Mechanics Cooperative Bank is a bank based in Taunton, Massachusetts, established in 1877, with $879 million in total assets across 11 branches. By Trust Grade it ranks 6th of 91 banks we track in Massachusetts. Its capital ratio of 13.2% is stronger than 82% of similarly sized banks, versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 1.13% return on assets. No consumer complaints against Mechanics Cooperative Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Mechanics Cooperative Bank compares to Massachusetts peers
How we graded Mechanics Cooperative Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.2% capital ratio)
- Strongly profitable (ROA 1.13%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Mechanics Cooperative Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (11)
- 75 County St, Taunton, MA 02780
- 165 State Rd, Westport, MA 02790
- 1236 County St, Somerset, MA 02726
- 201 Gar Hwy, Swansea, MA 02777
- 72 Main St, Bridgewater, MA 02324
- 316 Broadway, Taunton, MA 02780
- 60 Bedford St, Fall River, MA 02720
- 596 Somerset Ave, North Dighton, MA 02764
- 470 Myles Standish Blvd, Taunton, MA 02780
- 15 W Britannia St, Taunton, MA 02780
- 1238 Kempton St, New Bedford, MA 02740
Are deposits at Mechanics Cooperative Bank insured?
Yes. Mechanics Cooperative Bank is an FDIC-insured bank (FDIC certificate #26634). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Mechanics Cooperative Bank: frequently asked questions
Is Mechanics Cooperative Bank a good bank?
Mechanics Cooperative Bank earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.2% capital ratio); Strongly profitable (ROA 1.13%).
Is Mechanics Cooperative Bank FDIC-insured?
Yes. Mechanics Cooperative Bank is a FDIC-insured bank (FDIC certificate #26634). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Mechanics Cooperative Bank?
Mechanics Cooperative Bank holds $879 million in total assets, ranking 6th of 91 banks we track in Massachusetts. It operates 11 branches.
Does Mechanics Cooperative Bank have CFPB complaints?
No CFPB complaints against Mechanics Cooperative Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
