Monarch Financial Holdings, Inc. operates as the bank holding company for Monarch Bank that provides various banking products and services for businesses, professionals, corporate executives, and individuals. Its deposit products include checking and savings accounts, as well as daily money market accounts and longer-term certificates of deposit. The company’s loan portfolio comprises consumer loans, including home equity lines of credit; professional lines of credit; and secured and unsecured loans for financing automobiles, home improvements, education, and personal investments, as well as residential and commercial real estate construction, acquisition, and development loans for 1-4 family residential markets. Its loan portfolio also consists of secured and unsecured commercial loans for working capital, including inventory and receivables; business expansion, such as acquisition of real estate and improvements; and the purchase of equipment and machinery, as well as loans secured by commercial real estate. The company also offers investment advisory services, insurance sales, safe deposit boxes, cash management services, check and bankcard services, direct deposit of payroll and social security checks, automatic drafts for various accounts, telephone banking services, Internet banking services, Internet cash management services, and automated teller machines (ATMs) services. In addition, it provides commercial mortgage brokerage services in the placement of primarily long-term fixed-rate debt for the commercial, hospitality, and multi-family housing markets. Monarch Financial Holdings operates seven offices in the Great Bridge area in Chesapeake; the Lynnhaven area, the Town Center area, the Oceanfront area, and the Kempsville area in Virginia Beach; and the Ghent area and in downtown Norfolk, as well as operates approximately 50 ATMs in South Hampton Roads and northeastern North Carolina. The company is headquartered in Chesapeake, Virginia.