Keeping it Local!

Market Area

Mechanics Cooperative Bank defines its normal trade area as the Taunton and Fall River communities including the surrounding markets in Southeastern Massachusetts and Rhode Island. The Bank reserves the right to refuse account relationships outside the normal trade area.

Message from our President

The value created by the relationship between our customers and our Bank extends far beyond our products and services.  This relationship supports stability and security for local families who trust us with their life savings and look to us for support when purchasing a home.  This relationship supports local businesses who want to grow with the purchase of a new building or the financing of new equipment, with all of this hard work aimed at creating additional wealth to support generations to come.

Joseph T. Baptista Jr

The many aspects of what we offer our customers all reflect a fundamental understanding of why we’re in business – “Let’s Keep it Local!®” This philosophy is central to how we feel about our corporate responsibility and the kind of future we want to build together with our customers.

As we look back over the last decade we can proudly say we have given over $2.5 million to local nonprofit organizations. These funds have had a direct impact on the local communities that we serve including Bridgewater, Dighton, Fall River, Somerset, Swansea, Taunton, Westport and New Bedford as well as their surrounding cities and towns. We could not be more proud of our commitment to local charitable support that helps make our “Let’s Keep it Local!®” tagline, a reality.

I would like to take this opportunity to express my sincere appreciation for your continued patronage and business with Mechanics Cooperative Bank. We understand that local, loyal customers like you, have many banking options and we feel privileged to serve you. We are proud to represent the very best of what community banking should be and are committed to retaining these values in the future. We appreciate your business and thank you for banking with Mechanics Cooperative Bank.

Keep it Local!®

Joseph T. Baptista Jr.

Deposit Insurance Fund (DIF)

The DIF is a private, industry-sponsored insurance fund that insures all deposits above the Federal Deposit Insurance Corporation (FDIC) limit of $250,000. The DIF has been insuring deposits since 1934.

All DIF member banks are also members of the FDIC. All deposits above the FDIC insurance limit are insured by the Depositors Insurance Fund (DIF). The combination of FDIC and DIF insurance provides customers of member banks with full deposit insurance on all their deposit accounts. No depositor has ever lost a penny in a bank insured by both the FDIC and the DIF.

DIF insurance coverage requires no applications or special forms. Depositors automatically receive this added insurance benefit at no cost whenever they make a deposit to a new or existing account at a DIF member bank. To learn more about the DIF’s history, operations, and deposit insurance coverage, please visit the DIF’s website at and click on the FAQ link at the top of this page or call the DIF at 781-938-1984.

Mobile Banking App Promotion