Michigan – Branch – Coldwater
(NM) Commercial bank, state charter and Fed nonmember
active
www.monarchcb.com
Michigan
Branch
Coldwater
(NM) Commercial bank, state charter and Fed nonmember
active
29069
1934
FDIC Certificate Number: 29069
FDIC's unique number: 41903
The FDIC Field Office where an institution is physically located: Grand Rapids
Federal Reserve ID Number: 891673
Report Date: 2011-06-30
Bank Charter Class: NM
Number of Domestic Offices: 6
Number of Foreign Offices: 0
The date of the last data update: 2010-09-20
1934-07-01 Institution established. Original name: Branch County Federal Savings And Loan Association.
2002-07-01 Changed name to Monarch Community Bank .
2002-08-29 Changed organization type to Stock Savings & Loan.
2004-06-07 Acquired Marshall Savings Bank, F.S.B. in Marshall, Michigan.
2006-06-03 Changed primary regulatory agency from Office Of Thrift Supervision to Federal Deposit Insurance Corporation.
2006-06-03 Changed organization type to Commercial Bank.
2006-06-03 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
Total assets: $242,346,000
Total deposits: $197,870,000
Deposits held in domestic offices: $197,870,000
Equity capital: $12,541,000
Net income: $327,000
Return on Assets: 0.26
Return on Equity: 5.29
Last updated on: 2011-10-20
Bank Holding Company: Monarch Community Bancorp, Inc
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No associations
LandOfFree
Monarch Community Bank has received 1 rating(s) and 1 review(s), resulting in an average rating of 2.33 on a scale from 1 to 5. The overall rating for this bank is questionable.
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Virgelina
Yes, there is. Any real estate agent can get you a list of short sale hosues, they are listed that way in the MLS. However, those are not going to be sold fast, short sales take a very long time because the bank has to get involved.References : Was this answer helpful?
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