Monroe Federal Bancorp, Inc.

Monroe Federal Bancorp, Inc. is a registered savings and loan holding company that operates primarily through its wholly owned subsidiary, Monroe Federal Savings and Loan Association. The company was incorporated in May 2024 and completed its conversion to a stock organization on October 23, 2024, selling 5,26,438 shares of common stock at $10.00 per share. Monroe Federal Savings and Loan Association, originally chartered in 1875, is a federally-chartered mutual savings association. It conducts operations from its main office in Tipp City, Ohio, and three branch offices located in Tipp City, Dayton, and Vandalia, Ohio. The company's primary business involves accepting deposits from the general public and investing these funds, along with those generated from operations, primarily in one- to four-family residential mortgage loans. To a lesser extent, it also invests in commercial real estate loans. All loans are secured by properties located within its primary market area in Ohio. As of March 31, 2025, Monroe Federal Bancorp, on a consolidated basis, reported total assets of $144.3 million, loans of $107.8 million, deposits of $120.7 million, and stockholders' equity of $12.1 million. The company's principal office is located at 24 East Main Street, Tipp City, Ohio 45371.