Cornerstone State Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

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Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

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Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

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Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

cornerstonestatebank.com

507-364-2265

401 Fourth St Nw
Montgomery, MN 56069

Cornerstone State Bank is headquartered in MONTGOMERY and is the 101^st largest bank in the state of Minnesota. It is also the 2,824^th largest bank in the nation. It was established in 1974 and as of December of 2024, it had grown to 40 employees at 7 locations. Cornerstone State Bank has a B+ health rating.

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Health

B+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	21525
Year Established	1974
Employees	40
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.55%
Return on Equity - YTD	8.85%
Annual Interest Income	$9.8MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$236.9MM$228.2MM
Loans	Q4 2024vs Q4 2023	$148.3MM$132.3MM
Deposits	Q4 2024vs Q4 2023	$216.2MM$207.7MM
Equity Capital	Q4 2024vs Q4 2023	$14.4MM$14.3MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$1.5MM$1.5MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$1.3MM$174K
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for Cornerstone State Bank are currently being reviewed.

Locations

Cornerstone State Bank Locations
1516 Cloquet Avenue Branch	1516 Cloquet Avenue	Cloquet, MN 55720
Cornerstone State Bank	401 4th 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	600 Parkway Avenue	Eagle Lake, MN 56024
Madison Lake Branch	500 Main Street	Madison Lake, MN 56063

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