Featured Savings Rates
Featured Accounts

Cornerstone Bank (IA)

Popular Accounts at this Bank

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

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

Cornerstone Bank (IA) is headquartered in Clarinda and is the 275th largest bank in the state of Iowa. It is also the 5,546th largest bank in the nation. It was established in 1897 and as of December 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 - YTD0.25%
Return on Equity - YTD1.8%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ4 2016vs Q4 2015$39.4MM$38.7MM
LoansQ4 2016vs Q4 2015$21.9MM$21.5MM
DepositsQ4 2016vs Q4 2015$33.2MM$32.7MM
Equity CapitalQ4 2016vs Q4 2015$5.5MM$5.4MM
Loan Loss AllowanceQ4 2016vs Q4 2015$104.00K$123.00K
Unbacked Noncurrent LoansQ4 2016vs Q4 2015$368.00K$333.00K
Real Estate OwnedQ4 2016vs Q4 2015$0$9.00K
Rates
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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 Months CD
1.30%$1k-48 Months CD
0.70%$1k-30 Months CD
0.65%$1k-21 Months CD
0.55%$1k-24 Months CD
0.50%$1k-7 Months CD
0.50%$1k-9 Months CD
0.50%$1k-15 Months CD
0.45%$1k-18 Months CD
0.40%$1k-12 Months CD
0.35%$1k-6 Months CD
0.20%$1k-3 Months CD
Locations


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