Monarch Federal Credit Union

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A short history of Monarch FCU

Since its inception in 1936 the Monarch Federal Credit Union has been serving its members in the MIAMISBURG, Ohio area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Douglas Hemmelgarn, the Monarch FCU has grown its membership to over 1,060 with assets of more than $9,764,384. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (937) 865-2274 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MIAMISBURG, OH.

General Information For Monarch FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 1489
Address 170 MONARCH LN 
State Ohio 
Zip-Code 45342
Phone Number (937) 865-2274
Fax Number (937) 865-6676
Email Address:
CEO/President Douglas Hemmelgarn
Members 1,060 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 9,764,384 

Compare Monarch Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
River Valley CU Huber Heights Branch 6595 Brandt Pike 45424 (937) 222-4546 No 1.72
Kh Network Credit Union CU Paragon Road Branch 7740 Paragon Rd 45459 (937) 558-9070 No 4.84
Heartland CU Dixie Branch 3115 S Dixie Dr 45439 (937) 294-1991 No 5.85
Wright-dunbar Area CU Coriinthian Branch 700 S James H McGee Blvd 45417 (937) 223-1101 No 8.01
Day Air CU Lebanon Branch 550 Mound Ct 45036 (513) 933-9521 No 8.11

Monarch Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Monarch Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 3.40 4.75 3.92 6.11
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 197 296 129 353
Rank Among All Ohio Credit Unions N/A 56 64 24 77

Monarch Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.25 N/A 0.90 0.45
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 95 N/A 190 234
Rank Among All Ohio Credit Unions N/A 16 N/A 51 58
Monarch Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.190348538,701
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.400891,447,319
Used Vehicle Loans 4.7501751,871,789
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.92013861,450
Total Other Real Estate Loans/Lines of Credit 6.11019347,751
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.01027363,092
TOTAL LOANS & LEASES 6715,430,102

Monarch Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 12731,40200
    a. > 15 years 1130,04800
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 11218,868298,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 8128,883120,000
Open-End Fixed Rate 0000
TOTALS 321,209,2013118,000


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Monarch Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes