The disenchantment with big banks is spreading from Wall Street down to Main Street. In fact, it's even reached Hampton Roads. At Monarch, you can expect full, sit-down service, no lines, competitive rates, and a relaxed experience where you'll feel like the valued client you are, not a number.
Today, the "butterfly bank" continues to grow across Hampton Roads and beyond. Monarch Bank launched a new community bank, OBX Bank, dedicated to the residents and businesses on the Outer Banks of North Carolina. Monarch Mortgage expanded new operations in Hampton Roads, Richmond and northern, Virginia; North Carolina; Maryland and South Carolina. Monarch Investments and Monarch Bank Private Wealth also assists our strong and calculated growth by delivering private banking, financial planning, trust, and investment services.
Notice: Important Changes to FDIC Insurance As of January 1, 2013, funds in a non-interest bearing transaction account (including an IOLTA) will no longer receive unlimited deposit insurance coverage. Funds will be FDIC-insured up to the standard maximum deposit insurance amount ($250,000) for each ownership category. If you would like to review your accounts with a bank representative please contact us at 757-389-5154 or 757-389-5155.