Cornerstone Bank (IA)

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LOCATIONS

Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.40%	1-year CD	12 Month CD 1.05% - Ally Bank High Yield 12-Month CD
0.10%	Savings	Passbook Savings 1.00% - Ally Bank Online Savings Account
1.30%	4-year CD	48 Month CD 1.40% - Ally Bank Raise Your Rate 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 279^th largest bank in the state of Iowa. It is also the 5,673^rd largest bank in the nation. It was established in 1897 and as of June 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

Data as of Q2 2016

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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	6
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	0.31%
Return on Equity - YTD	2.23%
Annual Interest Income	$692.00K

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$39.0MM$38.9MM
Loans	Q2 2016vs Q2 2015	$23.0MM$19.8MM
Deposits	Q2 2016vs Q2 2015	$32.7MM$33.0MM
Equity Capital	Q2 2016vs Q2 2015	$5.5MM$5.4MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$118.00K$96.00K
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$356.00K$227.00K
Real Estate Owned	Q2 2016vs Q2 2015	$5.00K$9.00K

Rates

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Money Market
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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
0.10%	-	-	Passbook Savings

Cornerstone Bank (IA) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW 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

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

Cornerstone Bank (IA) CD Rates

APY	MIN	MAX	ACCOUNT NAME
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 Association	123 East Main Street	Clarinda, IA 51632