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 52nd largest bank in the state of New Jersey. It is also the 2,584th largest bank in the nation. It was established in 1999 and as of March of 2021, it had grown to 59 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 - YTD0.13%
Return on Equity - YTD1.53%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$278.1MM$256.4MM
LoansQ1 2021vs Q1 2020$189.7MM$186.5MM
DepositsQ1 2021vs Q1 2020$250.5MM$228.8MM
Equity CapitalQ1 2021vs Q1 2020$22.5MM$22.3MM
Loan Loss AllowanceQ1 2021vs Q1 2020$1.4MM$1.4MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$632.00K$727.00K
Real Estate OwnedQ1 2021vs Q1 2020$2.9MM$3.2MM
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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

0.25%--Kids Savings
0.20%*$25k*-High Yield Savings
OTHER TIERS: 0.10% Up to $25k
0.20%*$25k*-Business High Yield Savings
OTHER TIERS: 0.10% Up to $25k
0.05%--Statement Savings Account
0.05%--Business Statement Savings

Cornerstone Bank (NJ) Money Market Rates

0.20%*$250k*-Consumer Money Market
OTHER TIERS: 0.10% Up to $250k
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

0.35%$500-60 Month CD
0.30%$500-36 to 48 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
0.15%$500-12 Month CD
0.15%$500-14 Month CD Special
0.15%$500-13 Month CD
0.15%$500-15 to 17 Month CD
0.05%$500-7 Day to 5 Month CD
0.05%$500-6 to 11 Month CD

Cornerstone Bank (NJ) IRA Rates

0.35%$500-60 Month IRA
0.30%$500-36 to 48 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
0.15%$500-12 Month IRA
0.15%$500-14 Month IRA Special
0.15%$500-13 Month IRA
0.15%$500-15 to 17 Month IRA
0.05%$500-7 Day to 5 Month IRA
0.05%$500-6 to 11 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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