Shore Bank is offering two competitive CD rates: 2.10% APY for an 13-month term and a 2.36% APY for an 19-month term. Minimum deposit is $500. These rates are listed in both the bank's Maryland rates page and Virginia rates page as of 11/12/2009.
It appears a branch visit is required to open an account. Branches are located on the Eastern Shores of Virginia and Maryland.
The bank's ratings for safety and soundness are mixed: 4 stars (excellent) at BauerFinancial and 2 stars (below peer group) at Bankrate.com. Both ratings are based on 6/30/09 financial data. The bank has been a FDIC member since 1962 (FDIC Certificate # 31294).
Other Competitive Certificate of Deposit Rates