Correspondent Banking
The Correspondent Banking Department at Cornerstone Bank can
help you provide all the financial services your customers need, quickly and
efficiently, right in your hometown. In addition, Correspondent Banking now
offers operational services that may not be readily available to you, allowing
your bank to operate more efficiently. Whether you choose to utilize some, or
all of our services, you’ll find that Correspondent Banking with Cornerstone Bank
will help your bank to achieve its goals of growth and prosperity.
All these services and more are available to you from
Cornerstone Bank. A bank that shares the small town values of personal service
and accountability…yet has the technology and the resources to offer the same
full service as the larger banks.
Operational Services
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Fed Funds Purchases and Sales - To assist you in maximizing funds
management, you can purchase and sell Fed Funds directly through Cornerstone
Bank.
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Cash Letter Clearings - All your outgoing Cash Letters can be
cleared directly through your Correspondent Account at Cornerstone Bank.
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Wire Transfers - Your Correspondent Banking Account can provide
wire transfers for your customers, as well as for your bank, through the
Federal Reserve System.
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Trust Services - With your Cornerstone Bank Correspondent Account,
you can have direct access to our full service Trust Department.
Computer Services
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Data Processing - Cornerstone Bank has all the capabilities
necessary to be a complete Service Bureau for all your data processing
needs.
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Debit & VISA Check Card Support - If you currently rely on NETS
to drive your ATMs or only issue Debit Cards or VISA Check Cards, you can
now have Card support at a fraction of the current industry cost.
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Debit Cards - Our generic card program allows you to take advantage
of discount pricing for your card stock. Cornerstone Bank has the ability to
encode and emboss your Debit Cards to meet the current industry standards.
Loan Services
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Overlines - Whether your overline needs are for liquidity or due to
exceeding your legal lending limit, we can assist you with all your overline
needs.
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Bank Stock Loans - Cornerstone Bank is happy to consider bank stock
loans to qualified individuals or holding companies for refinancing or
acquisitions.
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Direct Personal Loans - Should one of your bank officers desire a
personal loan, we will provide the same personalized service and attention
given to all our customers.
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