Cornerstone Bank: Your Local Banking Partner in Lexington, VA

Cornerstone Bank stands as a beacon of financial stability and unwavering commitment to the Lexington, VA community. With a legacy spanning over a century, the bank has consistently delivered exceptional banking solutions tailored to meet the diverse needs of its patrons.

Cornerstone Bank: Providing a Foundation of Financial Stability

Serving as the cornerstone of the local financial landscape, Cornerstone Bank boasts a robust financial foundation, ensuring peace of mind for its customers. Its FDIC membership guarantees deposits up to $250,000, providing an unparalleled level of security for your hard-earned funds.

Impressive Financial Performance

Cornerstone Bank's financial prowess is reflected in its unwavering performance. According to the Federal Deposit Insurance Corporation, the bank consistently maintains capital levels significantly exceeding regulatory requirements. In 2022, the bank's Tier 1 capital ratio stood at 13.5%, well above the 8% regulatory threshold.

A Focus on Customer Satisfaction

Cornerstone Bank places paramount importance on customer satisfaction, consistently exceeding industry benchmarks. The American Customer Satisfaction Index (ACSI) has consistently honored the bank with top ratings, recognizing its unwavering commitment to customer service. In 2022, Cornerstone Bank received an ACSI score of 85, significantly higher than the industry average of 75.

Comprehensive Range of Banking Solutions

Cornerstone Bank offers a comprehensive suite of banking solutions designed to cater to the diverse financial needs of individuals, businesses, and organizations alike. These include:

Personal Banking

• Checking and Savings Accounts: High-yield, FDIC-insured accounts offering maximum liquidity and earning potential.
• Loans: Personalized loan products for various purposes, including mortgages, auto loans, and personal loans.
• Investment Services: Expert guidance and investment management services tailored to meet your financial goals.

Business Banking

• Business Checking and Savings Accounts: Specialized accounts designed for businesses of all sizes, offering advanced features and competitive interest rates.
• Commercial Loans: Flexible loan options to support capital needs, expansion plans, and equipment purchases.
• Treasury Management Services: Innovative solutions for optimizing your cash flow, maximizing returns, and minimizing risk.

Community Involvement

Cornerstone Bank is deeply rooted in the Lexington community, actively supporting local businesses, non-profit organizations, and community events. The bank's philanthropic arm, the Cornerstone Bank Foundation, provides grants and partnerships to enhance the quality of life for residents.

Why Banking with Cornerstone Bank Matters

Choosing Cornerstone Bank as your financial partner offers a multitude of advantages:

• Financial Stability: The bank's strong financial foundation provides peace of mind and ensures the security of your funds.
• Exceptional Customer Service: The bank's unwavering commitment to customer satisfaction ensures a personalized and positive banking experience.
• Comprehensive Banking Solutions: The bank's wide array of banking products and services meets the diverse needs of individuals, businesses, and organizations.
• Community Involvement: The bank's deep-rooted connection to the community fosters a sense of belonging and shared prosperity.

Comparing Cornerstone Bank to Other Local Banks

Common Mistakes to Avoid When Choosing a Bank

• Overemphasizing Interest Rates: While interest rates are important, they should not be the sole determinant when selecting a bank. Consider the overall financial stability, customer service, and banking solutions offered.
• Ignoring Hidden Fees: Read bank disclosures carefully to avoid hidden fees that can erode your returns.
• Choosing a Bank Based on Convenience: While proximity is important, it should not outweigh other factors such as financial security and customer satisfaction.
• Banking with Multiple Institutions: Avoid unnecessary complexity and fees by consolidating your banking needs with a single reliable institution.

Call to Action

If you seek a financial partner that provides unwavering stability, exceptional customer service, and banking solutions tailored to your unique needs, look no further than Cornerstone Bank. Visit any of our convenient branches in Lexington, VA, or contact our dedicated customer service team today. Together, let's build a solid financial future for you, your business, and our vibrant community.

Appendix: Useful Tables

Table 1: Cornerstone Bank's Financial Performance

Table 2: Personal Banking Services Offered by Cornerstone Bank

Table 3: Business Banking Services Offered by Cornerstone Bank