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Monarch Community Bancorp, Inc. (fka MCBF) RSS Feed

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Monarch Community Bancorp, Inc. is a federal bank holding company that operates through its wholly owned subsidiary, Monarch Community Bank (the Bank). The Bank’s principal business consists of attracting retail deposits from the general public and investing those funds primarily in permanent loans secured by first mortgages on owner-occupied, one- to four-family residences, loans secured by commercial and multi-family real estate, commercial business loans and construction loans secured primarily by residential real estate. Monarch Community Bank provides a range of banking services to its primary market area of Branch, Calhoun and Hillsdale counties in Michigan. The Bank owns 100% of First Insurance Agency. First Insurance Agency is a licensed insurance agency established to allow for the receipt of fees on insurance services provided to the Bank’s customers. The Bank also owns a 24.98% interest in a limited partnership formed to construct and operate multi-family housing units. http://www.google.com/finance?q=MCBF#
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