Business Information
The group's principal activity is to provide broad range of banking services in Michigan through five full service offices. The principal business consists of attracting retail deposits from the general public and investing those funds primarily in permanent loans secured by first mortgages, one-to-four family residences and variety of consumer loans. The group also originates loans secured by commercial and multi-family real estate, commercial business loans and construction loans secured primarily by residential real estate. The deposit accounts include passbook and statement savings accounts, money market deposit accounts, now and non-interest bearing checking accounts and certificates of deposit. On 08-Jun-2004, the group acquired marshall savings bank.
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Name |
Title
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Email
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| Stephen Ross | Chmn. | N/A | | Don Denney | CEO, Pres. | Available | | Bill Kurtz | COO, Sr. VP - Monarch Community Bank | Available | | William Kurtz | Sr. VP, CFO | N/A | | Andrew Van Doren | VP, Chief Compliance Officer, Corporate Counsel - Monarch Community Bank | Available
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Year |
Sales |
Net Income |
| 2006 | 20,429 | 1,548 | | 2005 | 18,630 | 1,440 | | 2004 | 17,303 | (2,511)
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