2.36% 18-Month CD at Shore Bank in VA & MD - Local Only

Comments (2)
Nov 12, 2009 - 4:18 PM by Ken Tumin

Shore Bank
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

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Shore Bank
Locations: 8   Health Rating: 		 


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Anonymous

Anonymous - #1, Thursday, November 12, 2009 - 8:34 PM

I know a former coworker who grew up in the Tidewater region. Not a place where I would like to leave my money around.


1
Anonymous

Anonymous - #2, Friday, November 13, 2009 - 8:35 AM

It's FDIC insured...who really cares?


1

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