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Cornerstone Bancorp - Company Profile Snapshot

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Company Profile: Cornerstone Bancorp
Ticker: CTOT
Exchanges: OTC
2008 Sales: 10,084,000
Major Industry: Financial
Sub Industry: Commercial Banks
Country: UNITED STATES
Employees: 38

Business Description
Cornerstone Bancorp. The Group's principal activity is the provision of general banking services. The Group offers the services in its capacity as a holding company for the Cornerstone National Bank. The primary market areas are in the city of Easley, South Carolina and the surrounding areas of Pickens County and Greenville County. The Group accepts savings accounts, retirement accounts including Individual Retirement Accounts, checking accounts, money market accounts and time certificates of deposit. It makes commercial, real estate and installment loans to borrowers in the Upstate of South Carolina and makes other authorized investments. Consumer services include both VISA and MasterCard brands of bankcards together with related lines of credit, traveler's checks, direct deposit of payroll and social security checks and automatic drafts for various accounts.

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