Suite 202
Chesapeake, VA 23320
757-389-5128
http://www.monarchbank.com/
Monarch Bank of Virginia - Routing Number |
|
51408910 | The routing number for Monarch Bank in Virginia is used on Monarch Bank checks and for direct deposits and wire transfers. |
Bank Name: | Monarch Bank |
Chartered By: | STATE |
FDIC Certificate: | #34945 |
Return On Assets: | 0.80% |
Return On Equity: | 8.32% |
Established: | 1999-04-14 |
Data Updated: | 2007-03-01 |
FDIC Insured: | Yes, since 1999-04-14 |
Insured Savings Institution: | No |
Insured Commercial Bank: | Yes |
Monarch Bank is a commercial bank located in Virginia, and has 12 branches and offices. Monarch Bank is classified as a state-chartered commercial bank, supervised by the Federal Reserve (FRB) and a member of the Federal Reserve.
Monarch Bank holds a total of $832,430 in assets, of which $734,418 are deposits in the savings and checking accounts offered by the bank. Monarch Bank is owned by Monarch Financial Holdings, Inc, a bank holding company headquartered in Chesapeake.
How to use the Monarch Bank Routing Number
Monarch Bank's routing number is the eight or nine-digit number found on the bottom left hand side of Monarch Bank checks, next to your checking account number and check number.
In the sample check on the left, the routing number is circled in red. Your checks may have a slightly different layout.
Your routing number is used like a bank's address, to ensure that financial transactions (like checks and direct deposits) get sent to the correct banking institution. You will need to know the Monarch Bank Routing Number when setting up direct deposit with your employer, receiving direct-deposit benefits or tax refunds from the U.S. Government, or requesting a direct bank wire payment to your bank account.