Interest Bearing Accounts – Compounded Monthly
CornerStone State Bank Interest Rates
Effective: 12/01/2020
| $0.01 to $24,999.99 | $25,000 to $74,999.99 | $75,000 to $149,999.99 | $150,000+ | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Minimum Deposit Requirement to Open Account | Account Type | Rate | APY | Rate | APY | Rate | APY | Rate | APY |
| $500 | CornerStone Gems Checking | 0.05% | 0.05% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $300 | CornerStone Builder Checking-Int@>599 | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $15,000 | CornerStone Gold/VIP Checking | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $50 | CornerStone Mascot Checking-Int@>100 | 0.05% | 0.05% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $0 | CornerStone Regular Business Checking | 0.05% | 0.05% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $1000 | CornerStone Personal Money Market | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $1000 | CornerStone Business Money Market | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $15,000 | CornerStone Gold/VIP Money Market | 0.15% | 0.15% | 0.20% | 0.20% | 0.30% | 0.30% | 0.35% | 0.35% |
| $1000 | CornerStone Public Money Market | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| $0 | Public Funds Checking | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
Interest Bearing Accounts – Compounded Quarterly
| $0.01 to $24,999.99 | $25,000 to $74,999.99 | $75,000 to $149,999.99 | $150,000+ | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Minimum Deposit Requirement to Open Account | Account Type | Rate | APY | Rate | APY | Rate | APY | Rate | APY |
| $50 | CornerStone Personal Savings | 0.05% | 0.05% | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% |
| $100 | CornerStone Business Savings | 0.05% | 0.05% | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% |
| $50 | CornerStone Minor Savings | 0.05% | 0.05% | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% |
| $2500 | CornerStone Gold/VIP Savings | 0.10% | 0.10% | 0.10% | 0.10% | 0.15% | 0.15% | 0.20% | 0.20% |
| $100 | CornerStone Public Funds Savings | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% |
| $100 | CornerStone Non-Profit-Int@>599 | 0.15% | 0.15% | 0.20% | 0.20% | 0.20% | 0.20% | 0.25% | 0.25% |
| $50 | CornerStone HSA/IRA Savings | 0.10% | 0.10% | 0.15% | 0.15% | 0.15% | 0.15% | 0.25% | 0.25% |
| $5 | CornerStone Christmas Club Savings | 0.15% | 0.15% | ||||||
Certificates of Deposit (C.D.) – Compounded Quarterly
| $0.01 to $24,999.99 | $25,000 to $74,999.99 | $75,000+ | |||||
|---|---|---|---|---|---|---|---|
| Minimum Deposit Requirement to Open Account | Account Type | Rate | APY | Rate | APY | Rate | APY |
| $1000 | 3 - Month C.D. | 0.05% | 0.05% | 0.15% | 0.15% | 0.20% | 0.20% |
Certificates of Deposit (C.D.) – Compounded Semi-Annually
| $0.01 to $24,999.99 | $25,000 to $74,999.99 | $75,000+ | |||||
|---|---|---|---|---|---|---|---|
| Minimum Deposit Requirement to Open Account | Account Type | Rate | APY | Rate | APY | Rate | APY |
| $1000 | 6 - Month C.D. | 0.10% | 0.10% | 0.20% | 0.20% | 0.25% | 0.25% |
| $500 | 12 - 23 Month C.D. | 0.20% | 0.20% | 0.30% | 0.30% | 0.35% | 0.35% |
| $500 | 24 - 35 Month C.D. | 0.30% | 0.30% | 0.40% | 0.40% | 0.45% | 0.45% |
| $500 | 36 - 48 Month C.D. | 0.50% | 0.50% | 0.50% | 0.50% | 0.65% | 0.65% |
| $500 | 60 - Month C.D. | 0.60% | 0.60% | 0.60% | 0.60% | 0.75% | 0.75% |
| $500 | IRA 36-48 month C.D. | 0.90% | 0.90% | 0.95% | 0.95% | 0.95% | 0.95% |
- Early withdrawal penalty = 1 year or less = loss of 90 Days of interest / Over 1 year = loss of 180 days of interest
- APY = Annual Percentage Yield
- Checking, Money Market and Savings Accounts are variable rate, therefore rate may change after account is opened. Fees could reduce earnings.
- See an employee for further details.
- Rate = Interest Rate