Mechanics Cooperative Bank, New Bedford Branch

Name:Mechanics Cooperative Bank, New Bedford Branch
Full Service Brick and Mortar Office
Location:1238 Kempton St
New Bedford, MA 02740

Bristol County
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Branch Deposit:$13,725,000
FDIC Cert:#26634
Established:10/28/2020


The Bank

Name:Mechanics Cooperative Bank
Concentration:Commercial Lending Specialization
Established:01/01/1877
FDIC Insurance:08/09/1989
Holden By:MECHANICS BCORP MHC
Charter Class:
# of Branches:11, view all, view on map
Website:www.mechanics-coop.com
Total Assets:$723,214,000
Total Deposits:$546,142,000
Total Equity Capital:$88,883,000
Total Domestic Office Deposits:$546,142,000
Net Income:$8,158,000
Quarterly Net Income:$2,058,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:10%
Quarterly Return on Equity:10%
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