Monroe Federal Bancorp is the holding company for Monroe Federal Savings and Loan Association, a community savings institution serving the Dayton, Ohio metropolitan area. Monroe Federal operates offices in Miami and Montgomery Counties, where it gathers retail deposits from local residents and businesses to fund its lending activities. The company's loan portfolio is heavily concentrated in real estate, consisting primarily of one- to four-family residential mortgages. Other significant loan segments include commercial real estate, commercial and industrial loans, and home equity lines of credit. Monroe Federal generates income primarily through the net interest margin, representing the spread between interest earned on loans and interest paid on deposits. Historically, the company held all originated loans on its balance sheet, but it is currently transitioning to a model that includes selling longer-term fixed-rate mortgages into the secondary market to mitigate interest rate risk. Monroe Federal is also diversifying its portfolio by expanding its commercial and industrial lending operations. In late 2024, the company completed its conversion from a mutual savings association to a stock company to support future growth. Funding is sourced almost entirely from local retail deposits, specifically certificates of deposit and money market accounts.