Tag: Mechanics Cooperative Bank
Several local banks receive top financial strength rating from Bauer Financial
PROVIDENCE – Nine local banks and 24 local credit unions were recognized with five-star ratings by Bauer Financial, according to the company this week. An...
FDIC: 16 banks within R.I., Bristol County, Mass., report profit increases...
PROVIDENCE – Sixteen banks that operate in Rhode Island and Bristol County, Mass., reported increases in third quarter year-to-date profit from 2018, while seven...
FDIC: Local banks see profit grow 38% in 2018
PROVIDENCE – More than 20 banks with branches located in Rhode Island and Bristol County, Mass., reported year-over-year increases in net income at the...
FDIC: Retail bank deposits up 5.6% in Bristol County, Mass.,...
PROVIDENCE – Retail banking deposits in Bristol County, Mass., grew by 5.6 percent during fiscal year 2018, ended June 30, new federal banking statistics...
Mechanics Cooperative Bank appoints Botelho vice president, commercial loan officer
TAUNTON – Maria T. Botelho has been appointed vice president, commercial loan officer at Mechanics Cooperative Bank, The Herald News reported Sept. 25. Botelho has...
Mechanics Cooperative Bank hires new VP for residential mortgages and consumer...
TAUNTON – The Mechanics Cooperative Bank recently appointed Steven Borgerson as vice president of residential and consumer lending. Borgerson will ensure the bank’s residential...
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,...
Local bank commits $100K to UMass Dartmouth business school
TAUNTON – The Charlton College of Business Learning Pavilion at the University of Massachusetts Dartmouth received a $100,000 commitment from Mechanics Cooperative Bank, according...
Mechanics Cooperative donates $125K to Southcoast Health
FALL RIVER – Mechanics Cooperative Bank on Tuesday donated $125,000 to Southcoast Health System Inc. to help it improve three of its acute-care hospitals. The...
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