SHBK Shore Finance Corp (MM)

ONLEY, Va., Nov. 20 /PRNewswire-FirstCall/ -- Shore Bank (NASDAQ:SHBK) has launched an online mortgage origination website at http://www.shorebank.com/ This website gives users the ability to research interest rates and loan products, and apply for their mortgage online 24 hours a day, 7 days a week. Applicants can apply for fixed rate home loans, adjustable rate mortgages and home equity loans. The website is easy and convenient, and applicants can save their loan application and return to complete it at any time. Online tools included in the website include a mortgage calculator, product descriptions and help with the questions that are displayed on the screen. When Shore Bank receives a loan request, one of the bank's loan officers reviews it and contacts the applicant to complete the mortgage process. The loan officer and customer can work together via telephone, email or face-to-face. "Our customers now have the convenience to apply for a mortgage when they have time, day or night, week day or weekend and receive local customer service from one of Shore Bank's experienced loan officers," said Lisa Lentz, Vice President, Internet Banking. Visitors to the site can also sign up for Shore Bank's "Rate Watch" and are notified by email when an interest rate hits their desired target or they can choose to receive all the rates for a specific product. Shore Bank is the banking subsidiary of Shore Financial Corporation and has eight retail branches from Salisbury to Cheriton, Virginia. Shore Financial Corporation is the only banking company with headquarters on the Eastern Shore that is publicly traded on the NASDAQ National Stock Market. The company stock symbol is "SHBK" and the Bank can be found on the World Wide Web at ShoreBank.com. DATASOURCE: Shore Financial Corporation CONTACT: Lynn M. Badger of Shore Financial Corporation, +1-757-787-1335 Web site: http://www.shorebank.com/

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