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Shore Community Bank Newsletter  |  732-573-1136May 2018

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Shore Specials!

Check out our Summer CD Sale!

36-Month CD 

Rate 2.226%         APY* 2.250%


*Rate/Yield Effective: 5/22/2018
*$500 minimum to open. Annual percentage yields assumes interest will remain on deposit, withdrawal will reduce earnings. Fees could reduce earnings. Interest rates and annual percentage yields subject to change with notice. Penalties may apply for early withdrawals.


Mortgage Rates!

30 Year Conventional Fixed Rate
4.50% APR 4.582%*
& 15 Year Conventional Fixed Rate
4.25% APR 4.39%**

Call 732.573.1136 or visit any one of our Branches for a customized rate quote and
FREE mortgage checkup!

*Payment example: On a 30 year fixed mortgage with a loan amount of $200,000 and an interest rate of 4.50%, the principal and interest payment would be $1,013.37 per month.  **On a 15 year fixed mortgage with a loan amount of $200,000 and an interest rate of 4.25%, the principal and interest payment would be $1,504.56 per month. Rates based on 20% down payment purchase transaction up to $453,100 loan amount. Interest rates on mortgages may vary. Rates are subject to change without notice.

The Future of Electric Vehicles
Where are electric cars driving us?

Electric vehicles have become a hot topic in recent years as the technology has gained traction among mainstream automakers. As such, the technology is far too young for experts to speak with certainty to its eventual destiny. However, as many brands have promised to release new electric vehicles onto the roads, the topic does warrant some speculation.

What Does the New Tax Code Mean if You’re Self-Employed?
The new tax code benefits the self-employed and small business owners

On Dec. 22, 2017, President Trump signed the Tax Cuts and Jobs Act into law. This new tax code is meant to benefit small business owners by offering a large deduction for qualified business income from pass-through entities, as well as providing several tax benefits to the self-employed.

Basic Investing for Beginners
Get started investing with these basics and tips

Investing money is a vast, complicated ordeal that requires substantial knowledge and practice, whether you’re intending to buy and sell stock, build and rent out office space or invest in a retirement savings program. Because of this complexity, taking your first steps on the road to successful investing can seem daunting; however, every hopeful investor can benefit from understanding these basic ideas.

How to Roll the Perfect Sushi
Tips for perfecting the delicious yet challenging Japanese staple

Despite what you may believe, eating sushi at home doesn’t necessarily require ordering takeout from a restaurant. If you learn the right techniques and hone your skills, you’ll find it surprisingly easy to master the culinary art of sushi rolling.

Published by Shore Community Bank
Includes copyrighted material of IMakeNews, Inc. and its suppliers.
Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.
April 2018
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