Consumer Conversion Information

Simply Free Checking

Our non-interest bearing account with no monthly maintenance service charges (see Account Disclosures booklet).

Premier Checking

Our interest-bearing account when you maintain a minimum daily balance of $10 or more (see Account Disclosures booklet).

Learn More about what our Checking accounts offer!

DEBIT CARDS

Your Cornerstone Bank Debit Mastercard^® gives you simple, secure access to your money—anytime, anywhere.

Convenient Everyday Access

• Use your card wherever Mastercard^® is accepted worldwide
• Make purchases in-store, online, or through digital wallets
• Withdraw cash at ATMs
• Manage your card and view transactions through Online & Mobile Banking

Built-In Security

• Real-time fraud monitoring helps protect your account
• Secure chip technology adds an extra layer of protection
• You can quickly report lost or stolen cards for immediate action

OVERDRAFT SERVICES

At Cornerstone Bank, we provide options to help you manage your account with confidence—even when your balance runs low.

Overdraft Privilege Service

Our Overdraft Privilege Service is designed to provide a level of protection for occasional, unintentional overdrafts. It works by:

• Allowing certain transactions to be covered even if funds are not available
• Helps avoid returned payments or declined transactions
• Provides peace of mind for unexpected situations

All overdrafts are paid at the Bank’s discretion and are not guaranteed.

Overdraft Protection (Recommended)

For additional peace of mind, you may link another account—such as a savings account—to your checking account. By doing so:

• Funds are automatically transferred to cover transactions
• Helps reduce or avoid overdraft fees
• Provides a simple, proactive way to manage your account

Interest compounding


(Effective May 18, 2026)

Existing CD’s with terms less than 12 months:


Interest will continue to compound monthly, until maturity. At maturity, CD’s that renew with terms less than 12 months, interest will no longer be compounded.

Existing CD’s with terms 12 months or more:


Interest will compound continuously and continue to compound continuously if the term remains 12 months or more at renewal.

Renewal:


Your CD will automatically renew at maturity unless you instruct us otherwise. You will receive written notification prior to maturity showing your current maturity date, new maturity date, and renewal term. Please refer to the “Renewal Terms” chart to determine what term your current CD will renew into as this could be a change from your previous agreement. You will continue to have a 10-calendar day grace period after maturity to renew your CD, withdraw funds, add additional funds, or transfer to another account without penalty.

Additional Information Regarding Your IRA Accounts:


We want to inform you of an update to how your IRA account is designated. Cornerstone Bank will be acting as the custodian of your IRA account rather than the trustee, effective May 18, 2026. As custodian, Cornerstone Bank will continue to securely hold your IRA assets, process transactions based on your instructions, and provide required reporting to the Internal Revenue Service just as before. Importantly, this change does not affect your ownership of the account, its tax-advantaged status, or how you access and manage your investments. This change mainly is just an update in account structure and terminology. Your experience and account functionality remain the same.