Cornerstone Bank (NJ)

Overview / Commentary
6000 Midlantic Drive Suite 120 South
Mount Laurel, NJ 08054

Cornerstone Bank (NJ) is headquartered in Moorestown and is the 50th largest bank in the state of New Jersey. It is also the 2,500th largest bank in the nation. It was established in 1999 and as of September of 2020, it had grown to 62 employees at 6 locations. Cornerstone Bank (NJ) has a B health rating.


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Health Grade Components

FDIC Certificate #35286
Year Established1999
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.1%
Return on Equity - YTD1.18%
Annual Interest Income$6.5MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$276.3MM$258.8MM
LoansQ3 2020vs Q3 2019$198.1MM$173.8MM
DepositsQ3 2020vs Q3 2019$248.1MM$236.8MM
Equity CapitalQ3 2020vs Q3 2019$22.7MM$16.8MM
Loan Loss AllowanceQ3 2020vs Q3 2019$1.4MM$1.4MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$666.00K$727.00K
Real Estate OwnedQ3 2020vs Q3 2019$3.2MM$2.3MM
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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) Savings Account Rates

0.35%*$25k*-High Yield Savings
OTHER TIERS: 0.10% Up to $25k
0.35%*$25k*-Business High Yield Savings
OTHER TIERS: 0.10% Up to $25k
0.25%--Kids Savings
0.05%--Statement Savings Account
0.05%--Business Statement Savings

Cornerstone Bank (NJ) Money Market Rates

0.20%*$5k*-Consumer Money Market
OTHER TIERS: 0.10% Up to $5k
0.10%--Business Indexed Money Market

Cornerstone Bank (NJ) Checking Account Rates

0.15%--IOLTA Checking
0.10%--Non Profit Interest Checking
0.05%$1-Business Interest Checking Account
0.05%$1-Supreme Checking Account
0.05%$1-Escrow Checking

Cornerstone Bank (NJ) CD Rates

0.45%$500-60 Month CD
0.40%$500-36 to 48 Month CD
0.30%$500-14 Month CD Special
0.20%$500-12 Month CD
0.20%$500-18 to 24 Month CD
0.20%$500-30 to 35 Month CD
0.20%$500-25 to 29 Month CD
0.20%$500-13 Month CD
0.20%$500-15 to 17 Month CD
0.15%$500-6 to 11 Month CD
0.05%$500-7 Day to 5 Month CD

Cornerstone Bank (NJ) IRA Rates

0.45%$500-60 Month IRA
0.40%$500-36 to 48 Month IRA
0.30%$500-14 Month IRA Special
0.20%$500-12 Month IRA
0.20%$500-18 to 24 Month IRA
0.20%$500-30 to 35 Month IRA
0.20%$500-25 to 29 Month IRA
0.20%$500-13 Month IRA
0.20%$500-15 to 17 Month IRA
0.15%$500-6 to 11 Month IRA
0.05%$500-7 Day to 5 Month IRA

Cornerstone Bank (NJ) Locations
Burlington City Branch115 East Broad StreetBurlington City, NJ 08016
West Deptford Branch1201 North Broad StreetWest Deptford, NJ 08096
Voorhees Branch133 Route 73Voorhees, NJ 08043
Cherry Hill Branch1405 Route 70Cherry Hill, NJ 08034
Medford Branch170 Himmelein RoadMedford, NJ 08055
Cornerstone Bank253 W. Main StreetMoorestown, NJ 08057
Corporate office6000 Midlantic Dr Suite 120 SMount Laurel, NJ 08054

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