Cornerstone Financial Credit Union

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A short history of Cornerstone Financial CU

Since its inception in 1962 the Cornerstone Financial Credit Union has been serving its members in the Nashville, Tennessee 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 Joe Spivey, the Cornerstone Financial CU has grown its membership to over 36,201 with assets of more than $333,788,390. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (615) 385-1616 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 Nashville, TN.

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

Charter Number 67972
Address P.O. Box 120729 
City Nashville 
State Tennessee 
Zip-Code 37212
Phone Number (615) 385-1616
Fax Number (615) 385-6845
Email Address:
CEO/President Joe Spivey
Members 36,201 
Full-Time Employees 95 
Part-Time Employees 11 
Number of Branch Offices
Total Assets 333,788,390 

Compare Cornerstone Financial Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Vanderbilt University Employees CU Vanderbilt University Employees Credit Union 1313 21st Ave S 37212 (615) 936-0300 No 0.76
Life CU Life Credit Union 2010 Church St Ste 204 37203 (615) 284-5356 No 1.46
The Tennessee Credit Union CU WEST BRANCH 107 WHITE BRIDGE PIKE 37209 (615) 352-1544 No 1.47
Electric Service CU Electric Service 1214 Church St Ste 100 37214 (615) 687-4801 No 1.97
Parthenon CU Parthenon Federal Credit Union 2204 Rosa L Parks Blvd 37228 (615) 749-6461 No 2.11

Cornerstone Financial Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Cornerstone Financial 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 9.15 2.40 2.50 3.38 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 169 72 52 58 56
Rank Among All Tennessee Credit Unions 15 16 4 11 4

Cornerstone Financial Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.15 0.45 0.15
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 119 124 274 276
Rank Among All Tennessee Credit Unions N/A 14 20 37 43
Cornerstone Financial Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.1507,71315,527,086
All Other Unsecured Loans/Lines of Credit 8.7506,22314,216,060
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.4001,69337,722,199
Used Vehicle Loans 2.5007,790114,986,776
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.38071460,562,165
Total Other Real Estate Loans/Lines of Credit 3.50047613,068,926
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.7503493,626,532
TOTAL LOANS & LEASES 24,958259,709,744

Cornerstone Financial 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 0000
    b. 15 Years or less 28620,246,748416,837,764
    a. > 15 years 16825,715,1834907,457
    b. 15 Years or less 65,320,26244,401,300
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 2549,279,972211,758,000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 15209,13700
Closed-End Adjustable Rate 374,23200
Open-End Adjustable Rate 45812,785,557593,253,887
Open-End Fixed Rate 0000
TOTALS 1,19073,631,09112917,158,408


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 Financial 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 No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes