At Mechanics Cooperative Bank, we pride ourselves on serving local businesses. With years of experience, local expertise and a wide array of business banking and lending services, Mechanics Cooperative Bank is here to provide an easier business banking relationship.
If you and/or your business is in need of business banking or lending services, we’re here to help. Learn more about our business banking and lending services below.
Mechanics offers a number of business checking accounts to meet the needs of your small, medium or large business. For small businesses, our Choice Free Business Checking and Choice Business Checking 200 can help you make the most of your business dollars. For more established businesses that carry large balances and have a high number of monthly transactions, our Premier Choice Business Checking is the best fit. Additionally, we also offer more specific accounts such as the Choice IOLTA, Choice Non-Profit and Merchant Credit card Services & POS for businesses that meet those specifications.
Whether your business needs long term savings goals or more liquid products for deposits, we have your business savings needs covered. Our Choice Business Money Market Account pays higher rates than traditional savings and checking accounts. Our Business CDs offer competitive rates and are a great option for deposits you may not need to access for a certain period of time.
Business Mobile Banking
We understand that it’s all hands on-deck when running a business. You’re busy, and we don’t want you to have to come down to the bank for all of your business banking needs. That’s why we offer Business Mobile Banking and Mobile Deposit services to our business banking customers!
Our Commercial Lending team truly understands the local business market. We’re responsive to your business needs and can react quickly to growth opportunities that arise. We offer Commercial Lending products such as Commercial Mortgages, Term Loans, Letters/Lines of Credit, SBA Lending and Overdraft Protection Lines of Credit. You can easily apply online, download the application to fill out or contact our Commercial Lending team to apply for the lending product that meets your business lending needs.
If you’re ready for personalized, local business banking services without compromising on the array of products and services offered, contact Mechanics Cooperative Bank today!