 David H. Summers President & CEO |
Since 1875, Monroe Federal has defined local banking. While the national and regional banks seem to be all about growing bigger, we’ve focused our attention on you, our valued customer. This commitment to our local depositors and borrowers has proven itself to be a prudent banking practice – while other banks have exhibited instability and many have been closed, we weathered the economic climate of the past few years well. We remain one of the safest institutions in the area with capital two-and-a half times higher than the regulatory minimum.
Monroe Federal’s focus on local banking does not mean we cannot provide the services that the big banks do. We offer online banking, ATMs, debit cards, and a variety of deposit and loan products to meet your needs. We have three full-service facilities in the communities we serve – conveniently located in Tipp City, Vandalia and Butler Township. Importantly for both personal and business customers, decisions are made locally. You deal directly with the decision-makers, making it possible for us to get a clear vision of your needs and goals, so we can help you achieve those goals. Monroe Federal is one of the top 25 banks in the metropolitan Dayton area, with over $89 million in deposits, so we have the resources to meet the full range of your personal and business banking needs. Yet, even with our considerable resources, you can always count on Monroe Federal to define local banking. We will continue to keep our money and decision-making here in the local community, not at some far-away big-city headquarters. What’s more, Monroe Federal is a mutual company. That means depositors are the owners, not stockholders. Depositors elect our board of directors, who are local business professionals. If you have any questions or comments, you can email me at daves@monroefederal.com or call my direct line at (937) 667-8461. Sincerely, David H. Summers |