Featured Savings Rates
Featured Accounts

The Bank of Monroe

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.20%1-year CD12 Month CD
0.10%SavingsRegular Savings
0.35%3-year CD30 Month CD

Overview / Commentary
304-772-3034
39 Main Street
Union, WV 24983

The Bank of Monroe is headquartered in Union and is the 40th largest bank in the state of West Virginia. It is also the 3,755th largest bank in the nation. It was established in 1903 and as of March of 2017, it had grown to 30 employees at 2 locations. The Bank of Monroe has an A+ health rating.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #6180
Year Established1903
Employees30
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD6.33%
Annual Interest Income$1.1MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$136.2MM$125.9MM
LoansQ1 2017vs Q1 2016$65.0MM$59.6MM
DepositsQ1 2017vs Q1 2016$116.2MM$106.2MM
Equity CapitalQ1 2017vs Q1 2016$19.1MM$18.3MM
Loan Loss AllowanceQ1 2017vs Q1 2016$845.00K$851.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$163.00K$246.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

The Bank of Monroe Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Regular Savings
0.10%--Christmas Club

The Bank of Monroe Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$100k*-Money Market Account
OTHER TIERS: 0.08% $1,200 - $25k | 0.10% $25k - $100k

The Bank of Monroe Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1,200-NOW Account

The Bank of Monroe CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.55%$500-36 Month CD
0.35%$500-30 Month CD
0.30%$500-24 Month CD
0.25%$500-18 Month CD
0.20%$500-12 Month CD
0.15%$500-6 Month CD
0.10%$500-91 Day CD

The Bank of Monroe IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$100-36 Month IRA
0.50%$100-24 Month IRA
0.35%$100-18 Month IRA
0.30%$100-12 Month IRA
Locations


The Bank of Monroe Locations
The Bank Of Monroe39 Main StreetUnion, WV 24983
Lewisburg Branch3268 Jefferson Street NLewisburg, WV 24901