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Mechanics Cooperative Bank names 2021 high school scholarship winners

TAUNTON – Mechanics Cooperative Bank recently announced the 13 high school student recipients of its annual scholarship awards, according to a news release. The annual...

Mechanics Cooperative Bank donates $12K to 3 charities

TAUNTON – Mechanics Cooperative Bank recently donated a total of $12,000 to three charities through its 2020 “Jeans Fridays” fundraiser, according to a news...

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...

Mechanics Cooperative Bank opens new branch in New Bedford

NEW BEDFORD – Mechanics Cooperative Bank recently opened a new branch in New Bedford, according to a news release. The branch on Route 6 is...
COURTESY MECHANICS COOPERATIVE BANK

Mechanics Cooperative Bank donates 8K KN95 masks to front-line workers

WELL-STOCKED: Taunton-based Mechanics Cooperative Bank has been supporting front-line workers with face masks throughout the coronavirus pandemic. The bank has donated a total of...

Mechanics Cooperative Bank donates masks to Taunton first responders

TAUNTON – Mechanics Cooperative Bank recently donated 2,000 KN95 masks to Taunton Police and Fire departments amid a shortage of personal protective equipment, according...
BAUER FINANCIAL has released its most recent ratings of the financial strength of local banks and credit unions.

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...
CITIZENS BANK N.A. reported a net income of $1.4 billion through the third quarter, according to financial data from the Federal Deposit Insurance Corp. Thursday. / BLOOMBERG FILE PHOTO/SCOTT EISEN

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...
CITIZENS BANK N.A. reported net income of $1.39 billion as of Dec. 31, 2018, according to data released by the Federal Deposit Insurance Corp. on Thursday. / PBN FILE PHOTO/ELI SHERMAN

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...

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