Cornerstone State Bank

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LOCATIONS

60 Month CD - Semi-Annually

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Popular Accounts at this Bank

APY	ACCOUNT TYPE	ACCOUNT NAME
0.90%	5-year CD	60 Month CD - Semi-Annually 1.85% - Synchrony Bank 60 Month CD
0.50%	1-year CD	12 - 23 Month CD - Semi-Annually 1.05% - Ally Bank High Yield 12-Month CD
0.15%	Savings	CornerStone Public Funds Savings 1.00% - Ally Bank Online Savings Account

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Overview / Commentary

cornerstonestatebank.com

507-364-2265

401 Fourth St Nw
Montgomery, MN 56069

Cornerstone State Bank is headquartered in Montgomery and is the 104^th largest bank in the state of Minnesota. It is also the 3,369^th largest bank in the nation. It was established in 1974 and as of June of 2016, it had grown to 42 employees at 7 locations. Cornerstone State Bank has an A health rating.

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Health

A

Data as of Q2 2016

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Health Grade Components

Overall
FDIC Certificate #	21525
Year Established	1974
Employees	42
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.94%
Return on Equity - YTD	8.96%
Annual Interest Income	$3.0MM

Assets and Liabilities
Assets	Q2 2016vs Q2 2015	$166.2MM$138.4MM
Loans	Q2 2016vs Q2 2015	$100.3MM$85.0MM
Deposits	Q2 2016vs Q2 2015	$147.0MM$122.9MM
Equity Capital	Q2 2016vs Q2 2015	$18.0MM$14.1MM
Loan Loss Allowance	Q2 2016vs Q2 2015	$1.7MM$1.5MM
Unbacked Noncurrent Loans	Q2 2016vs Q2 2015	$816.00K$697.00K
Real Estate Owned	Q2 2016vs Q2 2015	$929.00K$1.0MM

Rates

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Money Market
Checking
CD
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Cornerstone State Bank Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	-	-	CornerStone Non-Profit-Int
0.25%	-	$25k	CornerStone Christmas Club Savings
0.20%	-	-	CornerStone Gold/VIP Savings
0.20%	-	-	CornerStone HSA/IRA Savings
0.20%^*	$150k^*	-	CornerStone Public Funds Business
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.15%	-	-	CornerStone Personal Savings
0.15%	-	-	CornerStone Minor Savings
0.15%	-	-	CornerStone Public Funds Savings

Cornerstone State Bank Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
0.35%^*	$75k^*	-	CornerStone Personal Money Market
OTHER TIERS: 0.20% → Up to $25k \| 0.30% → $25k - $75k
0.35%^*	$75k^*	-	CornerStone Gold/VIP Money Market
OTHER TIERS: 0.20% → Up to $25k \| 0.30% → $25k - $75k
0.35%^*	$75k^*	-	CornerStone Business Money Market
OTHER TIERS: 0.20% → Up to $25k \| 0.30% → $25k - $75k
0.35%^*	$75k^*	-	CornerStone Public Money Market
OTHER TIERS: 0.20% → Up to $25k \| 0.30% → $25k - $75k

Cornerstone State Bank Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$150k^*	-	CornerStone Gems Checking Account
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.20%^*	$150k^*	-	Club Checking Account
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.20%^*	$150k^*	-	CornerStone Gold VIP Checking
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.20%^*	$150k^*	-	CornerStone Builder Checking-Int
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.20%^*	$150k^*	-	CornerStone Mascot Checking-Int
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.20%^*	$150k^*	-	CornerStone Regular Business Checking
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.20%^*	$150k^*	-	NOW Checking
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k
0.20%^*	$150k^*	-	P.F. Now Checking
OTHER TIERS: 0.10% → Up to $75k \| 0.15% → $75k - $150k

Cornerstone State Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.90%^*	$75k^*	-	60 Month CD - Semi-Annually
OTHER TIERS: 0.80% → Up to $25k \| 0.85% → $25k - $75k
0.75%^*	$25k^*	-	36 - 48 Month CD - Semi-Annually
OTHER TIERS: 0.70% → Up to $25k
0.70%^*	$25k^*	-	24 - 35 Month CD - Semi-Annually
OTHER TIERS: 0.65% → Up to $25k
0.50%^*	$25k^*	-	12 - 23 Month CD - Semi-Annually
OTHER TIERS: 0.45% → Up to $25k
0.35%^*	$25k^*	-	6 Month CD - Semi Annually
OTHER TIERS: 0.30% → Up to $25k
0.25%^*	$25k^*	-	3 Month CD - Quarterly
OTHER TIERS: 0.20% → Up to $25k

Cornerstone State Bank IRA Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.75%^*	$25k^*	-	36-48 Month IRA CD - Semi-Annually
OTHER TIERS: 0.70% → Up to $25k

Locations

Cornerstone State Bank Locations
1516 Cloquet Avenue Branch	1516 Cloquet Avenue	Cloquet, MN 55720
Cornerstone State Bank	401 Fourth St NW	Montgomery, MN 56069
Belle Plaine Branch	406 Poplar Street	Belle Plaine, MN 56011
Le Sueur Branch	415 North Main St	Le Sueur, MN 56058
Green Isle Branch	451 Third Street	Green Isle, MN 55338
Eagle Lake Branch	401 Parkway	Eagle Lake, MN 56024
Madison Lake Branch	500 Main Street	Madison Lake, MN 56063