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ShoreBank

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Locations
Chicago
Detroit
Cleveland
Michigan's Upper Peninsula
Portland, Oregon
Coastal Oregon & Washington
Washington D.C.

International

Important
Information
ShoreBank will never ask you to verify financial or personal information via unsolicited email or telephone call.

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Fast Facts

Financial Performance:

$2.4 billion in total assets as of 12/31/2007

Earnings of $4.2 million in 2007

Community Development and Conservation Performance:

$3.3 billion invested cumulatively in priority communities, which are selected communities having median incomes and housing values less than the regional or state median.
Retained 12,000 jobs in its priority communities.
Financed the renovation and/or purchase of over 57,000 residences.
$415 million in community development loans made in 2007.
$185 million in conservation loans made in 2007.
$40 million in loans to faith-based organizations in 2007.

ShoreBank Employees

578 employees throughout the U.S. and internationally.

56% are African American.

54% of middle managers, 43% of senior managers and 28% of executives are minorities.

53% of middle managers; 54% of senior managers; and 30% of executives are women.

ShoreBank Investors
Shareholders in ShoreBank include financial institutions, foundations, insurance companies, major corporations and individuals.

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.

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