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Cornerstone Bank (NJ)

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CURRENT TOP RATE

16 Month CD Special

Overview / Commentary

www.cornerstonebank.net

856-638-0300

6000 Midlantic Drive Suite 120 South
Mount Laurel, NJ 08054

Cornerstone Bank (NJ) is headquartered in Moorestown and is the 58^th largest bank in the state of New Jersey. It is also the 2,465^th largest bank in the nation. It was established in 1999 and as of June of 2019, it had grown to 53 employees at 6 locations. Cornerstone Bank (NJ) has a C+ health rating.

Related Posts

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2017

5/19 - 1.45% APY 18-Month - CD Special - South Jersey

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Health

C+

Data as of Q2 2019

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	35286
Year Established	1999
Employees	53
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.11%
Return on Equity - YTD	1.68%
Annual Interest Income	$4.6MM

Assets and Liabilities
Assets	Q2 2019vs Q2 2018	$255.3MM$252.3MM
Loans	Q2 2019vs Q2 2018	$170.8MM$175.4MM
Deposits	Q2 2019vs Q2 2018	$233.3MM$233.4MM
Equity Capital	Q2 2019vs Q2 2018	$16.9MM$16.3MM
Loan Loss Allowance	Q2 2019vs Q2 2018	$1.4MM$1.4MM
Unbacked Noncurrent Loans	Q2 2019vs Q2 2018	$896.00K$1.7MM
Real Estate Owned	Q2 2019vs Q2 2018	$2.4MM$2.4MM

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 (NJ) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%^*	$5k^*	$500k	Personal Indexed Money Market
OTHER TIERS: 0.10% → Up to $5k \| 0.20% → $500k+
0.25%^*	$5k^*	$500k	Consumer Money Market
OTHER TIERS: 0.10% → Up to $5k \| 0.20% → $500k+
0.15%^*	$5k^*	-	Business Indexed Money Market
OTHER TIERS: 0.10% → Up to $5k

Cornerstone Bank (NJ) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$1	-	Business Interest Checking Account
0.05%	$1	-	Supreme Checking Account

Cornerstone Bank (NJ) CD Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.80%	$500	-	16 Month CD Special
1.60%	$500	-	36 Month CD Special
0.85%	$500	-	60 Month CD
0.75%	$500	-	48 Month CD
0.65%	$500	-	36 to 47 Month CD
0.55%	$500	-	30 to 35 Month CD
0.50%	$500	-	25 to 29 Month CD
0.45%	$500	-	18 to 24 Month CD
0.35%	$500	-	13 to 17 Month CD
0.25%	$500	-	12 Month CD
0.15%	$500	-	6 to 11 Month CD
0.05%	$500	-	7 Day to 5 Month CD

Cornerstone Bank (NJ) IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.80%	$500	-	16 Month IRA Special
1.60%	$500	-	36 Month IRA Special
0.85%	$500	-	60 Month IRA
0.75%	$500	-	48 Month IRA
0.65%	$500	-	36 to 47 Month IRA
0.55%	$500	-	30 to 35 Month IRA
0.50%	$500	-	25 to 29 Month IRA
0.45%	$500	-	18 to 24 Month IRA
0.35%	$500	-	13 to 17 Month IRA
0.25%	$500	-	12 Month IRA
0.15%	$500	-	6 to 11 Month IRA
0.05%	$500	-	7 Day to 5 Month IRA

Locations

Cornerstone Bank (NJ) Locations
Burlington City Branch	115 East Broad Street	Burlington City, NJ 08016
West Deptford Branch	1201 North Broad Street	West Deptford, NJ 08096
Voorhees Branch	133 Route 73	Voorhees, NJ 08043
Cherry Hill Branch	1405 Route 70	Cherry Hill, NJ 08034
Medford Branch	170 Himmelein Road	Medford, NJ 08055
Cornerstone Bank	253 W. Main Street	Moorestown, NJ 08057
Corporate office	6000 Midlantic Dr Suite 120 S	Mount Laurel, NJ 08054

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