Certificate of Deposit Rates
| Term | Interest Rate % | Annual Percentage Yield |
|---|
| 3 Month *NO PENALTY* |
1.10 |
1.10 |
| 6 Month |
1.30 |
1.31 |
| 11 Month - Only Jump-Up** |
4.00 |
4.06 |
| 12 Month |
1.75 |
1.76 |
| 15 Month - Only Jump-Up*** |
4.00 |
4.06 |
| 18 Month |
1.90 |
1.91 |
| 24 Month |
1.95 |
1.96 |
| 30 Month |
2.00 |
2.02 |
| 36 Month |
2.10 |
2.12 |
| 48 Month |
2.20 |
2.22 |
*No Penalty* feature available on 3 month CD only.
**Rates may change after the account is opened. If the 6 month or 11 month CD interest rate goes up, you have the option of upgrading to the higher rate one time for the remainder of your term.
***Rates may change after the account is opened. If the 12 month or 15 month CD interest rate goes up, you have the option of upgrading to the higher rate one time for the remainder of your term.
Interest on all CD's is compounded quarterly. Minimum deposit is $500.00. Substantial penalty for early withdrawal. The Annual Percentage Yield 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.
QUOTED RATES GOOD THROUGH 03/28/2023
Premier Money Market Account Rates
| Balance Range | Interest Rate % | Annual Percentage Yield |
|---|
| $0 - 999.99 |
0.00 |
0.00 |
| $1,000 - 49,999.99 |
1.00 |
1.00 |
| $50,000 - 99,999.99 |
1.05 |
1.06 |
| $100,000 - 249,999.99 |
1.30 |
1.31 |
| $250,000 - 499,999.99 |
1.45 |
1.46 |
| $500,000 & Over |
1.80 |
1.81 |
Daily access to your money by check. You may have up to 6 debits per statement cycle. Rates may change and fees may reduce earnings. $1,000 minimum required to open a Premier Account. Interest is compounded and credited every month. Annual Percentage Yield (APY) effective 01/04/2023.
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