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114 South Main Street
Williamstown, NJ 08094

Monroe Savings Bank, SLA is headquartered in Williamstown and is the 100th largest bank in the state of New Jersey. It is also the 4,935th largest bank in the nation. It was established in 1870 and as of December of 2013, it had grown to 16 employees at 2 locations. Monroe Savings Bank, SLA has a B+ health rating.

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Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Monroe Savings Bank, SLA has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Monroe Savings Bank, SLA had $2.08 million in non-current loans and owned real-estate with $11.51 million in equity and loan loss allowances on hand to cover it. This gives Monroe Savings Bank, SLA a Texas Ratio of 18.11% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Monroe Savings Bank, SLA decreased slightly from 22.89% as of December 31, 2012 to 18.11% as of December 31, 2013, resulting in a positive change of 20.86%.This indicates that the balance sheet and financial strength for Monroe Savings Bank, SLA has improved slightly in recent periods.

Deposit Growth


In the past year, Monroe Savings Bank, SLA has increased its total deposits by $1.91 million, resulting in 2.83% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Monroe Savings Bank, SLA has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Monroe Savings Bank, SLA has $91.94 million in assets with $11.51 million in equity, resulting in a capitalization level of 12.52%, which is excellent.

Institution Statistics

FDIC Certificate #30103
Year Established1870
Primary RegulatorOCC
Assets and Liabilities
Assets$91.94 million
Loans$64.26 million
Deposits$69.56 million
Equity Capital$10.79 million
Loan Loss Allowance$717,000
Unbacked Noncurrent Loans$1.59 million
Real Estate Owned$494,000
Historic Data - December 2012
Assets$89.87 million
Equity Capital$10.60 million
Loan Loss Allowance$673,000
Unbacked Noncurrent Loans$1.59 million
Real Estate Owned$457,000
Profit Margin - Quarterly
Net Interest Margin3.31%
Return on Assets0.27%
Return on Equity2.28%
Interest Income$3.98 million

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Monroe Savings Bank, SLA Savings Account Rates

0.55%--X-Mas Club
0.55%--Vacation Club
0.40%$500-Regular IRA
0.40%$500-Education IRA
0.40%$500-Roth IRA

Monroe Savings Bank, SLA Money Market Rates

0.15%$500-Money Market Account

Monroe Savings Bank, SLA Checking Account Rates


Monroe Savings Bank, SLA CD Rates

1.51%$1k-10 Year CD
1.26%$500-5 Year CD
1.01%$500-4 Year CD
0.75%$500-3 Year CD
0.50%$500-2 Year CD
0.40%$500-18 Month CD
0.35%$500-1 Year CD
0.25%$1k-6 Month CD
0.15%$2,500-91 Day CD

Monroe Savings Bank, SLA Locations
Monroe Savings Bank, SLA114 South Main StreetWilliamstown, NJ 8094
Williamstown Branch1712 South Black Horse PikeWilliamstown, NJ 8094