Cornerstone Bank (IA)

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 249^th largest bank in the state of Iowa. It is also the 4,814^th largest bank in the nation. It was established in 1897 and as of June of 2020, it had grown to 7 employees at 1 location. Cornerstone Bank (IA) has a B health rating.

Reviews

Write a Review

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

Health

Data as of Q2 2020

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	0.21%
Return on Equity - YTD	1.58%
Annual Interest Income	$793.00K

Assets and Liabilities
Assets	Q2 2020vs Q2 2019	$41.3MM$40.7MM
Loans	Q2 2020vs Q2 2019	$24.9MM$24.6MM
Deposits	Q2 2020vs Q2 2019	$34.9MM$34.4MM
Equity Capital	Q2 2020vs Q2 2019	$5.6MM$5.6MM
Loan Loss Allowance	Q2 2020vs Q2 2019	$197.00K$201.00K
Unbacked Noncurrent Loans	Q2 2020vs Q2 2019	$592.00K$320.00K
Real Estate Owned	Q2 2020vs Q2 2019	$71.00K$18.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD

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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.03%	-	-	Passbook Savings

Cornerstone Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.40%^*	$150k^*	-	Money Market Deposit Account (MMDA)
OTHER TIERS: 0.03% → Up to $1k \| 0.05% → $1k - $10k \| 0.10% → $10k - $25k \| 0.20% → $25k - $50k \| 0.30% → $50k - $150k

Cornerstone Bank (IA) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.03%	$500	-	Interest Checking

Cornerstone Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.70%	$1k	-	48 Month CD
0.65%	$1k	-	36 Month CD
0.60%	$1k	-	30 Month CD
0.55%	$1k	-	24 Month CD
0.50%	$1k	-	18 Month CD
0.50%	$1k	-	21 Month CD
0.45%	$1k	-	15 Month CD
0.40%	$1k	-	12 Month CD
0.30%	$1k	-	9 Month CD
0.25%	$1k	-	6 Month CD
0.25%	$1k	-	7 Month CD
0.15%	$1k	-	3 Month CD

Locations

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