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Monarch Financial Holdings, Inc.

Monarch Financial Holdings, Inc.

Sector: State Commercial Banks Region: VA, United States


: | Nasdaq: MNRK


Similar to: S&T Bancorp, Inc., Wilshire Bancorp, Inc., Hancock Holding Co.

Monarch Financial Holdings, Inc. operates as bank holding company with interests in providing commercial and retail banking, investment and insurance sales, and mortgage origination and brokerage services. The company operates through its subsidiary Monarch Bank, which is engaged in commercial and retail banking, investment and insurance sales and mortgage origination and brokerage. It operates through two segments: Community Banking and Retail Mortgage Banking Services. The Community Banking segment involves making loans and generating deposits from individuals and businesses. The Retail Mortgage Banking Services segment consists of originating residential loans and selling them to investors. Monarch Financial Holdings was founded by William F. Rountree on June 1, 2006 and is headquartered in Chesapeake, VA.

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