Cornerstone Financial Corp. Stock Analysis CFIC

Cornerstone Financial Corp. operates as a bank holding company, which engages in the provision of a broad range of deposit and loan products and banking services, including personal and business checking accounts, individual retirement accounts, business money market accounts, certificates of deposit, wire transfers, automated teller services, night depository and drive-through banking. The company is headquartered in Mount Laurel, New Jersey. The Bank is a state-chartered bank, which offers a variety of traditional commercial banking products and services to small and medium-sized businesses, local professionals and individuals, throughout Burlington, Camden and Gloucester counties in New Jersey. The Bank offers personal banking and business banking services. The personal banking services include checking, savings, CD/IRA, residential mortgage, debit card, mobile banking and online banking. The business banking services include checking, savings, CD'S, business lending, debit card, mobile banking, online banking, remote deposit and cash management services. Its commercial loans include short and long-term loans and commercial lines of credit for the purposes of providing working capital, supporting accounts receivable, purchasing inventory and acquiring fixed assets. Its consumer loans include installment loans and home equity loans.