Mcdowell Cornerstone Credit Union

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A short history of Mcdowell Cornerstone CU

Since its inception in 1967 the Mcdowell Cornerstone Credit Union has been serving its members in the MARION, North Carolina 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 Amy JOHNSON, the Mcdowell Cornerstone CU has grown its membership to over 3,010 with assets of more than $27,378,800. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (828) 652-4141 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 MARION, NC.

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

Charter Number 60149
Address PO BOX 519 
State North Carolina 
Zip-Code 28752
Phone Number (828) 652-4141
Fax Number (828) 652-9343
Email Address:
CEO/President Amy JOHNSON
Members 3,010 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 27,378,800 

Compare Mcdowell Cornerstone Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Oteen V. A. CU VA Hospital 1100 Tunnel Rd Unit 24 28805 (828) 298-8521 No 26.61

Mcdowell Cornerstone Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Mcdowell 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 7.45 7.95 4.95 6.13
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 564 626 263 355
Rank Among All North Carolina Credit Unions N/A 50 48 25 21

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.18 N/A 0.45 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 111 N/A 274 158
Rank Among All North Carolina Credit Unions N/A 11 N/A 28 9
Mcdowell 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 12.750320667,066
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 7.45019333,861
Used Vehicle Loans 7.9501621,510,150
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.9501558,988,265
Total Other Real Estate Loans/Lines of Credit 6.13035530,095
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.25045311,209
TOTAL LOANS & LEASES 73612,340,646

Mcdowell 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 0000
    b. 15 Years or less 17722,2182292,800
    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 1388,266,0474436,200


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 762,14300
Open-End Adjustable Rate 28467,952322,200
Open-End Fixed Rate 0000
TOTALS 1909,518,3609751,200


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

Mcdowell Cornerstone Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
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 No
Home Banking Via Internet Website Yes