Cornerstone Bank

2280 45th Street South
Fargo, ND 58104


General Bank Information

FDIC Insured Yes
FDIC Certificate # 13198
Date Established 1907
Assets $0.83 billion
Loans $0.61 billion
Deposits $0.71 billion
Capital $0.08 billion

Cornerstone Bank is an FDIC insured institution located in Fargo, ND. It was founded in 1907 and has approximately $0.83 billion in assets. Customers can open an account at one of its 12 branches.

For a more detailed analysis of Cornerstone Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Cornerstone Bank’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in North Dakota, Cornerstone Bank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Construction and Development Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 18.90
Credit Card Loans 0.00
Consumer Auto Loans 0.97
Small Business Loans 10.25
Construction and Development Loans 8.05
Commercial Real Estate 30.22
Commercial and Industrial Loans 13.68
Farm Loans 9.43

Deposit Rates

Your Current Location: Virginia, VA 20146

3 Mo CD 10K
0.15% $500 - Learn MoreShow Less
6 Mo CD 10K
0.30% $500 - Learn MoreShow Less
12 Mo CD 10K
0.40% $500 - Learn MoreShow Less
18 Mo CD 10K
0.55% $500 - Learn MoreShow Less
Special: 18 Mo CD
0.95% $2,500 - Learn MoreShow Less
24 Mo CD 10K
0.70% $500 - Learn MoreShow Less
36 Mo CD 10K
0.90% $500 - Learn MoreShow Less
48 Mo CD 10K
1.15% $500 - Learn MoreShow Less
Fixed IRA 0K
0.40% $500 - Learn MoreShow Less
MM 2.5K
0.05% $1 $9,999 Learn MoreShow Less
MM 10K
0.05% $10,000 $99,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $2,500 $4,999 Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Cornerstone Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Learn More
Ally Mortgage
NMLS ID: 181005
4.431% 4.375% 0.38 $1,746 $1,249 Learn More NMLS#2890
NMLS ID: 2890
License#: MC-3098
4.266% 4.250% -0.25 $580 $1,230 Learn More
PenFed Credit Union
NMLS ID: 401822
4.334% 4.250% 0.00 $2,500 $1,230 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.029% 4.990% 0.13 $1,112 $1,341 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.740% $231.27 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to Cornerstone Bank
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Cornerstone Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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Cornerstone Bank Locations

Financial Details

Cornerstone Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Cornerstone Bank. The data is provided by the FDIC. All banks listed on are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Cornerstone Bank U.S. Bank Average
13.92% 8.32%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2017, Cornerstone Bank had $10,507,000 in non-current loans and $1,596,000 in owned real estate. To cover these potential losses it had $76,770,000 in equity and $10,188,000 in loans loss reserves. That gives it a Texas Ratio of 13.92%.

Return on Equity
Cornerstone Bank U.S. Bank Average
12.01% 8.84%

Cornerstone Bank has a Return on Equity of 12.01% versus the BestCashCow average of 8.84%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Cornerstone Bank U.S. Bank Average
9.29% 12.21%

Cornerstone Bank has a Capitalization of 9.29% versus the BestCashCow average of 12.21. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Cornerstone Bank Balance Sheet Analysis

As of September 30, 2017, Cornerstone Bank had assets of $825,962,000, loans of $607,137,000, and deposits of $709,285,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Frequently Asked Questions About Cornerstone Bank

Branches and Savings

Is Cornerstone Bank FDIC insured?

Yes. It is covered under FDIC Certificate #13198.

Why does Cornerstone Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Cornerstone Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Cornerstone Bank a commercial bank?


Where are Cornerstone Bank locations?

See branch locations nearby.

Is Cornerstone Bank open on Saturdays?

Is Cornerstone Bank open on Sundays?

What time does Cornerstone Bank open?

What time does Cornerstone Bank close?

Are Cornerstone Bank ATMs Open 24/7?

Do Cornerstone Bank ATMs accept cash deposits?

Can Cornerstone Bank customers use other ATMs?

Do Cornerstone Bank branches have notaries?

Will Cornerstone Bank notarize my document?

What address for Cornerstone Bank should I put for incoming ACH transfers?

Will the Cornerstone Bank branch print checks?

Do Cornerstone Bank checks expire?

Does Cornerstone Bank require US citizenship to open account?

Can Cornerstone Bank close my account?

Does Cornerstone Bank Report to credit bureaus?

Does Cornerstone Bank Use Equifax?

What is Cornerstone Bank's ACH Routing Number?

What is Cornerstone Bank's SWIFT code?


Does Cornerstone Bank offer mortgages?

Compare mortgage rates here.

Does Cornerstone Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Cornerstone Bank offer personal loans?

Compare personal loan rates here.

Does Cornerstone Bank offer student loans?

Will Cornerstone Bank cash a check?

Will Cornerstone Bank redeem a savings bond?

Does Cornerstone Bank cash savings bonds?

Will Cornerstone Bank cash money orders?

Can Cornerstone Bank issue a money order?

Does Cornerstone Bank do currency exchange?

Background on The Bank

Who owns Cornerstone Bank?

How long has Cornerstone Bank been around?

Can Cornerstone Bank transfer to other banks?

Does Cornerstone Bank have quick pay?

Does Cornerstone Bank accept rolled coins?

Will Cornerstone Bank accept loose change?

Where is Cornerstone Bank headquarters?

Customer Reviews for Cornerstone Bank

  • dionpayne

    June 28, 2017 |


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