Get Personal Financial Statement - Cornerstone Bank

Filling out the Personal Financial Statement is a crucial step in managing your financial information. This guide aims to provide clear, step-by-step instructions on how to complete the form online, ensuring that users of all experience levels can navigate the process with confidence.

Follow the steps to successfully fill out the Personal Financial Statement.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin with Section 1, which requests applicant information. Enter your name, date of birth, social security number, residence address, city, state, zip code, position or occupation, number of years in that position, and employer name. Also, provide your residence phone number.
3. Proceed to Section 2 for co-applicant information. Fill in similar details as you did for the applicant, including their name, date of birth, social security number, address, and occupation information.
4. Next, you will provide your income details for the year ended. Specify your salary, bonuses, commissions, rental income, and any other income sources for both the applicant and co-applicant. Additionally, indicate if there are any contingent liabilities and describe them.
5. In Section 3, state your financial condition as of the specified date. Clearly mark whether each asset or liability applies to the applicant, co-applicant, or is jointly held. Include total amounts for assets and liabilities, and calculate your net worth.
6. You will then complete the detailed schedules (A to J) for different categories of assets and liabilities. For each schedule, provide the required information such as account types, balances, descriptions of personal property, and details on liabilities.
7. Review the section on representations and warranties. Understand that the information you provide will be relied upon by CornerStone Bank to assess your creditworthiness.
8. Finally, ensure that you have signed and dated the document. Save changes to the form, and you can then download, print, or share the completed Personal Financial Statement as necessary.

Complete all documents online to streamline your financial management process.