Effective January 21, 2009
|
Deposit Accounts |
Annual Percentage Yield |
Interest Rate |
| Interest Bearing Checking Account |
Minimum of $100.00 to open |
3.28% |
3.23% |
|
Savings Account |
Minimum of $100.00 to open |
1.66% |
1.65% |
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 is credited monthly on interest bearing checking
accounts and quarterly for savings accounts. Your address must be within 60 miles of the
metropolitan area to receive these rates. All accounts must be opened online.
|
Certificate of Deposit |
Annual Percentage Yield |
Interest Rate |
|
06 months |
1.77% |
1.76% |
|
12 months |
2.17% |
2.15% |
Annual percentage yield is current as of date above. 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. Your address must be within 60 miles
of the metropolitan area to receive these rates. All accounts must be opened online.