Monroe Savings Bank
- Bank Name:Monroe Savings Bank
- Bank Class:Stock and Mutual Savings Bank
- Member FDIC:Certificate #30103
- Routing Number:ACH & Wire - 231271527
- Locations:2 Branches in New Jersey
- Web Address:monroesavings.com
Monroe Savings Bank Information
Monroe Savings Bank was founded in January 1870 and is based in Williamstown, New Jersey. According to the Federal Deposit Insurance Corporation records and based on the institution's charter type, Monroe Savings Bank is classified as a FDIC insured stock and mutual savings bank. Monroe Savings Bank is a FDIC-insured bank with certificate number of 30103. The assigned Fed RSSD ID of Monroe Savings Bank is 927077.
Monroe Savings Bank currently operates with 2 branches located in New Jersey. Monroe Savings Bank is the 64th largest bank in New Jersey. The bank does not have any offices outside New Jersey.
A routing number is a nine-digit code used to identify a financial institution. The bank has one routing number in our database and the routing number for Monroe Savings Bank is 231271527. This routing number is necessary to process ACH transfers, wire transactions, direct deposits, bill payments, and other monetary transfers within the US.
The full address of bank headquarters is 114 South Main Street, Williamstown, NJ 08094. You can visit the official website of the bank at https://www.monroesavings.com for more information and online banking service if available. For a comprehensive list of Monroe Savings Bank branches, including detailed information such as hours of operation, contact numbers, addresses, available services, and more, please narrow your search by selecting a location from the map or list below.
Map Of Branch Locations
Bank Offices In New Jersey
History Of Monroe Savings Bank
Monroe Savings Bank, originally established as The Monroe Savings and Loan Association of Williamstown, New Jersey, in 1870, has a long history of evolution and regulatory changes. Over the decades, the institution underwent several significant changes, including a rebranding to Monroe Savings Bank, S.L.A. on May 31, 1988. A notable transition occurred on September 12, 2007, when the chartering agency was changed to the Office of Thrift Supervision (OTS). Subsequently, on July 21, 2011, the primary federal regulatory agency changed from OTS to the Office of the Comptroller of the Currency. On June 25, 2014, Monroe Savings Bank underwent a major transformation, changing its institution name to Monroe Savings Bank, altering its organization type to a mutual savings bank, and shifting its primary federal regulatory agency to the Federal Deposit Insurance Corporation (FDIC). On the same date, the bank's chartering agency was changed to the state level, and it was reclassified as an FDIC supervised state savings bank.
Below is a list of some important events in bank's history, including mergers and acquisitions.
06-25-2014Changed Institution Name to Monroe Savings Bank.
06-25-2014Changed Primary Federal Regulatory Agency to FDIC.
06-25-2014Changed Organization Type to Mutual Savings Bank.
06-25-2014Changed Bank Class to FDIC Supervised State Savings Bank.
06-25-2014Changed Chartering Agency to State.
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