Why Do Banks Merge? 🤷♀️ If you’ve ever noticed that your bank changed its name or logo or heard about two banks joining together, you’ve likely seen a merger in action.💥 But why do banks choose to merge? Take a look at this article to understand the reasoning behind why banks merge and how it can benefit customers: https://bit.ly/4grdJuw
Shore United Bank
Banking
Easton, Maryland 2,725 followers
Good things are happening here. Member FDIC. Equal Housing Lender.
About us
Member FDIC. Shore United Bank is a full-service community bank with a rich history dating back to 1876. In excess of one billion in assets, we offer innovative financial services delivered with the personal touch you expect from a community bank. We serve a broad geographic area with branches in Maryland, Delaware and Virginia, and we also provide a comprehensive suite of digital banking services that allow you to bank with us no matter where life takes you. In addition to banking, we offer trust and wealth management services through Wye Financial & Trust, a division of Shore United Bank. Together, our team of experienced professionals is dedicated to helping you achieve your financial goals. We encourage you to participate in our conversations, but we ask that you follow our Community Guidelines that you can find here: https://www.shoreunitedbank.com/community-guidelines
- Website
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http://www.shoreunitedbank.com
External link for Shore United Bank
- Industry
- Banking
- Company size
- 201-500 employees
- Headquarters
- Easton, Maryland
- Type
- Public Company
- Founded
- 1876
- Specialties
- Banking, Loans, Savings Accounts, Checking Accounts, Business Banking, and Personal Banking
Locations
Employees at Shore United Bank
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Scott Waskey, CFP®, CTP
Vice President, Commercial Relationship Manager at Shore United Bank
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Ali Vaughan-Nichols
Vault Teller
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Daryl Motley
Executive Vice President, Treasurer & Controller at Shore United Bank
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John Lamon
Director of Business Development at Ironmark – An Image Company
Updates
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Mergers and acquisitions are strategies banks use to increase revenue and profits, serve more customers, and reduce operating costs. Overall, they help banks to expand. Here’s a simple breakdown of how bank mergers and acquisitions work, why they’re different, and what they mean for customers and communities: https://bit.ly/3Z8hq12 #mergers #acquisitions #bankmergers #bankinginformation
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As a parent, you are uniquely positioned to teach your children the fundamentals of money management from an early age.👨👧💵 Check out this article to see how parents can effectively improve their child's financial literacy through daily conversations and a few teachable moments: https://bit.ly/3Cz9y10 #financialliteracy #startthemoung #bankingadvice
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Shore United Bank proudly congratulates Butch Townsend on his induction into the Waterfowl Festival Hall of Fame! Since 1999, Butch has been a dedicated volunteer, serving in various roles including co-chairing the Sportsman's Pavilion and as a board member. His unwavering commitment has significantly contributed to the festival's success and the preservation of our community's heritage. #ShoreUnitedProud #WaterfowlFestival #HallOfFame #CommunityCommitment #EasternShoreTraditions
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While learning financial responsibility at a young age can be extremely beneficial in establishing financial security as an adult💵, financial focus may not be at the forefront of children’s minds. Take a look at this article for fun, age-appropriate games and activities that introduce financial concepts that can be fun for the whole family 👩👦: https://bit.ly/3YCQPZK
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The global financial system was severely tested during the 2007-2008 financial crisis, exposing vulnerabilities in the banking sector. In response to these challenges, the Basel Committee on Banking Supervision (BCBS) introduced a series of international regulatory frameworks to strengthen the resilience of banks. So, what exactly is Basel III, and what does it mean for a bank to be Basel III compliant? Check out this article: https://bit.ly/48y3LEN
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Honoring our heroes this Veterans Day, we proudly recognize and honor the incredible service and sacrifice of all veterans, including the family members of Shore United Bank employees. Your dedication and bravery inspire us every day. To all who have served, thank you for your unwavering commitment to our country. We salute you today and always. 🙏💙 #VeteransDay #ThankYouVeterans #ShoreUnitedBank #ProudToHonor #FamilyOfHeroes
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🌟 At Shore United Bank, we’re all about turning dreams into reality—both for our community and our amazing team! Recently, our employees participated in a Career Development Workshop where they explored growth opportunities, set ambitious goals, and learned the power of networking. 💪✨ If you’re ready to dream big and grow your career with us, check out our career opportunities! https://lnkd.in/eBUduBnE Good things are happening here! #DreamBig #CareerDevelopment #JoinUs #ShoreUnitedBank
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Developing a financial plan for a small business is a critical step to ensure stability, growth, and long-term success. If you're thinking of opening a small business or looking to prepare your existing business' finances for growth, take a look at this step-by-step guide to creating a comprehensive financial plan: 👀 https://bit.ly/3NBd11j #businessbanking #smallbusiness #bankingadvice
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Life is full of surprises—both pleasant and unexpected. While it's great when the surprises are positive, we all know that financial emergencies like medical bills, car repairs, or sudden job loss can arise.🛠️ This is where an emergency fund becomes a critical lifeline.💵🙌 Check out this blog to learn how much you should have in your emergency fund and where to keep it to ensure you're prepared when life throws the unexpected your way: https://bit.ly/3NnWDkE #bankingadvice #emergencyfund