operates as the holding company for Monroe Bank & Trust that provides retail and commercial banking services in Michigan.
The bank engages in generating deposits and originating loans.
Its deposit products include savings, money market, checking, and time deposits, as well as certificates of deposit and negotiable order of withdrawal accounts.
The bank’s loan portfolio comprises commercial, personal, real estate mortgage, and installment loans, as well as individual retirement accounts.
It also offers safe deposit facilities, automated teller machines and night depository facilities, treasury management services, telephone and Internet banking, personal trust, employee benefit, and investment management services.
The bank primarily invests in the U.
S. Government agency and corporation obligations, securities issued by states and political subdivisions, and other securities.
As of June 30, 2005, it operated 21 branches in Monroe County and 5 branches in Wayne County, Michigan.
The company was incorporated in 1905 and is headquartered in Monroe, Michigan.
