Rates with Shore Community Bank

Rates

At Shore Community Bank, we offer competitive rates across our entire line of products. Click on a link to the right to view the rate for a specific product line.	Residential Mortgages Home Equity Loans Personal Loans Deposit Products
Click here for our Current Special!

Residential Mortgage Rates

Term		0 pts		1 pt		2 pts
		Rate	APR	Rate	APR	Rate	APR
30 Year Fixed	Conforming	6.250%	6.340%	6.000%	6.184%	5.750%	6.026%
	Jumbo	6.750%	6.772%	6.500%	6.619%	6.250%	6.464%
15 Year Fixed	Conforming	6.000%	6.148%	5.750%	6.055%	5.500%	5.962%
	Jumbo	6.500%	6.535%	6.250%	6.444%	6.000%	6.353%
5 Year ARM	Conforming	6.500%	7.043%	6.250%	7.116%	6.000%	7.190%
	Jumbo	6.500%	6.673%	6.250%	6.667%	6.000%	6.662%
3 Year ARM	Conforming	6.500%	6.816%	6.250%	6.890%	6.000%	6.964%
	Jumbo	6.500%	6.748%	6.250%	6.821%	6.000%	6.894%
Monthly MTA ARM	Up to 1.5M	1.250%	4.210%	1.25%	4.048%	1.25%	3.763%
	Margin	2.750%	-	2.50%	-	2.15%	-
NOTES:	Now offering 40-Year Fixed Rate Mortgages. Call for Rates. Conforming Loans are up to $417,000.00; Jumbo Loans are over $417,000.00. Rates can be locked for 60 days. All rates effective as of: May 16, 2008 All rates subject to change without notice. Payment Example: $100,000 conforming 30 year mortgage priced at 6.25% with 0 points results in monthly principal and interest of $615.72.

Home Equity Loan/Line Rates

5 Year Term	5.25%
10 Year Term	5.50%
15 Year Term	5.75%
20 Year Term	6.00%
Home Equity Lines of Credit	WSJ Prime Floating
NOTES: Minimum loan $5000; No fees or closing costs. Terms available: 5 years, 10 years, 15 years, and 20 years with monthly loan payments of principal and interest fixed. Payment example: 5 year loan at 5.25% of $10,000 results in a monthly payment of $ 189.86 principal and interest. Maximum loan to value ratio = 75%. Homeowner's Insurance required on all loans, flood insurance required when necessary. The Annual Percentage Rate (APR) on the Home Equity Line of Credit may vary. Monthly payment on the Home Equity Line of Credit based on 1/240th of principal plus interest. Payment example: $50,000 Line (WSJ Prime of 5.00%) = $420.66 principal and interest per month. Maximum rate = 16%. Minimum payment $100.00 per month.

All rates effective as of May 16, 2008

Personal Loan Rates

Auto Loans

NEW AUTO

USED AUTO

36 Months	5.75%
48 Months	6.00%
60 Months	6.00%

36 Months	7.00%
48 Months	7.25%
60 Months	7.50%

All rates effective as of: May 16, 2008

Personal Unsecured Loans

1 to 5 years

11.75%

11.75% APR

NOTES: Maximum auto loan amount limited to NADA 'loan value'. Insurance required. Terms available for auto loans: 36 months, 48 months, or 60 months.
Payment example: $10,000 new car loan for 36 months priced at 5.75% results in a fixed monthly payment of $303.14 principal and interest. Interest rate on personal loan may vary.
Personal loan maximum = $20,000. Terms available for Personal loans: 36 months, 48 months, or 60 months.

Deposit Rates

Product

Rate

APY

Min. Bal

Fees

Reg. Personal Checking

NJ Consumer Checking

$3.00

Business Checking

$500.00

$7.50

Interest Checking

Product

Rate

APY

Min. Bal

Fees

Senior Checking 55 & Over

.50%

$2,500

NOW*

0.50%

.50%

$500

$10.00

Super NOW *

$0.01 -$9,999.99

0.50%

.50%

$500

$10.00

$10,000 & over

1.00%

$50,000 & over

1.25%

*minimum balance of $500 to avoid a $10 monthly service charge Min Bal to obtain APY $ 0.01 Fees could reduce earnings.

Compass High-Yield*

Learn More

$ .01-$ 9,999.99

.50%

$5,000

$15.00

$ 10,000 & over

1.25%

$ 25,000 & over

1.49%

1.50%

$ 50,000 & over

1.99%

2.00%

*minimum balance of $5,000 to avoid a $15 monthly service charge Min Bal to obtain APY $ 0.01 Fees could reduce earnings.

Money Market Personal/Business

Product

Rate

APY

Min. Bal

Fees

Beacon Money Market

2,500 - 9,999.99

.50%

10,000 - 24,999.99

1.49%

1.50%

25,000 - 49,999.99

1.74%

1.75%

50,000 and over

2.23%

2.25%

Limited to 6 pre-authorized withdrawals, 3 may be checks
Min. Bal to obtain APY $2,500.00

Savings Personal/Business

Product

Rate

APY

Min. Bal

Fees

Passbook Savings

.50%

$100

$1.00

Statement Savings

.50%

$100

$1.00

Optional - minor/custodian accounts the fee is waived

Holiday Club

1.25%

Lamplighter Savings
*minimum balance of $500 to avoid a $10 monthly service charge

Deposit Value*	Rate	APY
$1.00 - $2,499.99	0.50%	0.50%
$2,500.00 - $9,999.99	0.50%	0.50% - 0.50%
$10,000.00 - $24,999.99	1.50%	0.50% - 1.10%
$25,000.00 - $49,999.99	1.75%	1.10% - 1.43%
$50,000.00 - & over	2.25%	1.43% - 2.26%

Surf Savings Learn More
*minimum balance of $500 to avoid a $10 monthly service charge. * Min Bal to obtain APY $0.01

Deposit Value*	Rate	APY
$0.01 - $9,999.99	.0.50%	.0.50%
$10,000.00 - $1,000,000.00	2.25%	0.50% - 2.25%
$1,000,000.01 and over	0.75%	2.25% -.0.90%

Fees could reduce earnings.

Time Deposits Personal/Business

Term

Rate

APY

Min. Bal

3 months

1.98%

2.00%

$500

6 months

2.23%

2.25%

$500

9 months

2.47%

2.50%

$500

12 months

2.47%

2.50%

$500

13 months

2.47%

2.50%

$500

15 months

2.47%

2.50%

$500

18 months

2.71%

2.75%

$500

21 months

2.71%

2.75%

$500

24 months

2.71%

2.75%

$500

30 months

2.96%

3.00%

$500

36 months

2.96%

3.00%

$500

48 months

2.96%

3.00%

$500

60 months

2.96%

3.00%

$500

9 Month Liquid CD

0.50%

$500.00-$ 9,999.99

2.61%

2.65%

$10,000.00 and over

Penalties may apply for early withdrawal. Rules are subject to change. Fees could reduce earnings.

Individual Retirement Accounts Time Deposits

Term

Rate

APY

Min. Bal

Fees

12 months

2.47%

2.50%

$500

none

13 months

2.47%

2.50%

$500

none

15 months

2.47%

2.50%

$500

none

18 months

2.71%

2.75%

$500

none

21 months

2.71%

2.75%

$500

none

24 months

2.71%

2.75%

$500

none

30 months

2.96%

3.00%

$500

none

36 months

2.96%

3.00%

$500

none

48 months

2.96%

3.00%

$500

none

60 months

2.96%

3.00%

$500

none

Penalties may apply for early withdrawal. Rules are subject to change. Fees could reduce earnings.

Rates are subject to change without notice.
All rates effective as of May 16, 2008

Current Special

Rates that will knock
your socks off...

New Money Only. All funds must come from a financial institution other than SCB. Minimum balance to open $500.00 Annual Percentage Yield assumes interest will remain on deposit, withdrawal will reduce earnings. Penalty for early withdrawals. Rates are subject to change without notice.

(1) Interest Rates and annual percentage yields subject to change at manager's discretion.

(2) Interest Rate/APY paid on balance of $10,000 and over

(3) Available for Individual Retirement Account (IRA)

Penalties may apply for early withdrawal. Rules are subject to change.

Premium CD Rates₁

Product Interest Rate₁ APY₁

6 Month CD 2.47% 2.50%

12 Month CD₃ 2.71% 2.75%

24 Month CD₃ 2.96% 3.00%

60 Month CD₃ 3.20% 3.25%

9 Month Liquid CD₂

$10,000 and over 2.61% 2.65%

$ 500 - $ 9,999.99 0.50% 0.50%

Financial Calculators

Please use the links to the right to make use of our array of financial calculators.

Note: Our calculators are provided for estimating purposes only. Contact us for specific quotes.

Mortgage Loans

Personal Loans

Future Value of Deposits

Investment Accounts