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Monroe Federal Bancorp, Inc.

Banking and Financial Services ~90 employees
Founded
--
Employees (Est.)
~90
6 leaders known
Total Funding
$5.3M
Funding Rounds
1
Last Funding
2024-10-23

About Monroe Federal Bancorp, Inc.

Monroe Federal is a community bank that focuses on tailored banking solutions to meet individual and business needs, emphasizing a personalized approach to financial services and community support.

Products & Services

Deposit Products:Includes checking accounts, savings accounts, certificates of deposit, and individual retirement accounts for personal and business use.
Loans:Offers personal loans, mortgage loans, home equity loans, auto loans, and business loans.
Credit Cards:Provides personal and business credit cards with options for low rates or preferred points.
Digital Banking:Online and mobile banking services for convenient account access and management.
Merchant Services:Solutions for businesses to process payments and manage transactions.
Ohio Homebuyer Plus Plan:A savings plan for homebuyers offering up to 6.50% APY to save for a first, next, or forever home.

Specialties

Community Banking Mortgage Lending Commercial Lending Retail Banking

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Initial Public Offering (IPO)
T: -
FT: Initial Public Offering (IPO)
A: 5300000
MR: -
FA: approximately $5.3 million
FAN: 5300000
D: 2024-10-23
FD: 2024-10-23
-
Initial Public Offering (IPO) Latest
2024-10-23
$5.3M

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

T

Tammy Clay

AVP - Mortgage Lending

D

Doug Thompson

Vice President - Commercial Lending

C

Curt Conley

Vice President - Retail Banking

L

Lewis Renollet

President and CEO

L

Lisa Bird

Vice President - Accounting/CFO

C

Christina Hassink

Vice President - Operations/COO

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Recent News

Monroe Federal Bancorp, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Banking and Financial Services
Company Size
~90 employees (est.)

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