Headquartered in Union, West Virginia, The Bank of Monroe is a state-chartered bank (fed member) with $255.4M in total assets and $224.2M in deposits as of Q2 2026. It operates 3 offices. Its charter dates back to 1903.
The Bank of Monroe has a TellerScore of 85 out of 100 (very strong) based on Q2 2026 data — higher than 88% of its 2,650 banks with $100 million – $1 billion. Among 40 banks headquartered in West Virginia, it ranks 5th. Problem-loan coverage contributes the most (97/100, 1.7%); earnings contributes the least (75/100, 1.38%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 2 points (83 → 85), mostly because the earnings component improved by 6 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 85 |
| Q3 2024 | 81 |
| Q4 2024 | 84 |
| Q1 2025 | 82 |
| Q2 2025 | 83 |
| Q3 2025 | 81 |
| Q4 2025 | 82 |
| Q1 2026 | 85 |
| Q2 2026 | 85 |
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| Quarter | Tier 1 leverage ratio |
|---|---|
| Q2 2024 | 12.91% |
| Q3 2024 | 12.88% |
| Q4 2024 | 12.95% |
| Q1 2025 | 12.77% |
| Q2 2025 | 12.95% |
| Q3 2025 | 12.80% |
| Q4 2025 | 12.67% |
| Q1 2026 | 13.04% |
| Q2 2026 | 13.22% |
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| Quarter | Noncurrent loans |
|---|---|
| Q2 2024 | 0.02% |
| Q3 2024 | 0.35% |
| Q4 2024 | 0.10% |
| Q1 2025 | 0.36% |
| Q2 2025 | 0.39% |
| Q3 2025 | 0.38% |
| Q4 2025 | 0.32% |
| Q1 2026 | 0.34% |
| Q2 2026 | 0.34% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 1.03% |
| Q3 2024 | 1.00% |
| Q4 2024 | 0.99% |
| Q1 2025 | 1.22% |
| Q2 2025 | 1.24% |
| Q3 2025 | 1.16% |
| Q4 2025 | 1.18% |
| Q1 2026 | 1.39% |
| Q2 2026 | 1.38% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 85 | $255.4M | 13.22% | 0.34% | 1.38% | 69.1% |
| Q1 2026 | 85 | $251.2M | 13.04% | 0.34% | 1.39% | 69.7% |
| Q4 2025 | 82 | $252.2M | 12.67% | 0.32% | 1.18% | 68.0% |
| Q3 2025 | 81 | $251.9M | 12.80% | 0.38% | 1.16% | 65.9% |
| Q2 2025 | 83 | $242.8M | 12.95% | 0.39% | 1.24% | 67.2% |
| Q1 2025 | 82 | $241.9M | 12.77% | 0.36% | 1.22% | 66.5% |
| Q4 2024 | 84 | $238.4M | 12.95% | 0.10% | 0.99% | 65.2% |
| Q3 2024 | 81 | $238.5M | 12.88% | 0.35% | 1.00% | 63.4% |
| Q2 2024 | 85 | $225.4M | 12.91% | 0.02% | 1.03% | 63.8% |
2,650 peers · $100 million – $1 billion
How it compares with peers
Percentile against banks of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size banks in West Virginia
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Capon Valley BankBank Wardensville, WV | 61 out of 100, Moderate | $244.2M | 9.7% | 1.27% | vs |
| Williamstown Bank, Inc.Bank Williamstown, WV | 66 out of 100, Moderate | $236.7M | 10.1% | 0.37% | vs |
| Davis Trust CompanyBank Elkins, WV | 53 out of 100, Below average | $274.9M | 8.5% | 0.66% | vs |
| FNB Bank, Inc.Bank Romney, WV | 70 out of 100, Strong | $277.9M | 10.6% | 0.45% | vs |
| Calhoun County Bank, Inc.Bank Grantsville, WV | 72 out of 100, Strong | $211.7M | 10.5% | 0.58% | vs |
| West Union BankBank West Union, WV | 70 out of 100, Strong | $300.3M | 8.7% | 0.13% | vs |
Deposit insurance
Is my money safe at The Bank of Monroe?
Yes. The Bank of Monroe is an FDIC-insured institution (FDIC certificate #6180). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
An estimated 16.4% of deposits ($36.7M) are above the $250,000 FDIC insurance limit, below the peer median of 24%. Insured balances are protected regardless of the score.
The tier 1 leverage ratio is 13.22%, well above the 5% level regulators use as the "well capitalized" benchmark for this measure. Its total risk-based capital ratio is 22.79% (benchmark: 10%).
3 locations
Branches
The Bank of Monroe lists 3 offices in 3 cities. Most locations:
- Fairlea, WV (1)
- Lewisburg, WV (1)
- Union, WV (1)
Identity & history
Profile
- Legal name
- The Bank of Monroe
- Type
- State-chartered bank (Fed member)
- FDIC certificate #
- 6180
- RSSD ID
- 849432
- Primary regulator
- FED
- Holding company
- Union Bankshares Inc
- Established
- November 3, 1903
- Headquarters
- 39 Main St, Union, WV 24983
- Website
- www.mybankofmonroe.com
- Employees
- 42
Quick answers
The Bank of Monroe: common questions
Is The Bank of Monroe FDIC insured?
Yes. The Bank of Monroe is an FDIC-insured institution (FDIC certificate #6180). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category.
What is The Bank of Monroe's TellerScore?
85 out of 100 (Very strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
Has The Bank of Monroe ever failed?
There is no failure record for FDIC certificate #6180 in the FDIC failed bank list.
How many branches does The Bank of Monroe have?
3 offices as of the latest FDIC data.
Nearby
Highest-scoring banks and credit unions with branches near Union
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Celco Community Federal Credit UnionCredit union Narrows, VA | 85 out of 100, Very strong | $143.9M | 20.9% | 1.33% | vs |
| City National Bank of West VirginiaBank Charleston, WV | 78 out of 100, Strong | $6.8B | 9.6% | 0.22% | vs |
| The First National Bank of PeterstownBank Peterstown, WV | 77 out of 100, Strong | $84.9M | 13.9% | 1.47% | vs |
| First Community BankBank Bluefield, VA | 75 out of 100, Strong | $3.6B | 10.2% | 0.70% | vs |
| The National Bank of BlacksburgBank Blacksburg, VA | 70 out of 100, Strong | $1.8B | 10.5% | 0.06% | vs |
| Peoples BankBank Marietta, OH | 67 out of 100, Moderate | $9.5B | 9.7% | 0.60% | vs |