FDIC-Insured - Backed by the full faith and credit of the U.S. Government
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Certificates of Deposit
A Certificate of Deposit is similar to a savings account in that they are insured and thus virtually risk-free (CDs are insured by the FDIC for banks). They are different from savings accounts in that the CD has a specific, fixed term (often three months, six months or one to four years), and, usually, a fixed interest rate. It is intended that the CD be held until maturity, at which time the money may be withdrawn with the accrued interest.
Certificate of Deposit Rates |
Term | Interest Rate % | Annual Percentage Yield |
3 Month *NO PENALTY* | 1.39 | 1.40 |
6 Month | 1.60 | 1.61 |
7 Month - Special | 3.70 | 3.75 |
12 Month | 2.05 | 2.07 |
13 Month - Special | 3.94 | 4.00 |
18 Month | 2.19 | 2.21 |
24 Month | 2.24 | 2.26 |
30 Month | 2.30 | 2.32 |
36 Month | 2.40 | 2.42 |
48 Month | 2.50 | 2.52 |
*No Penalty* feature available on 3 month CD only.
Interest on all CD's is compounded quarterly. Minimum deposit is $500.00. Substantial penalty for early withdrawal. The Annual Percentage Yield assumes interest will remain on deposit until maturity. A withdrawal of interest will reduce earnings. Call Cornerstone Bank for effective rates after the quoted date.
QUOTED RATES GOOD 09/22/2026
Premier Money Market Account Rates |
Balance Range | Interest Rate % | Annual Percentage Yield |
$0 - 999.99 | 0.00 | 0.00 |
$1,000 - 49,999.99 | 0.95 | 0.95 |
$50,000 - 99,999.99 | 1.00 | 1.00 |
$100,000 - 249,999.99 | 1.25 | 1.26 |
$250,000 - 499,999.99 | 1.45 | 1.46 |
$500,000 & Over | 1.86 | 1.88 |
Daily access to your money by check. You may have up to 6 debits per statement cycle. Rates may change and fees may reduce earnings. $1,000 minimum required to open a Premier Account. Interest is compounded and credited every month. Annual Percentage Yield (APY) effective 10/09/2024.
