Abstract: A bearing assembly monitoring system provides continuous, real time monitoring of the operating condition of a powertrain support bearing assembly and real time alarm signals indicative of degradation and/or impending catastrophic failure thereof. One embodiment of the monitoring system includes a vibration sensing device, first and second primary temperature sensing devices, an ambient temperature sensing device, vibration and temperature signal processing subcircuits, and an alarm subsystem. The vibration sensing device monitors complex vibration signals emanating from the bearing assembly and provides signals corresponding thereto. The vibration signal processing circuit filters such complex vibration signals to provide a predetermined bandwidth thereof that are converted to stabilized DC voltage signals which are compared to reference voltages corresponding to higher than normal and excessive vibration levels. Exceedance of such reference voltages generates a corresponding vibration alarm signal.