Cornerstone Bank (NJ)


Overview / Commentary
856-638-0300
6000 Midlantic Drive Suite 120 South
Mount Laurel, NJ 08054

Cornerstone Bank (NJ) is headquartered in Moorestown and is the 47th largest bank in the state of New Jersey. It is also the 2,460th largest bank in the nation. It was established in 1999 and as of June of 2022, it had grown to 68 employees at 6 locations. Cornerstone Bank (NJ) has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #35286
Year Established1999
Employees68
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-0.3%
Return on Equity - YTD-3.24%
Annual Interest Income$4.2MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$302.6MM$287.4MM
LoansQ2 2022vs Q2 2021$206.7MM$182.6MM
DepositsQ2 2022vs Q2 2021$270.9MM$259.7MM
Equity CapitalQ2 2022vs Q2 2021$28.3MM$22.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.5MM$1.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$950.00K$616.00K
Real Estate OwnedQ2 2022vs Q2 2021$0$2.8MM
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) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$25k*-High Yield Savings
OTHER TIERS: 0.10% Up to $25k
0.50%*$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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%*$250k*-Consumer Money Market
OTHER TIERS: 0.05% Up to $250k
0.05%--Business Indexed Money Market

Cornerstone Bank (NJ) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$500-60 Month CD
0.35%$500-Business 60 Month CD
0.30%$500-36 to 48 Month CD
0.30%$500-Business 36 to 48 Month CD
0.20%$500-30 to 35 Month CD
0.20%$500-25 to 29 Month CD
0.20%$500-Business 25 to 29 Month CD
0.20%$500-Business 30 to 35 Month CD
0.15%$500-12 - 17 Month CD
0.15%$500-18 to 24 Month CD
0.15%$500-Business 12 - 17 Month CD
0.15%$500-Business 18 to 24 Month CD
0.05%$500-7 Day to 5 Month CD
0.05%$500-6 to 11 Month CD
0.05%$500-Business 7 Day to 5 Month CD
0.05%$500-Business 6 to 11 Month CD

Cornerstone Bank (NJ) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%$500-60 Month IRA
0.30%$500-36 to 48 Month IRA
0.20%$500-30 to 35 Month IRA
0.20%$500-25 to 29 Month IRA
0.15%$500-12 - 17 Month IRA
0.15%$500-18 to 24 Month IRA
0.05%$500-7 Day to 5 Month IRA
0.05%$500-6 to 11 Month IRA
Locations


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 StMoorestown, NJ 08057
Corporate office6000 Midlantic Dr Suite 120 SMount Laurel, NJ 08054

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