Community Shores Bank Corporation - CSHB- Profile

Community Shores Bank Corporation. The Group's principal activities are to provide a wide range of commercial and consumer banking services to individuals, businesses, governmental units and other institutions. The Group operates through its subsidiary Community Shores Bank. The services provided include checking and savings accounts, certificates of deposit, safe deposit boxes and courier services and loans for commercial, mortgage and consumer purposes. The Group originates residential mortgage loans, which are generally long-term with either fixed or variable interest rates. It makes personal loans and lines of credit available to consumers for various purposes. Additionally, the Group offers mutual funds and annuities, which are non-insured, through an alliance with the Independent Community Financial Services Association. On 30-Apr-2005, the Michigan Bankers Insurance Center, LLC legally dissolved its partnership. Provides commercial and consumer banking services in Muskegon and Northern Ottawa Counties