Business Information
The group’s principal activity is to provide commercial and retail banking, investment and insurance sales, and mortgage origination and brokerage services. The group’s services include safe deposit boxes, cash management services, check and bankcard services, direct deposit of payroll and social security checks and automatic drafts for various accounts. In June 1, 2006 the group acquired Monarch Bank. The group operates through two segments namely commercial and other banking and mortgage banking operations. The group operates from the United States. Of the asset in the year 2006, commercial and other banking accounted for $408,340,386and mortgage banking operations $1,391,334.
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Name |
Title
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Email
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| Lawton Baker | Vice Chmn. - Monarch Bank | Available | | Virginia Sancilio | Chmn. - Monarch Bank, Virginia Beach City | Available | | Barry Mathias | Pres. - Chesapeake Region, Monarch Bank | Available | | Daniel Cronin | Pres. - Virginia Beach Region | Available | | Neal Crawford | Pres. - Norfolk Region, Monarch Bank | Available
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Year |
Sales |
Net Income |
| 2006 | 28,725 | 3,626 | | 2005 | 18,688 | 2,102 | | 2004 | 11,827 | 757
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