Monarch Community Bancorp, Inc. is a federal bank holding company that operates through its wholly owned subsidiary, Monarch Community Bank (the Bank). The Bank�s principal business consists of attracting retail deposits from the general public and investing those funds primarily in permanent loans secured by first mortgages on owner-occupied, one-to-four family residences, loans secured by commercial and multi-family real estate, commercial business loans and construction loans secured primarily by residential real estate. The Bank also originates home equity loans and a variety of consumer loans. The Bank�s revenues are derived principally from interest on loans, investment securities and overnight deposits, as well as from sales of loans and fees and charges on deposit accounts. The Bank�s geographic market area for loans and deposits is principally Branch, Calhoun and Hillsdale counties.