Feb.22, 2024 in Blog

Ready to Achieve Your Savings Goals?

Did you know that nearly half the population in America either struggles to save or has no savings at all? Having a rainy-day fund is always a good investment on your part, so how can you reach your savings goals? Let’s look at some best practices you can implement to help take your savings to the next level! Pre-savings planning will help you identify the areas you need to prioritize and th...

Jan.31, 2024 in Press Release 2024

Mechanics Cooperative Bank Awards Scholarships to 9 Local Students!

TAUNTON, MASSACHUSETTS:  Mechanics Cooperative Bank is once again proud to announce the recipients of their annual scholarship awards! The Mechanics Cooperative Bank Scholarship Program was created to support and recognize outstanding academic achievements, leadership qualities, and community involvement amongst local students. The scholarship aims to support young talents in pursuing their edu...

Jan.26, 2024 in Press Release 2024

Mechanics Cooperative Bank Employees Dress-Down to Raise Over $16,000 for Local Non-Profits!

TAUNTON, MA:  The 4th Annual “Jeans for Charity” fundraiser was another huge success in 2023!  Mechanics Cooperative Bank employees that enrolled in the Jeans for Charity program were allowed to wear jeans each Friday and Saturday throughout the year with their charitable contribution made weekly, via payroll deduction. In addition, Mechanics Cooperative Bank agreed to match these em...

Jan.17, 2024 in Blog

Corporate Transparency Act (CTA)

Many small businesses are now required to report information about the individuals that own or control them, due to a new law called the Corporate Transparency Act in effect as of January 1, 2024. This law requires reporting to the U.S. Treasury’s Financial Crimes Enforcement Network (“FinCEN”). The law is to make it harder for criminals to use shell companies or unc...

Jan.16, 2024 in Blog

Financial Wellness: A New Year, A Healthier Financial You

Did you know that your financial well-being can affect your physical well-being? Factors like stress, depression, and poor decision-making can all be evidence of dwindling financial wellness as well as physical. As we stand on the cusp of a new year, the canvas of financial opportunities awaits, and the choice is yours! Join us as we explore practical strategies to start 2024 on the right finan...


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