Cornerstone Community Financial gives our members some of the most competitive rates in Metro Detroit, Toledo, Ohio and the surrounding areas, on both loans and investments. Check out our list of products and rates below.
If you have any questions, reach out to a
member service representative.
APR = Annual Percentage Rate.
APY = Annual Percentage Yield.
Fees may reduce earnings. Rates effective June 18, 2024. Dividend and loan rates subject to change at any time.
Loans
| Term |
APR
Rates^ as low as |
Notes |
Up to 39 Months
|
4.79%
|
Minimum Loan Amount $4,000
|
40 - 64 Months
|
4.99%
|
Minimum Loan Amount $7,500
|
65 - 75 Months
|
5.19% |
Minimum Loan Amount $10,000 |
76 - 88 Months
|
5.49% |
Minimum Loan Amount $15,000
|
^ Approval and Actual rate offered are based on overall creditworthiness factors and collateral. Mileage and model year restrictions may apply. Additional rate discounts of up to 1% APR may be available. Other terms and conditions may apply. Subject to change or be discontinued at any time.
Home Equity Loans
| Loan Type |
APR - Rates^ as low as |
Home Equity VISA Line of Credit*
|
8.50% |
Fixed Rate Home Equity - 10 Year Fixed**
|
6.99% |
Fixed Rate Home Equity - 20 Year Fixed**
|
7.24% |
^ Rates are "as low as" and are based on credit score, property value, lien position and other account requirements. Rates are subject to change at any time. Please consult with a CCF Home Equity Representative.
*Direct deposit & new checking account required.
**Direct deposit & new checking account required. First lien position only.
This Rate Schedule sets forth certain conditions and rates applicable to your accounts at the Credit Union at this time. The Credit Union may offer other rates or amend the rates contained in this schedule at any time.
Please call 800-777-6728 for any further rate questions.
Cornerstone Community Financial is an equal housing lender.
Recreational Vehicles
| Term |
APR - Rates^ as low as |
Notes |
24 - 39 Months
|
5.29%
|
Minimum Loan Amount $4,000
|
40 - 64 Months
|
5.79% |
Minimum Loan Amount $7,500
|
65 - 75 Months
|
6.29% |
Minimum Loan Amount $10,000 |
76 - 88 Months
|
6.79% |
Minimum Loan Amount $15,000
|
| 89 - 120 Months |
5.99% |
Minimum Loan Amount $40,000
|
| 121 - 180 Months |
6.29% |
Minimum Loan Amount $75,000
|
^ Rates are "as low as" and are based on credit score and model year of vehicle, check eligibility for additional 1% rate discount. Other account requirements and conditions may apply. Rates are subject to change at any time.
Additional Loan Products
| Loan Type |
Term |
APR - Rates^ as low as |
Minimum Loan Amount |
Personal/Unsecured
|
12-36 months
|
8.99% |
N/A
|
Personal/Unsecured
|
37-60 months
|
10.99%
|
N/A
|
^ Rates are "as low as" and are based on credit score. Discover if you qualify for a 0.50% discount on a personal loan through Cornerstone's Multi-Loan Advantage. This exclusive offer is available to members with an existing auto loan. Rates are subject to change at any time. Other account requirements and conditions may apply.
Visa Card Programs
^ Approval and actual APR based on overall creditworthiness factors. 1% fee in U.S. dollars assessed on foreign transactions. Rates effective as of 8/27/2024. Subject to change or be discontinued at any time.
Accounts
Rewards Checking
| Balance |
Dividend Rate |
APY* |
| $0 - $15,000 |
2.00% |
2.02%
|
| $15,000+ |
0.05% |
0.05% |
To earn rewards, just do the following during the monthly statement cycle:
- Have at least 18 signature debit or credit card transactions post and settle
- Enroll in and receive eStatements
- Log in to online or mobile banking once per cycle
- If you don't meet the qualifications on any given cycle, no problem. The account is still free. You can get back to earning rewards the very next month that you meet qualifications.
*APY=Annual Percentage Yield. Rates may change after account is opened. Minimum to open is $100. If qualifications are met each monthly statement cycle: (1) balances up to $15,000 receive APY of 2.02%; and (2) balances over $15,000 earn 0.05% interest rate on portion of balance over $15,000. If qualifications are not met dividends will not be earned. Qualifying transactions must post to and settle account during monthly statement cycle. ATM, PIN-based transactions, cash advances and balance transfer transactions do not count towards qualifying debit or credit card transactions. Statement cycles begin on the first day of the month and end on the last day of the month. Limit one account per SSN.
CORE Rewards Checking
| Balance |
Dividend Rate |
APY* |
| $0 - $15,000 |
2.00% |
2.02% |
| $15,000+ |
0.05% |
0.05% |
To earn rewards, just do the following during the monthly statement cycle:
- Have at least 18 signature debit or credit card transactions post and settle
- Enroll in and receive eStatements
- Log in to home banking or mobile once per cycle
If you don't meet the qualifications on any given cycle, no problem. The account is still free. You can get back to earning rewards the very next month that you meet qualifications.
*APY=Annual Percentage Yield. Rates may change after account is opened. Minimum to open is $100. If qualifications are met each monthly statement cycle: (1) balances up to $15,000 receive APY of 2.02%; and (2) balances over $15,000 earn 0.05% interest rate on portion of balance over $15,000. If qualifications are not met no dividends will be earned. Qualifying transactions must post to and settle account during monthly statement cycle. ATM transactions do not count towards qualifying debit card transactions. ATM, PIN-based transactions, cash advances and balance transfer transactions do not count towards qualifying debit or credit card transactions Statement cycles begin on the first day of the month and end on the last day of the month. Monthly direct deposit not required to have this account. Limit one account per SSN.
Clear Business Checking
| Minimum Balance |
Dividend Rate |
APY |
| $7,500+ |
0.10% |
0.10% |
APY = Annual Percentage Yield. Minimum balance of $7,500 required to earn dividends.
Savings Accounts
APY = Annual Percentage Yield. Minimum balance of $50 required to earn dividends.
Money Market
| Minimum Balance |
Dividend Rate |
APY |
| $2,500 - $7,499 |
0.10% |
0.10% |
| $7,500 - $12,499 |
0.15% |
0.15% |
| $12,500 - $24,999 |
0.25% |
0.25% |
| $25,000 - $39,999 |
0.35% |
0.35% |
| $40,000 - $99,999 |
0.45% |
0.45% |
| $100,000 - $249,999 |
0.55% |
0.55% |
| $250,000 - $499,999 |
0.65% |
0.65% |
| $500,000+ |
0.75% |
0.75% |
APY = Annual Percentage Yield. Minimum balance of $50 required to earn dividends.
Step-Up Certificate
| Term |
Minimum Balance |
Dividend Rate |
APY |
| First 6 months |
$1,000 |
0.80% |
0.80% |
| Second 6 months |
$1,000 |
0.90% |
0.90% |
| Third 6 months |
$1,000 |
1.00% |
1.00% |
| Fourth 6 months |
$1,000 |
1.10% |
1.10% |
APY = Annual Percentage Yield. 24-month certificate with rate bumps every 6 months. Dividends paid at maturity. Penalty may apply for early withdrawal.
Share Certificates
| Term |
Minimum Required
Opening Deposit |
Dividend Rate |
APY* |
|
New Money Only
|
$1,000 |
4.40% |
4.40% |
|
New Money Only
|
$1,000 |
4.09% |
4.15% |
| 6 months |
$1,000 |
0.90% |
0.90% |
| 12 months |
$1,000 |
1.25% |
1.26% |
| 18 months |
$1,000 |
1.35% |
1.36% |
| 24 months |
$1,000 |
1.50% |
1.51% |
| 36 months |
$1,000 |
2.00% |
2.02% |
| 48 months |
$1,000 |
2.25%
|
2.27% |
| 60 months |
$1,000 |
2.50%
|
2.52%
|
*APY is Annual Percentage Yield. Rate accurate as of 1/28/2025. Must maintain an average daily balance of $1,000.00 to earn the APY. A penalty may be imposed for early withdrawals. Fees could reduce earnings on the account. For special offer CD’s, fund must be new money not already on deposit at CCFCU or have been deposited via cash, check, ACH, or wire transfer to CCFCU within five days prior to the CD being opened. Maximum special offer CD amount is $350,000. Special offer CD may be changed or discontinued at any time.
Individual Retirement Account (IRA)
| Term |
Minimum Balance |
Dividend
Rate
|
APY |
| Special Offer: 7-month CD |
$1,000 |
4.40% |
4.40% |
|
|
$1,000 |
4.09% |
4.15% |
| 12 months |
$500 |
1.25% |
1.26% |
| 18 months |
$500 |
1.35%
|
1.36% |
| 24 months |
$500 |
1.50% |
1.51% |
| 36 months |
$500 |
2.00% |
2.02% |
| 48 months |
$500 |
2.25% |
2.27% |
| 60 months |
$500 |
2.50% |
2.52% |
| IRA Share** |
$10 |
0.10% |
0.10% |
APY = Annual Percentage Yield. Penalties may apply for early withdrawal. All rates are subject to change at any time without notice.
Jumbo Certificates
| Term |
Minimum Balance |
Dividend
Rate
|
APY |
| 12 months |
$50,000 |
1.25% |
1.26% |
| 18 months |
$50,000 |
1.35% |
1.36% |
| 24 months |
$50,000 |
1.50% |
1.51% |
| 36 months |
$50,000 |
2.00% |
2.02% |
| 48 months |
$50,000 |
2.25% |
2.27% |
| 60 months |
$50,000 |
2.50% |
2.52% |
APY = Annual Percentage Yield. Penalties may apply for early withdrawal. Dividends paid quarterly.
Jumbo IRA Certificates
| Term |
Minimum Balance |
Dividend
Rate
|
APY |
| 12 months |
$50,000 |
1.25% |
1.26% |
| 18 months |
$50,000 |
1.35% |
1.36% |
| 24 months |
$50,000 |
1.50% |
1.51% |
| 36 months |
$50,000 |
2.00% |
2.02% |
| 48 months |
$50,000 |
2.25% |
2.27% |
| 60 months |
$50,000 |
2.50% |
2.52% |
APY = Annual Percentage Yield. Penalties may apply for early withdrawal. Dividends paid quarterly.
Youth Certificates
| Term |
Minimum Balance |
Dividend
Rate |
APY |
| 6 months |
$250 |
0.90% |
0.90% |
| 12 months |
$250 |
1.25% |
1.26% |
| 18 months |
$250 |
1.35% |
1.36% |
APY = Annual Percentage Yield. Penalties may apply for early withdrawal. Dividends paid quarterly. 6 Month Certificate dividends paid at maturity.
