What are the current interest rates at Cornerstone Bank Spencer, MA?

Current rates for Cornerstone Bank Spencer, MA include: 12-Month CD: 2.00%, 18-Month CD: 3.50%, 24-Month CD: 2.00%, Savings: 0.25%

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Cornerstone Bank Spencer, MA

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Cornerstone Bank Spencer, MA Rates & Review October 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Cornerstone Bank Spencer, MA provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: October 12, 2026

Cornerstone Bank Spencer, MA's top rates as of October 12, 2026 are 3.65% APY on its 8-Month Certificate, 0.25% APY on savings, and 0.02% APY on checking, according to rates verified by MonitorBankRates. Other Cornerstone Bank Spencer, MA CD rates include 18-Month Certificate at 3.50%, 6-Month Certificate at 2.90%, and 12-Month Certificate at 2.00%. MonitorBankRates evaluates the financial stability of Cornerstone Bank Spencer, MA with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 2.94%. Rates last updated and verified on 10/12/2026.

Cornerstone Bank Spencer, MA money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Cornerstone Bank Spencer, MA? Share your experience about Cornerstone Bank Spencer, MA by leaving a review below, or read customer reviews before you decide to use Cornerstone Bank Spencer, MA.

Verified Healthy Q2 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 99/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

2.94%

Excellent Lower than avg

Health Trend

Improving 12 quarters

Full history ›

Cornerstone Bank

176 Main St
Spencer, MA 01562

https://www.cornerstonebank.com

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Financial health data as of Q2 2026 (FDIC call report for the quarter ended June 30, 2026). This is the most recent call report available. The FDIC publishes bank call reports about eight weeks after each quarter ends.

Cornerstone Bank Spencer, MA CD Rates

Product	Rate	APY	Term
8 Month Certificate	3.65%	3.65%	8 Month
Min Deposit $500 Min Balance $0 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 3.65% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%
18 Month Certificate	3.44%	3.50%	18 Month
Min Deposit $500 Min Balance $0 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 3.50% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%
6 Month Certificate	2.90%	2.90%	6 Month
Min Deposit $500 Min Balance $0 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 2.90% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%
12 Month Certificate	1.98%	2.00%	12 Month
Min Deposit $500 Min Balance $0 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 2.00% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%
24 Month Certificate	1.98%	2.00%	24 Month
Min Deposit $500 Min Balance $0 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 2.00% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%

Cornerstone Bank Spencer, MA Savings Rates

Product	Rate	APY
IRA Savings	0.25%	0.25%
Min Deposit $50 Min Balance $0 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 0.25% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%
Premier Savings	0.10%	0.10%
Min Deposit $10 Min Balance $10 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 0.10% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%
Statement Savings	0.05%	0.05%
Min Deposit $10 Min Balance $10 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 0.05% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%

Cornerstone Bank Spencer, MA Checking Rates

Product	Rate	APY	View More
Premier Checking	0.02%	0.02%
Min Deposit $25 Min Balance $10 Last Updated 10/12/2026 Rate History No change since Sep 24, 2026 · 0.02% APY · checked 6 times Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 2.94%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Cornerstone Bank Spencer, MA’s Texas Ratio fell from 5.59% in Q3 2023 to 2.94% in Q2 2026, so its financial health has improved and is now very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$2.6B	2.94%	5.0	A+
March 31, 2026	$2.4B	2.92%	5.0	A+
December 31, 2025	$1.8B	3.65%	5.0	A+
September 30, 2025	$1.8B	4.54%	5.0	A+
June 30, 2025	$1.7B	4.62%	5.0	A+
March 31, 2025	$1.7B	2.30%	5.0	A+
December 31, 2024	$1.7B	1.57%	5.0	A+
September 30, 2024	$1.6B	2.73%	5.0	A+
June 30, 2024	$1.6B	1.77%	5.0	A+
March 31, 2024	$1.6B	2.33%	5.0	A+
December 31, 2023	$1.6B	2.18%	5.0	A+
September 30, 2023	$1.6B	5.59%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Cornerstone Bank Spencer, MA is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Cornerstone Bank Spencer, MA rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Cornerstone Bank Spencer, MA's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Cornerstone Bank Spencer, MA

Bank Holding Company PEOPLESBANCORP MHC

Address 176 Main St, Spencer, MA 01562 · Worcester

Website https://www.cornerstonebank.com

FDIC Certificate # 90282

Established 18710405

FDIC Insurance Date 19850708

Domestic Offices 17

Total Branches 17

Regulator FED

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 99/100

5.0

Exceptional Out of 5.0 Stars

2.94%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.6318%

Return on Equity (ROE) 6.9600%

Non-Performing Loans (NPL) 0.26%

Total Assets $2,574,340,000

Total Deposits $1,937,408,000

Equity Capital $227,459,000

Net Income $7,150,000

Headquarters Spencer

Total Branches and Offices 17

Source: FDIC | Last Updated 06/30/2026

Q2 2026 MBR Health & Safety Badge

Cornerstone Bank Spencer, MA earned the Verified Healthy badge

Display this badge on your website to show visitors your Q2 2026 MonitorBankRates recognition. The badge links back to this profile page for independent verification.

Copy the HTML below and paste it into your website where you’d like the badge to appear. The badge image is hosted on MonitorBankRates, so there is no need to download or upload anything. Badges are re-tested every quarter; when a new quarter is published, come back to this page for the updated code.

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Customer Reviews

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Frequently Asked Questions About Cornerstone Bank Spencer, MA

How many branches does Cornerstone Bank Spencer, MA operate?

Cornerstone Bank Spencer, MA currently maintains approximately 17 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Cornerstone Bank Spencer, MA does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Cornerstone Bank Spencer, MA provides members with tools to manage their accounts and build a solid financial history.

Does Cornerstone Bank Spencer, MA offer online and mobile banking?

Most modern institutions like Cornerstone Bank Spencer, MA provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.cornerstonebank.com.