Company Information

Get to know Monroe Bank & Trust

Founded in 1858, Monroe Bank & Trust (MBT) was a prominent financial institution serving individuals, businesses, and communities throughout Southeast Michigan for over 160 years. As a community-focused bank, it offered a full range of services including personal and business banking, commercial lending, wealth management, and trust services. In October 2018, First Merchants Corporation announced its intention to acquire MBT Financial Corp., the parent company of Monroe Bank & Trust. The acquisition was completed in September 2019, and all Monroe Bank & Trust locations were subsequently rebranded as First Merchants Bank.

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Monroe Bank & Trust

United States

Founded in

1905 (121 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.