Cornerstone Credit Union

  • +1

A short history of Cornerstone CU

Since its inception in 1939 the Cornerstone Credit Union has been serving its members in the Freeport, Illinois 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 Gail Clore, the Cornerstone CU has grown its membership to over 13,788 with assets of more than $111,838,779. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (815) 235-5855 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Freeport, IL.

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

Charter Number 60189
Address 550 W Meadows Dr 
City Freeport 
State Illinois 
Zip-Code 61032
Phone Number (815) 235-5855
Fax Number (815) 235-5970
Email Address:
CEO/President Gail Clore
Members 13,788 
Full-Time Employees 44 
Part-Time Employees
Number of Branch Offices
Total Assets 111,838,779 

Compare Cornerstone Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Milledgeville Community CU Milledgeville Community Credit Union 334 N Main Ave 61051 (815) 225-7617 No 26.03
Rockford Municipal Employes CU Main Office 634 N Church St 61103 (815) 316-4655 No 27.77
Swedish American CU SwedishAmerican Federal Credit Union 1401 E State St 61104 (815) 489-4096 No 28.86
Linxus CU Rockford Postal ECU 1405 W Lane Rd Ste A 61115 (815) 282-8711 No 29.30
Rock Valley CU Loves Park 1201 Clifford Ave 61111 (815) 877-0441 No 30.00

Cornerstone Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Cornerstone 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 N/A 5.79 5.79 4.38 7.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 470 420 191 467
Rank Among All Illinois Credit Unions N/A 102 95 36 66

Cornerstone Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.15 0.94 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 124 184 158
Rank Among All Illinois Credit Unions N/A 34 24 28 19
Cornerstone Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 16.5002,1815,493,578
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.7901,01215,457,397
Used Vehicle Loans 5.7903,12332,681,572
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.3802327,420,511
Total Other Real Estate Loans/Lines of Credit 7.7501193,522,661
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.4904226,246,411
TOTAL LOANS & LEASES 7,08970,822,130

Cornerstone Credit Union Real Estate Loans and Lines of Credit


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 291,441,1421190,000
    b. 15 Years or less 331,536,6305322,000
    a. > 15 years 311,367,55400
    b. 15 Years or less 134,54100
Other Fixed Rate 851,631,1565165,011
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 531,409,488374,154


Closed-End Fixed Rate 772,785,67212666,200
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 42736,989230,337
Open-End Fixed Rate 0000
TOTALS 35110,943,172281,447,702


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

Cornerstone Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
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 No
No Surcharge ATMs No
Home Banking Via Internet Website Yes