When Mechanics Cooperative Bank began discussing ideas for a new community based charitable program, we wanted something innovative, mutually beneficial for all and of course, fun. So, we're proud to announce that the bank and our staff created “Jeans Fridays for Charity,” and we are thrilled to report this dress-down themed initiative raised...
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Benefits of Banking Local for Consumers & Businesses
When you choose a bank, it is crucial to find the products, services, and rates that meet your needs. As you assess large national banks vs. local banks for your needs, you may question if the size of an institution matters, and to some extent, it does. However, when choosing an institution for your financial necessities, it is better to...

Community, Bank Local, Business Lending, Small Business, Commercial Lending, News & Events
Mechanics Cooperative Bank Receives $100,000 Grant to Support Local Small Businesses Impacted by COVID-19
Mechanics Cooperative Bank Board of Directors and Executive Leadership Team are pleased to announce they have been awarded a $100,000 grant through the Jobs for New England Recovery Program by the Federal Home Loan Bank of Boston (FHLB) to be used in direct support of local small businesses impacted by COVID-19. The $100,000 in funds Mechanics...

Banking, Choosing a Bank, Community, Bank Local, News & Events
Mechanics Cooperative Bank Opens New Branch in New Bedford
The Mechanics Cooperative Bank Board of Directors and Executive Leadership Team are excited to announce the opening of a new branch in New Bedford, MA located at 1238 Kempton St. This new location marks the ninth branch office for Mechanics Cooperative Bank, with our footprint now covering a large portion of southeastern Massachusetts,...

Bank Local, Business Banking, Business Lending, Small Business, Commercial Lending, Commercial Mortgage
3 Reasons You Should Invest in Property for Your Business with a Commercial Mortgage
Investing in property can be a smart move for your business’ financial health and can also help boost the financial standing of your business. As a business owner, one of the most important decisions you can make is applying for a commercial mortgage to purchase commercial property for your business.