstone Bank (IA) Locations
Page County Federal Savings Association123 E Main StClarinda, IA 51632

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.