Home Loan Investment Bank FSB says it has changed its name to Shoreham Bank to reflect its expansion of its financial products and services. The rebranding comes as the bank aims to broaden its offerings and reach a wider audience. Home Loan Investment Bank is changing its name to Shoreham Bank to better reflect their expansion of financial products and services as well.
We opened our doors in 1959, serving the community of Rhode Island as a mortgage lender under the name Home Loan & Investment Association. Over the years, we have evolved and adapted to meet the changing needs of our customers while remaining committed to providing top-notch service.
Underwriting—financing or guaranteeing—is the process through which an individual or institution takes on financial risk for a fee. This is a crucial aspect of the banking industry, as it allows for the funding of various projects and initiatives that benefit both the bank and its clients.
Looking to score a solid return with limited risk? Check out certificates of deposit (CDs). CDs are deposit accounts requiring you to commit your funds for a set period of time, typically offering higher interest rates than regular savings accounts.
John M. Murphy, 85, passed away peacefully on June 13, 2024. He was the beloved husband of Gracilda “Grace” M. (Sousa) Murphy for 55 years. Our thoughts are with his family and loved ones during this difficult time.
Home Loan Investment Bank is back where it started — in Providence. This week, Home Loan opened a brand “new” location at 187 Wickenden Street. The move signifies the bank's commitment to its roots and its dedication to serving the local community.
The East Greenwich native has been named Chief Information Officer of Home Loan Investment Bank in Warwick, returning to the company after a period of absence. His expertise and experience will be invaluable as the bank continues to grow and expand its operations.
We ensure the entities we regulate invest in America's communities. The Federal Home Loan Bank Affordable Housing Program is used to finance affordable housing projects across the country, supporting initiatives that benefit low and moderate-income individuals and families.
Overall, the rebranding of Home Loan Investment Bank to Shoreham Bank marks an exciting new chapter for the financial institution. With a renewed focus on expansion and innovation, Shoreham Bank is poised to continue serving its customers and communities for years to come.
