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Mission and Values

Since its inception in 1973, ShoreBank has been a pioneer.

In those days of officially sanctioned discrimination on the basis of race and income, ShoreBank was created to demonstrate that a regulated bank could be instrumental in revitalizing the communities being avoided by other financial institutions.

In 2000, ShoreBank expanded its focus to include environmental issues, believing that communities cannot achieve true prosperity without also attaining environmental well-being.

ShoreBank's unique purpose is evident in its mission statement and corporate values:

MISSION
ShoreBank invests in people and their communities to create economic equity and a healthy environment.

CORPORATE VALUES
All of ShoreBank's leaders and employees are expected to demonstrate the following values in their daily activities and decision-making:

Integrity and Excellence
  • We deliver on our promises.
  • We are honest in everything we do.
  • We provide superior execution and exceptional customer service.
Respect and Inclusion
  • Our leadership, workforce and decision-making reflect and respect the diversity of customers and communities we serve.
  • We value all employees, investing in their personal and professional growth.
  • We encourage employees to express themselves and be active partners in making ShoreBank an outstanding organization that creates social and environmental change.
Collaborative and Local
  • We integrate services and share knowledge across affiliates to provide maximum benefit to the customers and communities we serve.
  • We value and rely on partnerships with others who share our goals.
  • We make decisions close to the customer, based upon deep understanding of customers and local markets.
Triple Bottom Line
  • We strive to meet three objectives simultaneously: building wealth for all in economically integrated communities, promoting environmental health and operating profitably.
Innovation
  • We do not accept the world as it is – we recognize value where others may not.  We create practical new tools that increase economic equity and produce a healthier environment.

FDIC NOTICE:

ShoreBank is participating in the FDIC's Transaction Account Guarantee Program.  Under the program, through June 30, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  General FDIC coverage for deposit accounts has also been increased to $250,000 per depositor through December 31, 2013.

Mission and Values

History

Community Impact and Conservation

Socially Responsible Investing
 
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