Privilege
Checking
Cornerstone’s Privilege Checking Account is a basic
checking account with no maintenance fee.
• Minimum
to open $100.00
• Unlimited check writing privileges
•
Free Point of Sale (POS) transactions
Premier
Checking
Cornerstone offers a Premier Checking account for clients 45 years of age
and older. Some of the privileges are:
• Minimum
to open $100.00
• No monthly maintenance fee
•
No fee travelers checks, cashier’s checks and money orders
• Free Point of Sale (POS) transactions
• Free fully personalized Cornerstone Community Bank checks
• Interest compounds daily
to
top of page
Investment Money Market
Cornerstone’s flexible Investment Money Market offers high
interest rates and ready access to your funds. This account
also has a variety of special advantages:
• Minimum
to open $1000.00
• A tiered rate structure paying higher rates on larger balances
• Detailed monthly statements
• Check writing privileges, up to three checks per month
• Unlimited in bank transactions
Maintenance Fee
A $10.00 maintenance fee will be assessed if the average daily balance
for the cycle is below $2,500.00
Federal Bank Regulations limit you to six transactions from your account
each month to a third party or to another account of the depositor
at the same institution if made by preauthorized or automatic transfer
or telephone agreement, order or instruction. Only three of these transfers
may be by check. A fee of $5.00 will be charged for each transaction
in excess of the allowable number.
to
top of page
Passbook Savings Account
Cornerstone’s Passbook Savings Account offers the convenience
of permanent record keeping
• Minimum
to open $100.00
• A tiered rate structure paying higher rates on larger balances
• Interest compounded daily
• Interest credited quarterly
• Unlimited in bank transactions
Maintenance Fee
A maintenance fee of $5.00 per quarter will be assessed if the average
daily balance for the quarter is below $500.00. A minimum balance
of $10.00 is required.
This account cannot accept transactions to or from a third party if
made by preauthorized or automatic transfer, or telephone agreement,
order or instructions. Federal Bank Regulations limit this account
to six automatic transfers to another of the depositor.
to
top of page
Statement Savings Account
Cornerstone’s Statement Savings Account offers ready access
to your interest earning funds. Some of the advantages are:
• Minimum
to open $100.00
• A tiered rate structure paying higher rates on larger balances
• Interest compounded daily
• Interest credited monthly
• Monthly Statements
• Unlimited in bank transactions
Maintenance Fee
A maintenance fee of $2.00 will be assessed if the average daily
balance for the cycle is below $500.00. A minimum balance of
$10.00 is required.
Federal Bank Regulations limit you to six transactions from
your account each month to a third party or to another account
of the
depositor at the same institution if made by preauthorized
or automatic transfer or telephone agreement, order of instruction.
A fee of $5.00
will be charged for each transaction in excess of the allowable
number.
to
top of page
Young Savers Account
Cornerstone’s Young Savers Account is geared to our clients
16 years of age and younger. This account has the following features.
• Passbook
• No maintenance fee
• A tiered rate structure paying higher rates on larger balances
• Interest compounded daily
• Interest is credited quarterly
• A nominal balance requirement of $10.00
This account cannot accept transactions to or from a third party
if made by preauthorized or automatic transfer, or telephone agreement,
order or instructions. Federal Bank Regulations limit this account
to six automatic transfers to another of the depositor.
to
top of page
CD’s & Retirement Accounts
To complement our demand accounts, Cornerstone offers a variety of
fixed rate and term certificates at competitive rates. To assist
you in your retirement planning, Cornerstone also offers the traditional
IRAs and Roth IRAs.
to
top of page
Safe Deposit Boxes
Cornerstone offers a variety of secured safe deposit boxes for your
convenience in the following sizes:
• 3 x 5”………………………..$35.00
annually
•
3 x 10”………………………$55.00
annually
•
5 x 10”………………………$75.00
annually
•
10 x 10”……………………$120.00
annually
There is an initial $5.00 set-up fee.
Note: Safe Deposit boxes are not FDIC insured.
to
top of page
|
Account
Access
