Mechanics Cooperative Bank
Taunton, MA
IDRSSD: 183770
Total Assets
$862.22M
Latest filing
Total Deposits
$701.15M
Latest filing
Net Interest Margin
4.15%
Profitability
Key People
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Locations
Main office and branches. Select to view on the map.
Main Office
Mechanics Cooperative Bank
316 Broadway
Taunton, MA 02780
Full Service - Brick and Mortar
Updated 01/30/2026Established 01/01/1877FDIC Certificate 35366
Branches (10)
Page 1 of 2| Name | Address | City / State |
|---|---|---|
| Mechanics Cooperative Bank (Main) | 316 Broadway | Taunton, MA |
| TAUNTON BRANCH | 75 County St | Taunton, MA |
| 165 STATE RD BRANCH | 165 State Rd | Westport, MA |
| 1236 COUNTY ST BRANCH | 1236 County St | Somerset, MA |
| 201 GAR HWY BRANCH | 201 Gar Hwy | Swansea, MA |
| 72 MAIN STREET BRANCH | 72 Main St | Bridgewater, MA |
| 60 BEDFORD STREET BRANCH | 60 Bedford St | Fall River, MA |
| NORTH DIGHTON BRANCH | 596 Somerset Ave | North Dighton, MA |
Showing 7 of 10
Quarterly Trends
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Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | State chartered stock savings banks / S&L |
| Primary Regulator | FDIC |
| Established Date | 01/01/1877 |
| Community Bank | Yes |
| Ownership Type | Not Mutual |
| ZIP | 02780 |
| State and County Number | 25005 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 01 |
| Numeric code | 41 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | New York |
| Core Based Statistical Area Name | Providence-Warwick, RI-MA |
Operational Info
| Number of Employees | 99 |
| Domestic Offices | 11 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 11/17/2024 |
| Date of Deposit Insurance | 04/17/1986 |
| Primary Insurance Agency | DIF |
| Website | www.mechanics.bank |
| Data Updated | 01/30/2026 |
| CERT | 26634 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $862.22M |
| Total Deposits | $701.15M |
| Total Liabilities | $754.42M |
| Total Equity Capital | $107.79M |
| Net Income | $2.40M |
| Net Loans and Leases | $723.03M |
| Assets Per Employee ($Millions) | $8.8M |
| Bank Premises and Fixed Assets | $18.43M |
| Cash and Balances due from Depository Institutions | $9.41M |
| Deposits Held in Domestic Offices | $701.15M |
Key Performance Ratios
| Return on Assets (ROA) | 1.12% |
| Return on Equity (ROE) | 9.04% |
| Net Interest Margin | 4.15% |
| Efficiency Ratio | 57.74% |
| Tier 1 Risk-Based Capital Ratio | 15.297% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.29% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 12.502% |
| Earning Assets to total Assets | 94.38% |
Income and Expense
| Total Interest Income | $12.72M |
| Total Noninterest Income | $591.00k |
| Total Interest Expense | $4.33M |
| Total Noninterest Expense | $5.18M |
| Net Interest Income | $8.39M |
| Pre-tax Net Operating Income | $3.17M |
| Provision for Credit Losses | $621.00k |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | — |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $41.48M |
| Federal Funds Sold & Reverse Repurchase Agreement | $0 |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $9.58M |
| Total Liabilities and Capital | $862.22M |
Securities
| Securities | $82.95M |
| Available-for-sale debt securities | $82.95M |
| Equity securities with readily determinable fair values not held for trading | — |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $2.21M |
| Trading Liabilities | $2.21M |
Frequently Asked Questions
What are the total assets of Mechanics Cooperative Bank?
$862.22M as of the latest filing.
How much are Mechanics Cooperative Bank's total deposits?
$701.15M in total deposits.
Where is Mechanics Cooperative Bank located?
Taunton, MA.
What is the Net Interest Margin?
4.15%.
How many domestic offices does it operate?
11.
When was it established?
01/01/1877.
What is the Return on Assets (ROA)?
1.12%.
How much are total loans and leases?
$723.03M (latest filing).
What is the total interest income (latest filing)?
$12.72M.