# Shoreham Bank vs WaveFCU

The clearest difference is rating: Shoreham Bank at 4.5 against WaveFCU's 3.5. Shoreham Bank also leads on update cadence (monthly vs every 31 months) and ratings volume (156 vs 19). WaveFCU's advantage is monetization model (free vs ad-supported) and iOS requirement (12.0 vs 18.4). On price, review sentiment, ads and in-app purchases there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Shoreham Bank holds the better App Store score, 4.5 against 3.5. That said, the two scores are not equally well evidenced: Shoreham Bank has 156 ratings behind it against 19, so its average is the more settled of the two. Written reviews point the same way: 60% of Shoreham Bank's written reviews are positive against 57% of WaveFCU's.

Shoreham Bank ships an update monthly, WaveFCU every 31 months. The most recent releases landed on October 23, 2026 and October 8, 2026 respectively.

## The numbers

| Metric | Shoreham Bank | WaveFCU |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[4.5 (156 ratings)](https://appshunter.io/ios/app/shoreham-bank/id1541740374/reviews)** | [3.5 (19 ratings)](https://appshunter.io/ios/app/wavefcu/id1553320995/reviews) |
| Number of ratings | **156** | 19 |
| Positive reviews | **60.0% of reviews** | 57.1% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | **Monthly** | Every 31 months |
| Monetization | Ad-supported | **Free** |
| Size | 196 MB | 95 MB |
| Requires iOS | 18.4 | **12.0** |
| Devices | iPhone, iPad | **iPhone, iPad, iPod** |
| Age rating | 12+ | 4+ |
| Developer | [Shoreham Bank](https://appshunter.io/developer/887581832) | [Wave Federal Credit Union](https://appshunter.io/developer/785691260) |

## What reviewers say

### Shoreham Bank

[App page](https://appshunter.io/ios/app/shoreham-bank/id1541740374)

Manage your money with this secure financial tool. Organize transactions with tags and notes, set up balance alerts, and make payments or transfers easily. Deposit checks with a photo and manage your debit card.

**Highlights:** Transaction organization with tags and notes, Customizable balance alerts, In-app payments and transfers, Mobile check deposit, Debit card management, Monthly statement access, Branch and ATM locator

**Features:** Apple Wallet

**In-app purchases:** none


### WaveFCU

[App page](https://appshunter.io/ios/app/wavefcu/id1553320995)

Manage your finances on the go with this mobile banking app. Check balances, view transaction history, transfer funds between accounts, and make loan payments securely. It also offers secure messaging for customer support.

**Highlights:** Check account balances, View transaction history, Transfer funds, Pay loans, Secure messaging

**In-app purchases:** none


## Frequently asked questions

### Is Shoreham Bank free?

Shoreham Bank is free to download, with no in-app purchases.

### Is WaveFCU free?

WaveFCU is free to download, with no in-app purchases.

### Which has better reviews, Shoreham Bank or WaveFCU?

Shoreham Bank is rated higher. Shoreham Bank averages 4.5 out of 5 from 156 ratings, while WaveFCU averages 3.5 from 19 ratings.

### Do Shoreham Bank or WaveFCU have ads?

Neither Shoreham Bank nor WaveFCU shows ads.

### Which is updated more often, Shoreham Bank or WaveFCU?

Shoreham Bank ships an update monthly, and WaveFCU every 31 months. Most recently, Shoreham Bank was updated on October 23, 2026 and WaveFCU on October 8, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*