Advertising Disclosure

Community Shores Bank


Overview / Commentary
231-780-1800
1030 West Norton Avenue
Muskegon, MI 49441

Community Shores Bank is headquartered in Muskegon and is the 61st largest bank in the state of Michigan. It is also the 2,909th largest bank in the nation. It was established in 1999 and as of March of 2019, it had grown to 63 employees at 4 locations. Community Shores Bank's CD rates are 2X the national average, and it has a B+ health rating.

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+

Health Grade Components

Overall
FDIC Certificate #34944
Year Established1999
Employees63
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.51%
Return on Equity - YTD5.32%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$199.7MM$194.2MM
LoansQ1 2019vs Q1 2018$151.8MM$141.7MM
DepositsQ1 2019vs Q1 2018$180.7MM$176.5MM
Equity CapitalQ1 2019vs Q1 2018$18.4MM$17.2MM
Loan Loss AllowanceQ1 2019vs Q1 2018$1.8MM$1.9MM
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$2.0MM$2.3MM
Real Estate OwnedQ1 2019vs Q1 2018$798.00K$1.2MM
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Community Shores Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Community Shores Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$10k*-Health Savings Account
OTHER TIERS: 0.10% $1 - $1k | 0.15% $1k - $2.5k | 0.25% $2.5k - $5k | 0.30% $5k - $10k
0.15%*$25k*-Community Savings
OTHER TIERS: 0.10% $1 - $25k

Community Shores Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$100k*-Premium Money Market
OTHER TIERS: 0.15% $1 - $15k | 0.25% $15k - $50k | 0.55% $50k - $100k
0.25%*$25k*-Community Money Market
OTHER TIERS: 0.15% $1 - $25k

Community Shores Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$50k*-Community Club Checking
OTHER TIERS: 0.10% $1 - $10k | 0.15% $10k - $25k | 0.25% $25k - $50k

Community Shores Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$1k-24 Month CD Special
2.40%$1k-18 Month CD Special
2.00%$1k-12 Month CD Special
1.10%$1k-48-60 Month CD
0.90%$1k-36-47 Month CD
0.75%$1k-24-35 Month CD
0.55%$1k-18-23 Month CD
0.45%$1k-12-17 Month CD
0.20%$1k-6-11 Month CD
0.10%$1k-0-5 Month CD

Community Shores Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.75%$250-24 Month IRA Special
2.40%$250-18 Month IRA Special
2.00%$250-12 Month IRA Special
1.10%$250-48-60 Month IRA
0.90%$250-36-47 Month IRA
0.75%$250-24-35 Month IRA
0.55%$250-18-23 Month IRA
0.45%$250-12-17 Month IRA
0.20%$250-6-11 Month IRA
0.10%$250-0-5 Month IRA
Locations


Community Shores Bank Locations
Community Shores Bank1030 West Norton AvenueMuskegon, MI 49441
Grand Haven Branch1120 South Beacon BoulevardGrand Haven, MI 49417
North Muskegon Branch180 North CausewayNorth Muskegon, MI 49445
Harvey Street Branch5797 Harvey StreetMuskegon, MI 49444

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.