Sharing
the conviction that social justice, linked with proven business
principles, can enhance a community, Milton Davis, James Fletcher,
Ronald Grzywinski, and Mary Houghton bought South Shore Bank
on Chicago's South Side in 1973. Their innovative enterprise
became the nation's first community development bank.
Beginning
in the late 1980s, Shorebank began to replicate its unique
banking approach which was built on traditional banking services
complemented with customized business services, entrepreneurial
assistance, and neighborhood revitalization programs. Shorebank
now operates in Cleveland, Detroit, the Upper Peninsula of
Michigan, and the Pacific Northwest.
In
addition, Shorebank Capital Corporation is a minority venture
capital fund that serves companies throughout the country.
Shorebank
Advisory Services helps clients across the U.S. and throughout
the world, including clients in Azerbaijan, Armenia, Bangladesh,
Georgia, India, Jordan, Kenya, Mexico, Nicaragua, Northern
Ireland, and Romania.
Related
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Shorebank
Corporation
ShoreBank
Shorebank
Advisory Services
ShoreBank
Pacific
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