Savings
| Account Type | Minimum Deposit and Minimum Balance Requirements | Maintenance Fee Waived With Requirement | Interest Paid | Features - Benefits |
|---|---|---|---|---|
| CornerStone Personal Money Market Savings | $1,000 | - $10 Maintenance fee monthly - 6 free withdrawals - $1.00 per check/debit fee over 6. - Federal Regulation D limits savings accounts to 6 transfers per month (calendar or statement cycle) by check, draft, debit card or other payment order to a 3rd party as well as transfers out by telephone, Internet or through an automated clearing house (ACH). |
Yes | - Automatic transfers limited - Direct Deposit - Internet Banking - Mobile Banking - Text, Email, Mobile Banking account alerts - Monthly Statement - E-Statements - Higher rate of interest than regular savings - No monthly fee for ATM card available with separate application - P2P - Shazam Bolt |
| Cornerstone Personal Savings | $50 - $3,500 in combination of all deposit accounts at CornerStone State Bank |
- $3 Maintenance fee monthly - 10 free withdrawals per quarter. $0.50 activity charge per withdrawal over 10. - Federal Regulation D limits savings accounts to 6 transfers per month (calendar or statement cycle) by check, draft, debit card or other payment order to a 3rd party as well as transfers out by telephone, Internet or through an automated clearing house (ACH). |
Yes | - Automatic transfers limited - Direct Deposit - Internet Banking - Mobile Banking - Text, Email, Mobile Banking account alerts - Quarterly Statement - E-Statements - Lower minimum balance required - No monthly fee for ATM card available with separate application - P2P - Shazam Bolt |
| Cornerstone Christmas Club | $5 | No fees. No withdrawals allowed. |
Yes | - A check is automatically mailed to you the first week of November. - Internet Banking - Mobile Banking - E-statements - Direct Deposit - Annual Statement |
| Cornerstone Minor Savings | $50 | - $3 Maintenance fee quarterly - 10 free withdrawals per quarter. $0.50 activity charge per withdrawal over 10. - Federal Regulation D limits savings accounts to 6 transfers per month (calendar or statement cycle) by check, draft, debit card or other payment order to a 3rd party as well as transfers out by telephone, Internet or through an automated clearing house (ACH). |
Yes | - Quarterly Statements - Internet Banking - Mobile Banking - E-statements - Direct Deposit - Text, Email, Mobile Banking account alerts |
| Cornerstone Gold Savings | $2,500 account minimum $50,000 in combination of all deposit accounts at ConerStone State Bank |
- $10 Maintenance fee quarterly - $.50 per debit charge over 10 Federal Regulation D limits savings accounts to 6 transfers per month(calendar or statement cycle) by check, draft, debit card or other payment order to a 3rd party as well as transfers out by telephone, Internet or through an automated clearing house (ACH). |
Yes, Variable | - No monthly fee for ATM Card available with separate application - No fee on Money Orders and Cashier's Checks - 5 per month - No fee on photocopies - 5 per month - No fee on Notary & Signature Guarantee - Direct Deposit - Internet Banking - E-statements - Mobile Banking - Free standard style checks, single or duplicate - 1 box per order - Text, Email, Mobile Banking account alerts |
| Cornerstone Gold Money Market Savings | $15,000 account minimum $50,000 in combination of all deposit accounts at ConerStone State Bank |
- $10 Monthly Maintenance fee - $1.00 per check/debit fee over 6. - Federal Regulation D limits savings accounts to 6 transfers per month(calendar or statement cycle) by check, draft, debit card or other payment order to a 3rd party as well as transfers out by telephone, Internet or through an automated clearing house (ACH). - No monthly fee for ATM Card available with separate application. |
Yes, Variable | - No monthly fee for ATM Card available with separate application - No fee on Money Orders and Cashier's Checks - 5 per month - No fee on photocopies - 5 per month - No fee on Notary & Signature Guarantee - Direct Deposit - Internet Banking - E-statements - Mobile Banking - Free standard style checks, single or duplicate - 1 box per order - Text, Email, Mobile Banking account alerts |
* We require that you have $200.00 on deposit to cash a Non-CornerStone State Bank check without a check-cashing fee.
* We may change the rate on interest bearing accounts, at any time, at our discretion. As rates change in the market place, current rate are always posted in the bank lobby.
* We use the daily collected balance method to calculate the interest on this account. The method applies a daily periodic rate to the collected principal balance in the account each day.
* Encoded savings slips are provided free of charge to the account holders.
* Subject to service charges if dormant for 12 months.
* If you would like Internet or mobile access to your accounts please enroll on our Website
