Monarch Implements New Retail Position

Monarch Implements New Retail Position

Bank Promotes Karyn Mercier and Lynn Crump

CHESAPEAKE, Va., Nov. 18, 2013 (GLOBE NEWSWIRE) -- Monarch Bank, a subsidiary
of Monarch Financial Holdings, Inc. (Nasdaq:MNRK), is pleased to announce the
creation of a new position, Senior Vice President of Retail Banking and the
promotion of Karyn Mercier. Lynn Crump was appointed to Assistant Vice
President, Private Banker and manager of Monarch's World Trade Center office.

In her new role, Mercier will be responsible for the management and retail
strategy of the Bank's 14 branches throughout Virginia and North Carolina. The
promotion includes appointment to Monarch Bank's Senior Management team.
Mercier previously served as First Vice President and office manager for
Monarch's World Trade Center location. Her office is located in Monarch's
Corporate Headquarters at 1435 Crossways Blvd., Suite 301. Mercier's new
number is (757) 955-8648.

In her new role as office manager, Crump will work to achieve goals and
expectations including sales, client service, employee development,
operational success and compliance. Crump previously served as a Senior
Commercial Account Manager of Monarch Bank's Norfolk Business Banking for
eight years. Her office is located in downtown Norfolk's World Trade Center
building at 101 W. Main Street, Suite 1000. Crump's office number is (757)

About Monarch Bank

Monarch Financial Holdings, Inc. is the one-bank holding company for Monarch
Bank. Monarch Bank is a community bank with twelve banking offices in
Chesapeake, Virginia Beach, Norfolk, Suffolk, Newport News and Williamsburg,
Virginia. OBX Bank, a division of Monarch Bank, operates offices in Kitty Hawk
and Nags Head, North Carolina. Monarch Mortgage and our affiliated mortgage
companies have over thirty offices with locations in Virginia, North Carolina,
Maryland, and South Carolina. The shares of common stock of Monarch Financial
Holdings, Inc. are publicly traded on the Nasdaq Capital Market under the
symbol "MNRK".

CONTACT: For Media Inquiries:
         Nancy Porter, Senior Vice President - Marketing & Sales
         Monarch Bank (757) 389-5107

Monarch Financial Holdings, Inc. logo
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