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Mechanics Cooperative Bank Awards $20,000 in Scholarships to Local Students

Mechanics Cooperative Bank recently awarded $20,000 in scholarships to 20 area students who have excelled in academics, athletics and community service to help them pursue their higher education goals.

Top Questions About Cash Management for Your Business: Answered!

No business has the same cash management needs. However, with a financial partner like Mechanics Cooperative Bank by your side, you’ll receive the help you need to determine the best combination of Cash Management services required to unlock your business’s full potential. The right services will help you maximize cash flow, save money, and reduce...

How First-Time Homebuyers Can Save for a Down Payment

Many first-time buyers put off buying their first home due to a struggle to come up with a down payment and closing costs. However, there are many ways to save up for these additional upfront costs with the right plan and assistance available. Here’s how first-time homebuyers can save up for their down payment and set up a meeting with their local...

5 Money Saving Back-to-School Shopping Tips

The start of a new school year is almost here! That means the back-to-school shopping season is in full swing. With inflation at record highs, many are worried about the impact prices will have on their back-to-school shopping budgets, as the average family is expected to spend an average of $864 on school supplies this year. No matter where you...

A Guide to Preparing a Business Loan Application

Many businesses reach a point where they need additional financing to take them to the next level. A business loan can be one of the most reliable sources of funding for a small or medium business that needs capital. However, navigating the business loan application process can be confusing, especially for first-time applicants. If you’re...

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