W. Thomas Mears, Shore Bank president and chief executive officer, recently announced that John R. Schroeder has joined Shore Bank’s commercial banking team in Rehoboth Beach as senior vice president for commercial banking, reporting to James D. Barr, Delaware market president for Shore Bank. Schroeder brings more than 35 years of experience in commercial lending in southern Delaware and surrounding areas.
"We are very pleased to welcome John to our team. He brings a proven track record, deep knowledge of the markets in the Delaware region, and decades of experience across all aspects of commercial real estate finance, including origination, underwriting, structuring and servicing," said Mears.
Prior to joining Shore Bank, Schroeder served as senior vice president with Applied Bank in Rehoboth Beach. From 1994 to 2009, he served as a vice president and commercial relationship manager with PNC and its predecessors Baltimore Trust and Mercantile Peninsula Bank. Schroeder was a regional vice president for Second National Federal Savings Bank in the Delaware markets from 1984 to 1994. Prior to that, he began his banking career as a branch manager for Sussex Trust Company.
Schroeder earned his bachelor of arts degree in political science from the University of Delaware. He is also a graduate of the University of Virginia’s Graduate School of Retail Bank Management.
Shore Bank is a full-service community bank with seven conveniently located branches from Cape Charles, Va., to Salisbury, Md. Shore Bank also has loan production offices in West Ocean City, Md., and Rehoboth Beach.
For more information about Shore Bank, go to www.shorebank.com.
From 1988 to 2002 Schroeder was an elected member of the Delaware House of Representatives, serving on the education, environmental, agricultural and bond committees during his seven terms.
Schroeder also served on the Family Law Commission of Delaware and currently serves on the Greater Lewes Foundation, the Sussex County Land Trust, the Delaware Open Space Council and the Rehoboth Art League. Schroeder resides in Lewes with his wife, Sue.