MECHANICS COOPERATIVE BANK HISTORY
- Bank Name:Mechanics Cooperative Bank
- Bank Class:State Savings Bank
- Member FDIC:Certificate #26634
- Locations:10 Branches in Massachusetts
Mechanics Cooperative Bank was founded on January 1, 1877 and has been serving the financial needs of their customers for over 147 years.
Mechanics Cooperative Bank currently operates with 10 branches located in Massachusetts as a subsidiary of Mechanics Bancorp, Mhc. Check below for important events in banks history.
IMPORTANT EVENTS IN BANKS HISTORY
Below is a list of some important events in the history of Mechanics Cooperative Bank, including mergers and acquisitions.
DATEEVENT
01-01-1877Institution established but was not FDIC insured. Original name: Mechanics' Co-operative Bank.
04-17-1986Became FDIC insured.
11-01-2007Acquired Bridgewater Co-operative Bank (26550) in Bridgewater, MA.
09-01-2008Acquired Lafayette Federal Savings Bank (30060) in Fall River, MA.
09-01-2011Changed Organization Type to Cooperative Bank Stock.
03-03-2014Main Office moved to 316 Broadway, Taunton, MA 02780.
03-05-2014Changed Institution Name to Mechanics Cooperative Bank.
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