All branch lobbies are closed to member use, but drive-thrus remain operational. Learn more about remote banking, financial assistance related to COVID-19, or a special Tornado Relief Loan.

April 4th, 2020

Member Assistance for Those Affected by COVID-19 (Coronavirus)

We are in unprecedented times. With the ongoing spread of COVID-19 (coronavirus) and the incredible speed at which things are changing around us, we are continually adapting our operations and business. We understand that our members may experience disruptions in their workplaces that could result in lost wages or the inability to handle normal day-to-day finances. We are meeting regularly to address these issues and have identified products/services to help our members if needed:

COVID-19 Assistance Loans*

We have created a low-rate short-term loan for members who demonstrate a loss of wages due to the virus.

  • Amounts up to $2,500
  • 4.99% APR Fixed
  • Terms up to 30 months
  • 90 days before 1st payment

Apply Here

Loan Consolidation

We have several ways to consolidate your debt into more manageable payments and terms such as Consolidation Loans, credit cards and equity products.

Skip Your Loan Payment

Many of our members are eligible to skip their usual loan payments to help get through difficult times. During this crisis, we’ve added an additional skip pay for eligible loan members at a reduced fee to assist members. Check Online or Mobile Banking to see if your loan is eligible.

Loan Extensions and Modifications

In many instances, we can work with you to adjust terms of your consumer loan.

Penalty-Free Early Withdrawal on Certificate Accounts

We typically charge a penalty when a Certificate Account is withdrawn prior to the maturity date. We are waiving this penalty as we know members may need quick access to their funds during this time.

Business Relief Loan Information

Coronavirus (COVID-19) small business relief loans are processed through the Small Business Administration (SBA).  Cornerstone is not an SBA lender.  For information and a list of SBA lenders, please access

GreenPath Financial Wellness

We are partners with GreenPath, a national non-profit focused on financial wellness for everyone. In addition to the articles and information you find on GreenPath’s website, they are also a credit and financial counseling company that offers services and information free to Cornerstone members.

For information on our response to the virus outbreak and ways to conduct business remotely, please click here.

We encourage our members to remain vigilant in these turbulent times. We are your financial partner and we will continue to assess this ongoing situation. If you have a unique situation, please reach out to us at 615-385-6866 or contact us at


*Loans subject to credit approval. Rates and terms subject to change.