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August 31, 2015 2:41 PM ET

Banks

Company Overview of Shore Bank

Company Overview

Shore Bank operates as a community bank that provides banking products and services for individuals and businesses in Virginia. The company offers checking, savings, overdraft protection, certificates of deposit, and individual retirement accounts (IRA). Its lending portfolio includes real estate/mortgage loans, including home, construction, and lot loans; consumer loans, such as home equity, auto, boat, debt consolidation, and unsecured loans; home equity line of credit; and business loans comprising commercial mortgage, construction, term, single pay, and equipment or vehicle loans, as well as line of credit. The company also provides online and telephone banking, debit and credit cards, r...

25020 Shore Parkway

P. O. Box 920

Onley, VA 23418

United States

Founded in 1961

Phone:

757-787-1335

Fax:

757-789-3745

Key Executives for Shore Bank

Chief Executive Officer, President and Director
Age: 49
Delaware Market President
Senior Vice President and Business Development Officer
Senior Vice President and Director of Marketing
Senior Vice President and Senior Credit Officer
Compensation as of Fiscal Year 2015.

Shore Bank Key Developments

Shore Bank Appoints Sterling Shuman, Jr. as Senior Credit Officer of LPO in Baltimore

Shore Bank has appointed Sterling Shuman, Jr. as senior credit officer of loan production office, or LPO, in Baltimore, Maryland in the US. Shuman has over 37 years of banking experience in the region. Shuman most recently served as Senior Credit Officer at Patapsco Bank of Baltimore. His previous experience included serving as Chief Credit Officer at CFG Community Bank, Regional Credit Officer at Provident Bank, Senior vice president, Credit Officer of the Metro DC Region for Signet Bank of Maryland and Virginia, and vice president, Real Estate Loan Administration for Equitable Bank in Baltimore.

Shore Bank to Open its Third Branch on the Eastern Shore of Maryland in June 2014

Hampton Roads Bankshares Inc., the holding company for The Bank of Hampton Roads (BHR) and Shore Bank (Shore), announced that Shore will open its third branch on the Eastern Shore of Maryland in June 2014. The branch will be located at 9748 Stephen Decatur Highway in Ocean City. This expansion follows the opening of a Loan Production Office (LPO) in West Ocean City in 2012.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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