Virginia Sancilio Cross

Monarch Financial Holdings, Inc. operates as bank holding company, through its subsidiary Monarch Bank, which is engaged in commercial and retail banking, investment and insurance sales and mortgage origination and brokerage. It operates through two segments: Community Banking and Retail Mortgage Banking Services. The Community Banking segment involves making loans and generating deposits from individuals and businesses. The Retail Mortgage Banking Services segment consists of originating residential loans and selling them to investors. Monarch Financial Holdings was founded by William F. Rountree on June 1, 2006 and is headquartered in Chesapeake, VA.

Monarch Bank (Virginia) provides banking solutions for personal banking and business banking featuring investments, home funding, loans & cash management. It provides checking & saving accounts, individual retirement accounts, certificate of deposits, personal loans, home equity loans, lines of credit, telephone banking, commercial courier service, credit & debit cards, merchant bankcard services, safe deposit boxes, automated teller machines, term loans, internet banking and cash management services. The company was founded in 1999 and is headquartered in Chesapeake, VA.