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

The Bank of Monroe is headquartered in Union and is the 43rd largest bank in the state of West Virginia. It is also the 3,914th largest bank in the nation. It was established in 1903 and as of June of 2016, it had grown to 28 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
Employees28
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.03%
Return on Equity - YTD7.12%
Annual Interest Income$2.2MM
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$127.6MM$121.4MM
LoansQ2 2016vs Q2 2015$61.0MM$60.0MM
DepositsQ2 2016vs Q2 2015$107.6MM$103.0MM
Equity CapitalQ2 2016vs Q2 2015$18.7MM$17.5MM
Loan Loss AllowanceQ2 2016vs Q2 2015$852.00K$834.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$147.00K$284.00K
Real Estate OwnedQ2 2016vs Q2 2015$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