Monroe Federal
in the United States 🇺🇸
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About Monroe Federal in the United States
Monroe Federal is a community-focused savings and loan association headquartered in Tipp City, Ohio. As one of the oldest financial institutions in Miami County, Monroe Federal specializes in mortgage lending while offering a comprehensive range of personal and business banking services.
With approximately $147.8 million in total assets and four offices serving the Dayton-Kettering metropolitan area, Monroe Federal operates as a federally chartered savings bank under the supervision of the Office of the Comptroller of the Currency (OCC). The institution maintains a strong focus on residential mortgage originations, which represent nearly 65% of its loan portfolio, complemented by commercial real estate lending and small business loans.
Monroe Federal became the wholly owned subsidiary of Monroe Federal Bancorp, Inc. (OTCQB: MFBI) following a mutual-to-stock conversion completed in October 2024.