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FHLBank Boston awards BankNewport $850K grant to support construction of 54...

PROVIDENCE – BankNewport recently received an $850,000 grant from the Federal Home Loan Bank of Boston, which it will use to provide construction financing...

Mechanics Cooperative Bank awards $100K in grants to local small bizs

TAUNTON – Mechanics Cooperative Bank recently awarded $100,000 in grants to several small businesses hurt by the COVID-19 pandemic, according to a news release. The...

Federal Home Loan Bank of Boston funds $945K for new housing...

PROVIDENCE – Rhode Island received $945,000 in grants as part of Federal Home Loan Bank of Boston’s $57.5 million funding initiative to support affordable...

St. Anne’s Credit Union offers homebuyer assistance

FALL RIVER – St. Anne’s Credit Union has been selected to participate in the Federal Home Loan Bank of Boston’s Equity Builder Program, which...

Woonsocket and Newport to get affordable housing projects

PROVIDENCE – Buildings and homes in need of repairs in Woonsocket and Newport have access to funds for rehabilitation under an affordable housing initiative...
MECHANICS COOPERATIVE BANK has been selected by the Federal Home Loan Bank of Boston to participate in its Equity Builder Program, assisting local homebuyers with down payments and closing costs as well as providing counseling and rehabilitation assistance.

Mechanics Cooperative Bank tapped for Equity Builder Program

PROVIDENCE – Federal Home Loan Bank of Boston has selected Mechanics Cooperative Bank to participate in its Equity Builder Program. As part of the program,...
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