Mechanics Cooperative Bank
Taunton, MA · Owner: Mountainone Financial MHC
$899M
total assets, June 30, 2026
$899M
total assets, June 30, 2026
Mechanics Cooperative Bank is a state savings bank based in Taunton, MA, owned by Mountainone Financial MHC. As of June 30, 2026 it held $898.8 million in assets and $679.6 million in deposits; assets were up 8.2% from a year before. It has 10 branches.
Updated Oct 11, 2026 · numbers as of June 30, 2026
Total assets
$899M
+8.2% in a year · +2.3% in a quarter
Deposits
$680M
+3.4% in a year · -0.2% in a quarter
Loans
$746M
+7.0% in a year · +2.3% in a quarter
Profit so far
$5.5M
Jan 1 to Jun 30, 2026 · +2.5% in a year
Capital ratio
12.38%
-0.40 pts in a year
Return on assets
1.24%
-0.04 pts in a year
Facts
- Type
- State savings bank
- Head office
- 316 Broadway, Taunton, MA, 02780
- County
- Bristol
- Holding company
- Mountainone Financial MHC
- Established
- Jan 1, 1877
- Employees
- 103
- Branches
- 10
- Website
- www.mechanics.bank
- Id
- b26634
Quarter by quarter
June 30, 1986 to June 30, 2026
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Branches
10 offices as of June 30, 2026, holding $679.6 million in deposits
Branch map
Every branch, sized by its deposits
| State | Branches | Deposits | Share |
|---|---|---|---|
| Massachusetts | 10 | $680M | 100.0% |
| Largest branches | Place | Deposits |
|---|---|---|
| Mechanics Cooperative Bank (main office) | Taunton, MA | $191M |
| 165 State Rd Branch | Westport, MA | $88.1M |
| North Dighton Branch | North Dighton, MA | $82.3M |
| Taunton Branch | Taunton, MA | $76.1M |
| 201 Gar Hwy Branch | Swansea, MA | $65.5M |
| 72 Main Street Branch | Bridgewater, MA | $59.9M |
| 1236 County St Branch | Somerset, MA | $49.2M |
| 60 Bedford Street Branch | Fall River, MA | $46.3M |
| New Bedford Branch | New Bedford, MA | $21.0M |
| Corporate Office | Taunton, MA | $0 |
Related pages
Questions and answers
How big is Mechanics Cooperative Bank?
$898.8 million in total assets and $679.6 million in deposits as of June 30, 2026, with assets up 8.2% from a year before. Its loans were $745.9 million.
How many branches does Mechanics Cooperative Bank have?
10 branches in Massachusetts as of June 30, 2026.
Is Mechanics Cooperative Bank profitable?
Yes: it earned $5.45 million from January 1 to June 30, 2026 (up 2.5% from the same months a year before). Its return on assets was 1.24% a year; about 1% is typical.
Who owns Mechanics Cooperative Bank?
Mechanics Cooperative Bank is owned by Mountainone Financial MHC, its holding company.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.