Cornerstone Community Federal Credit Union

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A short history of Cornerstone Community FCU

Since its inception in 1957 the Cornerstone Community Federal Credit Union has been serving its members in the LOCKPORT, New York area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Ann Hood, the Cornerstone Community FCU has grown its membership to over 48,452 with assets of more than $425,747,674. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (716) 434-2290 or email them at info@cornerstonecommunityfcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LOCKPORT, NY.

General Information For Cornerstone Community FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 11723
Address PO BOX 830 
City LOCKPORT 
State New York 
Zip-Code 14095
Phone Number (716) 434-2290
Fax Number (716) 434-8297
Email Address: info@cornerstonecommunityfcu.org
CEO/President Ann Hood
Members 48,452 
Full-Time Employees 109 
Part-Time Employees
Number of Branch Offices
Total Assets 425,747,674 
Website http://CornerstoneCommunityFCU.org 

Compare Cornerstone Community Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Lockport Schools CU Lockport Schools FCU 360 S Transit St 14094 (716) 433-7740 No 0.94
Ontario Shores CU Ontario Shores FCU Medina 4200 Salt Works Rd 14103 (585) 798-2136 No 7.22
Alliance Niagara CU NCCC - Main office 3111 Saunders Settlement Rd 14132 (716) 614-6445 No 9.41
Sweet Home CU Corporate Office 1960 Sweet Home Rd 14228 (716) 691-9187 No 10.91
Williamsville CU Willimsville FCU 656 N French Rd Ste 7 14228 (716) 691-3110 No 10.91

Cornerstone Community Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Cornerstone Community Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.90 2.00 2.00 3.38 3.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 35 22 59 38
Rank Among All New York Credit Unions 41 13 8 15 12

Cornerstone Community Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.15 0.50 0.50
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 124 263 227
Rank Among All New York Credit Unions 19 38 36 66 58
Cornerstone Community Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9007,36915,565,282
All Other Unsecured Loans/Lines of Credit 8.9905,37710,710,671
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.0002301,980,938
New Vehicle Loans 2.00049210,434,120
Used Vehicle Loans 2.0007,64466,888,669
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.38035724,116,877
Total Other Real Estate Loans/Lines of Credit 3.2501,39060,557,807
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.9902,89148,479,079
TOTAL LOANS & LEASES 25,750238,733,443

Cornerstone Community Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 12911,911,6323361,200
    b. 15 Years or less 22812,205,2453291,000
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 1,03549,990,45712510,130,651
Closed-End Adjustable Rate 4264,92000
Open-End Adjustable Rate 35110,302,430181,194,465
Open-End Fixed Rate 0000
TOTALS 1,74784,674,68414911,977,316

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Cornerstone Community Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes