Certificates of Deposit
* No Penalty* feature available on 3-month COD only.
Interest on all COD's is compounded quarterly.
Minimum deposit is $500.00.
Substantial penalty for early withdrawal.
The Annual Percentage Yield (APY) assumes interest will remain on deposit until maturity.
A withdrawal of interest will reduce earnings.
Call Cornerstone Bank for effective rates after the quoted date.

TERM

INTEREST RATE

APY

3 Month *NO PENALTY*

 0.25

 0.25

6 Month

1.15

1.16

12 Month

1.55

1.56

18 Month

1.80

1.81

24 Month

1.95

1.96

30 Month

2.05

2.07

36 Month

2.20

2.22

48 Month

2.20

2.22

 

Quoted Rates Good Through August 3, 2010

 

Premier Money Market Account

Daily access to your money by check.
Effective 7/2/09, allows 6 withdrawals per statement cycle.
$1,000 minimum required to open a Premier Account.
Rates may change and fees may reduce earnings.
Interest is compounded and credited every month.
Annual Percentage Yield (APY) effective as of 7/7/2010.
  Call Cornerstone Bank for details.

 

INTEREST RATE

APY

BALANCE RANGE

 0.00%

0.00%

$0 - 999.99

 0.22%

0.22%

$1,000 - 49,999.99

 0.22%

0.22%

$50,000 - 99,999.99

 0.62%

0.62%

$100,000 - 249,999.99

1.22%

1.23%

$250,000 - 499,999.99

1.42%

1.43%

$500,000 & Over

 

Please send comments & suggestions to info@cornerstoneconnect.com
Please do not include any personal information, like account numbers, in an e-mail to Cornerstone Bank.
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