About Monroe Bank & Trust
Monroe Bank & Trust is a company based in Detroit (United States) founded in 1858 was acquired by First Merchants Bank in October 2018. Monroe Bank & Trust offers products and services including Checking Accounts, Online Banking, and Loans. Monroe Bank & Trust operates in a competitive market with competitors including Truist, Investec, Equity Bank, Citi and KeyBank, among others.
- Headquarter Detroit, United States
- Stage Public
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Sectors
Financial Services
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Mbt Financial Corp
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
$14 M (USD), Post-IPO
Dec 30, 2013
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Investors
First Merchants Bank
& 2 more
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Employee Count
Not available
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Acquired by
First Merchants Bank
(Oct 10, 2018)
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Products & Services of Monroe Bank & Trust
Monroe Bank & Trust offers a comprehensive portfolio of products and services, including Checking Accounts, Online Banking, and Loans.
Accounts for daily transactions and deposits with overdraft options.
Platform for remote account management and bill payments.
Personal and business loans for financing needs and growth.
Funding Insights of Monroe Bank & Trust
Investors in Monroe Bank & Trust
Monroe Bank & Trust has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include First Merchants Bank, Castle Creek Capital and Patriot Financial Partners.
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Private equity investments are targeted at US companies.
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Commercial banking services are provided to businesses and individuals.
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Investor details for Monroe Bank Trust
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Monroe Bank & Trust
Investment portfolio details for Monroe Bank Trust
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Monroe Bank Trust
Detailed financials for Monroe Bank Trust
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Monroe Bank & Trust Comparisons
Peer comparison for Monroe Bank Trust
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Monroe Bank & Trust
Monroe Bank & Trust operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, Investec, Equity Bank, Citi and KeyBank, among others.
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Wealth advisory and banking services are offered to clients.
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Global banking, investment, and wealth management services are offered worldwide.
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Commercial banking services are provided to businesses and individuals.
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Diversified financial services are offered through commercial banking operations.
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Regional bank
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Diversified financial services are offered through commercial banking operations.
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Detailed competitors of Monroe Bank Trust
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Monroe Bank & Trust
Complete news archive for Monroe Bank Trust
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Frequently Asked Questions about Monroe Bank & Trust
Monroe Bank & Trust was founded in 1858 and raised its 1st funding round 152 years after it was founded.
Monroe Bank & Trust is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Douglas Chaffin is the current CEO of Monroe Bank & Trust.
Monroe Bank Trust was established in 1858 and is headquartered in Detroit, United States. Operations are centered on commercial banking within the financial sector. Services include deposit accounts, lending, and trust management for businesses and individuals. The institution is led by CEO and President Douglas Chaffin. Focus remains on regional economic support through standard banking practices.
Monroe Bank & Trust offers Checking Accounts, Online Banking, and Loans.
Monroe Bank & Trust has 3 investors. Key investors include First Merchants Bank, Castle Creek Capital, and Patriot Financial Partners.