The Bank Of Monroe is a bank based in Union, West Virginia, established in 1903, with $251 million in total assets across 3 branches. By Trust Grade it ranks 10th of 41 banks we track in West Virginia. Its capital ratio of 11.4% is stronger than 67% of similarly sized banks, versus a West Virginia median of 10.1%. It was profitable over the most recent period, with a 1.39% return on assets. No consumer complaints against The Bank Of Monroe appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How The Bank Of Monroe compares to West Virginia peers
How we graded The Bank Of Monroe
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (11.4% capital ratio)
- Strongly profitable (ROA 1.39%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for The Bank Of Monroe over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (3)
- 3268 Jefferson St N, Lewisburg, WV 24901
- 39 Main St, Union, WV 24983
- 9679 Seneca Trl S, Fairlea, WV 24901
Are deposits at The Bank Of Monroe insured?
Yes. The Bank Of Monroe is an FDIC-insured bank (FDIC certificate #6180). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
The Bank Of Monroe: frequently asked questions
Is The Bank Of Monroe a good bank?
The Bank Of Monroe earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (11.4% capital ratio); Strongly profitable (ROA 1.39%).
Is The Bank Of Monroe FDIC-insured?
Yes. The Bank Of Monroe is a FDIC-insured bank (FDIC certificate #6180). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is The Bank Of Monroe?
The Bank Of Monroe holds $251 million in total assets, ranking 10th of 41 banks we track in West Virginia. It operates 3 branches.
Does The Bank Of Monroe have CFPB complaints?
No CFPB complaints against The Bank Of Monroe appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
