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At Cornerstone Bank, we offer many choices for saving for the future. From our Cornerstone money market accounts, where you can always have access to your funds while earning competitive interest rates, to our Cornerstone Bank personal savings accounts and CD's, we can provide the right product for you and your financial dreams.
Cornerstone Advantage Money Market**For a higher rate of return than our interest bearing checking accounts, consider a Cornerstone Advantage Money Market Account. There is no service charge with a minimum daily balance of $2,500 or an average daily balance of $5,000, and you can open your account with just $1,000. Since the balance tiers are higher than our Personal Checking Account levels, you can earn more as you deposit more with us. Cornerstone Money Market Sweep**High yield money market tied to your checking account to help maximize investment dollars and minimize bank charges. Transfers are made automatically withourt requiring your constant monitoring. ** Under Federal Regulation, transfers from a Money Market Account to another account or to third parties by preauthorized, automatic or telephone transfer are limited to six per statement cycle with no more than three by check, draft or similar order to third parties. A service charge of $10.00 will be assessed for each transaction in excess of 3 checks to third parties or 6 preauthorized transfers from you account each statement cycle. If this limitation is exceeded on a regular basis, we are required to convert your account to another account that permits unlimited check writing privileges. Certificate of Deposits*Interested in a high-yield investment without high risk? Our Certificates of Deposit, or CDs, offer just that. We offer a wide variety of terms including: 6, 12, 18, 24, 36, 48 and 60 months with interest compounded daily. *Penalty may be imposed for early withdrawal. Cornerstone SavingsRegular, systematic savings provide a sense of security. Maintain an average daily balance of $250 and avoid quarterly service charges. Your balance will earn interest at our current Cornerstone Savings rate. Interest compounds daily on the ledger balance. Cornerstone First SaversGet your children or grandchildren started early with our special Cornerstone First Savers account. Open with just $5 and have no quarterly service charge. Earn interest at our current Cornerstone Savings rate. Interest compounds daily on the ledger balance.
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