Shore United Bank - strong, stable & reliable

March 1, 2017

ass="p1">In a landscape of limited growth for many businesses, Shore United Bank has proven that when building on a solid platform of talented people, focused strategies and investing within their communities, growth is indeed possible. 

Shore United Bank is a full-service community bank a with a rich history dating back to 1876, serving communities in Delaware and Maryland. Shore United Bank was formed by the union of two sister banks, formerly CNB and The Talbot Bank, in July of 2016. Together as one, Shore United Bank offers innovative banking services delivered with the personal touch you expect from a community bank. 

Shore United Bank is a member of the Shore Bancshares community of companies, the largest independent financial services company on the Delmarva Peninsula to offer banking, insurance and investment services to families and businesses. Their community of companies also includes: Wye Financial & Trust, Avon-Dixon Agency, Freestate and Son, Elliott Wilson Insurance (trucking), Jack Martin & Associates (boat & yacht insurance). The bank’s close relationship with its affiliate companies gives their clients resources in wealth management, trust, and insurance not readily available by many of its local competitors. 

The bank’s entrance into the Delaware market came in 2011 (operating under CNB at the time) with the acquisition of The Felton Bank, having branches in Felton, Milford, and Camden. They extended their footprint in January 2015 by opening a new retail branch in Dover. Later that same year, a loan production office was opened in Middletown serving the business community in New Castle County. The strategy for growth continues into 2017 with the announcement of their intent to purchase three branches on the western shore of Maryland, expanding their footprint into Baltimore and Howard counties.

Shore United Bank is in a strong position to serve individuals and businesses by offering lending opportunities to support growth in local communities. In December 2016, the bank was awarded a 5-Star rating by BauerFinancial, Inc. recognizing them as one the strongest financial institutions in the nation for trust, strength, and reliability. “Community banks have held to their deep local roots by offering trademark customer service, lower fees than the big banks and more lending flexibility,” says John Augustus, vice president, and commercial banking officer. “Shore United Bank is rated as one of the healthiest banks on the Delmarva Peninsula, allowing us the flexibility to offer more lending solutions than our nearby competitors.”

Shore United Bank reinvests in their communities unlike money centers and regional banks. The additional capital enables them to position themselves for growth, remain independent, and be a leading banking, insurance, and wealth management services provider on the Delmarva Peninsula. “We have been a partner, neighbor, and friend to our customers for over 130 years,” comments Jennifer Joseph, chief retail banking officer. “We strive to serve our customers well and to make a real difference in their lives.” 

Shore United Bank, combined with their affiliate companies, employs over 300 people across eight counties. In 2016, employees across the Shore Bancshares community of companies volunteered over 17,000 hours, donated more than 3,000 lbs. of food, and supported 275 plus organizations in community development, youth and education, environment and agriculture, and health and human services.   

Shore United Bank has historically played a vital role in both the economic environment and quality of life in their communities and their story highlights the importance this takes in the day to day lives of their employees. Their culture encourages employees to achieve excellence. The bank is focused on developing their employees’ professional and personal growth. They care about people and they care about their employee’s success. They are built around the character of their people and they are also committed to the success of their clients and communities.

Find out how Shore United Bank can help you with your financial goals and what products and services are available by visiting their website, www.ShoreUnitedBank.com. Stop at a branch near you or call 877-758-1600. 

 
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