Company Information

Get to know Shore Bancshares

Shore Bancshares, Inc. is the financial holding company for Shore United Bank, N.A. Following its merger with The Community Financial Corporation in 2023, the company has expanded its footprint and services. Its primary subsidiary, Shore United Bank, provides a comprehensive range of commercial and consumer banking services, including deposit accounts, loans (commercial, real estate, and consumer), and wealth management services. The company is committed to serving the financial needs of its communities, focusing on building long-term relationships with individuals, families, and businesses across the Delmarva Peninsula and the Mid-Atlantic region.

Industry

Financial BankingPRIMARY
Financial Insurance
Financial Other Service

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Shore Bancshares

United States

Founded in

1996 (30 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.