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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...

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 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,...
PICTURED IN THE University of Massachusetts Dartmouth’s new Charlton College of Business Learning Pavilion to commemorate the $100,000 gift from Mechanics Cooperative Bank are, from left: Kathryn Carter, dean of the Charlton College of Business; Robert E. Johnson, chancellor of UMass Dartmouth; and Joseph T. Baptista Jr., president and CEO of Mechanics Cooperative Bank, which committed $100,000 in support of the new space and the university as a whole. / COURTESY MECHANICS COOPERATIVE BANK

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...
JASON RUA (left), chairman of Southcoast Health Board of Trustees, stands with Joseph T. Baptista Jr., president and CEO of Mechanics Cooperative Bank (center) and Keith A. Hovan, president and CEO of Southcoast Health./PHOTO COURTESY OF SOUTHCOAST HEALTH

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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