Shorebank began serving our Cleveland neighbors in 1994 with an integrated approach to real estate lending, small business finance, and entrepreneurial services.

Over the past seven years, we have provided a wide array of banking services for more than 500 customers and invested $75 million in our city's neighborhoods and entrepreneurs. The $46 million invested in deposits has enabled borrowers to produce over 1400 units of new or rehabilitated urban housing which has made home ownership possible for hundreds of low- and middle-income Clevelanders. Ninety percent of our real estate loans have been made in our eight priority neighborhoods located in the upper east side of Cleveland.

We have further demonstrated our commitment to our neighbors by investing more than $3 million in higher-risk loans for locally-owned and operated businesses of all types and sizes. Three-fourths of our business loans have been made to companies and entrepreneurs in Cleveland.

Shorebank Enterprise Group has helped dozens of businesses design and implement realistic business plans, market their products and services to new customers, increase sales revenue, and find experienced partners who can help turn their business plans into profits that can be reinvested in our city. These local businesses are now becoming employers in our neighborhoods.

View the company's organizational chart.