What are the current interest rates at Shoreham Bank?

Current rates for Shoreham Bank include: 12-Month CD: 2.00%, 24-Month CD: 2.75%, 36-Month CD: 3.00%, 48-Month CD: 3.25%, 60-Month CD: 3.50%, Savings: 0.15%

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Shoreham Bank

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Shoreham Bank Rates & Review September 2026

Q: How many branches does Shoreham Bank operate?

Shoreham Bank currently maintains approximately 4 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Q: Is there a first-time homebuyer program?

Currently, Shoreham Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Shoreham Bank provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 18, 2026

Shoreham Bank's 9-Month CD rates are at 4.25%, 3-Month CD rates are at 3.90%, 5 Year CD rates are at 3.50%, 5 Year CD rates are at 3.50%, 5 Year IRA rates are at 3.50%. Shoreham Bank's savings rates are at 0.15%. MonitorBankRates evaluates the financial stability of Shoreham Bank with a 5.0 Star Rating, an A Overall Health Grade, and a Texas Ratio of 9.59%. Rates last updated and verified on 09/18/2026.

Shoreham Bank money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Shoreham Bank? Share your experience about Shoreham Bank by leaving a review below, or read customer reviews before you decide to use Shoreham Bank.

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

Excellent Health Score: 95/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

9.59%

Excellent Higher than avg

Health Trend

Steady 12 quarters

Full history ›

Shoreham Bank

1 Shoreham Way
Warwick, RI 02886

https://www.shoreham.bank/

Shoreham Bank CD Rates

Product	Rate	APY	Term
9 Month CD	4.16%	4.25%	9 Month
Min Deposit $1,000 Min Balance $1,000 Details Annual Percentage Yield (APY) is effective as of 8/31/26 and subject to change without notice. Minimum daily balance of $1,000 is required during each monthly cycle period to earn interest. At Maturity, the account will automatically renew for a 1-year term. You will have a grace period of 10 calendar days after the maturity date to withdraw the funds in the account without being charged an early withdrawal penalty. Fees could reduce earnings. Penalty for early withdrawal. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
3 Month CD	3.84%	3.90%	3 Month
Min Deposit $1,000 Min Balance $1,000 Details Annual Percentage Yield (APY) is effective as of 8/31/26 and subject to change without notice. $1,000 minimum daily balance is required during each monthly cycle period to earn interest. Fees could reduce earnings. Penalty for early withdrawal. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
5 Year CD	3.44%	3.50%	5 Year
Min Deposit $1,000 Min Balance $0 Details Balance: No minimum balance to earn APY; Annual Percentage Yield (APY) is effective as of 8/31/26 and subject to change without notice. Fees could reduce earnings. Penalty for early withdrawal. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
5 Year CD	3.44%	3.50%	5 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
5 Year IRA	3.44%	3.50%	5 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
IRA Accounts - 5 Year	3.44%	3.50%	5 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Online 5 Year	3.44%	3.50%	5 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
4 Year CD	3.20%	3.25%	4 Year
Min Deposit $1,000 Min Balance $0 Details Balance: No minimum balance to earn APY; Annual Percentage Yield (APY) is effective as of 8/31/26 and subject to change without notice. Fees could reduce earnings. Penalty for early withdrawal. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
4 Year CD	3.20%	3.25%	4 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
4 Year IRA	3.20%	3.25%	4 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
IRA Accounts - 4 Year	3.20%	3.25%	4 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Online 4 Year	3.20%	3.25%	4 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
3 Year CD	2.96%	3.00%	3 Year
Min Deposit $1,000 Min Balance $0 Details Balance: No minimum balance to earn APY; Annual Percentage Yield (APY) is effective as of 8/31/26 and subject to change without notice. Fees could reduce earnings. Penalty for early withdrawal. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
3 Year CD	2.96%	3.00%	3 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
3 Year IRA	2.96%	3.00%	3 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
IRA Accounts - 3 Year	2.96%	3.00%	3 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Online 3 Year	2.96%	3.00%	3 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
2 Year CD	2.71%	2.75%	2 Year
Min Deposit $1,000 Min Balance $0 Details Balance: No minimum balance to earn APY; Annual Percentage Yield (APY) is effective as of 8/31/26 and subject to change without notice. Fees could reduce earnings. Penalty for early withdrawal. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
2 Year CD	2.71%	2.75%	2 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
2 Year IRA	2.71%	2.75%	2 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
IRA Accounts - 2 Year	2.71%	2.75%	2 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Online 2 Year	2.71%	2.75%	2 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
1 Year CD	1.98%	2.00%	1 Year
Min Deposit $1,000 Min Balance $0 Details Balance: No minimum balance to earn APY; Annual Percentage Yield (APY) is effective as of 8/31/26 and subject to change without notice. Fees could reduce earnings. Penalty for early withdrawal. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
1 Year CD	1.98%	2.00%	1 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
1 Year IRA	1.98%	2.00%	1 Year
Min Deposit $1,000 Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
IRA Accounts - 1 Year	1.98%	2.00%	1 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Online 1 Year	1.98%	2.00%	1 Year
Min Balance $1,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%

Shoreham Bank Savings Rates

Product	Rate	APY
Soaring Savings	3.54%	3.60%
Min Deposit $25 Min Balance $25,000 Details Annual Percentage Yield (APY) Effective 8/31/26 Subject to change without notice. Minimum daily balance is required during each monthly cycle period to earn interest. Fees could reduce earnings. Account type is only available in-branch. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Premier Business Savings	0.99%	1.00%
Min Balance $25,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Statement Savings	0.25%	0.25%
Min Deposit $25 Min Balance $75,000 Details Annual Percentage Yield (APY) Effective 8/31/26 Subject to change without notice. No minimum daily balance required. If the account is closed before the interest is posted, you will not receive the accrued interest. Fees could reduce earnings. Account type is only available in-branch. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Statement Savings	0.25%	0.25%
Min Balance $75,000 Details Balance: $75,000 and over Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Statement Savings	0.20%	0.20%
Min Deposit $25 Min Balance $25,000 Details Annual Percentage Yield (APY) Effective 8/31/26 Subject to change without notice. No minimum daily balance required. If the account is closed before the interest is posted, you will not receive the accrued interest. Fees could reduce earnings. Account type is only available in-branch. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Statement Savings	0.20%	0.20%
Min Balance $25,000 Details Balance: $25,000 - $74,999.99 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Statement Savings	0.15%	0.15%
Min Deposit $25 Min Balance $25 Details Annual Percentage Yield (APY) Effective 8/31/26 Subject to change without notice. No minimum daily balance required. If the account is closed before the interest is posted, you will not receive the accrued interest. Fees could reduce earnings. Account type is only available in-branch. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Statement Savings	0.15%	0.15%
Min Balance $25 Details Balance: $25 - $24,999.99 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%

Shoreham Bank Checking Rates

Product	Rate	APY
Premier Checking	1.49%	1.50%
No additional details. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Loyalty Checking	0.99%	1.00%
No additional details. Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%
Premier Business Checking	0.74%	0.75%
Min Balance $10,000 Last Updated 09/18/2026 Institution Ratings 5.0 Star Rating A Health Grade ◈ Texas Ratio: 9.59%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
Banks and Credit Unions: If you identify an incorrect rate or wish to request the removal of your institution's data from MonitorBankRates.com, please contact us here.

Financial Health History

Shoreham Bank’s Texas Ratio fell from 10.45% in Q3 2023 to 9.59% in Q2 2026, so its financial health has held steady at a healthy level over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier; the green zone below the amber 15% line is where a bank must stay to qualify for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade15% Verified Healthy limit (green zone below = healthy)

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$535M	9.59%	5.0	A
March 31, 2026	$522M	12.82%	5.0	A
December 31, 2025	$481M	11.37%	5.0	A
September 30, 2025	$499M	8.48%	5.0	A
June 30, 2025	$503M	6.37%	5.0	A
March 31, 2025	$494M	6.86%	5.0	A
December 31, 2024	$485M	6.98%	5.0	A
September 30, 2024	$496M	8.15%	5.0	A
June 30, 2024	$469M	8.16%	5.0	A
March 31, 2024	$438M	8.16%	5.0	A
December 31, 2023	$417M	8.68%	5.0	A
September 30, 2023	$401M	10.45%	5.0	A

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Shoreham Bank is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Shoreham Bank rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Shoreham Bank's official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Shoreham Bank

Bank Holding Company JAMESTOWN TRUST#3

Address 1 Shoreham Way, Warwick, RI 02886 · Kent

Website https://www.shoreham.bank/

FDIC Certificate # 27417

Established 19790101

FDIC Insurance Date 19941230

Domestic Offices 4

Total Branches 4

Regulator OCC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

Overall Health Grade Score: 95/100

5.0

Exceptional Out of 5.0 Stars

9.59%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 0.6316%

Return on Equity (ROE) 5.8900%

Non-Performing Loans (NPL) 0.99%

Total Assets $534,750,000

Total Deposits $420,473,000

Equity Capital $55,299,000

Net Income $1,619,000

Headquarters Warwick

Total Branches and Offices 4

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Shoreham Bank earned the Verified Healthy badge

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Learn more about the MBR Health & Safety Badge program on our methodology page.

Customer Reviews

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Frequently Asked Questions About Shoreham Bank

How many branches does Shoreham Bank operate?

Shoreham Bank currently maintains approximately 4 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Shoreham Bank does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Shoreham Bank provides members with tools to manage their accounts and build a solid financial history.

Does Shoreham Bank offer online and mobile banking?

Most modern institutions like Shoreham Bank provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.shoreham.bank/.