CornerStone State Bank

CornerStone State Bank Interest Rates

Effective: 05/01/2008

Interest Bearing Accounts - Compounded Monthly
  $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
$500.00 Mainstreeter Checking 0.20% 0.20% 0.75% 0.75% 1.65% 1.66%
$600.00 NOW Checking 0.20% 0.20% 0.75% 0.75% 1.65% 1.66%
$600.00 Club, Gold Checking, Type 90 0.25% 0.25% 0.90% 0.90% 1.75% 1.76%
$15000.00 VIP Checking 0.50% 0.50% 1.20% 1.21% 1.70% 1.71%
$1000.00 Money Market Savings 1.10% 1.11% 1.80% 1.81% 2.15% 2.17%
$15000.00 VIP Money Market Savings 1.40% 1.41% 1.90% 1.92% 2.25% 2.27%
 
Interest Bearing Accounts - 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
$50.00 Regular Savings 0.50% 0.50% 1.30% 1.31% 1.50% 1.51%
$10.00 Minor Savings 0.50% 0.50% 1.30% 1.31% 1.50% 1.51%
$2500.00 VIP Savings 0.60% 0.60% 1.40% 1.41% 1.85% 1.86%
$50.00 IRA 2.00% 2.02% 2.30% 2.32% 2.45% 2.47%
$10.00 Non-Profit 0.50% 0.50% 1.10% 1.10% 1.55% 1.56%
$5.00 Christmas Club Account 2.25% 2.27%
 
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
$1000.00 91-Day C.D. 1.75% 1.76% 1.90% 1.91% 2.05% 2.07%
 
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
$1000.00 182 Day C.D. 2.05% 2.06% 2.10% 2.11% 2.25% 2.26%
$500.00 12 - 23 Month C.D. 2.40% 2.41% 2.45% 2.47% 2.60% 2.62%
$500.00 24 - 35 Month C.D. 2.50% 2.52% 2.50% 2.52% 2.65% 2.67%
$500.00 36 - 48 Month C.D. 2.75% 2.77% 2.75% 2.77% 2.85% 2.87%
$500.00 60 Month C.D. 2.75% 2.77% 2.75% 2.77% 2.85% 2.87%
$500.00 IRA 3-Year C.D. 2.90% 2.92% 2.90% 2.92% 3.20% 3.23%
 

  • 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