These are variable rate accounts, as such, the interest rate and annual percentage yields are subject to change at any time. Interest accrues daily and credited monthly. Savings Account accrues daily and credited quarterly. Accounts require a $100 minimum opening deposit.
CDs & IRAs
Effective date: November 15, 2024
| Term | Annual % Yield | Interest Rate |
| 30 days | 0.07% | 0.07% |
| 31 - 90 days | 0.10% | 0.10% |
| 91 - 182 days | 0.10% | 0.10% |
| 06 - 12 months | 0.20% | 0.20% |
| 12 months | 0.28% | 0.28% |
| 18 months | 0.30% | 0.30% |
| 24 months | 0.32% | 0.32% |
| 36 months | 0.33% | 0.33% |
| 48 months | 0.34% | 0.34% |
| 60 months and above | 0.35% | 0.35% |
Annual Percentage Yield is current as of date below. Rates are subject to change at any time without prior notice. A penalty may be imposed for early withdrawal. Unless otherwise specified, a Cornerstone Bank CD requires a minimum of $1,000.00 to open. Interest is compounded and credited quarterly (or you may receive interest by direct deposit). CDs are automatically renewable unless otherwise disclosed at the time the account is opened. The minimum term for IRA deposits is six months.
Effective date: November 15, 2024
Car Loans New or Used by Year
| Term | Annual Percent Rate | Note Rate |
| 2023 & 2024 | 48 months | 8.26% | 8.00% |
| 2023 & 2024 | 60 months | 8.46% | 8.25% |
| 2022 | 48 months | 8.64% | 8.38% |
| 2022 | 60 months | 8.72% | 8.51% |
| 2021 | 48 months | 9.06% | 8.80% |
| 2021 | 60 months | 9.13% | 8.92% |
| 2020 | 48 months | 10.09% | 9.83% |
| 2019 | 48 months | 10.45% | 10.19% |
| 2018 | 48 months | 10.70% | 10.44% |
Loan example information – A down payment of up to 20% may be required. A purchase price of $25,000 with a 20% down payment for 60 months at a Note Rate of 8.25% would result in a monthly payment of $409.96. This is an example of a typical transaction that is currently available. These loan rates are available to consumer customers only. Loans on motorcycles and boats add 1.00%.
The above rate information does not constitute an offer. All rates are subject to change at any time. All loans are underwritten at the time of application and are applicable only to a specific vehicle. Vehicles with mileage in excess of 80,000 miles will be considered on a case by case situation. Vehicle evaluations are determined by the NADA Guide. Rates are subject to change without notice. With an auto-debit on your Cornerstone Bank account, the rate will be .25% lower.
