Monarch Community Bancorp, Inc.

Sector: Offices Of Bank Holding Companies Region: MI, United States

Exchange/Ticker: OTC Bulletin Board: MCBF

Company Description

Monarch Community Bancorp, Inc. is a bank holding company. The company, through its subsidiary, Monarch Community Bank, provides a broad range of banking services to its primary market area of Branch, Calhoun and Hillsdale counties in Michigan. Its principal business consists of attracting retail deposits from the general public and investing those funds primarily in permanent loans secured by first mortgages on owner-occupied, one-to-four family residences, loans secured by commercial and multi-family real estate, commercial business loans and construction loans secured primarily by residential real estate. It offers a variety of deposit accounts, including passbook and statement savings accounts, money market deposit accounts, interest bearing and non-interest bearing checking accounts and certificates of deposits. The company was founded in March 2002 and is headquartered in Coldwater, MI.

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