Individuals, companies and nonprofit organizations can receive competitive rates on their investments and help Shorebank increase economic wealth in our Priority Neighborhoods with Development Deposits which can be established through checking, savings, money market or Certificate of Deposit (CD) accounts. Jumbo CD accounts ($98,000 or more) are our most popular Development Deposit products.

Customers who accept below-market rates of return on their Development Deposits or foundations that contribute all or a portion of the interest earned on their Development Deposits help us fulfill our mission.

For more information about Development Deposits contact:

Melba Jackson
Director of Development Deposits & Communications
Phone: (216) 681-8901
Fax: (216) 268-6107
E-mail: melba_jackson@sbk.com