Monroe Federal Bancorp, Inc.
OOTC:MFBI12.95
USD
+0.15
(+1.17%)
CIK
2024899
ISIN
US61084A1088
CUSIP
61084A108
Return %
Stock
S&P 500
1Y
12.12
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
USD
•
in mil. unless spec.Working Capital
USD
•
in mil. unless spec.Growth Rates
USD
•
in mil. unless spec.Quarterly Revenue
USD
•
in mil. unless spec.Quarterly Earnings Per Share
USD
•
in mil. unless spec.Quarterly Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Lewis R. Renollet
- Full Time Employees
- 23
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Tipp City United States
- IPO Date
- Oct 24, 2024
- CIK
- 0002024899
- Website
- monroefederal.com
- Similar Companies
- Business
- Monroe Federal Bancorp, Inc. is a bank holding company that operates through its wholly owned subsidiary, Monroe Federal Savings and Loan Association, providing a comprehensive range of retail and commercial banking products and financial services to individual consumers, families, and small to mid-sized commercial enterprises in west-central Ohio. The company operates through two core business activities: Lending Operations and Deposit Services. Its lending portfolio encompasses one- to four-family residential mortgage loans; commercial real estate mortgages; multi-family residential loans; construction and land development financing; commercial and industrial loans; home equity loans and home equity lines of credit (HELOCs); and consumer installment loans. The company offers a broad suite of deposit products, including non-interest-bearing demand checking accounts; interest-bearing NOW checking accounts; statement savings accounts; money market deposit accounts; individual retirement accounts (IRAs); and fixed-rate, fixed-term certificates of deposit (CDs). In addition, the company provides ancillary banking solutions and digital services, including online and mobile banking platforms; automated bill pay; remote deposit capture; electronic funds transfers; automated clearing house (ACH) transaction processing; debit cards; ATM network access; and safe deposit box rentals. Founded in 1875, the institution is headquartered in Tipp City, Ohio, and maintains full-service branch banking locations across Miami County and Montgomery County, serving communities in Tipp City, Vandalia, and Butler Township (Dayton). In October 2024, the organization completed a significant corporate restructuring by executing a mutual-to-stock conversion, establishing Monroe Federal Bancorp, Inc. as the stock holding company, completing an initial public subscription offering, and listing its common stock on the OTCQB Market under the ticker symbol MFBI.