Cornerstone State Bank

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

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Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 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

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

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Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 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

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 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!

Overview / Commentary

cornerstonestatebank.com

507-364-2265

401 Fourth St Nw
Montgomery, MN 56069

Cornerstone State Bank is headquartered in MONTGOMERY and is the 100^th largest bank in the state of Minnesota. It is also the 2,842^nd largest bank in the nation. It was established in 1974 and as of March of 2025, it had grown to 40 employees at 7 locations. Cornerstone State Bank has a B health rating.

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Health

Data as of Q1 2025

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Health Grade Components

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

Profit Margin
Return on Assets - YTD	0.61%
Return on Equity - YTD	9.74%
Annual Interest Income	$2.6MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$233.5MM$227.3MM
Loans	Q1 2025vs Q1 2024	$148.9MM$136.9MM
Deposits	Q1 2025vs Q1 2024	$213.5MM$207.7MM
Equity Capital	Q1 2025vs Q1 2024	$15.1MM$13.3MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.6MM$1.5MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1.4MM$30K
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.31%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.44%

Our Rating

4.3 / 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

4.00%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.

Member FDIC

up to $300

Our Rating

4.2 / 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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